Common Binance P2P Scams ⚠️
1. **Fake Payment Confirmations**
- Scammers send fake proof of payment through screenshots or manipulated images.
- They might even attempt to convince you to release the crypto before confirming real payment.
2. **Chargeback or Reversal Scams**
- Buyers claim they have made a payment and request you to release the crypto.
- Later, they initiate a chargeback or reverse the payment through their bank or payment provider, leaving sellers without their crypto or funds.
3. **Impersonation Scams**
- Scammers impersonate genuine users or Binance support staff.
- They might ask for personal details or instruct users to transfer crypto outside the official platform.
4. **Escrow Account Exploits**
- Scammers exploit the escrow system by pretending to release payment but actually do not.
- Conversely, they might trick users into releasing crypto outside the escrow agreement.
5. **Fake Buyer/Seller Profiles**
- Fake profiles with convincing details and high ratings are created to lure victims.
- Once a deal is agreed upon, they might vanish after receiving your crypto or payment.
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