🇳🇬 "How My Friend from Nigeria Lost ₦450,000 on Binance P2P—Learn from His Mistake!" 😨💸
A few days ago, my friend Tunde from Lagos wanted to buy USDT on Binance P2P. He was careful and chose a seller with a verified badge and hundreds of trades. Thinking he was safe, he placed an order for ₦450,000 worth of USDT.
💰 Here’s what went wrong:
After making the payment, he waited for the seller to release the crypto, but minutes passed… then an hour… and still no USDT. 😰 Tunde sent messages through Binance chat, but the seller only replied with, "Please be patient, network delay."
🚨 Red Flag #1: The seller kept stalling even after receiving the money.
Tunde, still hopeful, waited longer. But then the seller canceled the order! His money was gone, and no USDT was released. 😱
🚨 Red Flag #2: The seller canceled after confirming payment.
Luckily, Binance P2P has buyer protection. Tunde immediately filed an appeal, submitted proof of payment, and explained everything. 📄🔍
After Binance reviewed his case, they ruled in his favor and released the USDT to his wallet! ✅🎉
🚀 Lessons Learned to Stay Safe on Binance P2P:
✔️ Always use verified traders with a high completion rate. ✔️ NEVER confirm payment until you see USDT in your wallet. ✔️ If there’s a delay, use Binance's “Appeal” feature—NOT external chats. ✔️ Take screenshots of every transaction for proof.
Thanks to Binance’s system, Tunde didn’t lose his money—but many others aren’t so lucky. Always trade wisely and follow Binance's P2P guidelines to stay safe. 🔒
💬 Have you ever had issues on P2P? What was your experience? Let’s discuss below! 👇
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