$PEPE Steps to Prevent Fraud Buying and selling cryptocurrency directly with other users is made flexible by Binance's peer-to-peer (P2P) trading system. However, freedom also comes with responsibility; scammers and fake users frequently attempt to exploit inexperienced or irresponsible traders. The following are essential safety measures that all traders should adhere to:
1. Trade exclusively in Binance Chat Never switch to Telegram, WhatsApp, or any other external app during a conversation. Once you're off-platform, scammers frequently attempt to deceive or manipulate you.
2. Confirm Payment Prior to Crypto Release Never rely on screenshots or messages that say "sent"; instead, always verify the actual payment using your bank account or the UPI app.
3. Only Make Use of Verified Advertisers Choose to trade with users who have received positive reviews, are marked as "verified," and have high completion rates.
4. Steer clear of fake UTRs and partial payments. Scammers might send fictitious transaction IDs or small amounts. Verify full payment at all times.
5. After payment has been received, do not cancel. You risk losing both your cryptocurrency and money if you receive money and decide to cancel the trade. If something doesn't seem right, always follow Binance's dispute guidelines.
6. Never divulge wallet keys or OTPs. Private keys, passwords, or OTPs will never be requested by Binance employees. It's a scam if someone does.
📢 Remain vigilant. Keep yourself safe. In the Binance P2P Help Center, report suspicious activity right away. You are responsible for your own safety. Trade wisely!
#CryptoSafety #ScamAlert #P2PPrecautions #BinanceP2P $BTC
