Scam or not: P2PB2B exchange

There are many rumors, fake news, comments and stories that can confuse beginners and even experienced traders. Today we are going to find out whether P2PB2B is a scam and what mistakes can impair your enjoyment of using any exchange. For those who is interested in investing in crypto, this text will be especially useful, because it is always better to learn from other people’s mistakes than make your own.

Prior you decide to buy crypto, find out more not only about coins, but various websites too. In this text, we cover only one exchange called P2PB2B as a popular platform. But before we focus on the wrong steps that users can take, let’s look closer at this website itself.

Brief P2PB2B.io review

This exchange has been working since 2018. Currently, this is one of a few coin trading platforms officially registered and licensed in the EU.

Almost every P2PB2B review contains information about its intuitive interface and wide range of trading tools. The website works very fast and is remarkable for a high transaction speed. According to information on the P2PB2B homepage, the platform easily proceeds up to 10,000 transactions per second.

The trading page is typical for most exchanges. You can find here a chart, an order book and a menu for selecting trading instruments. Besides, the chart allows adding extra graphical analytics tools to the chart.

A user can also see the list of recent transactions. It should be noted that there are many comments saying that the interface is especially friendly to beginners in crypto trading. Thus, this platform is good both for experienced traders and those who are only starting.

What Bitcointalk users say about P2PB2B

There are some threads involving P2PB2B on Bitcointalk, one of the oldest crypto forums. Most comments are positive or neutral, but some of them contain aggression and no proof. It is interesting that many of them were left by people who had a zero Merit rate on the forum. This may indicate a made-to-order review, but there are other explanations too.

People often mark a project as a scam for a couple of reasons. First, the initial goal of a negative comment was to confuse other people and manipulate their feelings. Second, a platform user did something wrong that significantly affected the impression. Moreover, some depositing and withdrawing mistakes can lead to losing money, that is why you should always check the data that you fill in the fields.

Is P2PB2B a scam or not?

After a brief P2PB2B exchange review it is the best time to talk about whether P2PB2B is a scam and why some people tend to speak ill of some particular exchanges.

We should remind you once again that crypto trading is a risky market. If you are interested in earning money through buying and selling coins on P2PB2B or any other platform, you should strictly follow all the rules set by the company. Unfortunately, making some mistakes inadvertently may lead to losing money. Some steps can be canceled and there is a chance that the lost money can be brought back, but it is a bad strategy to rely only on the support team.

It is always better to avoid mistakes than try to have them fixed. That is why we would like to present some common mistakes and what you should do not to go down the same road.

7 mistakes affecting experience on P2PB2B

Let’s review trading P2PB2B mistakes that you should never do:

1.  Indicating incorrect wallet. Please, always make sure that no extra characters or spaces are present in the address. Otherwise, the money won’t reach the destination.
2.  Ignoring the MEMO address field. There are some cryptocurrencies that require MEMO (LBY, XLM, BNB, etc.) This information is presented on the website, so pay attention to MEMO. If you fail to indicate MEMO in addition to the wallet for some particular coins, money cannot be withdrawn.
3.  “Unsuccessful” means that you have sent money to a smart contract. To fix this problem, you should contact the support of the exchange.
4.  Depositing a token to your main coin address. If you transfer an ERC-coin to TRC, no money can reach the wallet. Moreover, your money will vanish in the network. To avoid this, check data before making a transaction.
5.  Ignoring service letters. Never unsubscribe from email notifications or tag service letters spam. For example, you may be sent a delisting letter. After this, you have only 2 weeks to withdraw.
6.  Depositing $1-9. According to the P2PB2B rules, the minimum amount is $10. You can read this information here: https://p2pb2b.io/fee-schedule/.
7.  Registering more than 1 account on the exchange. If the system detects many accounts owned by the same user, all of them will be blocked.

In conclusion, we should say that P2PB2B is not a scam, but some users make mistakes that can lead to losing money. This may explain some negative reactions and comments.