How To Stay Safe From P2P Scams
Protective Measures & Best Practices
Here’s how to better safeguard your crypto:
1. Always Wait for Genuine Bank Confirmation
Only release crypto once the money is fully settled in your bank—not just screenshots or notifications.
2. Use Binance’s Secure Chat & Escrow
Stay on-platform. Bin-ance’s escrow holds funds until both parties confirm the transaction.
3. Vet Traders Thoroughly
Only trade with accounts that have:
High completion rates (ideally >98%)
Verified identity
Long trading history and positive reviews
4. Avoid Third-Party or Chain Payments
Stick to direct transfers from accounts matching the Binance profile. Payments via other parties or chains increase your risk.
5. Gather Extra Proof
When transacting:
Get the buyer’s mobile number, CNIC, and a quick video statement if possible.
Build a transaction trail to help dispute any fraudulent claims.
6. Trust Your Gut
If something feels off—an unrealistic price, urgent push, or shady payment method—stop and reconsider.
7. Report Immediately
Alert Binance support and use the Scam Report form if you suspect fraud. Swift action can help minimize damage.
