Common P2P Scams in developing countries and How to Avoid Them
At Binance P2P, we take the security of our users very seriously. As such, we want to make sure you’re aware of the most common P2P scams as well as how to avoid them.If you’ve been a victim of a scam or suspect you are being scammed in a P2P transaction, keep reading. Here are the most common scams and how to avoid them:Fake Proof of Payment
The fake proof of payment scam involves a counterparty sending you a fake receipt and pressuring you to release the crypto quickly without first verifying you have received the money in your account.
Fake proofs of payment are usually identifiable because they often contain characters of different sizes, fonts, and colors. Sometimes, the words are also superimposed. Here are some real-life examples.
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