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Avoid scams on Binance P2P Using These Safety Tips 📛
1. **Verify the user**: Check the user's verification level and reputation score. Higher levels and a good reputation reduce the risk.
2. **Use Binance's escrow service**: This service holds funds until the transaction is complete, protecting you from fraud.
3. **Be cautious of unusually low prices**: If a deal seems too good to be true, it probably is.
4. **Don't share personal info**: Never share personal information, such as passwords or credit card details.
5. **Use secure payment methods**: Stick to payment methods supported by Binance, like credit cards or bank transfers.
6. **Communicate through Binance's chat**: Avoid moving conversations to external platforms or sharing personal contact info.
7. **Double-check transaction details**: Ensure the amount, asset, and recipient's information are correct before confirming.
8. **Report suspicious users**: If you suspect a scammer, report them to Binance support immediately.
Always prioritize caution and follow these guidelines to minimize the risk of falling victim to scams in Binance P2P transactions.
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