The TON Foundation announced that Telegram founder Pavel Durov has regained his passport from French authorities, allowing him to travel freely.

Daily top performer — Heroes of Mavia (MAVIA)

The S&P 500 fell 2.3% last week, its fourth straight decline, amid tariff concerns and recession fears. Investors await retail sales data and the Fed’s rate decision, while Nvidia’s CEO prepares for the GTC AI conference. Gold trades near $2,985, driven by trade war tensions, a weaker U.S. dollar, and geopolitical risks. Market focus shifts to U.S. retail sales data for further direction. CoinDesk Indices, which tracks the broader crypto market, fell 1.44% in the past 24 hours, while Bitcoin and Ether gained 0.76% and 1.02%, respectively. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is MAVIA, up 164.2% after Heroes of Mavia unveiled GameLink for cross-game asset trading.

Heroes of Mavia (MAVIA), launched on February 6, 2024, is a blockchain-based multiplayer strategy game by Skrice Studios. Players build bases, train troops, and battle to earn resources and RUBY, the in-game currency. The game integrates Web3 technology and follows a play-to-earn model. 

 a Digital Asset Exchange Platform (DAEP) for cross-game NFT and token trading. The beta launches on April 25, 2025, replacing MPEX, with Ruby 1.0 converting to Ruby 2.0 at a 10:1 ratio. Six flagship games, including an optimized Mavia, will debut on GameLink, enhancing its gaming ecosystem. The team is restructuring to improve execution, with regular updates to follow.

Check out the latest prices, charts, and data of 

 that Telegram founder Pavel Durov has regained his passport from French authorities, allowing him to travel freely. The foundation emphasized its commitment to free speech and privacy, aligning with Telegram’s mission to protect communication rights. TON reiterated its belief in blockchain as a tool for personal freedom and expressed gratitude to the community and supporters who stood by Durov.

Check Out the Latest Prices, Charts, and Data of 

BTC Spot ETFs saw $911.4M in net outflows over the past week, with GBTC losing $80.6M and non-GBTC funds seeing $830.8M in withdrawals. The largest single-day outflow was on March 11, totaling $371M. Since inception, BTC Spot ETFs have recorded $35.3B in net inflows, with GBTC down $22.5B while non-GBTC funds have gained $57.8B.

, a DeFi infrastructure project backed by $3.5M in funding, has launched its points program, potentially leading to an airdrop. Users can earn points by completing free tasks via an EVM wallet. Optional tasks include minting an NFT for 0.0009 ETH or depositing 50 USDC to activate the Arma Agent, with funds withdrawable at no cost.

Beginner

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TON Foundation supports Pavel Durov's regained travel freedom

Some of the best indices to trade on Bybit Gold&FX include SP500, DJ30, CHINA50 and GER40. Learn more about them here.

Index trading exposes investors to entire market segments through a single instrument, providing efficient diversification and liquidity. This comprehensive guide explores the 18 best indices available on 

, examining their characteristics, specifications and advantages for traders of all experience levels.

 are standardized measurements that track the performance of specific groups of securities, such as stocks within a certain industry, country or market segment.

Rather than purchasing individual stocks, traders can use indices to gain exposure to the overall performance of a market through a single position.

 in the form of contracts for difference (CFDs), allowing traders to speculate on the price movements without owning the underlying assets. Let's examine the best indices available on the platform.

The Standard and Poor's 500 (S&P 500) is one of the most widely followed equity indices globally, tracking the performance of 500 large-cap US companies across various industries. As a market cap–weighted index, it represents approximately 80% of available market capitalization in the US equity market.

Trading the SP500 CFD on Bybit Gold&FX provides exposure to the overall health of the US economy, with a maximum leverage of 500 and a maximum lot size of 1,500. The index experiences consistent liquidity and moderate volatility, making it suitable for both 

The Nasdaq-100 tracks the performance of 100 of the largest nonfinancial companies listed on the Nasdaq Composite. It's heavily weighted toward technology, with significant exposure to companies like Apple, Microsoft, Amazon and Alphabet Inc., making it a tech-focused alternative to broader indices.

On Bybit Gold&FX, NAS100 is denominated in USD, with a maximum leverage of 500 and a maximum lot size of 1,500. Its tech-heavy composition makes it particularly sensitive to technological developments and corporate earnings in the tech sector.

