"Urgent Warning: Binance P2P Disputes on the Rise 🚨❗
I'm sounding the alarm again as I face similar issues in Pakistan. Three P2P forward disputes on Binance have led to my account being blocked, despite no buyer complaints. The common thread: new buyers making transactions outside of Binance, receiving payments from third parties, buying USDT from me, and selling it at a higher rate elsewhere.
In each case, the original senders of the funds filed fraud complaints against the buyers, resulting in account blocks. While one dispute was resolved after investigation, the other two required me to reverse payments.
To avoid similar issues, I recommend obtaining a video statement and buyer's mobile number when selling on Binance P2P. A video statement provides stronger evidence of a legitimate transaction. Alternatively, record a video of their transaction history from the last 24 hours. If the payment is received, request the CNIC of the person who sent the funds or cancel the trade.
Taking these precautions will help protect your account and ensure more secure transactions on Binance P2P. Stay vigilant and collect necessary evidence to avoid complications.