Deal via Admin (DVA) has been active since the days of Localbitcoins, even before any exchange offered P2P. It was introduced to facilitate retail buyers who buy or sell for their personal use. It is pertinent to mention that DVA was operational when lbc banned pakistan from using their service leaving everyone with no platform to buy/sell crypto.
Due to latest Bank Chain Dispute Scam and FIA Notices users are reluctant to use p2p thus relying more on DVA in Crypto Awaz Discord.
A question which gets asked often “How DVA is safer than p2p on exchanges” and “What about account ban here” … Let’s try to answer this query.
CA discord has a small community where majority of deals are being done by people who are active and old in the server and they are buying / selling for their personal use, while we facilitate for around $18,000 to $25,000 worth of deals every month. The reason why bank chain dispute scam may not have an impact here as it is not lucrative for the scammers here as they need to work swiftly because their bought KYC’d accounts have a little shelf life (as explained in the above mentioned article).
I have personally stopped using P2P on exchanges since ages and there are many people who have never used it anymore.
What Verification Methods we Employ ?
We have setup a proprietary verification mechanism where we establish that the sender account is owned by the user or they have been allowed to use it. It is more effective against users who are old in the server and/or have dealt before. You may enquire at the time of finalizing your deal with a buyer/seller about these things.
Your Own Terms for DVA
However, being cautious is never bad and you can use the buy-sell tag and mention you are looking for a cash deposit or a Face to Face deal(DVA also provided). It is upto you and the other party to decide the terms how you want to deal and can reach a consensus where both of you
While no method is 100% secure , it is our endavour to facilitate the local crypto populous in whatever way necessary and this DVA has been successful in achieving that.