⚠️ P2P Scam Alert – Stay Safe While Trading on Binance P2P
Hey Binance community!
If you're actively using Binance P2P to buy or sell crypto like USDT or USDC via bank transfers, this message is for you. While P2P is a powerful tool for fast, direct trades, it’s important to stay aware of common scams. Here’s a quick breakdown to help you stay protected:
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Buying Scam: When purchasing crypto, you send funds to the seller’s bank account. But what if the seller receives your money and doesn’t release the crypto?
This is where Binance's appeal process comes in. If you’ve made a valid payment and the seller doesn't release the funds, you can file an appeal. If verified, Binance may return your crypto or funds.
However, scammers sometimes pose as legitimate sellers to exploit this very system—so stay alert.
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Selling Scam: When you're the seller, you're waiting for the buyer to send a bank transfer before releasing your USDT or $USDC .
Some fraudsters might try to trick you by sending fake payment screenshots or false confirmations—without actually transferring any money.
Always check your bank account balance directly before releasing any crypto.
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Stay Vigilant – Always Double-Check: Whether buying or selling, take a few extra seconds to verify every step of the process. A little caution goes a long way when protecting your assets.
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Final Note:
If there's any error in this message, sincere apologies in advance.
That’s all for now—stay safe, stay smart, and trade responsibly.