Binance P2P disputes are on the rise in Pakistan, with three recent cases involving blocked accounts due to fraudulent activities. The common issue in these disputes was transactions occurring outside of Binance, resulting in fraud complaints and account blocks. To avoid similar complications, it's crucial to understand the root cause and take necessary precautions. The Common Issue: Transactions Outside of Binance In all three disputes, buyers engaged in transactions outside of Binance, received payments from other sources, and then bought USDT from the seller. They sold the USDT at a higher rate elsewhere, without verifying the source of funds or securing proof. This led to fraud complaints from the original fund senders, resulting in account blocks for both the buyers and the seller. The Consequences: Account Blocks and Reversed Payments In one case, the issue was resolved after an investigation, and the payment was credited back to the seller's account. However, in the other two disputes, the buyers did not resolve the issues, and the seller had to reverse the payments. This highlights the importance of ensuring secure transactions and collecting necessary evidence to avoid disputes How to Avoid Disputes: Collect Necessary Evidence To protect your account and ensure secure transactions on Binance P2P, follow these steps - Obtain a video statement from the buyer - Get the buyer's mobile number - Request a video of the buyer's transaction history from the last 24 hours - If the payment comes into their account, request the CNIC of the sender - Cancel the trade if necessary By following these steps, you can avoid complications similar to those experienced in the recent disputes Stay Vigilant and Secure Your Transactions Binance has strong security measures in place, but some users still attempt to buy USDT from Binance and sell it outside the platform. Stay vigilant, collect all necessary evidence, and ensure safer transactions to protect your account and avoid disputes Like and share this article to spread awareness about Binance P2P disputes!
light of the recent fluctuations in the market, I want to share some valuable lessons I've learned while navigating the world of cryptocurrency trading. First and foremost, understand that this is a high-risk market. While the potential for profits is significant, the possibility of catastrophic losses is also very real. Never invest money that you cannot afford to lose or that is crucial for your savings or daily needs. Second, never enter the market without a solid understanding of analysis and digital currencies. Knowledge is power, and trusting your own analysis is crucial. Rely on your insights rather than the opinions of others. If your analysis indicates that you should continue with a trade, do so. Conversely, if it suggests cutting your losses, take action accordingly. Third, portfolio management is essential. Avoid investing all your capital at once. Instead, allocate your funds strategically so you can reinforce your initial investment if needed. This approach also minimizes the impact of any potential losses. Finally, implementing a stop-loss strategy is vital. Effective stop-loss orders depend on accurate analysis, confidence, and a thorough understanding of your investment. Continuously educate yourself and gain experience, whether through formal learning or personal trading. Invest in your knowledge before committing large sums of money, and keep your initial investments small. Patience is key in this market. Do not blindly trust others' advice. If you'd like more insights, feel free to let me know in the comments.
For long trades, an entry point around the support level of $0.01586 is ideal, targeting the $0.01700-$0.01750 range. Current trends indicate potential profit opportunities in these price zones. #NOTUSDT🚨
This person has opened short at 59 k value of #$BTC and his portfolio is finished right now and still asking whether to exit or hold... Reason: 1- Happens when u dont know where the market is going. 2- Happens when u just listen to the content creators or the market manipulators .. 3- Make ur own signal not fall for any false hopes just like ur ex. So it would be better to analyze first and then act everybody knows trend is up right now and still giving signals of short not at all... it will not happen market will retest somehow a little bit but its not compulsory so its better to hold urself where u are
$PEPE We also see that PEPE broke the 0.00000999 area, then jumped stronger to the 0.00001091 area, then to the resistance of 0.00001166, until it touched the strongest resistance area, 0.00001322. This is almost the most difficult resistance to break, but reaching it is considered a very large number. Now PEPE has a great opportunity to continue the rise to the maximum extent in the next 4H. Continue the rise. It is very difficult to reach the area of 0.00001250 or 0.00001270. It is very difficult to reach the area of 0.00001300 easily. PEPE must maintain the area of 0.00001166 expected after the close of the 4H correction, but we do not know if there is a continuation or not.$PEPE
Chairman Powell from the Fed: -Second Quarter Inflation Represents Progress with Three Better Readings. -The labor market is progressing with better balance. -If we see an unexpected weakening in the labor market, this will require our reaction. Chairman Powell from the Fed: -If we wait for inflation to drop to 2 percent, we will be waiting too long.$BTC
#MyFirstSquarePost Hello, Binance Square! Hello Guys 🤠 Follow my Advice ... Don't Do Trade in any exchange except of Binance . Because Binance is the Good and Largest Crypto Exchange in the World 🌎.