Scammers are targeting Binanceâs P2P transactions more aggressively than ever. Hereâs what you need to know to protect yourself:
â ïž **Scam Alerts:**
- **Fake Payment Notifications:** Watch out for deceptive SMS or email alerts that look like real bank or e-wallet notifications. These can trick you into thinking payment has been completed when no funds have actually been transferred! đ«
- **Chargeback Scams:** Scammers might complete the transaction but later reverse the payment, leaving you out of your crypto or money! đĄ (Source: BitPinas, Binance)
đĄ **How to Stay Safe:**
- **Verify Payments Directly:** Always check your bank or wallet balance yourself. Donât rely on SMS or email alertsâlog in and confirm before releasing your crypto.
- **Communicate Only on Binance:** Keep all discussions within the Binance platform. Requests to move conversations elsewhere are often red flags. đ€
- **Double-Check Details:** Ensure the buyerâs name matches their verified Binance account. If it doesnât, đ« donât proceed!
đȘ **Stay Vigilant and Secure Your Assets!** Follow these steps to safeguard yourself from scams and ensure your trades are safe.
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