A new and highly effective scam is spreading across Binance's P2P trading platform, targeting unsuspecting users. Here's what you need to know to stay safe:
โ ๏ธ How the Scam Operates:
You complete a P2P trade on Binance, and everything seems normal.
The scammer contacts your bank, falsely claiming that the payment was unauthorized.
Your bank, often without verifying the details, freezes your account.
The scammer demands a ransom (sometimes $200+) to โresolveโ the issue and get your account unfrozen.
Feeling desperate, many victims pay, losing both money and access to their accounts.
๐จ WARNING: SCAM CASES ON THE RISE!
Recent reports indicate that over 15 traders have been victimized, with the number of cases increasing rapidly. Don't fall into this trapโstay alert!
โ How to Protect Yourself from P2P Scams:
Trade Safely: Only trade with users who have completed 1,000+ transactions and maintain a 95%+ success rate.
Check Reviews: Be cautious of negative feedback and avoid users with warnings.
Read the Terms: Always review the buyer's conditions carefully before finalizing a trade.
#COSSocialFiRevolution #ETHETFsApproved #Write2Earn! #Megadrop #ScamRiskAlert $COS @Contentos-COS
