P2PSafetyFirst
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#P2PSafetyFirst P2P (peer-to-peer) scam, it typically involves deceptive or fraudulent activity during transactions on peer-to-peer platforms. Here are common types of P2P scams and how they work:
1. Overpayment Scam
How it works: A scammer sends more money than required (usually with a stolen card/account), then asks for the difference to be refunded. Later, the original payment is reversed, and you're left out of pocket.
Example: Selling an item on Facebook Marketplace, and the buyer sends $500 instead of $300 — then asks you to refund $200.
2. Fake Payment Confirmation
How it works: The scammer sends a fake screenshot or email of a payment being sent, but no money is actually transferred.
Common on: PayPal, Zelle, Venmo, Cash App.
3. Chargeback Fraud
How it works: The buyer pays you, receives the product or service, and then files a chargeback with their payment provider claiming they didn’t receive the item.
4. Phishing via P2P Requests
How it works: Scammers send a payment request with a note like “Complete your verification” or “Claim your prize,” tricking you into sending money or credentials.
5. Crypto P2P Fraud
How it works: On platforms like Binance P2P or LocalBitcoins, scammers send you fake bank payment screenshots or reverse transactions after receiving crypto.
Tips to Avoid P2P Scams:
Never refund overpayments without verifying the source.
Only use trusted platforms with strong buyer/seller protection.
Verify funds have cleared in your account before releasing goods or services.
Avoid third-party involvement in P2P trades.
Watch out for urgency tactics ("I need this ASAP", etc.).
If you’re facing a specific situation or need help with a possible scam, feel free to describe it, and I can help assess it.
1. Overpayment Scam
How it works: A scammer sends more money than required (usually with a stolen card/account), then asks for the difference to be refunded. Later, the original payment is reversed, and you're left out of pocket.
Example: Selling an item on Facebook Marketplace, and the buyer sends $500 instead of $300 — then asks you to refund $200.
2. Fake Payment Confirmation
How it works: The scammer sends a fake screenshot or email of a payment being sent, but no money is actually transferred.
Common on: PayPal, Zelle, Venmo, Cash App.
3. Chargeback Fraud
How it works: The buyer pays you, receives the product or service, and then files a chargeback with their payment provider claiming they didn’t receive the item.
4. Phishing via P2P Requests
How it works: Scammers send a payment request with a note like “Complete your verification” or “Claim your prize,” tricking you into sending money or credentials.
5. Crypto P2P Fraud
How it works: On platforms like Binance P2P or LocalBitcoins, scammers send you fake bank payment screenshots or reverse transactions after receiving crypto.
Tips to Avoid P2P Scams:
Never refund overpayments without verifying the source.
Only use trusted platforms with strong buyer/seller protection.
Verify funds have cleared in your account before releasing goods or services.
Avoid third-party involvement in P2P trades.
Watch out for urgency tactics ("I need this ASAP", etc.).
If you’re facing a specific situation or need help with a possible scam, feel free to describe it, and I can help assess it.
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🛡️ WARNING ABOUT P2P SCAMS ON BINANCE – PROTECT YOUR ASSETS NOW! ‼️
P2P trading on Binance allows you to buy and sell crypto directly, but scams are becoming increasingly sophisticated. Avoid the following traps:
🚨 5 Common Scam Tactics:
1. 📸 Fake transfer images – Use Photoshop to trick you into confirming transactions.
2. 👥 Third-party transfers – Create disputes and get accounts locked.
3. 💬 Pressure via chat – Request you to release coins before payment.
4. 🪪 Forged documents – Send fake ID, receipts to create false trust.
5. 📱 “Bank app error” – Excuses, creating pressure for you to release funds blindly.
✅ How to Stay Safe While Trading:
• Confirm real money has entered the account before releasing coins.
• Check the sender's name matches the buyer's name.
• Do not trade outside of Binance.
• Use the “Appeal” feature if you suspect fraud.
• Only trade with verified and well-rated individuals.
🎯 Remember: Trust the process – do not trust empty promises!
⸻
#BinanceP2P #CryptoScamAlert #TradeSmart #P2PSafetyFirst #CryptoAwareness
P2P trading on Binance allows you to buy and sell crypto directly, but scams are becoming increasingly sophisticated. Avoid the following traps:
🚨 5 Common Scam Tactics:
1. 📸 Fake transfer images – Use Photoshop to trick you into confirming transactions.
2. 👥 Third-party transfers – Create disputes and get accounts locked.
3. 💬 Pressure via chat – Request you to release coins before payment.
4. 🪪 Forged documents – Send fake ID, receipts to create false trust.
5. 📱 “Bank app error” – Excuses, creating pressure for you to release funds blindly.
✅ How to Stay Safe While Trading:
• Confirm real money has entered the account before releasing coins.
• Check the sender's name matches the buyer's name.
• Do not trade outside of Binance.
• Use the “Appeal” feature if you suspect fraud.
• Only trade with verified and well-rated individuals.
🎯 Remember: Trust the process – do not trust empty promises!
⸻
#BinanceP2P #CryptoScamAlert #TradeSmart #P2PSafetyFirst #CryptoAwareness
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