🚨HOW TO AVOID SCAMS ON BINANCE 🚨
4 major P2P scams on Binance in 2023 and how to avoid them
P2P payments make sending and receiving money online easy and secure. However, they can also be risky because scammers are always finding new ways to steal your money or personal information. In 2023, beware of these four major P2P scams on Binance, a popular platform for cryptocurrency trading and payments.
1. Overpayment scam
In this scam, the scammer sends you more money than you agreed on and asks you to send the additional amount back. For example, if you're selling something for $100 on Binance P2P, they might send you $150 worth of bitcoin or ETH and ask you to reimburse them $50. Once you submit your refund, they will reverse the original payment, leaving you with nothing.
How to avoid:
Never accept excessive payments from strangers. If someone sends you more money than expected, contact them to cancel the payment. Do not send back any funds until you are sure that payment is final and irreversible.
2. Fake job scam
Scammers post fake job listings online and contact you, offering jobs. They ask you to send money for training or background checks, promising to pay you back later. When you deposit funds, they disappear.
