🚨 Binance P2P Scams: Protect Yourself Before You Trade | #P2PScamAlert #BinanceSafety #CryptoAwareness
Binance P2P offers fast and fee-free crypto trading, but scammers are active too — especially targeting new users. Awareness is your first defense.
Common P2P Scams:
Fake Payment Screenshots – Scammer sends edited proof of payment but doesn’t actually send money.
Chargebacks/Fraud Claims – After receiving crypto, buyer reverses the payment via their bank.
Third-party Payments – Someone else pays on buyer’s behalf, risking account freeze due to KYC issues.
How to Stay Safe:
✅ Only release crypto after confirming actual payment in your bank or wallet.
✅ Never accept third-party payments – it’s against Binance policy.
✅ Always trade with verified users who have a high completion rate and positive feedback.
✅ Avoid conversations or deals outside Binance chat – it voids escrow protection.
Binance uses an escrow system to secure your assets, but once you make a mistake, reversing it is often impossible. Remember, a good deal shouldn’t cost your funds.
Stay alert. Trade smart.
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