How to avoid P2P scams?

[Yuvraaj]

P2P scams keep rising, so tell me, what are the safest alternative methods to buy and sell USDT using debit or credit cards and send it to someone in India, avoiding P2P risks?

[Siddarth]

To avoid any kinds of scams, always use reputable platform exchanges like CoinDCX, Binance, or CoinSwitch for USDT purchases via debit/credit cards.

Next, send money to a certified Indian exchange using an exchange wallet or on-chain. Always activate 2FA and confirm the recipient's information.

[Yuvraaj]

Even with wallets and two-factor authentication, can I ever feel completely safe with USDT transactions, considering major exchanges still face hacks and technical risks that require constant vigilance?

[Siddarth]

When dealing with USDT transactions, it’s important to remember that some risks still exist, even if you’re using two-factor authentication (2FA) and secure wallets. To keep your assets safer, consider using a hardware wallet for long-term storage. Additionally, only trade on exchanges that you know and trust.

Staying updated on the latest security tips is crucial. So, taking a proactive approach with multiple layers of security can help reduce the risks you might encounter.