Scammers are truly despicable💢

The Binance Blog publishes a new article warning users about the risks of cancellation or expired order scams. This scam lures buyers into sending funds after a trade has expired or been canceled by creating a sense of urgency, false guarantees, and forged screenshots. The article details how this scam operates and provides practical advice on how to protect oneself, along with real-life cases. Scammers typically post cryptocurrency offers at very attractive prices on P2P markets to attract buyers. Once the trade begins, they deliberately delay until the order is about to expire or has been canceled, then pressure the buyer to make a payment. Buyers, believing it to be genuine, make the payment but cannot receive cryptocurrency because the order is invalid. Binance reminds users to never pay for canceled or expired orders and to always communicate within the platform for safety. If you encounter a scam, contact the support team immediately and keep all relevant records.