**🚨 Urgent P2P Safety Alert: Avoid Bank Freezes!**
Dear Binance Community,
A close friend had his bank account frozen for **4+ months** after a simple USDT P2P trade—all because the seller was later flagged for fraud. This is a growing risk, especially in regions like **India and Pakistan**, where banks freeze accounts first and investigate later.
### **✅ How to Stay Safe on P2P:**
1. **Trade Only With Trusted Sellers**
- ✔️ **100+ trades**, **98%+ completion rate**, **6+ months account age**
- ❌ Avoid new/unverified sellers.
2. **Exact Name Matching is a MUST**
- Cancel if the seller’s bank name doesn’t **perfectly match**
their Binance profile.
3. **Double-Check & Document**
- Verify bank details, payment amount, and **save
screenshots** of chats/TXNs.
### **🔒 Extra Protection Tips:**
- Use **Binance Escrow only**—never deal outside the app.
- Start with **small test trades** ($10-$20) for new sellers.
- Prefer **IMPS/NEFT over UPI** (fewer fraud triggers).
### **⚠️ If Your Account Gets Frozen:**
- Funds may be locked for **months** with no clear resolution.
- Legal hassles, credit score damage, and financial disruption
can follow.
**Stay cautious—P2P is useful but risky. Share this to protect
others!**
#CryptoSafety #BinanceP2P #BankFreeze #StaySafe