When using Binance’s Peer-to-Peer (P2P) platform, it's essential to stay vigilant against scammers who exploit the system to defraud users. Some common scams include fake payment confirmations, chargebacks after releasing crypto, and impersonation tactics. Binance provides a reporting feature and a rating system to help users identify suspicious activity, but scammers often find ways to appear legitimate. Always double-check payment details, avoid releasing crypto before confirming receipt in your bank account, and report any suspicious behavior immediately. Staying informed and cautious is key to protecting your assets during P2P transactions on Binance
🛡️ "Protect Your Crypto: 5 Binance Mistakes You Must Avoid!"
Want to keep your Binance account secure? Then avoid these common slip-ups that could get your account locked — or worse, your money frozen.
🚫 Don’t fake your KYC — Using someone else’s ID or editing documents is a fast way to get banned. Binance verifies everything. 🌍 No VPNs from banned countries — If you’re in a restricted region and use a VPN (like in the U.S.), Binance can detect it and block your account. 📱 Avoid using multiple accounts on one device — It might look like you're trying to cheat the system. Stick to one account per person. 🕵️♂️ Don’t do shady trades — Receiving funds from unknown sources or taking part in scams gets flagged fast. Binance’s detection tools are smart. 🔄 Never buy or sell Binance accounts — It might seem harmless, but even using a friend’s verified account is against the rules.
✅ Your Safe-Trading Checklist:
Use your real identity and clean documents
Stay away from banned-country VPNs
One account per device
Keep your trades honest and legal
Don’t buy, rent, or share accounts
🔐 Your crypto is only as safe as your account. Follow the rules, trade smart, and protect your future.
🚨 XRP Supply Shock is Coming – Be Prepared Since early January, I’ve been warning my close circle that a major supply shock is coming for XRP—a warning I first received in late 2023, way before XRP was on most people’s radar.
Here's what you need to understand:
Exchanges are running low on XRP, and some may end up selling users’ holdings, betting you won’t withdraw them.
OTC (Over-the-Counter) markets are drying up, and institutional players will soon shift to buying from retail holders like us.
Ripple isn’t double-selling XRP, and most of the remaining supply is locked in escrow for four years (released monthly in small portions).
When institutions buy XRP, it’s not to flip for profit. They’re buying to hold and use—which means once they have it, it’s gone from circulation.
And this is all happening without any major retail or institutional FOMO, and before any ETFs have launched—each requiring 22 XRP per 1 ETF unit 🤯
The Good and the Bad ✅ The GOOD:
A supply shock like this will cause massive price surges.
ETFs will drive demand further.
Institutional FOMO will follow.
Add in big players like SWIFT, DTCC, and major financial institutions, and you’ll see why $1000 per XRP might be conservative.
🚫 The BAD:
If you sell now, you may never be able to buy back in—especially at prices under $1000.
Once institutions lock it away in cold storage, it’s not coming back to the market.
What To Do Now Get your XRP off exchanges and into cold storage wallets you control.
Don't sell your entire bag. You could be priced out forever. If $2 felt expensive once, imagine $2000 or $5000.
A buyback program (like what happened with gold) isn’t off the table. But if your XRP is safe in your cold wallet, it’s not for sale unless the offer is life-changing.
💼 I personally recommend the Tangem wallet. It's compact, secure, and works even without internet or wires—just tap your phone and go. Plus, Tangem is giving my community 10% off with the code REMI.