Scammers are increasingly targeting P2P transactions. Here's how they work:

1. Initial setup: Victim places an order and completes payment in fiat currency to the scammer.

2. Scam tactics: Scammers contact victims via phone or Telegram, urging them to cancel their orders.

3. Advanced scam: For more cautious users, the scammer poses as Binance customer support, tricking the victim into scanning the Web Login QR code. This gives the scammer access to the victim's account, allowing them to cancel orders and steal cryptocurrency.

Protect Yourself

- Once you have paid, never cancel your order.

- Always verify customer service requests through Binance's official channels.


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