1. Check Incoming Funds
Open the banking app or payment service and verify the incoming transfer.
What to verify:
Funds must be fully credited to the account, not marked as Processing or Pending
Do not rely solely on notifications, receipts, or screenshots
Always verify the actual incoming payment using the payment details listed in the order
If the funds have not been credited to the account, do not confirm payment or release the cryptocurrency.
2. Verify Payment Details
Compare the order details with the actual transfer:
The payment amount matches exactly
The currency matches
The sender’s name matches information required in the order, if applicable
If any details do not match, do not confirm payment or release the cryptocurrency.
3. Check the Order Status
In EMCD P2P, the buyer must click Paid after sending the transfer.
This means:
The buyer has indicated that the payment was sent
The order timer has stopped
The trade has entered the payment verification stage
Important: the Paid status does not confirm that funds were actually received. Payment verification always remains the seller’s responsibility.
4. Watch Out for Suspicious Situations
Do not confirm payment if:
The buyer provides only screenshots instead of proof of a completed transfer
The buyer asks for early release of the cryptocurrency
he payment is received from a third party without prior agreement
The payment amount does not match the order
The payment is still processing, has been canceled, or was refunded
These are common signs of suspicious or potentially fraudulent activity.
5. Make Sure the Payment Is Irreversible
Some payment methods allow transfers to be reversed, disputed, or canceled.
Before confirming the order, verify the following:
The payment has a final confirmed status
There are no statuses such as Processing, Pending confirmation, or Reversible transfer
There is no option to cancel or reverse the transfer in the banking or payment app
If there is any uncertainty, do not release the cryptocurrency until the payment is fully confirmed.
6. Confirm the Order Only After Full Verification
Cryptocurrency should be released only when:
The funds have been credited to the account
The payment amount and details match the order
The payment has been fully confirmed by the bank or payment provider
How EMCD P2P Works
In EMCD P2P, cryptocurrency is held in escrow until the order is completed.
This means:
The buyer cannot receive the cryptocurrency without seller confirmation
The seller controls when the cryptocurrency is released
The platform secures the trade via escrow but does not verify fiat payments
Responsibility for verifying payment always remains with the seller.