P2PScamAwareness
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Beware of Crypto P2P Scams
Peer-to-peer (P2P) cryptocurrency trading offers flexibility, but it also attracts scammers. Stay vigilant and follow these precautions:
1. Fake Payment Proofs – Scammers send edited screenshots of payment confirmations without actually transferring funds. Always verify transactions on your wallet or bank account.
2. Chargeback Fraud – A buyer pays via reversible methods (e.g., PayPal, credit card) and later claims a refund, leaving you without funds.
3. Impersonation Scams – Fraudsters pose as trusted traders or support representatives to deceive users. Verify identities before proceeding.
4. Phishing Links – Scammers send fake website links that steal your login credentials. Avoid clicking on unknown links.
#P2PScamAwareness
5. Overpayment Trap – A scammer sends extra funds and later demands a refund, tricking you into paying them back while reversing the original transaction.
6. Escrow Manipulation – Always use a trusted escrow service to ensure fair transactions.
#scamriskwarning
Stay alert and trade safely!
Peer-to-peer (P2P) cryptocurrency trading offers flexibility, but it also attracts scammers. Stay vigilant and follow these precautions:
1. Fake Payment Proofs – Scammers send edited screenshots of payment confirmations without actually transferring funds. Always verify transactions on your wallet or bank account.
2. Chargeback Fraud – A buyer pays via reversible methods (e.g., PayPal, credit card) and later claims a refund, leaving you without funds.
3. Impersonation Scams – Fraudsters pose as trusted traders or support representatives to deceive users. Verify identities before proceeding.
4. Phishing Links – Scammers send fake website links that steal your login credentials. Avoid clicking on unknown links.
#P2PScamAwareness
5. Overpayment Trap – A scammer sends extra funds and later demands a refund, tricking you into paying them back while reversing the original transaction.
6. Escrow Manipulation – Always use a trusted escrow service to ensure fair transactions.
#scamriskwarning
Stay alert and trade safely!
🚨P2P Charge back Scams🚨
One of the most prevalent scams in P2P trading is the charge back scam. In this scheme, a scammer initiates a trade, sends money to the seller, receives the cryptocurrency, and later reverses the payment using their bank’s charge back mechanism. This leaves the seller without funds and without their crypto.
⚠️ To avoid such sorts of scams, always use proper channels or exchanges to do such deals.
📢 Another type of scam that is getting attention in South Asian regions is In-person buying and selling of crypto which is really dangerous.
There was a case in Pakistan in which a person was robbed of all his crypto assets on gunpoint just because of this in-person meetings
☢️ It's better to spend some cents rather than losing all of your assets...
#P2PScam #P2PScamAwareness
One of the most prevalent scams in P2P trading is the charge back scam. In this scheme, a scammer initiates a trade, sends money to the seller, receives the cryptocurrency, and later reverses the payment using their bank’s charge back mechanism. This leaves the seller without funds and without their crypto.
⚠️ To avoid such sorts of scams, always use proper channels or exchanges to do such deals.
📢 Another type of scam that is getting attention in South Asian regions is In-person buying and selling of crypto which is really dangerous.
There was a case in Pakistan in which a person was robbed of all his crypto assets on gunpoint just because of this in-person meetings
☢️ It's better to spend some cents rather than losing all of your assets...
#P2PScam #P2PScamAwareness
SHARE THIS WITH EVERYONE!!
Official anti P2P scam safety tips from the Binance Discord!
Bookmark and follow me to stay ahead of everyone.
#P2PScamWarning #BERAonBinance #BTCNextATH #P2PScamAwareness $TRUMP $BERA
Official anti P2P scam safety tips from the Binance Discord!
Bookmark and follow me to stay ahead of everyone.