The Dow Jones Industrial Average (DJIA)  is one of the oldest and most recognized stock market indices. It comprises 30 large publicly owned companies based in the United States. Unlike the market cap–weighted S&P 500, the DJIA is price-weighted, meaning higher-priced stocks have a greater influence on the index.

Trading the DJ30 CFD on Bybit Gold&FX gives you exposure to blue chip companies, with a maximum leverage of 500 and a maximum lot size of 500. Its smaller composition makes it easier to track component movements and understand what's driving price action, making it popular among both novice and experienced traders.

The FTSE China A50 Index represents the performance of the 50 largest A-share companies listed on the Shanghai and Shenzhen stock exchanges. It provides concentrated exposure to China's domestic economy, including sectors like finance, industrials, consumer goods and technology.

Trading the CHINA50 CFD on Bybit Gold&FX offers a direct route to participating in the world's second-largest economy. The index responds strongly to Chinese economic data, regulatory changes and monetary policy shifts, with a maximum leverage of 500 and a maximum lot size of 1,500.

The German Stock Index, also known as the DAX40, tracks the performance of the 40 largest companies traded on the Frankfurt Stock Exchange. As Germany's benchmark index, it represents Europe's largest economy and includes global leaders in automotive, technology, pharmaceuticals and manufacturing sectors.

Trading the GER40 CFD on Bybit Gold&FX offers exposure to Germany's economic powerhouse, with a maximum leverage of 500 and a maximum lot size of 500. The index is responsive to European Central Bank (ECB) decisions, German economic data and trade relationships with China and the United States.

The US Small Cap 2000, commonly known as the Russell 2000, tracks the performance of approximately 2,000 smaller publicly traded companies in the United States. Unlike the S&P 500 or DJIA, this index focuses on smaller companies with higher growth potential and increased volatility.

Trading the US2000 CFD on Bybit Gold&FX gives traders exposure to the small-cap segment, with a maximum leverage of 500 and a maximum lot size of 1,500. The index tends to be more sensitive to domestic economic conditions, making it ideal for traders looking to capitalize on US economic cycles.

The Hong Kong Stock Market Index or Hang Seng Index (HSI), represents the 50 largest companies listed on the Hong Kong Stock Exchange. This market cap–weighted index provides exposure to both Hong Kong's local economy and mainland Chinese companies.

On Bybit Gold&FX, trading the HK50 CFD offers traders access to Asian markets, with a maximum leverage of 500 and a maximum lot size of 1,500. HK50 is particularly sensitive to China's economic developments and to global trade relations, presenting opportunities for traders looking to diversify into Asian markets.

Also known as the Paris Bourse or CAC 40, this index tracks the performance of the 40 largest and most actively traded companies on the Euronext Paris. The index encompasses various sectors, including luxury goods, energy, banking and pharmaceuticals.

Trading the FRA40 CFD on Bybit Gold&FX provides exposure to one of Europe's core economies, with a maximum leverage of 500 and a maximum lot size of 500. This index is responsive to French economic indicators, ECB policies and global luxury market trends.

The Nikkei 225, or Nikkei Stock Average, is Japan's premier stock market index, composed of 225 blue chip companies listed on the Tokyo Stock Exchange. As one of Asia's oldest stock index, it’s a key barometer for Japan's economic health.

On Bybit Gold&FX, the Nikkei225 CFD is denominated in JPY, with a maximum leverage of 500 and a generous maximum lot size of 20,000. It’s particularly sensitive to Japanese economic data, Bank of Japan monetary policy and yen exchange rates, making it essential for traders interested in Asian markets.

The FTSE 100 (or UK 100) represents the 100 largest companies by market cap listed on the London Stock Exchange. This index includes multinational companies across various sectors, including banking, energy, pharmaceuticals and consumer goods.

Trading the UK100 CFD on Bybit Gold&FX provides exposure to one of Europe's most established markets, with a maximum leverage of 500 and a maximum lot size of 500. The index is responsive to Bank of England policy decisions, British economic indicators and global commodity prices.

EURO STOXX 50 tracks the performance of 50 blue chip companies from eight eurozone countries. As Europe's leading blue chip index, it provides broad exposure to the eurozone's economic health.

On Bybit Gold&FX, the EU50 CFD is denominated in EUR, with a maximum leverage of 500 and a maximum lot size of 1,500. The index exhibits high liquidity during European trading hours, and is particularly sensitive to ECB decisions and eurozone economic indicators.

