S
hocking scam experience was recently shared by one of my followers, and it's a crucial warning for anyone involved in P2P transactions. Here’s what happened and how you can safeguard your funds.The Shocking Story
A user was attempting to make a routine payment via UPI but encountered repeated errors. Frustrated, he contacted his bank only to discover a chilling truth—his bank account had been frozen due to non-legal funds!
The root of the problem? A P2P transaction with someone involved in fraud. As a result, everyone who transacted with that person faced account freezes too.
Lessons Learned: How to Avoid P2P Scams
Avoid High-Risk Traders: Do not transact with individuals who have:
Less than 50% trade success rate
Less than 95% completion rate
Verify Account Details: Always ensure the bank account holder's name matches the name on Binance or any other platform.
Take Action to Protect Your Funds
Scams like these can happen to anyone. Be vigilant and double-check your transactions to avoid falling victim.
If you’ve had similar experiences or know someone who has, share your story in the comments. Together, we can stay safe and informed!
Stay protected and secure your funds.