#P2PScamWarning #BERAonBinance #BTCNextATH #P2PScamAwareness $TRUMP $BERA
BEATING P2P SCAMS
Bookmark this.Share with your friends.Stay safe guys.Follow me for staying ahead of the crowd
Everyone beware of this person. A Trader. He is a total fraud and begherat scammer. Don't deal with this buyer.#fraud #P2PScamAwareness #P2PScam #p2p-scams
Stay ahead of P2P Scams ⚠️
Hey Fam! Let's have a quick chat about something super important: staying safe during P2P (peer-to-peer) trades. Scammers are getting craftier, especially when it comes to P2P transactions. Here's a breakdown of their sneaky tactics and some friendly advice on how to keep your crypto secure.
• Scammer Playbook:
- 1. The Setup: You initiate a P2P trade and make the fiat payment to the seller (who's actually a scammer).
- 2. The Switcheroo: The scammer reaches out via phone or Telegram, asking you to cancel the order for a refund. If you agree, they can swiftly move or sell the crypto, leaving you empty-handed.
- 3. The Impersonation: For those who are more cautious, scammers might pretend to be Binance customer support, convincing you to scan a Web Login QR code. This gives them access to your account, allowing them to cancel the order and swipe your crypto.
• Protect Your Assets:
- Stick to the Plan: Once you've made the payment, don't cancel the order. Cancelling can open the door for scammers to exploit the situation.
- Verify, Verify, Verify: If someone claiming to be from Binance contacts you, always double-check through Binance's official channels. Better safe than sorry!
Remember, staying alert and informed is your best defense against scams. Happy trading, and keep your crypto safe!
#Binance #P2PScamAwareness #Write2Earn #BinanceSquareFamily #DollarRally110
Hey Fam! Let's have a quick chat about something super important: staying safe during P2P (peer-to-peer) trades. Scammers are getting craftier, especially when it comes to P2P transactions. Here's a breakdown of their sneaky tactics and some friendly advice on how to keep your crypto secure.
• Scammer Playbook:
- 1. The Setup: You initiate a P2P trade and make the fiat payment to the seller (who's actually a scammer).
- 2. The Switcheroo: The scammer reaches out via phone or Telegram, asking you to cancel the order for a refund. If you agree, they can swiftly move or sell the crypto, leaving you empty-handed.
- 3. The Impersonation: For those who are more cautious, scammers might pretend to be Binance customer support, convincing you to scan a Web Login QR code. This gives them access to your account, allowing them to cancel the order and swipe your crypto.
• Protect Your Assets:
- Stick to the Plan: Once you've made the payment, don't cancel the order. Cancelling can open the door for scammers to exploit the situation.
- Verify, Verify, Verify: If someone claiming to be from Binance contacts you, always double-check through Binance's official channels. Better safe than sorry!
Remember, staying alert and informed is your best defense against scams. Happy trading, and keep your crypto safe!
#Binance #P2PScamAwareness #Write2Earn #BinanceSquareFamily #DollarRally110
How to Protect Yourself from P2P Scams: 5 Tips and Alerts
$ETH
Peer-to-Peer (P2P) trading is a popular way to buy and sell cryptocurrency directly with other users. While Binance’s P2P platform is secure, scammers still attempt to exploit unsuspecting traders. Here’s how to stay safe and protect your assets.
🛡️ 5 Ways to Protect Yourself from P2P Scams
1. Always Use Verified Platforms
Stick to reputable platforms like Binance P2P, which provide an escrow service to protect your transactions. Avoid trading outside the platform, even if the other party seems trustworthy.
💡 Why It’s Important: Escrow ensures funds are only released when both parties meet the trade’s terms.
2. Verify the Buyer/Seller’s Reputation
Before trading, check the other party’s:
Rating and reviews: Look for high ratings and positive feedback.Trading history: Avoid users with little to no trading activity or suspicious behavior.
💡 Tip: Use the "Verified" or "Trusted Merchant" feature on Binance P2P for added safety.
3. Double-Check Payment Details
$XRP
$BNB
Ensure the payment is received in your account before releasing crypto.
Check for cleared funds in your bank account or wallet (not just a payment notification).Match the name on the payment with the buyer’s details on Binance.
⚠️ Common Scam: Fake payment screenshots or canceled transactions after marking them as "Paid."
