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Attention traders! A new wave of scams is sweeping through the P2P marketplace, specifically targeting USDT holders. Scammers are getting increasingly sophisticated, and your hard-earned assets could be at risk. Stay cautious and take these essential steps to safeguard your funds. Hereās how to stay ahead of these fraudsters.
ā ļø Common Scam Tactics Targeting USDT:
1. Fake Payment Confirmations: Scammers send fake bank transfer proofs, making it look like theyāve paid. If you release your USDT before confirming, you may lose it.
2. Impersonating Buyers: With multiple fake profiles, scammers pose as genuine buyers. Once they receive your USDT, they vanish without making the payment.
3. Unrealistic Offers: Scammers lure you with offers too good to pass up, but they often change terms, leaving you without either payment or USDT.
š Tips to Secure Your USDT:
Trade with Verified Users: Only trade with verified users on Binance who have a solid transaction history. Avoid users with unverified profiles.
Wait for Payment Clearance: Donāt release your USDT based on screenshots or promises alone. Confirm payment has cleared in your bank account.
Use Binanceās Escrow Service: Binanceās escrow ensures funds are held until both parties confirm the transaction, adding a layer of security.
šØ What to Do If You Suspect Fraud: If anything seems suspicious, take immediate action. Report unusual activity directly through Binanceās platform. Your report can help protect other traders from these scammers.
Supporting the Binance Community
Fraud is a real threat, but with the right precautions, you can avoid becoming a victim
