PRACTICAL TIPS to REDUCE RISKS when BUYING USDT on BINANCE P2P:
1-. VERIFY the SELLER's PROFILE:
Check the user's reputation (ratings and comments).
Prefer sellers with a solid history and good ratings.
Avoid new traders or those with recent negative comments.
2-. USE MEDIATED TRANSACTIONS WHEN POSSIBLE:
Activate the mediation service from Binance P2P for disputes.
Do not release the USDT until the money is received in your payment method and the platform confirms the transfer.
3-. VERIFY the AMOUNT and the ACCOUNT:
Make sure the amount shown in the order matches exactly what you are going to pay.
Check that the address or account number of the counterparty is correct before sending.
4-. PRIORITIZE RELIABLE PAYMENT METHODS:
Use payment methods that leave a trace (bank transfers, authorized cards) instead of anonymous solutions.
Avoid 'pending' or non-reversible payments outside the platform.
5-. KEEP the CONVERSATION WITHIN BINANCE:
Avoid deals outside the P2P platform to prevent 'phantom' scams.
6-. Do not LOWER the SECURITY STANDARD for SPEED:
If something feels off (excessive urgency, pressure to accept conditions, last-minute changes to several conditions), cancel.
7-. CHECK the USDT CONFIRMATION:
After the transfer, check the blockchain to ensure that the USDT appeared in your Binance wallet.
If you do not see the confirmation in the expected time, do not release the coins to the seller.
8-. ACTIVATE LIMITS and ALERTS:
Set limits on the amount per transaction and per day.
Enable notifications for each step of the operation.
9-. DOCUMENT the OPERATION:
Keep screenshots of the order, proof of payment, and the conversation in case a dispute arises.
10-. BE SUSPICIOUS of OFFERS
“TOO GOOD”:
Prices visibly below the market or promises of instant delivery can be signs of fraud.
11-. FAMILIARIZE YOURSELF with BINANCE POLICIES:
Read the P2P guides from Binance and understand the mediation and refund process.