P2P trading on Binance is a great way to buy and sell crypto directly with other users. But what happens if you come across a scam? ๐จ Don't panic! Hereโs what you should do to stay safe and protect your funds.
๐ฅ Step-by-Step Guide to Handling a Scam in P2P
1๏ธโฃ Stay Calm & Donโt Rush!
Scammers pressure you into making quick decisions. Take your time, double-check everything, and never release funds unless youโre 100% sure!
2๏ธโฃ Check the Buyer/Sellerโs Profile ๐
Before confirming any transaction, always check the userโs:
โ
#Trading history & completion rate
โ
Verification status
โ
User reviews & feedback
If anything looks suspicious ๐ฉ, cancel the #trade immediately!
3๏ธโฃ Never Communicate Outside Binance ๐ต
Scammers might ask you to chat on WhatsApp or Telegram. Binance does not protect users outside its platform! Stick to #Binance chat only.
4๏ธโฃ Verify #Payment Carefully ๐ฐ
Before releasing crypto:
โ
Check if the payment is received in your bank/wallet.
โ
Make sure the amount is correct.
โ
Avoid fake payment screenshotsโalways confirm within your #banking app.
5๏ธโฃ Use Binanceโs Appeal Feature ๐จ
If you suspect a scam:
๐ Click on "#Appeal"
๐ Provide proof (screenshots, payment details, etc.)
๐ Binanceโs support team will investigate & help resolve the issue.
6๏ธโฃ Report the #Scammer ๐
Help keep Binance safe! If someone tries to scam you, report them immediately so others donโt fall victim.
๐ Final Tips to Stay Safe in #P2P Trading
๐น Always trade with #verified users โ
๐น Avoid deals that sound too good to be true โ
๐น Keep all proof of #transactions & chats ๐
๐น Enable #2FA for extra security ๐
๐ก Did You Know? Binance holds the #crypto in #escrow until both parties confirm the transactionโthis helps prevent scams!
๐ Stay smart, stay safe, and keep trading confidently on Binance P2P!