The easiest ways to lose money on Binance P2P

#Binance created the peer to peer market place (P2P) to help users source #cryptocurrency by buying and selling to their peers directly. This is very important in countries like #Nigeria where the government has imposed very tough #crypto sanctions that prevents the citizens from freely accessing crypto.

Using the P2P market is supposedly an easy task, and Binance took some extra steps to ensure security, but there are a couple of things to make users lose money and below is a few

* Paying with an account with names different from the one on Binance.

* Falling for users who engage in #P2PScam by releasing assets without confirming receipt of funds

* Paying into an account different from the sellers account.

There could be others but these are the most common ones, stay safe.