4. Beware of Social Engineering Tricks
Scammers often use emotional manipulation or fake urgency to trick you.
Don’t let anyone pressure you into completing a trade quickly.Avoid sharing personal information like your email, phone number, or wallet address outside the platform.
💡 Example: Scammers may claim to have “urgent family issues” to rush the trade.
5. Enable Two-Factor Authentication (2FA)
Add an extra layer of security to your Binance account.
Use Google Authenticator or SMS-based 2FA to secure your account.Never share your 2FA codes with anyone.
⚠️ Warning: Scammers may impersonate Binance support to ask for your codes. Binance will never request sensitive information.
⚠️ Common P2P Scam Alerts
Fake Payment Proofs:
Scammers may upload fake payment screenshots and mark the transaction as "Paid." Always verify the payment in your account directly.Overpayment Scams:
The scammer intentionally “overpays” and asks you to refund the extra amount. This could be part of a chargeback scam.Impersonation of Binance Staff:
Be cautious of users claiming to be Binance employees offering “help” during a trade. Binance support will only communicate through official channels.Off-Platform Deals:
Some scammers offer a “better rate” if you complete the trade outside Binance. Doing so forfeits the protection of the escrow service.Phishing Links:
Never click on unknown links shared in chats, as they may lead to phishing websites designed to steal your credentials.
🚨 Final Tips for Staying Safe
Trade only on Binance’s secure P2P platform with escrow protection.Always verify payment details before releasing funds.Enable account security features like 2FA.Stay informed about common scams and red flags.
Your safety is in your hands. Be cautious, stay alert, and happy trading!
#GMTBurnVote #ScamAware #P2PScamAwareness #CryptoRegulation2025 #Crypto2025Trends
Peer-to-Peer (P2P) trading is a popular way to buy and sell cryptocurrency directly with other users. While Binance’s P2P platform is secure, scammers still attempt to exploit unsuspecting traders. Here’s how to stay safe and protect your assets.
🛡️ 5 Ways to Protect Yourself from P2P Scams
1. Always Use Verified Platforms
Stick to reputable platforms like Binance P2P, which provide an escrow service to protect your transactions. Avoid trading outside the platform, even if the other party seems trustworthy.
💡 Why It’s Important: Escrow ensures funds are only released when both parties meet the trade’s terms.
2. Verify the Buyer/Seller’s Reputation
Before trading, check the other party’s:
Rating and reviews: Look for high ratings and positive feedback.Trading history: Avoid users with little to no trading activity or suspicious behavior.
💡 Tip: Use the "Verified" or "Trusted Merchant" feature on Binance P2P for added safety.
3. Double-Check Payment Details
$XRP
$BNB
Ensure the payment is received in your account before releasing crypto.
Check for cleared funds in your bank account or wallet (not just a payment notification).Match the name on the payment with the buyer’s details on Binance.
⚠️ Common Scam: Fake payment screenshots or canceled transactions after marking them as "Paid."
4. Beware of Social Engineering Tricks
Scammers often use emotional manipulation or fake urgency to trick you.
Don’t let anyone pressure you into completing a trade quickly.Avoid sharing personal information like your email, phone number, or wallet address outside the platform.
💡 Example: Scammers may claim to have “urgent family issues” to rush the trade.
5. Enable Two-Factor Authentication (2FA)
Add an extra layer of security to your Binance account.
Use Google Authenticator or SMS-based 2FA to secure your account.Never share your 2FA codes with anyone.
⚠️ Warning: Scammers may impersonate Binance support to ask for your codes. Binance will never request sensitive information.
⚠️ Common P2P Scam Alerts
Fake Payment Proofs:
Scammers may upload fake payment screenshots and mark the transaction as "Paid." Always verify the payment in your account directly.Overpayment Scams:
The scammer intentionally “overpays” and asks you to refund the extra amount. This could be part of a chargeback scam.Impersonation of Binance Staff:
Be cautious of users claiming to be Binance employees offering “help” during a trade. Binance support will only communicate through official channels.Off-Platform Deals:
Some scammers offer a “better rate” if you complete the trade outside Binance. Doing so forfeits the protection of the escrow service.Phishing Links:
Never click on unknown links shared in chats, as they may lead to phishing websites designed to steal your credentials.
