P2P SCAM HOW TO PROTECT YOURSELF FROM P2P SCAM
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🔍 1. Understand Common P2P Scams
Here are the most common scams on Binance P2P:
⚠️ Fake Payment Proof
The scammer uploads a fake payment receipt and pressures you to release crypto.
⚠️ Chargeback Scams
They use reversible payment methods (e.g., PayPal, bank transfer) and request a chargeback after receiving your crypto.
⚠️ Social Engineering
Scammer pretends to be customer service or uses emotional pressure to rush the deal.
⚠️ Impersonation
The scammer sends payment from a third-party account, violating Binance rules (payment must come from the buyer's verified account).
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✅ 2. Best Practices to Stay Safe
🔒 Only Trade With Verified Users
Look for traders with high completion rates (90%+), high volume, and positive feedback.
Check how long they’ve been active on Binance.
🔍 Always Verify Payment Before Releasing Crypto
Never release crypto until the money is 100% in your bank account and confirmed by your bank, not just based on a screenshot.
🚫 Don’t Accept Third-Party Payments
Binance P2P terms prohibit payments from accounts not matching the buyer’s name.
If you receive funds from a different name, cancel the trade and report it.
🧾 Document Everything
Keep screenshots and records of conversations and payments.
If something goes wrong, this is critical for Binance customer support.
🧠 Use Common Sense
If the deal feels too good to be true, it probably is.
Don't trade outside Binance P2P. Scammers may try to lure you to WhatsApp, Telegram, etc.
🚨 3. If You’ve Been Scammed – What to Do
📣 Contact Binance Support
Go to: https://www.binance.com/en/support
Submit a ticket with all evidence: screenshots, transaction IDs, chat logs, etc.
🛑 Report the User
Go to the user’s profile and click “Report.”
This helps Binance flag their account and prevent future scams.
🏦 Contact Your Bank
If you sent funds, call your bank immediately. You may be able to reverse or trace the transfer, especially if it was recent.