Avoid Paid-But-Canceled Scams on Binance P2P: Expert Tips

Binance P2P users, beware! Paid-But-Canceled scams are on the rise. Learn how to identify and avoid these scams to protect your assets.

Scam Alert:

A seller convinces a buyer to cancel an order after payment, citing transaction issues. The scammer keeps both payment and cryptocurrency.

Safety Precautions:

1. Confirm refunds before canceling orders.

2. Report suspicious activity to Binance support.

3. Keep conversations on Binance.

4. File appeals for unresolved transactions.

Best Practices:

- Verify seller reputation.

- Use Binance's escrow service.

- Secure account and passwords.

- Monitor account activity.

Stay informed, stay safe:

- Take Binance's Scam Prevention Knowledge Test.

- Follow Binance safety guidelines.

Protect your assets and trade confidently.

#BinanceLaunchpoolCATI #scamprevention #BinanceLaunchpoolHMSTR #P2PTradingTips #BinanceTurns7