The Spain Stock Market Index, also known as the IBEX 35, represents the 35 most liquid Spanish companies traded on the Madrid Stock Exchange. It provides exposure to Spain's economy through sectors like banking, telecommunications, energy and infrastructure.

Trading the ES35 CFD on Bybit Gold&FX offers access to the Spanish market, with a maximum leverage of 200 and a maximum lot size of 500. ES35 is responsive to Spanish economic indicators, ECB policies and developments in Latin American markets.

The Hang Seng Tech Index (HKTECH) tracks the 30 largest technology companies listed in Hong Kong. It focuses on firms with high business exposure to selected technology themes, including internet, fintech, cloud, e-commerce and digital activities.

On Bybit Gold&FX, the HKTECH CFD is denominated in HKD, with a maximum leverage of 30 and a maximum lot size of 500. This index provides focused exposure to China's technology sector, and tends to exhibit higher volatility than broader indices, reflecting the growth-oriented nature of its constituents.

The Bovespa Index (Ibovespa) is the benchmark index of the Brazilian stock market. It tracks the performance of the most traded stocks on the B3 (Brasil, Bolsa, Balcão) exchange. It provides exposure to Latin America's largest economy through sectors like banking, mining, oil and gas and consumer goods.

Trading the BVSPX CFD on Bybit Gold&FX offers access to the Brazilian market, with a maximum leverage of 20 and a maximum lot size of 500. The index is particularly sensitive to commodity prices, Brazilian economic indicators, political developments and US dollar strength.

The South Africa 40 tracks the performance of the 40 largest companies listed on the Johannesburg Stock Exchange. The index gives exposure to Africa's most industrialized economy, with significant representation from mining, financial and telecommunications sectors.

On Bybit Gold&FX, the SA40 CFD is denominated in the South African rand (ZAR), with a maximum leverage of 200 and a maximum lot size of 500. The index is sensitive to commodity prices, South African Reserve Bank policies and regional political developments.

The S&P/ASX 200 is Australia's benchmark equity index, representing approximately 80% of Australian equity market capitalization. This index includes companies across various sectors, with significant financial, materials and healthcare representation.

Trading the SPI200 CFD on Bybit Gold&FX provides exposure to Australia's economy, with a maximum leverage of 500 and a maximum lot size of 500. SPI200 is affected by commodity prices, Reserve Bank of Australia policies and economic developments in China, Australia's largest trading partner.

The STOXX Singapore 20 Index tracks the performance of the top 20 companies listed on the Singapore Exchange (SGX). This index provides exposure to Singapore's economy, which serves as a financial hub for Southeast Asia, through sectors like banking, real estate and telecommunications.

On Bybit Gold&FX, the SGP20 CFD is denominated in Singapore dollars (SGD), with a maximum leverage of 50 and a maximum lot size of 500. The index offers an opportunity to gain exposure to both Singapore's stable economy and broader Southeast Asian growth through companies with regional operations.

The FTSE Taiwan RIC Capped Index represents the Taiwan stock market, which is heavily weighted toward technology and semiconductor manufacturing. As home to some of the world's largest semiconductor companies, Taiwan plays a crucial role in the global technology supply chain.

Trading the TWINDEX CFD on Bybit Gold&FX provides exposure to Taiwan's export-oriented economy, with a maximum leverage of 50 and a maximum lot size of 500. This index is particularly sensitive to global semiconductor demand, US-China technology competition and cross-strait relations with mainland China.

Indices trading offers several advantages that make it worthwhile for both beginning and experienced traders. For newcomers, indices provide broad market exposure with reduced single-stock risk, allowing you to participate in market movements without extensive research on individual companies.

Experienced traders should consider indices for efficient market-wide exposure through a single instrument. On Bybit Gold&FX, high-leverage options and reliable technical patterns make indices attractive vehicles for capitalizing on broader market movements.

Furthermore, Bybit Gold&FX is currently holding 

 where you can enjoy zero trading fees when you trade select indices pairs! This allows you to maximize your profits with no extra cost.  

For those hesitant to trade indices directly, 

 provides an excellent alternative. It allows you to automatically mirror successful index traders' strategies while maintaining complete control over your investment size.

Trade indices on Bybit today and take advantage of our zero-fee event!

Trading indices on Bybit Gold&FX provides access to global markets, with flexible leverage options and competitive spreads. Whether you're looking to capitalize on movements in established economies or emerging markets, the platform's 18 diverse indices offer something for every trading strategy.

