#FOMCMeeting transactions;
Be safe, careful and aware to not be a victim
Here’s a quick guide to help you trade USDT peer-to-peer on Binance safely and avoid fraud:
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### 1. Use Official Channels 🔒
Always trade directly on the Binance platform. Avoid third-party websites or links that might trick you into sharing personal details. Verify you’re on the official Binance app or website before you start any transaction.
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### 2. Check Seller/Buyer Reputation ⭐
Review ratings and user feedback. A high rating builds trust, while a low or no rating is a red flag. Remember: transparency in reviews means safer deals.
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### 3. Use Binance’s Escrow Feature 🛡️
Binance’s built-in escrow protects both parties. With escrow, your USDT or funds are held securely until you’ve verified that the conditions have been met. This extra layer of security helps reduce fraud risk.
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### 4. Verify Payment Details Carefully ✅
Double-check the payment method details before confirming any transaction. Confirm amounts, account numbers, or IDs directly in the app to avoid mistakes or scams. A small oversight can lead to big losses!
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### 5. Trust Your Instincts & Report Suspicious Activity 🚨
If something feels off or you spot unusual behavior during the trade, trust your gut. Stop the transaction immediately and report the issue to Binance Support for extra help.
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By following these simple steps and remaining alert, you can help protect yourself and enjoy a safer trading experience on Binance. Stay smart, stay safe!