šØWarning: Binance P2P Scam Alert ā Donāt Become the Next Victimā¼ļø
Crypto is booming, and so are the scams! A new wave of Binance P2P fraud is targeting unsuspecting usersāhereās how it works and how to stay safe.
Whatās Happening?
Scammers are abusing the P2P (peer-to-peer) trading feature on Binance to trick users into releasing crypto without receiving real payment. They often use fake payment screenshots, reversed bank transfers, or even stolen bank accounts to appear legitimate.
Real Case Scenario:
A user sells USDT on Binance P2P. The buyer sends a fake receipt, urging the seller to release the crypto quickly. Minutes laterābank reversal! The seller loses both the money and the crypto.
Why It Works:
Users trust Binanceās secure environment
Scammers use psychological pressure
Many skip verifying actual bank deposits
How to Protect Yourself:
NEVER release crypto without confirming cleared funds in your bank
Beware of urgency or pushy buyers
Enable 2FA and report suspicious users immediately
Use verified payment methods only
Stay alert. Stay informed. Stay in control.
Have you or someone you know been affected? Share your experienceāit could save others.