P2P transactions are increasingly attracting scammers. Here are their methods and how to protect yourself:
How they do it:
1️⃣ Their initial approach: You, the victim, place an order on the P2P platform and make the payment in fiat currency to the scammer.
2️⃣ The trick: They contact you (often by phone or Telegram) to convince you to cancel the order in exchange for a supposed refund. In reality, they take advantage of this to sell or transfer your cryptocurrencies.
3️⃣ Spoofing: Some impersonate Binance customer support, tricking you into scanning a fraudulent QR code to access your account and cancel your trades.
How to protect yourself:
✅ Never cancel an order after payment.
✅ Always verify the authenticity of requests through official Binance channels.
✅ Never share your login information or scan any unverified QR codes.
Be vigilant, secure your assets and share these tips to protect the community.