Last week, I found myself in a financial crunch. Rent was due, and like many crypto users, I decided to sell some USDT through Binance P2P. It's usually a smooth process.
I created the ad. Within seconds, a buyer responded.
His message was urgent:
“I’ve sent the payment. Please release the crypto — I’m in a hurry.”
The profile looked clean — no obvious red flags at first. My instinct was to trust. But before hitting “Release,” I opened my banking app.
No transaction. No alert. Nothing.
Still, the buyer insisted. He even sent me a screenshot of the payment — it looked real.
I hovered over the "Release" button…
Something Didn’t Sit Right
I paused. And thank God I did.
I clicked into the buyer’s profile again, this time with focus:
No verified badge
Only 6 completed trades
Zero positive reviews
Last seen 24 hours ago
It hit me. The screenshot was fake. There was no real transaction — just pressure tactics.
Within minutes, the same buyer flipped the script and started accusing me of being a scammer — classic psychological manipulation. But by then, I knew the truth:
I was seconds away from getting scammed.
What Actually Saved Me?
These P2P trading principles saved me from losing everything:
1. Only trade with verified users
Look for the yellow verified badge on Binance P2P profiles. It means Binance has authenticated their identity.
2. Check trade history & feedback
Only proceed with users who have:
95%+ completion rate
100+ successful trades
Positive, genuine feedback
3. Never trust screenshots
Always confirm payment directly through your bank. Screenshots can be forged — account balances can’t.
4. Wait, even under pressure
If someone is rushing you, take it as a red flag. Scammers rely on panic to make you act fast. Breathe. Pause. Verify.
Why I’m Sharing This
I was lucky. My crypto — my rent money — was saved because I followed my instincts and remembered the golden rules.
But many others aren’t so lucky.
If you trade on Binance P2P — whether often or occasionally — please take this as a reminder:
Protect your assets like your life depends on it. Because sometimes, it just might.