Urgent Advisory: Protecting Yourself from P2P Scams in Pakistan
To the Binance Community in Pakistan,
Binance P2P is a powerful tool for trading, but your vigilance is essential. Recently, we have observed an increase in sophisticated scams targeting users in your region. Protecting your assets is our shared priority.
Key Scams to Recognize:
* Fake Payment Proof: Scammers send doctored transfer screenshots. Always confirm funds directly in your bank account, NOT from a screenshot.
* Third-Party Payments: A payment from an unknown bank account is a major red flag. The real account holder can reverse it, leading to a frozen bank account for you.
* Off-Platform Offers: Anyone moving the conversation to Telegram/WhatsApp for a "better rate" is a scammer. Keep all communication and trades within Binance.
* The Overpayment Trap: An "accidental" overpayment is a setup. The original payment is reversed, and you lose both the crypto and the "refund."
Your Essential Safety Checklist:
1. VERIFY BEFORE YOU RELEASE: Never release crypto until you have personally confirmed the payment is successful and cleared in your bank account.
2. MATCH THE NAMES: Only accept payments from an account bearing the exact name of the Binance buyer.
3. STAY ON-PLATFORM: All communication and transactions must remain within the Binance P2P chat. This is crucial for dispute resolution.
4. TRADE WITH TRUST: Prioritize trading with verified merchants who have a high completion rate and positive feedback.
5. REPORT & DOCUMENT: Immediately report any suspicious activity using the "Report" button. Keep screenshots of all chats and payment records.
Binance P2P is safe when you follow these rules. Scammers rely on haste and pressure. Stay calm, verify every step, and trade smartly.
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