Binance P2P users, be cautious! Paid-But-Canceled scams are targeting unsuspecting traders. Stay safe with these expert tips:
Scam Warning Signs:
- Sellers pushing for order cancellation after payment
- Claims of transaction issues or technical difficulties
- Requests for payment outside Binance
Safety Measures:
1. Verify seller reputation and ratings.
2. Use Binance's escrow service for secure transactions.
3. Keep conversations within Binance.
4. Report suspicious activity immediately.
Best Practices:
- Confirm refunds before canceling orders.
- Monitor account activity regularly.
- Secure account and password.
Stay Informed:
- Take Binance's Scam Prevention Knowledge Test.
- Follow Binance safety guidelines.
Protect your assets and trade with confidence.
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