Urgent Binance P2P Scam Alert! 🚨

Be cautious of a new scam targeting Binance P2P users. Here's how it works:

The Scam: "Fake Payment Reversal"

1. Scammer creates a buy order: The scammer sets up a buy order on Binance P2P, appearing as a legitimate buyer.

2. Fake payment: The scammer sends a payment that appears to be legitimate, often via bank transfer.

3. You release the crypto: You see the payment reflected in your account and release the cryptocurrency to the scammer.

4. Payment reversal: The scammer reverses the payment, leaving you with no funds.

5. Loss: You lose both the cryptocurrency and the money.

How to Protect Yourself:

1. Trade with verified users: Only trade with users who have a verified badge (blue badge) on Binance P2P.

2. Confirm payment: Verify payment directly within your banking app, ignoring SMS or email notifications.

3. Avoid suspicious deals: Be cautious of deals that seem too good to be true, as they might be bait.

4. Stay within Binance P2P chat: Never communicate outside Binance P2P chat to stay protected.

5. Appeal if unsure: If in doubt, do not release the cryptocurrency. Use the "Appeal" button immediately.

Let's Protect the Community

Share this alert with fellow P2P traders to help prevent further scams. One share can make a difference.

Have you encountered suspicious P2P behavior? Share your experiences below to raise awareness.

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