Scam?

⚠️ P2P SCAM ALERT: BEWARE OF A NEW BINANCE P2P SCAM ⚠️
A new and highly dangerous scam is making the rounds on Binance P2P, targeting mostly new and inexperienced users. It’s sophisticated, deceptive, and could result in the loss of both your crypto and fiat money.
Here’s how the scam works — step-by-step
The Scam Process
1. The scammer initiates a P2P buy order
They place an order to buy USDT or another crypto asset from you via Binance P2P.
2. They send the fiat payment to your bank account
You'll receive the payment almost immediately — usually through a bank transfer that looks completely legitimate. It appears in your bank account like any normal transaction.
3. You release the crypto
Seeing the funds in your bank account, you assume the payment is genuine and release the USDT or crypto.
4. The trap is sprung — the scammer reverses the transaction
After receiving the crypto, the scammer contacts their bank and initiates a payment reversal, dispute, or claims unauthorized transaction.
5. You lose both your crypto and your money
The bank may withdraw the credited amount from your account, and the scammer keeps the released crypto. You're left with nothing.
Who’s at Risk?
This scam primarily targets:
New users unfamiliar with P2P best practices
Users in a hurry, eager to complete trades quickly
Anyone trusting a payment notification without confirming it properly
How to Protect Yourself
Follow these key tips to avoid falling victim:
Only trade with verified users
Check the number of completed trades, user reviews, and verification level on Binance P2P before proceeding.
NEVER release crypto based on SMS or screenshots
Scammers can forge screenshots or fake SMS alerts. Always verify payment through your official bank app or website — not just your notification panel.
Watch out for red flags
Offers that seem too good to be true
Buyers who are overly eager or rushing you
Requests to chat outside Binance or share sensitive info
Keep communication on Binance P2P
Never share your personal data, phone number, or banking info outside the Binance platform.
Use the “Appeal” feature if anything seems wrong
If you have doubts or something feels off, don’t release the crypto. Use the Appeal button and let Binance support review the situation.
Final Reminder
One mistake could cost you everything. Stay alert, take your time, and always verify every step before confirming a trade.
Share this alert with your network to help others stay informed and protected.
Stay Safe. Trade Smart. Protect Your Crypto.
#Scam? #scamriskwarning #ScamAwareness #ScalpingTrading #ScamRickWarning

Lately, there’s been a noticeable spike in peer-to-peer (P2P) scams targeting Binance users. Scammers are exploiting the trust built within P2P platforms to defraud users during crypto trades. These fraudsters often pose as legitimate buyers or sellers and may use stolen identities or fake payment confirmations to trick their victims.
One common tactic involves the scammer sending a fake payment receipt, pressuring you to release crypto before you actually receive funds. In some cases, they might even reverse payments after the transaction is completed.
To stay safe, always double-check that the payment has fully cleared in your account—not just pending. Never communicate or settle outside Binance’s P2P platform, as doing so forfeits your protection. Also, avoid dealing with users who rush or pressure you—this is often a red flag.
Report any suspicious activity immediately through Binance's reporting tools. It’s better to lose a trade than to lose your funds. Stay vigilant, and trade only with verified users who have strong ratings and a reliable history.
Your safety is in your hands—don’t let a moment of trust cost you your crypto.
#MarketRebound #Scam? #scamriskwarning
$BTC
$ETH
$XRP

In the world of peer-to-peer (P2P) crypto trading, convenience comes with risk. One of the most common—and dangerous—threats facing P2P traders today is the reversal scam. This scam typically involves a buyer making a payment and then reporting it to their bank as unauthorized, triggering a chargeback. As a result, the bank reverses the transaction, and the seller loses their funds—sometimes even facing account freezes or limitations.

But with the right precautions, you can protect yourself from this costly pitfall.

The Reversal Scam – How It Works
A scammer buys crypto via a P2P platform and sends payment to your bank. After you release the crypto, they contact their bank and claim the transaction was fraudulent.The bank investigates and often reverses the transaction.You lose both the crypto and the funds—and your account may be flagged for suspicious activity.

