"Think P2P Trading is Safe? These Binance Scams Will Empty Your Wallet Before You Blink"
P2P trading is fast, easy and risky as hell if you do not know the tricks scammers pull. Here is how they play dirty and how to spot them before you get burned.
1. The Fake Payment Screenshot
They will send a doctored screenshot proving they paid you. Always check your bank account or e wallet. No notification? No crypto release.
2. The Chargeback Hustle
Buyers pay via paypal or venmo then file a dispute after you send crypto. Stick to irreversible methods (bank transfers and cash deals).
3. The Bait And Switch Token
"Send USDT to this address first then I shall pay!" Nope. Once you send, they ghost. Never trade outside binance’s escrow.
4. The ‘Trust Me’ Trader
They beg to cancel the order and deal privately. Cancel = no binance protection. Always keep it on platform.
5. The Overpayment Scam
"Oops, I sent extra! Refund me?" The original payment bounces and your "refund" is real money lost. Never refund without binance support.
Stay Safe:
Check trader ratings (low rep = red flag).
Only chat in binance p2p (no whatsapp/telegram).
Never rush. Scammers love panic.
P2P is great until it is not. Trade smart or regret it.
