How I Got Trapped in a P2P Scam & How You Can Avoid It

2 days ago, I fell into a trap I never thought I would. P2P crypto scam.

I was selling USDT on Binance P2P. A buyer with a verified profile and a great rating placed an order. He sent me a payment screenshot through chat and was pressuring me to release the crypto quickly, saying he was in a hurry. The bank transfer didn’t show up, but the pressure got to me, and I released the USDT.

A few minutes later, I realized the transfer was fake. The scammer disappeared, and Binance couldn’t reverse the transaction because I had released the funds voluntarily.

Here’s what I learned and what you must remember:

NEVER release crypto without confirming payment in your bank account.

Ignore screenshots. Only trust your own banking app or website.

Avoid chatting outside the Binance app. If someone asks to move to WhatsApp or Telegram, its a red flag.

Check the buyer’s full payment details carefully and ensure the name on the payment matches.

If something feels wrong, cancel the trade and report the user.

It was a costly lesson, but it taught me to slow down, trust my instincts, and never fall for pressure tactics.

Stay safe. Be smart. Protect your crypto.

#BinanceP2P #CryptoSafety #ScamAwareness #CryptoTips