Hey everyone, I want to share a quick but serious warning if you're using Binance P2P. There’s a new scam going around that’s catching people off guard, and I don’t want anyone else to fall for it.
Here’s what’s happening:
A scammer places a buy order and sends a payment that looks legit.
Trusting what you see, you release your crypto.
Then, they reverse the payment through their bank – and just like that, both your crypto and the payment are gone.
Here’s how I protect myself – and how you can too:
Only trade with users who have the verified (blue) badge.
Always confirm payments directly in your banking app – don’t rely on SMS or email alerts alone.
Be skeptical of unusually high offers. If it feels too good to be true, it probably is.
Keep all communication inside the Binance P2P chat – it’s safer and leaves a record.
If anything feels off, hit the “Appeal” button right away and do not release your crypto until things are sorted.
Stay sharp out there, and let’s look out for each other. Please share this with anyone using Binance P2P – the more people know, the safer we all are.
The $1K TO$7K MOVES :WHY SMART TRADERS WAIT FOR THE RETEST
Y Title: The $1K to $7K Move: Why Smart Traders Wait for the Retest
$BTC $By [Abdul Manan], Contributor at Binance Blog
Markets reward patience — not panic. And if you're tired of getting stopped out on every fake breakout, this lesson might change the way you trade forever.
Just days ago, I made a single move that turned $1,000 into $7,000. No leverage gimmicks. No risky all-ins. Just a sniper-level execution based on one powerful principle: don't chase green candles — trade the retest.
$XRP Let’s Talk Numbers: Why a $500 XRP is Pure Fantasy
At Binance, we often see bold claims made about future token prices. One recurring example is the belief that XRP could reach $500 per coin. While optimism is great, let’s ground this idea in simple math and realistic market analysis.
Current Snapshot: Market Cap: $129.14 billion
Circulating Supply: 58.5 billion XRP
Current Price: ~$2.21 (as derived from the above)
Now, let’s stretch things a bit. Suppose the market cap doubles—a massive assumption already—and hits $260 billion. Even if the entire max supply is unlocked, XRP would only reach around $2.60.
Let’s push further. Keep the supply fixed at 58.5 billion and bump the market cap to $260 billion. That would give XRP a price of $4.44. Still nowhere near $500.
Now let's entertain a $10 target. To hit that, XRP would need:
A market cap of $1 trillion (with full supply)
Or if we keep the 58.5B circulating supply: $10.001 per token
But here’s the kicker—let’s assume the best-case scenario: supply stays at 58.5B and XRP reaches a $1 trillion market cap. The token price? $17.09
So, $500? To hit $500, XRP would require a market cap of nearly $29 trillion (yes, trillion)—almost 10x the current total crypto market cap, which hovers around $3 trillion.
The Bottom Line: The only thing holding up the $500 claim seems to be the word “adoption.” And while adoption is important, no amount of adoption can override basic market math.
At Binance, we encourage users to do their own research, run the numbers, and be cautious of hype without fundamentals. XRP has strong potential, but let's stay grounded in reality.
Would you like me to turn this into an image like the original post you mentioned?