As the global crypto space continues to evolve, Pakistan has seen a massive uptick in users turning to platforms like Binance, OKX, and others to send and receive funds in the form of $BNB, $ETH, $SOL, and more.
But hereās the reality ā using P2P (peer-to-peer) trading in Pakistan is NOT without serious risks.
šØ Whatās Happening?
Many users have had their bank accounts frozen after unknowingly dealing with exchangers or buyers who later flagged transactions as suspicious. In some cases, this has led to Binance accounts being restricted and local banks launching investigations.
š£ Why Is This Dangerous?
Because in Pakistan, crypto isnāt fully regulated ā any unusual activity can trigger red flags with financial institutions. When a counterparty lodges a complaint (whether legitimate or malicious), you could be left fighting to unfreeze your funds or even prove your innocence.
š”ļø How to Protect Yourself:
ā
Only deal with verified and highly rated traders on Binance P2P.
ā
Use a separate bank account exclusively for crypto transactions.
ā
Avoid large one-time transfers ā split into smaller, frequent amounts.
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Keep screenshots and records of every transaction.
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Be cautious with new or anonymous exchangers ā donāt get lured by better rates.
Remember:
P2P might look easy ā but one wrong deal can cost you your entire bank account.
Have you or someone you know experienced this?
#P2PAwareness #BinancePakistan #CryptoSafety #DigitalRisks #CryptoInPakistan #ScamAlert
#write2earnš $BTC