Common Scams on Binance P2P š
1) Fake Payment Proof:
Scammers may send fake payment proof, attempting to trick sellers into releasing cryptocurrencies before the actual payment is received.
2)Phishing Attempts:
Scammers may create fake websites or communication channels that appear to be from Binance to steal your login credentials or other sensitive information.
3)Chargeback Scams:
After completing a transaction, a scammer may file a chargeback with their bank, reversing the payment while keeping the cryptocurrency.
4)Overpayment Scams:
A buyer overpays and then asks for the difference to be refunded, but the initial payment was fraudulent.