The blacklist function in BYDFi's P2P platform helps you manage your trading experience by blocking buyers or sellers you no longer wish to interact with. Once blacklisted, these users can’t trade with you or contact you again. How to blacklist buyer/seller on P2P?You can add someone to your blacklist in two ways:Option 1: From the Merchant’s Page1. Go to the P2P trading page2. Tap the buyer or seller’s avatar/icon to access their merchant profile<img src="https://uploads.bydfi.in/events/cms/BYD.1744687130872.image.png" alt="BYD.1744687130872.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744687130872.image.png" style="width: 50%;"/>3. Click the Blacklist option<img src="https://uploads.bydfi.in/events/cms/BYD.1744683778986.image.png" alt="BYD.1744683778986.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744683778986.image.png" style="width: 50%;"/> Option 2: From Order History1. Tap Order History on the P2P trading page.2. Select a previous order to enter the chat/dialog window.<img src="https://uploads.bydfi.in/events/cms/BYD.1744683936736.image.png" alt="BYD.1744683936736.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744683936736.image.png" style="width: 50%;"/>3. Click the Blacklist option to block the user directly from the conversation<img src="https://uploads.bydfi.in/events/cms/BYD.1744684038528.image.png" alt="BYD.1744684038528.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744684038528.image.png" style="width: 50%;"/> How to View and Manage Your Blacklist1. Go to the P2P trading page and tap Profile2. Select Follow/Blacklist<img src="https://uploads.bydfi.in/events/cms/BYD.1744684137862.image.png" alt="BYD.1744684137862.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744684137862.image.png" style="width: 50%;"/>3. You’ll see a list of users you’ve followed or blacklisted. From here, you can remove users from the blacklist if you wish to resume trading with them.<img src="https://uploads.bydfi.in/events/cms/BYD.1744684279808.image.png" alt="BYD.1744684279808.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744684279808.image.png" style="width: 50%;"/> Note:<ul><li>Once blacklisted, users can no longer send you messages or call you.</li><li>Their ads will be hidden from your view.</li><li>To trade with them again, you must manually remove them from your blacklist.</li></ul>

Blacklisting function in P2P

Becoming a certified merchant on BYDFi P2P allows you to post your own ads, gain more exposure, and build trust with buyers and sellers. Follow the steps below to apply: Complete Basic RequirementsBefore applying, make sure you’ve completed the following:<ul><li>KYC Verification</li><li>Bind Your Mobile Number and Email Address</li></ul> Start the ApplicationFrom the homepage, tap on Buy Crypto<img src="https://uploads.bydfi.in/events/cms/BYD.1744617302407.image.png" alt="BYD.1744617302407.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744617302407.image.png" style="width: 50%;"/>Then, click on Profile in the lower-right corner<img src="https://uploads.bydfi.in/events/cms/BYD.1744617397556.image.png" alt="BYD.1744617397556.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744617397556.image.png" style="width: 50%;"/>Select Apply to Become a Certified Merchant<img src="https://uploads.bydfi.in/events/cms/BYD.1744621386337.image.png" alt="BYD.1744621386337.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744621386337.image.png" style="width: 50%;"/>Tap Apply Now<img src="https://uploads.bydfi.in/events/cms/BYD.1744617517944.image.png" alt="BYD.1744617517944.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744617517944.image.png" style="width: 50%;"/>Enter your accurate Telegram username and a contact number where buyers can reach you<img src="https://uploads.bydfi.in/events/cms/BYD.1744617938313.image.png" alt="BYD.1744617938313.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744617938313.image.png" style="width: 50%;"/>Confirm and pay the required deposit to complete your application<img src="https://uploads.bydfi.in/events/cms/BYD.1744618005059.image.png" alt="BYD.1744618005059.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744618005059.image.png" style="width: 50%;"/><h3></h3>After submission, please wait for an email notification with the review result.If approved, a new “Advertise” option will appear at the bottom of your screen. Tap it, then click “Create Ad” in the upper right.<img src="https://uploads.bydfi.in/events/cms/BYD.1744618804549.image.png" alt="BYD.1744618804549.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744618804549.image.png" style="width: 50%;"/> Enter your ad amount, trading limits, and payment methods.Once everything is set, you can publish your ad and start trading as a certified merchant<img src="https://uploads.bydfi.in/events/cms/BYD.1744618862188.image.png" alt="BYD.1744618862188.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744618862188.image.png" style="width: 50%;"/><h3></h3>Tips for a Successful Application<ul><li>Make sure your contact details are active and up-to-date.</li><li>Double-check your KYC status before applying.</li><li>Use a valid Telegram account for faster communication.</li></ul>

How to Become a Certified Merchant?

