The P2P market is full of opportunities… but also has traps if you're not careful! 🕵️♂️
Follow these tips to protect yourself from any attempted fraud:
1️⃣ **Stick to the platform**:
Do not open links outside of Binance or communicate on WhatsApp/Telegram. All buying and selling steps must be done within the system.
2️⃣ **Choose the trustworthy**:
Look at the ratings + number of transactions. It's best to choose someone with over 95% success and many transactions.
3️⃣ **Receive first – Release later**:
If you are selling, wait to see the money actually in your bank account (not just an SMS notification or a transfer image that could be forged).
4️⃣ **Don't be influenced by pressure**:
The scammer will always pressure you to release the coin quickly. Stay calm and verify for yourself.
5️⃣ **Use your personal account only**:
Stay away from any transfers to other people's accounts to avoid getting into legal trouble.
6️⃣ **Communicate within Binance**:
If there is any doubt, use the appeal service, and you will find Binance support intervening.
7️⃣ **Beware of psychological tricks**:
There are those who pretend to be in a hurry or act like a beginner to gain your trust. Stay aware.
8️⃣ **Protect your data**:
Do not share any personal data that is not required. And 2FA must be enabled on your account.
9️⃣ **Review the process carefully**:
Make sure the bank account owner's name is the same as the buyer/seller on Binance.
🔑 Summary
Receive the money first.
Don't release the coin quickly.
Stick to the platform only.
And always choose the trustworthy.
