‼️WARNING SCAM ON P2P‼️
Another user was unfortunately scammed on Binance's P2P platform, suffering a loss of $840. Here's how the events unfolded: the user logged into the app and accessed the P2P Express section to sell some of their bitcoins. The system automatically found a buyer. Confident in the reliability of Binance, the user accepted the transaction.
The buyer then requested that the cryptocurrency be released, promising to transfer the funds into fiat currency within five minutes. However, once the cryptocurrency was sent, the buyer ceased all communication and the funds disappeared from the user's P2P wallet. Only after this incident was the user able to view the buyer's profile, where he discovered several negative reviews and similar scam alerts. This was the user's first time using Binance P2P and the experience caused them significant financial problems.
To protect yourself against P2P scams:
1. 🔺 Favor reputable platforms: Stick to well-known P2P trading platforms like Binance.
2. 🔺 Verify payments: Always make sure that payments have arrived in your account before finalizing a transaction.
3. 🔺 Secure communication: Use the platform's secure messaging system and do not share your personal information prematurely.
4. 🔺 Get informed: Be aware of the latest scams and tactics used by fraudsters on P2P trading platforms.
Stay vigilant and protect yourself from these scams. Don't forget to share this information to help others stay safe!
