Scammers are increasingly targeting P2P transactions. Hereโs a breakdown of how these scams work and how you can protect yourself:
How Scammers Operate:
1. Initial Setup: The victim places an order and completes the fiat payment to the scammer.
2. Scammer Tactics: The scammer contacts the victim via phone or Telegram, urging them to cancel the order for a refund. Less vigilant users might comply, allowing the scammer to quickly transfer or sell all the cryptocurrency.
3. Advanced Deception: For more cautious users, scammers impersonate Binance customer support, convincing the victim to scan a Web Login QR code. This grants scammers access to the victimโs account, enabling them to cancel the order and steal the cryptocurrency.
Protect Yourself:
Never Cancel After Payment: Once youโve paid, never cancel the order.
Verify Requests: Always verify customer service requests through Binanceโs official channels.
Stay vigilant and protect your assets! ๐ก๏ธ
#CryptoSafetyMatters #COSSocialFiRevolution #Binance #P2PScamAwareness