🚨 Final Tips for Staying Safe
Trade only on Binance’s secure P2P platform with escrow protection.Always verify payment details before releasing funds.Enable account security features like 2FA.Stay informed about common scams and red flags.
Your safety is in your hands. Be cautious, stay alert, and happy trading!
#GMTBurnVote #ScamAware #P2PScamAwareness #CryptoRegulation2025 #Crypto2025Trends
To protect yourself from P2P scams on Binance, it's essential to take a proactive approach.
$BTC $ETH $XRP
Start by verifying the buyer/seller's profile, checking for verified badges, high reputation scores, and a sufficient number of successful trades. Research the user's feedback, reading comments from other users to identify any potential red flags. Be cautious of users with low reputation scores or a history of negative feedback.
When engaging in a trade, use Binance's escrow service to ensure the transaction is protected. This holds the payment until the trade is confirmed, providing an added layer of security. Communicate with the buyer/seller through Binance's chat, avoiding sharing personal contact information or communicating outside of the platform. Be wary of unusual payment requests, such as making payments outside of Binance's platform or using unconventional payment methods.
Scammers often try to create a sense of urgency to pressure victims into making hasty decisions. Be cautious of low prices, as they may be a scam. Watch for urgent or threatening messages, and be wary of fake or photoshopped images. Verify the authenticity of any images or documents shared by the buyer/seller.
In addition to these precautions, set up 2-factor authentication (2FA) to add an extra layer of security to your Binance account. Use strong passwords and keep them confidential, protecting your account credentials from unauthorized access. Regularly monitor your account activity, checking for any suspicious transactions or activity.
If you do fall victim to a scam, report the incident to Binance support immediately. Provide detailed information, including chat logs and transaction IDs, and cooperate with Binance's investigation to help prevent future scams. By staying vigilant and taking these necessary precautions, you can significantly reduce the risk of falling victim to P2P scams on Binance.
#P2PScam #P2PScamAwareness #P2P #P2PTrading
$BTC $ETH $XRP
Start by verifying the buyer/seller's profile, checking for verified badges, high reputation scores, and a sufficient number of successful trades. Research the user's feedback, reading comments from other users to identify any potential red flags. Be cautious of users with low reputation scores or a history of negative feedback.
When engaging in a trade, use Binance's escrow service to ensure the transaction is protected. This holds the payment until the trade is confirmed, providing an added layer of security. Communicate with the buyer/seller through Binance's chat, avoiding sharing personal contact information or communicating outside of the platform. Be wary of unusual payment requests, such as making payments outside of Binance's platform or using unconventional payment methods.
Scammers often try to create a sense of urgency to pressure victims into making hasty decisions. Be cautious of low prices, as they may be a scam. Watch for urgent or threatening messages, and be wary of fake or photoshopped images. Verify the authenticity of any images or documents shared by the buyer/seller.
In addition to these precautions, set up 2-factor authentication (2FA) to add an extra layer of security to your Binance account. Use strong passwords and keep them confidential, protecting your account credentials from unauthorized access. Regularly monitor your account activity, checking for any suspicious transactions or activity.
If you do fall victim to a scam, report the incident to Binance support immediately. Provide detailed information, including chat logs and transaction IDs, and cooperate with Binance's investigation to help prevent future scams. By staying vigilant and taking these necessary precautions, you can significantly reduce the risk of falling victim to P2P scams on Binance.
#P2PScam #P2PScamAwareness #P2P #P2PTrading
🚨 Stay Safe on Binance P2P: Avoid Scams Like a Pro! 🚨
With the rise of cryptocurrency, peer-to-peer (P2P) trading has surged in popularity, especially on platforms like Binance. P2P trading offers the flexibility to buy and sell crypto directly with others, but, like any form of online trading, it’s not without its risks. Scammers are lurking, and it’s crucial to know how to spot their tricks and protect your assets. Here’s everything you need to know about the common scams on Binance P2P and the best ways to keep your trades secure.
