How to spot and avoid scams in spot and P2P trading
Basic conclusions
Because user protection is a top priority for Binance, we have implemented complex and robust security measures across our ecosystem. But the first line of defense against fraud is still the user himself. When trading person to person, it is important to be aware of common scams so you can spot them.
Do not mark the transaction as complete until you have verified your account or cryptocurrency wallet and made sure you have received the funds you were supposed to from P2P trading.
Always record screenshots of all your transactions as proof of their completion. Feel free to report any suspicious behavior. You can read this through Binance instructions 💌
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