📢How to Avoid Scams on Binance P2P and Protect Your Funds 🔐

Binance P2P is an excellent option for direct crypto exchanges, but it requires caution. Here are key tips for trading safely:

🔍 **1. Keep all communication within the Binance P2P chat**

If you are suggested to move the conversation to WhatsApp or Telegram, consider this an important warning sign.

💰 **2. Payment first, then the cryptos**

Always wait to confirm the receipt of money in your account before releasing any cryptocurrency. Fake receipts are common.

📊 **3. Examine your counterpart's history**

Before trading, check:

- User rating (ideally 4.8 stars or higher)

- Number of completed trades

- Recent comments from other users

📱 **4. Document every step**

Take screenshots of:

- The entire conversation

- The transfer receipt

- The order details

This will help you in case you need support.

⚖️ **5. Be wary of abnormal prices**

If an offer seems too good to be true, it probably is. Prices significantly below or above the market are usually warning signs.

💡 **Additional tip:**

Use Binance's "Secure Trading" feature for greater protection in your trades.

Have you had experiences with Binance P2P? Share your learnings in the comments! 👇

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