The āOverpayment Trapā ā The Sneaky P2P Scam That Can Cost You Your Crypto"
The P2P Scam I Bet Youāve NEVER Heard Of
ā Until Now!
When it comes to peer-to-peer (P2P) crypto
trading, Iāve seen (and avoided) the usual
suspects ā payment reversals, fake receipts,
stolen accounts. But recently, I came across
a new scam thatās so sneaky itās catching
even experienced sellers off guard.
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šØ The New āOverpayment Trapā
Hereās exactly how it plays out:
1ļøā£ It starts legit ā The scammer opens a
normal trade on the P2P platform and sends
payment for the agreed amount.
2ļøā£ The āaccidentalā overpayment ā Instead
of the exact amount, they send a little extra
ā usually $3ā$5 more.
3ļøā£ The polite setup ā They message me:
āOops, I overpaid! Could you send the extra
back?ā
4ļøā£ The trap snaps shut ā If you send that
small refund outside the platform, they
instantly report you for making an off-
platform transaction. The result? Your
account can be flagged, suspended, or
banned⦠and yes, they keep your crypto.
---
š” Why This Scam Works
It feels harmless ā Sellers think theyāre just
being polite by returning the extra money.
Strict platform rules ā Most P2P exchanges
have zero tolerance for off-platform
payments, even small ārefunds.ā
They control the story ā Once they report
you, the platform often sides with them
unless you have airtight proof.
---
š” How I Avoid Falling for It
ā
I never send or receive money outside
the platformās payment flow.
ā
If someone overpays, I tell them to cancel
and restart the trade with the correct amount.
ā
I keep every word of communication
inside the platformās chat for proof.
ā
I stay updated on scam tactics ā because
just like the markets, scams evolve fast.
---
Scammers are getting smarter, but so are
we. This is one more trap they wonāt catch
me in ā and now, hopefully, they wonāt catch
you either.
$BTC #topcreator