SCAMMER ALERT FOR BEGINNERS!! Spotting scammers on Binance (or any crypto platform) requires vigilance. Here’s a step-by-step guide to help you identify potential scams and protect yourself:
Step 1: Verify Identity Through Binance Only trade with verified users.
Look for the "Verified" badge on user profiles if you're using Binance P2P.
Avoid users who refuse to verify or pressure you to skip Binance’s secure channels.
Step 2: Never Go Outside Binance Channels Only communicate and trade through Binance’s official platform.
Scammers often ask to move conversations to WhatsApp, Telegram, or email—don’t do it.
Step 3: Watch for Urgency or Pressure Tactics Scammers create urgency: “Do this now or lose the deal.”
Legitimate users won’t rush or intimidate you into decisions.
Step 4: Watch for Overpayments or Suspicious Offers Be cautious if someone offers to pay significantly above market price.
If they ask for a refund because they “overpaid,” it’s likely a scam.
Step 5: Double Check Payment Proofs In P2P trading, never release crypto until you see the money in your account.
Fake payment receipts are common. Check your actual bank account, not screenshots.
Step 6: Use Binance Escrow Services Binance P2P holds crypto in escrow during trades.
Only click "Release" after confirming the money is in your account.
Step 7: Report Suspicious Users Use the “Report” button to notify Binance if you suspect scam behavior.
Provide screenshots and transaction details.
Step 8: Enable Two-Factor Authentication (2FA) Add an extra layer of security using Google Authenticator or SMS verification.
Step 9: Avoid Clicking on Unverified Links Scammers may send phishing links disguised as Binance.
Always double-check the URL: https://www.binance.com/
Step 10: Stay Updated Follow Binance announcements and community pages.
#BinancePizza 🍕 Binance Pizza Day Celebrations Binance commemorates Bitcoin Pizza Day, marking the first known purchase of physical goods using Bitcoin in 2010, when Laszlo Hanyecz traded 10,000 BTC for two pizzas. To celebrate, Binance has organized global events, including in-person meet-ups, pizza van takeovers, and online contests. Participants can engage in activities like sharing pizza-themed content on social media with the hashtag #BinancePizza for a chance to win prizes such as Binance merchandise and token vouchers