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 <li>Make sure that the account you are using is legally registered in your own name.</li>
 <li>When our <a href="https://www.bydfi.com/en/support/FAQs/articles/ci3viewifdgw" target="_blank">AML Risk Control Alert</a> is triggered, you will be required to follow the AML verification process and may be asked to provide BYDFi with relevant documentation.</li>
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 <h3>Buyer's Note</h3>
 Please complete the payment within the time limit set by the seller and click "Payment Complete". If you exceed the time limit, the order will be canceled automatically.
 
 If the seller does not provide a valid payment method and you are unable to complete the payment, you can cancel the order. However, this may affect your fulfillment rate. Please note that only the buyer can cancel an order.
 
 Do not click "Payment Completed" if you have not completed your payment. This may be considered fraudulent and may result in the suspension of your account.
 
 Payment must be made using a valid bank or wallet account, registered in your full name and matching your BYDFi account.
 
 We recommend that you choose a payment method that allows you to transfer funds instantly or quickly. The use of payment methods such as international wire transfers may delay the completion of the transaction.
 
 Please do not include a message in your payment transfer if the seller has not specifically requested it. If you must include a message in your payment transfer, please avoid using the words "cryptocurrency, BTC, USDT, order number" in the message as they may cause delays in the payment process.
 
 BYDFi will hold the seller's cryptocurrency until the transaction is completed. If the Seller does not release the Cryptocurrency within a reasonable period of time after you have made the payment and clicked "Payment Completed", you may dispute this. If you can prove that you did not receive your cryptocurrency, we will help you resolve any dispute.
 
 If you choose "Pay by Cash" as your payment method, Customer Service will not be able to verify the payment.
 
 <h3>Seller's Note</h3>
 Before creating an advertisement to sell cryptocurrency, please ensure that all your details are correct. If you discover that your details are incorrect after a buyer has paid using the information you provided, you must still fulfill the order.
 If the buyer's payment account does not match the information recorded on the platform, we recommend that you try to reach an agreement with the buyer via in-app chat. If this is not possible, please dispute the discrepancy with customer service so that they can intervene.
 
 Do not ask customer service to cancel your order. If you want to cancel an order, try to reach an agreement with the buyer before contacting customer service. If you have already paid, arrange for a refund before canceling the order.
 
 If you can't reach the buyer or you can't reach an agreement, raise a dispute and let customer service resolve it. To strengthen your case, please have any documents and materials related to the transfer ready so that you can submit them to Customer Service.
 
 As a seller, you are responsible for responding to transactions in a timely manner. If you are not online, remember to hide all of your ad buttons from the P2P marketplace by toggling the "My Status" button offline and this will not affect your ad ranking.
 
 Disclaimer: Your use of P2P on BYDFi, including the P2P service itself and all information and other content (including third-party content) accessible through it, is at your own risk. Our sole responsibility is to process cryptocurrency transactions. All payments are final upon completion, unless otherwise specified by law. BYDFi has no right or obligation to resolve any disputes arising from completed payment transactions. BYDFi or merchants are not responsible for any losses incurred in completed payment transactions.
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P2P Buyer and Seller Transaction Notes

​If you've completed a payment on BYDFi's P2P platform but the merchant hasn't released the cryptocurrency, follow these steps to resolve the issue:​ 1. Contact the MerchantUse the in-app chat feature to reach out to the merchant directly. They might have overlooked the payment or require additional confirmation. Clear and prompt communication can often resolve such delays. <img src="https://uploads.bydfi.in/events/cms/BYD.1744625230048.image.png" alt="BYD.1744625230048.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744625230048.image.png" style="width: 50%;"/><img src="https://uploads.bydfi.in/events/cms/BYD.1744625293493.image.png" alt="BYD.1744625293493.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744625293493.image.png" style="width: 50%;"/><h3></h3>2. File an AppealIf the merchant remains unresponsive or refuses to release the crypto after you've marked the payment as completed, initiate an appeal:​BYDFi+5BYDFi+5BYDFi+5Click on the "Appeal" button within the order interface.​<img src="https://uploads.bydfi.in/events/cms/BYD.1744625354651.image.png" alt="BYD.1744625354651.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744625354651.image.png" style="width: 50%;"/>Provide relevant evidence, such as payment receipts and chat logs.<img src="https://uploads.bydfi.in/events/cms/BYD.1744625386086.image.png" alt="BYD.1744625386086.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1744625386086.image.png" style="width: 50%;"/>BYDFi's customer support will review the case and notify you of the outcome via email. BYDFi facilitates the P2P trading platform and holds the seller's cryptocurrency in escrow until the transaction is confirmed. However, all payments are conducted off-platform, and BYDFi doesn't have the authority to reverse or enforce payment actions. Therefore, it's crucial to ensure all payment details are accurate and to keep thorough records of all transactions. To minimize the risk of such situations:<ul><li>Always verify that the payment has been received in your bank or wallet before marking the transaction as completed.​</li><li>Avoid including sensitive terms like "crypto," "BTC," or "USDT" in payment references, as they might trigger banking issues</li><li>Be cautious of merchants with a history of delayed releases.​</li><li>Utilize the blacklist feature to avoid future transactions with problematic users.</li></ul> Disclaimer: Your use of P2P on BYDFi, including the P2P service itself and all information and other content (including third-party content) accessible through it, is at your own risk. Our sole responsibility is to process cryptocurrency transactions. All payments are final upon completion, unless otherwise specified by law. BYDFi has no right or obligation to resolve any disputes arising from completed payment transactions. BYDFi or merchants are not responsible for any losses incurred in completed payment transactions.

What to Do If Coins Aren’t Released After Payment

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 To avoid P2P crypto scams on BYDFi, follow these brief guidelines:
 <ul>
 <li style="text-align: start;">Verify Transactions: Ensure you've received crypto in your BYDFi account and fiat in your bank before proceeding.</li>
 <li style="text-align: start;">Check Identities: Trade directly and verify that payment details match the user’s BYDFi identity.</li>
 <li style="text-align: start;">Use Customer Service: Contact BYDFi support for any disputes or suspicious activities.</li>
 <li style="text-align: start;">Stay on BYDFi for Communication: Communicate only through the BYDFi platform for security.</li>
 <li style="text-align: start;">Ignore Pressure Tactics: Don’t rush decisions, and collect evidence for any disputes.</li>
 <li style="text-align: start;">Trade Within BYDFi: Stick to BYDFi’s P2P platform, utilizing its escrow system for safety.</li>
 </ul>
 
 <h2 style="text-align: start;">What are the common types of P2P crypto scams?</h2>
 <h3 style="text-align: start;">1. Fake receipts</h3>
 Fake receipt scams are a common tactic in the crypto world. Here's how they typically unfold:
 <ul>
 <li style="text-align: start;">Scammers' Tactics: The scammer presents a fabricated bank receipt, claiming they have sent money to you. They might assert that the transaction was conducted through an escrow service and that the funds will only appear in your account after you release your cryptocurrency.</li>
 <li style="text-align: start;">Pressure Techniques: Often, scammers use forceful language to rush you into releasing your crypto assets. They are adept at forging documents, including receipts, photos, or screenshots, to make their claims seem legitimate.</li>
 </ul>
 How to prevent Fake Receipt Scams:
 1. Verify Receipts with Your Account: Always check your payment account or wallet to confirm the receipt of the specified amount before releasing any cryptocurrency. Don't rely solely on the receipt or proof provided by the buyer.
 2. Resist Pressure: Don't succumb to the urgency created by the scammer. Make it a rule to ensure that the payment is fully processed and visible in your bank account or digital wallet before you release any crypto assets. Remember, genuine transactions and honest traders will respect the verification process.
 
 <h3 style="text-align: start;">2. Impersonators</h3>
 Impersonation scams are a significant threat in the cryptocurrency space. Here's what typically happens:
 <ul>
 <li style="text-align: start;">Scammers' Approach: They might claim to be representatives of BYDFi and demand the immediate release of your crypto holdings, threatening that they will otherwise be frozen. These scammers often use your contact information, like email or phone number, obtained during payment submission. They can also pose as celebrities or government officials to deceive victims into relinquishing their crypto assets.</li>
 </ul>
 How to Prevent Impersonation Scams:
 <ol>
 <li style="text-align: start;">Beware of Fake Representatives: Never transfer your crypto assets to anyone claiming to be a BYDFi team member. BYDFi officials will never threaten to freeze your assets or pressure you to release your crypto holdings.</li>
 <li style="text-align: start;">Use Anti-Phishing Codes: Set up an anti-phishing code for all emails you receive from BYDFi. This code helps you verify the authenticity of the emails, making it easier to distinguish genuine BYDFi communication from fraudulent attempts.</li>
 </ol>
 
 <h3 style="text-align: start;">3. Social engineering</h3>
 Social engineering scams in the P2P crypto space manipulate victims into making unfavorable transaction decisions. Here's how these scams typically operate:
 <ul>
 <li style="text-align: start;">Scammers' Strategies: They may falsely claim there's an issue with your identity verification or account, urging you to cancel a transaction after they've transferred funds. Alternatively, scammers might try to legally reverse their bank transfers by alleging that their accounts were compromised. They could also intimidate victims by wrongly stating that cryptocurrency dealings are illegal or outside local law enforcement's jurisdiction.</li>
 </ul>
 How to prevent Social Engineering Scams:
 <ol>
 <li style="text-align: start;">Be Cautious with Transaction Cancellations: If you've already sent a bank transfer, avoid canceling the P2P transaction. Do not release a sell order unless you see the funds in your bank account or wallet that are linked to the P2P order.</li>
 <li style="text-align: start;">Stand Firm Against Intimidation: Don't succumb to scare tactics or manipulation. Collect screenshots and document all interactions with the potential scammer. This evidence is crucial for platforms like BYDFi &nbsp;P2P to effectively resolve disputes. Remember, staying informed and vigilant is key to safeguarding your assets in P2P crypto trading.</li>
 </ol>
 
 <h3 style="text-align: start;">4. Chargeback scams</h3>
 Chargeback scams are a prevalent issue in P2P crypto trading, exploiting the chargeback features of certain payment platforms. Here's how they unfold:
 <ul>
 <li style="text-align: start;">Scammers' Method: After the P2P order is completed, the scammer uses the chargeback function to reverse or cancel the payment they made. The scam is successful once the victim approves the transaction, leading to the loss of funds from their bank account or crypto wallet.</li>
 </ul>
 How to prevent Chargeback Scams:
 <ol>
 <li style="text-align: start;">Choose Payment Platforms Wisely: Opt for payment methods that don't offer a chargeback feature. Platforms like PayPal, which support chargebacks, can be risky for P2P transactions.</li>
 <li style="text-align: start;">Verify Payment Before Approval: Don't hastily approve P2P transactions. Always confirm that the funds have been received in your bank account or crypto wallet before acknowledging the receipt of payment in the P2P order and authorizing the transfer of cryptocurrency.</li>
 <li style="text-align: start;">Trade with Verified Merchants: Engage in transactions primarily with verified merchants on platforms like BYDFi. These merchants are subjected to a more rigorous identity verification process, facilitating more effective resolution of disputes and enhancing the overall security of the transaction.</li>
 </ol>
 
 <h3 style="text-align: start;">5. In-person cash transactions</h3>
 In-person cash transactions for buying and selling cryptocurrency present unique risks, including the possibility of receiving counterfeit money or being deceived by scammers who don't release the crypto after payment. Here are effective measures to prevent these scams:
 <ul>
 <li style="text-align: start;">Choose Public and Secure Locations: Conduct your cryptocurrency trades in public, secure places. Avoid private or secluded areas like someone's home. Verify the merchant's shop address or the agreed meeting place beforehand.</li>
 <li style="text-align: start;">Verify Cash Authenticity: Before completing the transaction and releasing any cryptocurrency, thoroughly check the cash to ensure it's genuine and the amount is correct. Familiarize yourself with the features of legitimate currency notes to aid in this verification.</li>
 <li style="text-align: start;">Don't Trade Alone: Bring a trusted companion to any in-person meetings for these transactions. Having someone with you adds a layer of security and can deter potential fraudulent activities.</li>
 </ul>
 How to prevent in-person cash transaction scams:
 <ol>
 <li style="text-align: start;">Always select a public and safe place to trade your cryptocurrency in person. Avoid meetups in private spaces like an individual's home and validate the shop address of the merchant before the meeting.</li>
 <li style="text-align: start;">Do validate that the cash received is legitimate and the amount accurate before releasing any crypto assets.</li>
 <li style="text-align: start;">During meetups, always bring someone you trust and never go alone when conducting offline transactions.</li>
 </ol>
 
 Disclaimer: Your use of P2P on BYDFi, including the P2P service itself and all information and other content (including third-party content) accessible through it, is at your own risk. Our sole responsibility is to process cryptocurrency transactions. All payments are final upon completion, unless otherwise specified by law. BYDFi has no right or obligation to resolve any disputes arising from completed payment transactions. BYDFi or merchants are not responsible for any losses incurred in completed payment transactions. 
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What steps can I take to safeguard my assets from P2P scams?

<img src="https://uploads.bydfi.in/events/cms/BYD.1747354273749.image.png" alt="BYD.1747354273749.image.png" data-href="https://uploads.bydfi.in/events/cms/BYD.1747354273749.image.png" style=""/>By using this service, you acknowledge that it is provided by Legend Trading, The Leading US Regulated Crypto Trading Firm.BYDFi is not responsible for any content, advertisements, products, services, or materials offered by third-party providers. Additionally, the link does not constitute an endorsement or solicitation of any products or services available through third-party websites.We are not liable for any loss or damage incurred through the use or reliance on any content or services provided by third-party sites.If you encounter any issues while using this service, please reach out to the <a href="https://support.legendtrading.com/hc/en-us/requests/new" target="_blank" style="text-align: start;">Legend Trading support team</a> or BYDFi Customer Support for prompt assistance.

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