⚠️HOW TO IDENTIFY AND AVOID P2P SCAMS⚠️

🆘HOPE THIS IS HELPFUL FOR YOU🆘 PART 1:

🚨 1. “Third-party transfer” scam

⚠️ Description:

•The buyer does not transfer money from their own account but asks someone else (or an unrelated account) to transfer.

•The seller sees the money received and quickly confirms, then gets the money clawed back by the bank because this is an illegal transaction, or the money is locked due to a fraud report.

❌ How to avoid:

Only confirm “Money received” when:

•The name on the bank account exactly matches the name on the buyer's Binance account.

•If the names do not match → do not confirm, contact Binance to report.

🕵️‍♂️ 2. Fake confirmation scam (fake transfer receipt)

⚠️ Description:

•The buyer sends a fake “transfer completed” photo, but in fact, has not transferred any money.

•Hoping the seller rushes to confirm “Received”

❌ How to avoid:

•Absolutely do not confirm when only seeing a photo or hearing words—only confirm when you actually see the money in the bank account.

•Always log in to the banking app or Internet Banking to check.

💸 3. Off-platform transaction scam

⚠️ Description:

•Scammers lure you into “off-Binance transactions” to avoid fees or “transfer faster.”

•After receiving the coins/account, they disappear – Binance does not support in case of disputes.

❌ How to avoid:

Absolutely do not conduct transactions outside the Binance P2P system.

•Only use the official P2P platform to be protected by the escrow system (temporary lock).