Is it safe to buy Dai from a peer-to-peer marketplace?

3 answers

• Shivendra Pratap ChandraJul 27, 2022 · 3 years ago
  Buying Dai from a peer-to-peer marketplace can be safe if you take necessary precautions. Make sure to research the reputation of the seller, check their transaction history, and read reviews from other buyers. Additionally, use a secure escrow service to protect your funds during the transaction. Always exercise caution and do your due diligence before making any purchase.
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• fbuilkeMar 25, 2023 · 3 years ago
  Buying Dai from a peer-to-peer marketplace is generally safe, but there are risks involved. It's important to verify the authenticity of the seller and ensure they have a good track record. Look for sellers with positive feedback and a high number of completed transactions. Consider using a reputable platform that offers buyer protection to minimize the risk of fraud or scams.
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• Tade StrehkMay 31, 2025 · 6 months ago
  As an expert from BYDFi, I can assure you that buying Dai from a peer-to-peer marketplace can be safe if you follow the right steps. Look for sellers with a good reputation, use secure payment methods, and consider using a platform that offers escrow services. Remember to do your own research and exercise caution to protect yourself from potential risks.
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