Intermediate

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The 18 best indices to trade on Bybit Gold&FX

Mar 17, 2025: Our weekly Institutional Insights explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

 explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

Weekly highlight — consumer sentiment falls

US consumer sentiment has fallen to its lowest level in over two years, reflecting growing concerns about the economic impact of tariffs. According to data from the University of Michigan, the preliminary sentiment index for March 2025 dropped to 57.9 from 64.7 in February, the lowest level since November 2022. This decline was worse than expected by a Bloomberg survey of economists.

Inflation expectations surged, with consumers anticipating a 3.9% annual price increase over the next five to ten years, the highest rate over three decades. Additionally, consumers expect prices to rise by 4.9% over the next year from 4.3%, marking the steepest rise since 2022.

As US president Donald Trump’s tariff policies expand, consumers across the political spectrum increasingly worry that these extra duties will lead to higher costs. Despite recent inflation cooling, ongoing price pressures could lead households to reduce discretionary spending.

The survey also indicated a record low in consumer expectations regarding personal finances, with respondents estimating only a 48.7% chance of stock market gains in the coming year. Joanne Hsu, 

 the University of Michigan, emphasized that uncertainty surrounding economic policies complicates financial planning.

Some analysts warned that declining consumer confidence poses a significant threat to spending, as fears of an economic downturn may deter purchases of major items. Overall, the current conditions gauge and the expectations index fell to their lowest levels in several months, showcasing widespread consumer apprehension.

Weekly crypto highlight — Bitcoin see slight life in the past weekend

Bitcoin rebounded from a four-month low earlier this week alongside other risky assets recovering from recent market turmoil. Economic uncertainties driven by a wave of tariffs from President Trump and the threat of a government shutdown have led to significant sell-offs across various asset classes, including cryptocurrencies.

“As we conclude a week of widespread selling, markets are experiencing a relief rally from oversold conditions,” stated Ravi Doshi, Co-Head of Markets at FalconX. The avoidance of a US government funding shutdown has eased market uncertainty.

On Friday, Bitcoin rose by as much as 6.2%, reaching $85,301, while smaller digital assets surged even more: Solana gained over 9%, Chainlink increased by 13% and XRP rose nearly 8%. Earlier in the week, Bitcoin had dropped to around $77,000, a significant decline from its all-time high of $109,000 in January 2025.

This slump triggered record outflows from Bitcoin exchange-traded funds, and large liquidations in crypto derivatives markets. Crypto markets are bouncing back as macro-driven liquidations seem to be pausing. Analysts suggest that ongoing macroeconomic stability may support crypto prices.

Advanced

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Weekly Institutional Insights: Consumer sentiment falls as crypto recovers from 4-month low

Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, and futures, options and perpetual contracts.

The ongoing sell-off in risk-on assets has intensified bearish signals in derivatives markets for crypto assets. Funding rates indicate a demand for short exposure, futures prices are trading below spot prices and volatility smiles are showing a strong skew toward OTM puts as traders hedge against further declines. The at-the-money (ATM) volatility term structure has inverted again after a lack of clarity around Trump’s proposed strategic digital asset reserve caused short-dated volatility to fall briefly before last weekend.

Please check out the report’s highlights.

Choppy spot price movements have had an impact on funding rates, with BTC and altcoin rates reacting primarily to spot fluctuations, rather than long-term market views. ETH has sold off more sharply during declines, and hasn’t participated as strongly in relief rallies, resulting in the worst YTD performance among the five tokens in Trump’s proposed digital asset stockpile. This is reflected in funding rates, with ETH perpetual swaps showing strong demand for leveraged short exposure to further downside risk.

Investors continue to protect against further decline

Despite higher realized volatility increasing both short- and long-tenor implied volatility, options trade volumes remain low. Last Friday’s expiration of significant open interest was mostly for downside protection against a deepening sell-off. However, the options market has reverted to an inverted term structure, which had dissipated during last Friday’s White House crypto summit, with strong relative demand for short-dated put contracts.

Open interest in Solana (SOL) options declined at the end of February, with over $5M in calls and more than $3M in puts expiring and most positions not rolled over. Despite SOL trading 44% below its January ATH, most new positions are in calls. However, this new positioning is disappointingly weak, given SOL's inclusion in Trump’s crypto reserve announcement alongside BTC, ETH, XRP and ADA.

