P2P (peer-to-peer) trading on Binance is a popular way to buy and sell crypto directly with others — but it's also a hotspot for scammers if you're not cautious.
Common P2P Scam Tactics:
1. Fake Payment Screenshots – The buyer sends a fake payment receipt without actually transferring funds. Always verify payment in your own bank app before releasing crypto.
2. Third-Party Payments – Payments sent from an account that doesn’t match the buyer’s name. This can lead to chargebacks or frozen accounts.
3. Reversal Fraud – After releasing crypto, some scammers file a false complaint to their bank claiming an unauthorized transaction, potentially reversing the payment.
4. Phishing Links – Scammers may impersonate Binance support or send fake links to "resolve" issues. Binance will never message you first or ask for passwords.
How to Stay Safe:
Always confirm payment in your bank, not just Binance chat.
Never release crypto before confirming the exact amount received.
Avoid third-party payments — it’s against Binance policy.
Use verified merchants or traders with high ratings and a long trading history.
Enable 2FA and avoid clicking suspicious links.
If something feels off, cancel the trade and report the user to Binance. It’s better to be safe than scammed.
