How to Avoid Scams on Binance P2P?
📝 Verify the User
- Check the user's verification level and reputation score. Higher levels and a good reputation significantly reduce the risk of fraud.
👨🏻💻 Communicate Through Binance's Chat
- Always communicate within Binance's chat feature. Avoid moving conversations to external platforms or sharing personal contact info.
👨🏽💻 Use Binance's Escrow Service
- Utilize Binance's escrow service, which holds funds until the transaction is confirmed by both parties, providing an additional layer of security.
🤔 Double-Check Transaction Details
- Before confirming, meticulously verify the transaction details, including the amount, asset, and recipient's information to ensure accuracy.
👀 Be Cautious of Unusually Low Prices
- Deals that seem too good to be true often are. Exercise caution with offers that are significantly lower than the market rate.
🕵🏻♂️ Use Secure Payment Methods
- Stick to the payment methods supported by Binance, such as credit cards or bank transfers, to maintain security.
📝Don't Share Personal Info
- Never share personal information like passwords or credit card details with anyone during the transaction process.
🧑💻 Report Suspicious Users
- If you encounter a suspicious user or activity, report them to Binance's support immediately to help protect yourself and the community.
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