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P2P Safety Tips For New Users ✔️
1. **Verify Payment**:
Ensure the payment has been received in your account and confirmed by your bank before releasing any cryptocurrency.
2. **Use Binance Escrow Service**:
Utilize Binance's escrow service to guarantee that both parties fulfill their obligations.
3. **Check User Ratings and Feedback**:
Review the ratings and feedback of the person you are trading with to assess their reliability.
4. **Secure Your Account**:
Enable two-factor authentication (2FA) and other security measures to protect your Binance account.
5. **Communicate Within the Platform**:
Keep all communications within Binance's P2P platform to maintain an official record in case of disputes.
6. **Be Cautious of Phishing Attempts**:
Always check URLs and ensure you are logging into the official Binance website. Avoid clicking on suspicious links.
#### Reporting Scams
If you encounter any suspicious activity or fall victim to a scam, report it to Binance support immediately. Providing detailed information and evidence can help Binance take action against the scammer and possibly recover your funds. Staying informed and cautious is key to avoiding scams on any P2P trading platform.
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