Hello Hive

Ever since the crypto ban in this area and mass adoption of p2p as the only means of withdrawal from crypto to fiat, the banks have set some certain keywords they lookout for in various transactions in order to determine which is a crypto
transactions or not.

Since this method of withdrawal is the only bridge between the decentralized world and its counter part, one can hold as much crypto worth a fortune but inability to withdraw this to fiat properly would means that you won't be able to spend your crypto earnings or probably have to move to crypto friendly environment where this is accepted as a means of payment.

This simple warning taking lightly or ignore can have your bank account frozen

When making or receiving payment with p2p the key warning is not to add any crypto related term in the transactions

For instance after making a buy order for p2p in this format

Step one

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Step 2

Pick a favorable amount you want to pay for your order

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Step 3

This is when you make a transfer from your bank account to the crypto owerners account as displayed on binance.

It is better to perform such transactions with a mobile app to avoid network glitch, that will make your transfer unsuccessful.

Adding any crypto related terms during your transfer from bank account notifies the bank of a crypto transactions and both the sender and receivers account can be blocked from further transactions

This is an important warning if not for yourself, it can be for a trader in p2p who is not ready to loss their investments over this kind of mistake.

I hope you find this helpful
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