#BinanceSafetyInsights 🚨 *URGENT: Protect Yourself from Binance P2P Scams!* 🚨

Dear Binance Community,

P2P trading offers great opportunities, but scammers are always looking for new victims. Here's how to stay safe:

🔥 *Most Common P2P Scams*

1️⃣ *"I Paid, But Got No Crypto" (Buying Scam)*

- *How it works:* You send money, but the seller disappears.

- *How to win:*

- Only trade with verified merchants (check their completion rate + reviews).

- NEVER close the trade until you receive crypto in your wallet.

- If scammed, file an appeal immediately—Binance can freeze the seller’s funds.

2️⃣ *"Fake Payment" (Selling Scam)*

- *How it works:* Buyer sends a fake bank receipt or screenshot.

- *How to win:*

- ALWAYS check your bank account—real money must arrive before releasing crypto.

- Beware of buyers pressuring you to complete the trade fast.

3️⃣ *"Let’s Move to WhatsApp/Telegram" (Advanced Fee Scam)*

- *How it works:* Scammers lure you off Binance to avoid platform protection.

- *How to win:*

- NEVER chat or deal outside Binance P2P.

- Report anyone who asks to move to WhatsApp/Telegram.

🛡️ *5 Golden Rules for Safe P2P Trading*

1️⃣ *Use Binance Escrow* – Never release crypto until payment is 100% confirmed.