Buy Shiba Inu SHIB with PayPal via a crypto P2P exchange and no KYC

Buy Shiba Inu SHIB with PayPal via a crypto P2P exchange and no KYC

 

There are certain risks involved to buy cryptovia a P2P exchange. Buying Shiba Inu SHIB is not an exception.

What are the risks?

P2P exchanges can involve a certain risk there are in-person trades involved and a certain degree of anonymity.

There is a verification procedure on the P2P exchanges to a certain extend but you never know the person sitting on the other side of the screen, selling you Bitcoins or buying your Bitcoins.

Of course, P2P exchanges have a process to minimize frauds and bad behavior since this is their businesses. However, a P2P exchange can never ‘guarantee’ that all their users are trustworthy, especially in the deals that happen outside the website.

That is why users need to be careful while making in-person cash payments. Check online forums and reviews.



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