SCAMS ON THE RISE IN P2P TRADING IN
PAKISTAN
Attention, Binance community! 🚨 P2P trading in Pakistan is facing a troubling surge in scams, particularly affecting those buying and selling USDT. Scammers are getting crafty, exploiting transaction verification loopholes and bank processes to trap unsuspecting traders.
How does this scam work? Scammers purchase USDT and then falsely report the transaction to their bank, leading to account blocks for the innocent seller. This alarming tactic has resulted in numerous accounts being frozen, causing significant disruption for traders.
Protect Yourself:
Verify Payments: Always check your bank account before releasing any crypto. Don’t take chances!
Stay Within Official Channels: Use the platform’s official chat and payment systems to utilize protection features like escrow.
Avoid Off-Platform Transactions: Stick to trusted P2P platforms to minimize your exposure to fraud.
Stay Alert and Report Suspicious Activity! Together, we can create a safer trading environment for everyone in the P2P community.
Let's keep our crypto journey secure!
