🚨How to Avoid P2P Scams on Binance🚨

To stay safe while trading crypto peer-to-peer (P2P) on Binance, follow these key tips:

💵Confirm Payments Directly

Always check your bank account or payment app to verify the funds are received before releasing crypto. Never trust screenshots—they can be faked.

💻Stay on the Platform

Only communicate and trade within Binance's P2P platform. This ensures escrow protection and access to dispute resolution. Avoid taking deals off-platform.

📈Trade with Verified Merchants

Choose traders with a yellow badge (verified merchants), and check their ratings and trade history for reliability.

🪪Enable Two-Factor Authentication (2FA)

Turn on 2FA for added security, and never share your codes—even with someone claiming to be Binance staff.

🔖Watch for Red Flags

Be wary of prices that seem too good to be true. Pay attention to Binance’s risk alerts.

📊Keep Proof

Save all chat logs, screenshots, and transaction records. They can help in case of disputes.

💸Use Secure Payment Methods

Prefer irreversible payment methods like bank transfers to reduce the risk of chargebacks.

Staying alert and following these steps can help protect you from common P2P scams.

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