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WARNING D...NCE P2P
SECURITY WARNING FOR BINANCE P2P USERS
This is a general announcement. The products and services mentioned in this document may not be available in your region.
Dear Binance users,
At Binance, the security of our users is our top priority. We strive to provide a secure and protected P2P trading environment. Therefore, we are issuing this official notice to remind you of the importance of adhering to recommended security practices.
Risks associated with using third-party bank accounts
We remind users that using third-party (unknown) bank accounts in Binance P2P transactions is not an accepted practice for P2P trading, as stated in our Terms and Conditions (T&Cs), in the clause regarding 'termination, suspension, holds, and restrictions' of Binance transactions and accounts. This exposes users to significant risks.
Such practices are not allowed by Binance for the purpose of:
Avoid involvement in illegal activities: as these accounts may be linked to money laundering, scams, or other illegal activities.
Avoid account suspension: using such accounts may result in the immediate suspension of your Binance account.
Avoid loss of funds: there is a high risk of losing your funds when engaging in transactions with compromised accounts.
SECURITY MEASURES THAT OUR USERS MUST FOLLOW
Only use bank accounts that are in your name.
Verify the identity of the counterparty before making any transaction.
Stay informed about current scams and fraudulent tactics.
Binance's commitment to security
Binance continuously updates its security measures and policies to protect users. We encourage you to stay informed about the latest security updates and best practices through our official channels.
We appreciate your cooperation in keeping Binance P2P a safe platform for everyone.
ADDITIONAL RESOURCES
We strongly recommend that you read the following articles on our blog for detailed information on how to protect yourself:
Book scam
QR code reading scam
Note: there may be discrepancies between this original content in English and the translated versions. Please refer to the original English version for the most accurate information if there are any discrepancies.
Thank you for your support!
BINANCE Team
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Binance reserves the right, at its sole discretion, to modify or cancel this announcement at any time and for any reason, without prior notice.
Disclaimer: The prices of digital assets can be volatile. These fluctuations may affect the value of the digital assets you purchase or sell on the Binance P2P platform, which may be lower or higher at the time and after the completion of the transaction. You are solely responsible for your investment decisions and Binance is not responsible for any losses you may incur. By using the Binance P2P platform, you trade digital assets directly with other users. Binance is an international company and does not operate locally in your country. The company facilitates transactions by releasing digital assets once the offline fiat currency exchange is confirmed by both parties. The value, price, and trading conditions of each announcement are set by the user who posts it. All payments are final upon completion unless otherwise required by law. Binance has no right or obligation to resolve any dispute arising from a completed payment. Binance is not responsible for any loss you have concerning a completed payment. This is not financial advice. For more information, please see our Terms of Use and Risk Notice.
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