— P2P (peer-to-peer) trading on Binance can be safe if you’re careful, but there are scammers trying to trick people. Here's how you can avoid them:

1. Always trade with verified merchants or high-rating users

Choose traders with a blue badge (verified) and lots of completed trades (hundreds or thousands).

Look at their rating — it should be above 98%-99%.

2. Never release crypto before confirming payment

Only release your crypto after you check the payment is received and confirmed in your bank account or wallet.

Don't trust screenshots — scammers fake payment proofs.

3. Use Binance's chat and avoid off-platform communication

Keep all conversations inside Binance chat.

If something goes wrong, Binance support can only help if the chat history is inside their app.

4. Watch out for fake payment alerts

Some scammers send fake SMS or email saying "payment received." Only trust your own bank app, not any message.

5. Avoid suspicious payment methods

Stick to instant and verifiable methods (like real-time bank transfer).

If someone asks to use third-party apps you don't know, refuse.

6. Use the "Appeal" function if something feels wrong

If payment isn't correct, or you feel scammed, click Appeal and let Binance freeze the transaction while they investigate.

7. Set your terms clearly if you are posting ads

If you are selling, add conditions like "Only release after full confirmation" in your ad description.

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