👉👉👉 #P2PSafety : How to Recognize and Avoid Paid-but-Canceled #Scams
Main Takeaways:
The "paid-but-canceled" P2P scam involves scammers posing as crypto sellers who trick buyers into canceling their orders after payment, leading to financial loss.
Key Advice:
1. Never cancel a P2P order after payment unless you're sure it's legitimate.
2. If you suspect fraud after canceling an order on Binance P2P, immediately file an appeal with Binance’s Live Chat support.
Understanding the Scam:
- Scammers post attractive offers, initiate trades, and then convince buyers to cancel orders after payment by claiming errors or needing to restart the trade. Once canceled, the scammer disappears with the buyer’s money.
Protection Tips:
- Avoid canceling orders after payment.
- Be cautious of suspiciously good offers.
- Keep all communications on Binance and avoid sharing personal contact details.
If Scammed:
- Report the issue to Binance support immediately.
- Document all communications and transactions.
- Follow Binance’s guide to report the scam.
Source - binance.com
