Binance P2P Trading Fraud: Risks and Safety Measures**

Binance Peer-to-Peer (P2P) trading offers a direct way to buy and sell cryptocurrencies, but it has also become a target for fraud. Scammers often use tactics like **fake payment proofs**, where they upload edited bank receipts without sending money, tricking sellers into releasing their crypto. Another common fraud is the **chargeback scam**, where buyers send money and later reverse the payment after receiving crypto.

Some traders fall victim to **third-party payment fraud**, where scammers use stolen bank accounts for transactions. If the real owner disputes the payment, the seller’s account may be frozen. Another issue is **delayed or non-payment scams**, where buyers falsely claim they have transferred funds, causing disputes.

To avoid fraud, always trade with **verified buyers/sellers** who have high ratings. Use Binance’s **escrow service** to ensure the transaction is secured before releasing funds. Never accept payments from third-party accounts, and always wait for actual bank confirmation before completing a trade. If you encounter suspicious activity, report it to Binance support immediately.

While Binance P2P is a convenient way to trade crypto, users must stay cautious, follow safety measures, and conduct transactions carefully to protect their funds.