š” Peer-to-Peer (P2P) trading, like Binance P2P, Easypaisa, or JazzCash, is a popular way to transfer money directly from one user to another. While it's fast and convenient, it comes with serious risks! ā”
š“ Common P2P Scam Tactics in Pakistan:
1ļøā£ Fake Payment Proof
- Scammer sends an edited screenshot showing payment.
- Reality: No payment is made, or itās still pending. Common in Binance P2P and social media trade groups.
2ļøā£ Stolen Accounts
- Scammer uses hacked accounts to transfer funds.
- Result: The legit owner complains, and your account gets frozen!
3ļøā£ Reversal Scams
- After receiving funds, the scammer files a fraud complaint.
- Outcome: The bank or wallet reverses the transaction!
4ļøā£ Underpaid Transfers
- Agreed amount: 100,000 PKR, but you receive only 99,000 PKR.
- Next, the scammer will insist on cash for the difference.
- Tip: Never release the asset until you get the full payment!
5ļøā£ Third-Party Payment Fraud
- Scammer sends money from someone else's account to you.
- The original owner might report you for money laundering risks!
šÆ Who Are the Main Targets?
- Binance P2P traders (Crypto buyers/sellers)
- Members of Facebook/WhatsApp trading groups
- Freelancers receiving payments via Easypaisa/JazzCash
- Sellers on OLX & other marketplaces
š” How to Protect Yourself from P2P Scams:
ā Only deal with verified buyers/sellers (look for good feedback).
ā Wait 1-2 hours after receiving payment before releasing assets.
ā Never share your CNIC copy, OTP, or account access!
ā If a third party is involved, cancel the deal immediately.
ā Always use the chat and dispute system of the trading platform.
ā Final Note: P2P trading can be safe if you are a smart and alert trader. One wrong move, and you risk losing your money and account!
Stay safe and informed! š #CryptoScam #Pakistan #P2PSafety #BinanceP2P