Simple Yet Powerful Strategy: Use a Separate Bank Account
One of the most effective ways to protect yourself from reversal scams is by separating your P2P activity from your personal finances.

Here’s how to do it:
Step 1: Create a dedicated bank account used only for receiving P2P payments.Step 2: As soon as you receive a payment, immediately transfer the funds to your main or secured bank account.Step 3: Once the funds are confirmed in your primary account, only then release the crypto to the buyer.

This creates a safety barrier. If the scammer later tries to reverse the payment, the targeted P2P account will already be empty—leaving nothing for the bank to take back.

Bonus Tip: Be Ready to Switch Accounts
If your P2P account is ever flagged or frozen by the bank due to repeated disputes, it’s much easier to manage when it’s separate from your personal funds. You can simply close it and open a new one without compromising your core finances or daily transactions.

Final Thoughts
P2P crypto trading offers flexibility and opportunity, but it requires vigilance. Reversal scams are real—but with smart practices like using a separate account, quick transfers, and cautious release timing, you can trade with confidence.
Stay alert. Stay secure. Protect your crypto.

#Scam? #Crypto #P2PScam #P2PScamAwareness #BinanceSquareFamily

Scammers often use money as bait to lure potential victims into their schemes because financial incentives can easily cloud judgment and create a sense of urgency. The promise of quick returns or bonuses can be incredibly enticing, especially for individuals looking to make extra income or improve their financial situation. This tactic is particularly effective in the realm of online platforms, where anonymity and the lack of face-to-face interaction can make it easier for scammers to manipulate their targets.
In the case of the app 7WIN.GAME, the initial offer of a cash bonus of Ksh. 200 (approximately $1.54) serves as a hook. This small incentive is designed to lower the barrier to entry, encouraging users to deposit a minimum amount of Ksh. 100 (around $0.77). Once users have made this initial deposit, they are often led to believe that they are on the path to earning more money. However, the reality is that these platforms are structured to extract more money from users rather than provide genuine opportunities for profit.
The subsequent requests for additional deposits, such as the Ksh. 500 (approximately $7.70) to upgrade to VIP 2, are classic signs of a scam. Scammers often create a tiered system where users feel compelled to invest more money to unlock features or benefits that are never actually delivered. In this case, the promise of an upgrade is a tactic to keep users engaged and hopeful, even as they continue to lose money. When the user is then asked to pay an additional Ksh. 300 (around $4.62) to withdraw their funds, it becomes clear that the platform is designed to keep users trapped in a cycle of investment without any real return.
The situation becomes even more frustrating when users find themselves unable to access their funds, despite having a balance in their accounts. The request for additional payments to facilitate withdrawals is a common tactic used by scammers to ensure that victims continue to invest more money. This creates a sense of desperation, as individuals may feel that they are so close to accessing their funds that they are willing to pay yet another fee. The reality is that legitimate platforms typically allow users to withdraw their funds without additional charges, making these requests a red flag.
The negative reviews on platforms like Trustpilot and DcamAdvisor.com further highlight the risks associated with 7WIN.GAME. A rating of 2.9 out of 5 on Trustpilot indicates a significant number of dissatisfied users, while the bad reviews on DcamAdvisor.com suggest that many individuals have had similar experiences of being scammed or misled. These reviews serve as a crucial reminder of the importance of conducting thorough research before engaging with any online platform, especially those that promise financial returns.
In conclusion, scammers use money as bait because it effectively attracts individuals who are seeking financial gain. The structure of platforms like 7WIN.GAME is designed to exploit this desire, leading users into a cycle of continuous investment without any real hope of withdrawal. It is essential for potential users to be vigilant, conduct research, and heed warning signs such as negative reviews before engaging with any online financial platform. By doing so, individuals can protect themselves from falling victim to scams that prey on their financial aspirations.

#Scam?
$ETH