Scammers are getting smarter — especially in Binance P2P trades.
Here’s a look at one of the most common scams, how it works, and how you can protect yourself.
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1️⃣ Common Fraud Type: Fake Payment Proof 🛑
How it works:
You sell USDT (or other crypto) on Binance P2P.
The buyer sends you a fake payment screenshot 🖼️ claiming they’ve transferred the money.
In reality, no money has been sent to your bank account.
The risk:
If you release your crypto without checking your bank balance first ✅, your funds are gone for good.
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💡 Safety Tips:
Always verify the payment in your bank account before releasing crypto.
Never trust screenshots as proof — they can be easily edited.
Use Binance’s in-chat dispute option if you suspect fraud.
Stay alert. In P2P trades, one mistake can cost you your entire balance.