1. Verify the seller or buyer:
Make sure they have good ratings, sufficient completed transactions, and positive feedback. Determination is everything in P2P.
2. Never release the funds before receiving payment:
Binance holds the cryptocurrencies as collateral, but you should only release them once you have confirmed that the money has arrived in your bank account.
3. Communicate everything via the Binance chat:
Avoid speaking through external channels. If a problem arises, only what is in the official chat counts as evidence.
4. Avoid using third-party accounts:
Use only bank accounts in your name. If you receive payments from someone else, there may be risks of fraud or blocks.
