Another User Fell Victim of Binance P2P Scam 💔

User fell victim to a scam on Binance's P2P platform, resulting in a loss of $840.

Here's what happened: User accessed the app, navigated to the express P2P section, and initiated a sell order for a portion of BTC. The system automatically matched him with a buyer, and given his trust in Binance, he proceeded with the transaction.

The buyer requested that he releases the crypto and remain online for 5 minutes, promising to send the Fiat during this time. However, once he released his crypto, nothing transpired. The buyer ceased communication, and his crypto vanished from my P2P wallet.

It was only after this incident that he could view the individual's profile, which showed a history of % order fulfillment and similar scam reviews from multiple victims. This unfortunate experience occurred during his first use of Binance P2P, resulting in significant financial distress at the time.

To protect yourself from a P2P Scam:

🔺1. Use Reputable Platforms: Stick to well-known P2P trading platforms like Binance.

🔺2. Verify Payments: Always verify payments in your account before proceeding with a trade.

🔺3. Secure Communication: Use the platform's secure messaging system and avoid sharing personal contact information too early.

🔺4. Educate Yourself: Stay informed about the latest scams and tactics used by scammers in P2P trading.

Stay vigilant and protect yourself from falling victim to these scams! Remember to share and stay safe!"

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#ScamRiskWarning #P2PScam @Binance Risk Sniper