🛡️Understanding P2P Trading on Binance
Binance’s P2P platform allows users to trade crypto directly, bypassing middlemen and making transactions faster and more flexible. Buyers and sellers post listings, set prices, and negotiate terms directly. Plus, Binance provides an escrow service, adding a layer of security by holding crypto until both parties complete their parts of the deal.
But while Binance has built-in safeguards, the platform’s open nature also attracts scammers looking to exploit unsuspecting users. Let’s dive into the common types of P2P scams and how you can stay ahead of the game.
🔍 Spotting the Scammers: Common P2P Scams to Watch Out For
1. Fake Payment Notifications
• How It Works: Scammers claim they’ve sent the payment, showing fake bank transaction screenshots to pressure you into releasing your crypto before the payment actually clears.
• Why It’s Dangerous: Once you release the crypto, there’s no turning back. Without verifying the funds, you could lose your assets to this simple but effective trick.
2. Overpayment Scams
• How It Works: Here, the buyer “accidentally” overpays and requests a refund. While the initial payment may look legitimate, it can later be reversed, leaving you with neither crypto nor money.
• Why It’s Dangerous: This tactic preys on sellers’ goodwill and can leave them without any funds once the payment is canceled.
3. Account Takeovers
. How It Works: Through phishing and other tactics, scammers gain access to users’ Binance accounts, conducting unauthorized P2P trades and causing financial havoc.
• Why It’s Dangerous: If scammers control your account, they can drain your funds or make risky trades, leading to huge losses.
4. Impersonation
• How It Works: Scammers pose as trusted buyers or sellers, often creating profiles that look legitimate to trick users into trusting them.
• Why It’s Dangerous: These fake identities can mislead even experienced traders, leading to fraudulent transactions.
🔒 How to Protect Yourself on Binance P2P
1. Verify Payment Proof 🔍
• Never release your crypto until you’ve confirmed payment. Check your bank or payment app directly rather than relying on screenshots or verbal confirmations.
2. Use the Escrow Service 🛡️
• Binance’s escrow system holds the crypto until both parties fulfill their obligations, adding an extra layer of safety. Always complete transactions through this service.
3. Check User Reputation 🌟
• On Binance, you can see users’ transaction history and feedback from other traders. Only deal with highly-rated users to minimize risk.
4. Be Wary of Overpayments ⚠️
• If a buyer insists on overpaying, it’s usually a red flag. Decline such offers or proceed with extreme caution, as overpayment is a common scam tactic.
5. Secure Your Account 🔐
• Use strong passwords and enable Two-Factor Authentication (2FA) to protect your Binance account from unauthorized access. These small steps can go a long way in keeping scammers out.
🚨 Bottom Line: Don’t Let Scammers Ruin Your P2P Experience
P2P trading on Binance can be safe, fast, and rewarding if you stay vigilant. Scammers are constantly devising new ways to trick users, so awareness and caution are your best defenses. By following these tips, you can protect yourself and enjoy the benefits of secure, direct crypto transactions on Binance’s P2P platform.
Stay safe, trade smart, and keep these security tips in mind to safeguard your assets. For more insights and updates on safe trading practices, be sure to follow my posts and stay informed!#P2PScamAwareness #USJobOpeningsDip #CryptoAMA #CryptoPreUSElection #16thBTCWhitePaperAnniv
🛡️Understanding P2P Trading on Binance
Binance’s P2P platform allows users to trade crypto directly, bypassing middlemen and making transactions faster and more flexible. Buyers and sellers post listings, set prices, and negotiate terms directly. Plus, Binance provides an escrow service, adding a layer of security by holding crypto until both parties complete their parts of the deal.
But while Binance has built-in safeguards, the platform’s open nature also attracts scammers looking to exploit unsuspecting users. Let’s dive into the common types of P2P scams and how you can stay ahead of the game.
