đ¨ WARNING: YOU COULD BE SCAMMED on Binance P2P if You Donât Follow These CRUCIAL STEPS! đ¨ â $USDC $SHIB $XRP
Binance P2P offers a convenient way to trade crypto, but the platform has its risks. Without the right precautions, you could easily fall prey to scammers. Hereâs how to protect yourself and secure your trades:
1ď¸âŁ Only Trade with Verified Users
Opt for verified traders with high completion rates. This badge is a critical marker of reliability and helps you avoid shady accounts with poor track records.
2ď¸âŁ NEVER Release Crypto Before Confirming Funds
Always confirm payment has landed directly in your bank account before releasing crypto. Payment screenshots can be faked, and once you click âRelease,â thereâs no going back.
3ď¸âŁ Use Binanceâs In-App Chat Exclusively
All communication should stay within the Binance app! This gives you a secure and trackable record if disputes ariseâdonât be lured into external chat apps.
4ď¸âŁ Beware of Reversible Payment Methods
Avoid payment methods like PayPal, which can sometimes be reversed, putting your funds at risk. Stick to safer options like bank transfers for extra protection.
5ď¸âŁ REPORT Any Suspicious Behavior FAST!
If something feels off, donât waitâreport it to Binance! The platform has systems to monitor for fraud, and by reporting, youâre helping keep the community safer.
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