Binance P2P lets you buy and sell crypto directly with others using local payments all secured by Binance’s escrow system. But scammers are getting smarter, so beware!
Top Tips to Stay Safe:
Always trade within Binance P2P platform avoid WhatsApp or Telegram deals.
Verify payments in your bank app, not just screenshots.
Release crypto only after full payment confirmation.
Never share private info or wallet keys.
Report any suspicious activity to Binance immediately.
Watch out for scams like:
Fake payment screenshots.
Chargeback frauds (payment reversals).
Off-platform trade requests.
Risk of bank accounts getting blocked.
Stay alert, trade smart, and keep your crypto safe!
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