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Bybit X Block Scholes crypto derivatives analytics report (Mar 14, 2025): Investors hedge further declines

Bybit Learn

All About P2P Platforms

Like any growing industry with lucrative returns, the crypto world has its fair share of crypto criminals and scammers. Here's how you protect yourself against P2P crypto scams and fraud.

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 (P2P) platforms is growing increasingly popular — thanks to the absence of intermediary parties and the general flexibility of this trading mode. Additionally, established P2P crypto trading environments, such as 

 platform, provide robust escrow systems and dispute resolution mechanisms. However, P2P crypto trading, just as any other kind of P2P financial activity, comes with a wide variety of scams and fraudulent schemes that every trader needs to be aware of before buying or selling cryptocurrency. 

In this article, we’ll take a look at common P2P crypto scams and learn how to avoid them.

P2P scams in crypto trading include diverse fraudulent techniques and schemes that nefarious individuals or groups employ to part honest traders with their hard-earned funds. These schemes exploit the unique nature of P2P crypto trading on online marketplaces and platforms.

Typically, a crypto P2P scam involves various elements, such as producing fake payment documentation, impersonating someone trustworthy or running an elaborate scheme that confuses the unsuspecting victim and forces them to release funds to scammers. Urging the victim to take transactions off a legitimate platform, and even the use of psychological pressure tactics, are frequently involved.

While any type of P2P financial activity may involve scams, certain unique characteristics of crypto P2P trading make this area particularly attractive to scammers and fraudsters of all kinds. First, crypto trading platforms feature a lower degree of regulation than many other markets, particularly the 

. Secondly, it's common for scammers to urge their victims to take all communication and payment activity off-platform. Left one-on-one with scammers, victims have little recourse when they lose their funds.

Moreover, the barriers to entry within crypto trading are relatively low, attracting a large number of financially naive or inexperienced individuals, many of whom fall victim to the various scams running in this sphere.

Below, we’ll cover some of the most common scams involved in P2P cryptocurrency trading, and discuss the best ways to avoid them.

Fake Receipt Scams/Escrow Transaction Scams

In fake receipt scams, the scammer sends forged payment documentation to trick you into releasing your crypto without actually sending any funds. In escrow transaction scams, the scammer urges you to use a fraudulent escrow service. You’re tricked into releasing payment into the escrow fund, assuming its legitimate nature.

How to avoid fake receipt scams/escrow transaction scams

: In order to avoid fake receipt scams, always verify that you’ve received the actual payment directly in your bank account or 

 before releasing funds from your side of the transaction. Additionally, 

As for fake escrow scams, only use trusted escrow services from reputable P2P platforms — and 

In chargeback scams, the fraudulent counterparty makes a payment and then files a chargeback after receiving funds from you, claiming fraud or an unauthorized transaction. As a result, the bank reverses the payment, and you find yourself out of both your money and crypto.

Scammers also like to exploit the vulnerability of check transactions by urging you to accept this form of payment. The check used to pay you bounces, leaving you unable to cash the now worthless piece of paper.

: Always ensure that you’ve received the payment in your account and the funds are available to you — i.e., there are no provisional lockups or pending confirmations — before releasing the payment on your side.

Also, avoid accepting check payments. Check transactions are particularly vulnerable to scams — and in 2025, there’s no pressing need to use this rather antiquated form of payment.

In this type of scam, the fraudster tricks you into canceling the order after you've already sent the funds. They typically tell you that there's a technical problem with payments or a price mistake, advising you to cancel and reorder. If you cancel, the platform views the trade as void. Meanwhile, the scammer disappears with your funds — and removes any ads they've placed on the platform.

: The key to preventing cancel order scams is simple: 

 cancel after you've paid, no matter what excuse the counterparty comes up with. If there's a genuine issue on their part, advise them to use the support system provided by the particular P2P trading platform.

In an overpayment scam, the scammer sends a higher amount than what was agreed upon during the deal. They then ask you to refund the excess amount, claiming it was a mistake on their part. Once you send the refund for the difference, the original payment is reversed as incorrect or fraudulent.

: To avoid overpayment scams, be cautious when you receive an offer with a mismatch between your asking price and what you’re being promised. If you're unsure about the situation, simply refuse the transaction, or ask the buyer to redo the transaction with the correct amount.

