Another Binance P2P Scam Victim's Heartbreaking Story 💔

Recently, a user experienced a devastating scam on Binance's P2P platform, resulting in an $840 loss. Here's what transpired: The user accessed the app and initiated a sell order for a portion of BTC through the express P2P section. The system automatically matched him with a buyer, and trusting in Binance's reliability, he proceeded with the transaction.

The buyer requested that he release the crypto and stay online for 5 minutes, assuring him of sending the Fiat during this period. Unfortunately, once he released his crypto, nothing happened. The buyer abruptly stopped communicating, and his crypto vanished from his P2P wallet. To add to the distress, he discovered that the buyer's profile had a history of low order fulfillment and similar scam reports from other victims.

This unfortunate incident occurred during his first use of Binance P2P, causing significant financial strain. To prevent falling victim to such scams, here are some essential tips:

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

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

🔺 Secure Communication: Utilize the platform's secure messaging system and avoid sharing personal contact information prematurely.

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

Stay vigilant and protect yourself from these scams! Remember to share these tips to keep others safe.#Shania_kosar

#ScamRiskWarning #P2PScam @Shania_kosar