🚨 Scam Alert: Beware of a New P2P Crypto Scam Targeting Users
As peer-to-peer (P2P) trading becomes increasingly popular among crypto users, scammers are evolving their tactics to exploit unsuspecting traders. A new wave of P2P fraud has recently emerged, and it's critical for all users to stay vigilant and informed.
🔍 How the Scam Works:
In this new scam, fraudsters pose as legitimate buyers on P2P platforms. After initiating a trade, they send fake payment receipts or manipulated screenshots to pressure the seller into releasing crypto before the funds actually arrive. In some cases, they use third-party or stolen accounts to transfer funds, creating confusion and dispute loopholes.
Once the seller releases the crypto without verifying real-time bank confirmation, the scammer disappears, leaving the seller without funds or any form of recovery.
⚠️ Red Flags to Watch For:
The buyer insists on urgent release of crypto.
You receive edited payment screenshots or delayed SMS notifications.
The payment appears from an unfamiliar account name.
They initiate payment disputes immediately after transfer.
✅ How to Protect Yourself:
Always verify payments directly via your bank account before releasing assets.
Never trust screenshots or verbal confirmations.
Use Binance’s in-built chat and report suspicious behavior immediately.
Avoid third-party communications like WhatsApp or Telegram during a trade.
📢 Final Thoughts:
P2P platforms offer freedom and flexibility, but also require responsibility. By staying alert and following basic safety protocols, you can protect your funds and continue trading securely.
🔒 Your security is in your hands — don’t let your guard down.
