FRAUD ALERT: Binance P2P Scams On Rise

It's time to take serious measures because Binance P2P is the only mode of payment for most traders and investors in Pakistan and other parts of the world.

It has now become impossible for us to survive without P2P even for a day. However, scammers are always into stealing users' money and blocking them.

They not only put investors and traders in trouble but also ruin the reputation of Binance. Fortunately, we can avoid these day-to-day scams, especially because they are increasing in number in Pakistan.

1. Firstly, we should only deal with the buyers or sellers who have verified profiles.

2. There is no need to trust fake payment proof. For example, if someone sends you money to the bank and shows proof, you should personally check your account balance before releasing crypto like $SOL , $BTC , and $XRP to them.

3. I strongly recommend you transfer only small amounts on a daily basis instead of huge payments sent or received once in a while.

Have you ever been scammed on Binance P2P?

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