$ETH Binance P2P has seen various types of scams, often targeting users' trust and manipulating transaction processes. Some common scams include:
1.Fake Payment Confirmations:
Scammers send fake SMS or email confirmations claiming payment has been made, prompting the victim to release crypto without verifying the actual receipt of funds.
2.Chargeback Scams: Scammers use reversible payment methods, such as credit cards, and initiate chargebacks after receiving the cryptocurrency, leaving the seller without payment.
3.Man-in-the-Middle Scams: The scammer tricks a victim into believing they are trading with a legitimate buyer or seller, but the scammer intercepts the transaction details and reroutes the funds to their account.
4.Triangular Scams: Scammers use multiple accounts to create confusion and convince sellers to release funds to the wrong party, exploiting the complexity of multiple transactions.
5.Bank Reversal Scams: After the seller releases the crypto, the scammer contacts their bank to reverse the transaction, claiming fraud or error, which leaves the seller without payment and their crypto gone.
Preventive Measures:
1.Always confirm receipt of funds directly through your bank or e-wallet before releasing cryptocurrency.
2.Avoid communicating outside the Binance P2P platform to prevent man-in-the-middle attacks.
3.Be wary of transactions involving third-party accounts or unverified payment methods.
4.Capture screenshots and maintain transaction records to support any dispute claims.
If you suspect you’ve been scammed, report the incident to Binance customer support immediately, and provide all transaction details and evidence. Additionally, contact your bank and relevant authorities to take further action.