โ ๏ธ Why Are Bank Accounts Getting Blocked in Pakistan Due to Binance P2P? ๐ต๐ฐ๐ธ
Many traders in Pakistan are facing account freezes after using Binance P2P. Hereโs why ๐
๐ Whatโs Happening?
Banks flag P2P transactions as suspicious, leading to restrictions or investigations.
๐ก Why Banks Act This Way:
Multiple fund transfers from unknown sources
High volumes without clear business purpose
AML (Anti-Money Laundering) & fraud prevention concerns
โ Is P2P Illegal?
No โ โ but due to regulatory uncertainty, banks play safe by freezing accounts.
๐ก๏ธ How to Minimize Risk:
โ๏ธ Trade with verified/KYC users
โ๏ธ Keep amounts smaller
โ๏ธ Save payment proofs & receipts
โ๏ธ Use a dedicated account for trading
โ๏ธ Stay transparent with your bank
๐จ If Your Account Gets Blocked:
Contact your bank immediately
Provide transaction proofs + CNIC
Follow up professionally with AML/compliance dept
๐ Bottom Line:
Binance P2P is not banned โ but until Pakistan regulates crypto properly, trade smart, stay compliant & protect your capital.
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