P2P scams on Binance and other exchanges, newcomers need to be cautious
P2P trading on Binance offers many benefits to users, but it also carries many risks, especially for newcomers. Some common forms of scams that you need to be aware of include:
1. Fake websites: Scammers can create fake websites that look like Binance to lure users into entering personal information or conducting transactions. Always ensure that you are accessing the official website.
2. Impersonating support staff: Scams can involve someone impersonating a Binance support staff member, asking for sensitive information from you like an OTP code. Only contact support through Binance's official channels.
3. Fake receipts: Scammers may send you edited images proving that they have transferred money, while in reality, no transaction has occurred. You should check your bank account before confirming any transaction.
4. Insufficient transfers: Some individuals may transfer insufficient or incorrect amounts to take advantage of you. Always carefully check the amount that has been transferred to your account.
5. Clicking on strange links: Avoid opening any links of unknown origin, as they may lead to scam sites.
To protect yourself, always be cautious, understand the trading process, and only conduct transactions through reputable platforms.