##How Scams Work on Binance P2p

Fake Payment Proofs: Scammers often send manipulated screenshots claiming that payment was made—even when it wasn’t—prompting sellers to release crypto prematurely.

Chargeback & Wrong Transfer Scams: After receiving crypto, fraudsters might reverse the payment by claiming a wrong transfer or account hacking, leaving sellers empty-handed.

Triangulation Scams: Buyers coordinate multiple orders at once so you unintentionally release more crypto than legitimately paid for.

Phishing / “Flash USDT” & “AML” Bot Scams: Scammers lure victims into fake verification sites (e.g. “usdtcheck.net”) that steal private keys or drain wallets through malicious smart contracts.

Overpayment & Third-Party Payments: Fraudsters overpay or use someone else’s bank account—then reverse or dispute the payment.

Impersonation & Fake Support: Scammers posing as Binance support or technical agents may trick users into giving sensitive information or transacting off-platform.

Real-World Impacts Shared by Users

Frozen Bank Accounts: Some users in Thailand and India experienced multiple bank freezes after P2P trades—even without being involved in wrongdoing—due to fraud investigations initiated by others.

Unresolved Disputes: A seller reported losing funds when the buyer confirmed receipt but never sent the crypto or refunded the money; Binance could only attempt a “best effort” refund.

Best Practices to Stay Safe

1. Always verify payments are actually received in your account before releasing crypto. Never rely on screenshots or oral confirmations.

2. Use Binance’s escrow system. Always execute trades via the platform—not offsite or via external chat.

3. Trade only with high-rated, verified users to reduce risks of dealing with fraudsters.

4. Keep all communication inside Binance. Avoid taking negotiations to WhatsApp or Telegram.

5. Preserve evidence. Take screenshots of transaction details and conversations—vital if you need to file a dispute.

6. Be skeptical of overly attractive offers.