Will My Bank Account get frozen if I deal in P2P on Binance ?

ANSWER IS YES !! IF YOU DOING IN INDIA & PAKISTAN !!

I have been hearing that bank accounts in India / Pakistan are getting frozen due to crypto P2P Transactions. Is it a rare occasion that the bank account might freeze or if I deal in p2p I will surely get my banks frozen?

It's definitely a valid concern, and you’re not alone in asking this. In India, some people have reported issues with banks due to crypto transactions, especially P2P on platforms like Binance.

While it’s not guaranteed that your account will get frozen, there have been cases where banks have flagged or frozen accounts involved in large or frequent crypto-related transactions.

To stay on the safer side, it might be a good idea to use a bank that’s known to be more crypto-friendly, or you can consider breaking up your transactions into smaller amounts to avoid drawing attention.

Also, double-check any regulations and policies with your bank. Proceed with caution, and if you’re uncertain, it might help to explore alternative ways to cash out.

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