PEER-TO-PEER (P2P) SCAMS ON BINANCE ‼️‼️‼️🚨🚨🚨
P2P scams occur when a buyer or seller on a platform like Binance P2P deceives or defrauds the other party.
COMMON P2P SCAMS TO WATCH OUT FOR
- Non-payment: Buyers don't pay for assets received
- Non-delivery: Sellers don't deliver assets after receiving payment
- Fake payment proof: Scammers provide manipulated payment evidence
REDUCING P2P SCAM RISKS ON BINANCE
1. Verify users: Check the user's rating, reviews, and verification level
2. Use secure payment methods: Opt for payment channels with built-in protections (e.g., bank transfers, credit cards
3. Avoid suspicious offers: Be cautious of unusually high or low prices
4. Communicate via platform: Use Binance's chat feature for all negotiations
5. Follow platform guidelines: Adhere to Binance's P2P trading rules and guidelines
6. Monitor transactions: Keep track of payment and asset transfer...
7. Report suspicious activity: Inform Binance support of any suspicious behavior
Remember, vigilance and caution are key to minimizing P2P scam risks on Binance.
#P2PScamWarning #P2PScamAwareness
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