A new scam targets Binance P2P transactions. Don't let scammers trap you! Here's the scam playbook and how to protect yourself:
Scam Playbook:
1. Seemingly smooth trade: Buyer's payment arrives, and everything appears normal.
2. Fraudulent dispute: Buyer contacts their bank, claiming the payment was fraudulent, and reverses the transaction.
3. Account blocked: Bank freezes your account without notifying you.
4. Scammer's trap: Scammer contacts you, pretending to "help" resolve the issue, and demands you return the money to "unlock" your account.
Stay Safe: 3 Simple Steps
1. Trade with trusted buyers: Only sell to buyers with a completion rate above 95% and at least 1,000 trades.
2. Read the reviews: Look for negative reviews and claims of scams or disputes.
3. Double-check terms: Pay attention to the buyer's conditions before proceeding.
Spread the Word
Share your story if you or someone you know has been scammed in a Binance P2P trade. Your experience can prevent someone else from falling victim.
Stay vigilant, trade smart, and protect your crypto!
