ALARMING NEWS ALERT 🚨🚨 Again they face same problems🚨

In Pakistan, People's are encountered three P2P forward disputes on Binance, not due to buyer complaints, but because their accounts were blocked, which in turn led to my account being blocked. Each dispute had common factors: the buyers engaged in deals outside of Binance, received payments from others, bought USDT from me, and then sold it at a higher rate elsewhere.

In all three cases, the buyers were new and made transactions outside of Binance. They negotiated deals, received money from third parties, purchased USDT from me, and sold it without securing proof or sources of funds from those they transacted with.

Subsequently, the original senders of the funds filed fraud complaints against the buyers, resulting in the buyers' accounts being blocked and subsequently my account as well. In one dispute, after investigation, the payment was credited to my account as one buyer settled with the sender.

However, in the remaining two cases, the buyers did not settle, and I had to reverse the payments for the disputed transactions.Binance implements robust security measures for merchants, but many users try to buy USDT from Binance and sell it outside the platform. To ensure safer transactions when selling on Binance P2P, always obtain a video statement and the buyer's mobile number.

The CNIC is less valuable in these cases. A video statement provides more substantial evidence of a legitimate transaction. Alternatively, record a video of their transaction history from the last 24 hours. If the payment is received in their account, request the CNIC of the person who sent the funds, or cancel the trade. This approach is safer and helps to avoid disputes.

Taking these precautions will help protect your account and ensure more secure transactions on Binance P2P. It is crucial to stay vigilant and ensure all necessary evidence is collected to avoid the complications I experienced.

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