🚨 BEWARE OF P2P SCAMS 🚨

Recently, there's been a surge in P2P scams across South America, especially on platforms like TikTok and Instagram. Scammers offer enticing cryptocurrency exchange rates well above market rates to lure users into transactions outside secure platforms.

How the Scam Works:

- Scammers post lucrative offers on social media for P2P crypto transactions.

- Users interested in the offers initiate contact with scammers.

- Scammers ask users to transfer cryptocurrency to a specified address.

- After the transfer, scammers disappear, leaving users unable to retrieve their assets.

Precautionary Measures:

- Use Trusted Platforms: Conduct P2P transactions only on reputable platforms like Binance.

- Verify Offers: Be cautious of unrealistic exchange rates; if it sounds too good to be true, it likely is.

- Avoid Direct Transfers: Never send cryptocurrency to unknown addresses outside secure platforms.

Report any suspicious activity to platform support or authorities promptly to protect yourself and others from scams.

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