What is altered proof of payment and how use scamer use against you in Binance P2P!
Altered proof of payment refers to a manipulated or fake payment receipt or screenshot used to deceive the other party in a transaction. Scammers may use altered proof of payment against you in Binance P2P trading by:
1. _Editing a screenshot_: Scammers may edit a genuine payment receipt to change the payment amount, date, or time.
2. _Creating a fake receipt_: Scammers may create a completely fake payment receipt using image editing software.
3. _Misrepresenting payment status_: Scammers may claim to have made a payment when they haven't, or claim a payment was successful when it wasn't.
Scammers may use altered proof of payment to:
1. _Obtain cryptocurrency without paying_: Scammers may provide an altered proof of payment to receive the cryptocurrency without actually making the payment.
2. _Delay or avoid payment_: Scammers may use altered proof of payment to convince the seller to delay or cancel the transaction.
3. _Gain trust_: Scammers may use altered proof of payment to build trust with the seller, making them more susceptible to further scams.
To protect yourself:
1. _Verify payment receipts_: Check payment receipts carefully for any inconsistencies or red flags.
2. _Use secure communication channels_: Only communicate through Binance's official chat or messaging channels.
3. _Monitor trade chat_: Keep an eye on the trade chat for any suspicious activity.
4. _Report suspicious activity_: If you suspect a scam, report it to Binance support immediately.
Remember, always be cautious when trading P2P and never let your guard down.