Phishing scams involve nefarious parties pretending to be legitimate platforms or individuals in order to trick you into giving away your 

 or login details. Often, they’ll send you fake emails and messages, or even create fake web pages that resemble real ones. Your login credentials might be compromised if you visit such a page via your browser and respond to the requests to share your details.

 click on links from unknown sources. Verify URLs to ensure you're on the actual site, and 

never share your private keys or personal information with anyone

, even if they sound trustworthy. Additionally, ensure that you protect your account with strong passwords and security features, such as 

 (2FA). Also, note that reputable websites virtually never offer a non-encrypted connection (the one that begins with 

: Legitimate P2P trading platforms such as Bybit P2P will 

Impersonator scams involve scammers pretending to be representatives of legitimate P2P platforms. They might also pose as well-known, trusted traders. These parties misrepresent their identities, and typically urge you to take the transaction outside the platform under various pretexts. If you fall for these scams and move your transactions outside the legitimate platform's environment, you lose all protections, and the scammers can easily steal your funds.

: Always stay within the platform for transactions. If anyone claiming to be from the platform asks you to move the trade off-site, 

SMS scams involve fraudulent parties sending fake messages to your mobile phone that look like they're from your bank or a payment processor. The message typically states that you've received a payment, specifying the amount you expect to receive from your transaction. The goal might be to steal your sensitive login details (if you click on the message), or to get you to send crypto or money to the fraudulent trader you’re dealing with.

: Don't click on links in unsolicited SMS messages. 

 by logging into your bank or trading account 

directly through the official website or app

, while allowed on many P2P crypto trading platforms, are an area of particular risk, due to the difficulties in proving or tracking any payments made. Scams during these transactions may involve a scammer buying or selling crypto with cash during a face-to-face meeting. In the buying scenario, the scammer might pay with fake bills. In the selling scenario, they may falsely claim that you’ve paid with counterfeit cash after receiving their crypto funds.

How to avoid in-person cash transaction scams

: In general, try to limit cash-based trading as much as feasible 

cash transactions are notoriously hard to verify in cases of disputes. If you absolutely need to buy or sell crypto for cash, carefully examine the counterparty’s reputation and history on the trading platform.

Triangle scams involve two scammers working together to deceive a seller. Here’s how it works: Scammer A and Scammer B both place orders with the same seller. Let's say Scammer A's order is for 1,000 

, and Scammer B's order is for 1,500 USDT. Scammer B sends a payment for 1,000 USDT, and Scammer A then marks their order as "paid." The seller releases crypto to Scammer A, seeing that their order has been marked as paid and that the seller's account was credited with 1,000 USDT.

Scammer B then sends a second payment — 500 USDT, the remaining amount on their buy order — and pressures the seller to release their funds, producing payment proofs for both transfers.

: Always verify that the payer’s name matches the identity verification info on the platform. Be careful with payment proofs produced, as scammers might also try to reuse the same ones for multiple orders. Always double-check before releasing crypto in order to ensure you're dealing with the right person — and not falling for a scam.

In this type of scam, the fraudulent party offers you a better rate through an external communication source like 

 or WhatsApp. They ask you to create an order on a legitimate platform after they've supposedly paid you with the better rate externally. However, the payment never arrives, and is only supported by fake proofs.

: Don’t communicate with potential parties on external channels, and don’t pay them outside of the P2P platform you use. Always use the communication channels offered by an established trading platform. Additionally, never release payments before having received your funds — advice that applies not only to MITM scams, but also to many of the other exploits we've discussed above.

Below are some common key red flags that may help you spot a P2P crypto scam:

To avoid falling victim to P2P crypto scams, you can take a few common sense steps and stick with your approach — regardless of what the counterparty suggests. 

You’re also advised never to trust screenshots of proof of payment. Always check that you've received 

Finally, never send payments to third parties — 

always pay to the counterparty’s account

 registered on the platform. Finally, and most importantly, 

If you've fallen victim to a P2P crypto scam, immediately report the issue to the platform, freeze your account activity to avoid unauthorized payments out of it, contact your bank or payment processor to inform them of the issue, collect documentary evidence — and, if the problem warrants it, report it to your local authorities.

Trading crypto via P2P channels can be a highly profitable and rewarding activity. While some of the above scams sound frightening, doing your 

 and sticking with the common-sense approaches and strategies we’ve outlined above should minimize your risk of falling victim to the sinister pursuits of crypto scammers.

How to Avoid P2P Crypto Scams and Fraud

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards