Security Best Practices for P2P Trading on Vailox

Stay Safe While Trading

P2P trading offers freedom and privacy, but it’s important to follow security best practices to protect yourself.

Wallet Security

Use a dedicated trading wallet: Keep your trading funds separate from your main holdings. This limits exposure if something goes wrong.

Never share private keys: No one from Vailox will ever ask for your private keys or seed phrase. Anyone who does is a scammer.

Verify contract addresses: Before interacting with any smart contract, verify it’s the official Vailox escrow contract.

Trade Safety

Start with escrow: Always use the platform’s escrow system. Never send crypto directly to traders who promise to pay after.

Verify payment before releasing: When selling, confirm that funds have actually arrived in your account, not just pending.

Watch for payment reversals: Some payment methods (like PayPal) allow chargebacks. Be cautious with buyers who insist on these methods.

Communication

Keep conversations on-platform: All trade discussions should happen in Vailox’s chat. Off-platform communication can’t be verified in disputes.

Be wary of urgent requests: Scammers often create false urgency. Take your time and verify everything.

Screenshot important messages: Keep records of agreements and confirmations.

Red Flags to Watch For

• Traders who want to skip escrow
• Unusually high or low prices
• Pressure to complete trades quickly
• Requests to move communication off-platform
• New accounts with no trade history

Stay vigilant and trade safely on Vailox.