Buying USDT (Tether) through Peer-to-Peer (P2P) platforms remains the most popular method for Pakistanis to enter the digital asset market. However, with its popularity comes the risk of scams if proper precautions are not taken. This guide outlines the essential steps to ensure your funds and assets remain secure.
The first rule of a secure P2P trade is platform selection. Stick to reputable global exchanges that offer robust escrow services. When you start a trade, the platform holds the seller's USDT in escrow, ensuring they cannot disappear after receiving your PKR payment. Always look for the 'Verified' tick next to a merchant's name, as these individuals have undergone stricter KYC processes.
Communication is another critical factor. Scam artists often try to move the conversation to external apps like WhatsApp or Telegram. Never do this. All communication must happen within the exchange's built-in chat so that it can be used as evidence in case of a dispute. Finally, once you make the bank transfer, keep a screenshot of the receipt but only release the 'Payment Sent' notification when the money has actually left your account.