Is a P2P site safe?

I'm curious to know, is a peer-to-peer (P2P) site truly SAFE for conducting transactions involving cryptocurrency? With the rise of online scams and frauds, it's essential to ensure that our funds are protected. Can you elaborate on the security measures that P2P platforms typically implement to safeguard users' assets and personal information? Additionally, what steps should individuals take to minimize the risks associated with using such sites?