🔍 Spotting the Scammers: Common P2P Scams to Watch Out For
1. Fake Payment Notifications
• How It Works: Scammers claim they’ve sent the payment, showing fake bank transaction screenshots to pressure you into releasing your crypto before the payment actually clears.
• Why It’s Dangerous: Once you release the crypto, there’s no turning back. Without verifying the funds, you could lose your assets to this simple but effective trick.
2. Overpayment Scams
• How It Works: Here, the buyer “accidentally” overpays and requests a refund. While the initial payment may look legitimate, it can later be reversed, leaving you with neither crypto nor money.
• Why It’s Dangerous: This tactic preys on sellers’ goodwill and can leave them without any funds once the payment is canceled.
3. Account Takeovers
. How It Works: Through phishing and other tactics, scammers gain access to users’ Binance accounts, conducting unauthorized P2P trades and causing financial havoc.
• Why It’s Dangerous: If scammers control your account, they can drain your funds or make risky trades, leading to huge losses.
4. Impersonation
• How It Works: Scammers pose as trusted buyers or sellers, often creating profiles that look legitimate to trick users into trusting them.
• Why It’s Dangerous: These fake identities can mislead even experienced traders, leading to fraudulent transactions.
🔒 How to Protect Yourself on Binance P2P
1. Verify Payment Proof 🔍
• Never release your crypto until you’ve confirmed payment. Check your bank or payment app directly rather than relying on screenshots or verbal confirmations.
2. Use the Escrow Service 🛡️
• Binance’s escrow system holds the crypto until both parties fulfill their obligations, adding an extra layer of safety. Always complete transactions through this service.
3. Check User Reputation 🌟
• On Binance, you can see users’ transaction history and feedback from other traders. Only deal with highly-rated users to minimize risk.
4. Be Wary of Overpayments ⚠️
• If a buyer insists on overpaying, it’s usually a red flag. Decline such offers or proceed with extreme caution, as overpayment is a common scam tactic.
5. Secure Your Account 🔐
• Use strong passwords and enable Two-Factor Authentication (2FA) to protect your Binance account from unauthorized access. These small steps can go a long way in keeping scammers out.
🚨 Bottom Line: Don’t Let Scammers Ruin Your P2P Experience
P2P trading on Binance can be safe, fast, and rewarding if you stay vigilant. Scammers are constantly devising new ways to trick users, so awareness and caution are your best defenses. By following these tips, you can protect yourself and enjoy the benefits of secure, direct crypto transactions on Binance’s P2P platform.
Stay safe, trade smart, and keep these security tips in mind to safeguard your assets. For more insights and updates on safe trading practices, be sure to follow my posts and stay informed!#P2PScamAwareness #USJobOpeningsDip #CryptoAMA #CryptoPreUSElection #16thBTCWhitePaperAnniv
⚠️⚠️⚠️ What to Do If You Get Scammed on Binance P2P: ⚠️⚠️⚠️
Act Fast: Report the scam to Binance support right away.
Gather Evidence: Share all transaction details, chat logs, and screenshots with Binance.
Alert Your Bank: Contact your bank or payment provider to try reversing the transaction.
Secure Your Account: Change your Binance password and enable 2FA.
Report to Authorities: File a complaint with local law enforcement or cybercrime units.
Keep Records: Save all communication with Binance and authorities.
Stay Calm: Stay focused and follow the recovery process.
Binance Support Will:
Freeze the scammer's account.
Investigate the incident.
Try to reverse the transaction.
Additional Tips:
File a Dispute: If possible, dispute the charge with your payment provider.
Get Legal Help: Consult a lawyer for advice on your situation.
Remember: Quick action and clear communication are key.
#P2PScamAwareness #P2PScamWarning #P2PScamPrevention #P2PScams #P2PTradingTips
Act Fast: Report the scam to Binance support right away.
Gather Evidence: Share all transaction details, chat logs, and screenshots with Binance.
Alert Your Bank: Contact your bank or payment provider to try reversing the transaction.
Secure Your Account: Change your Binance password and enable 2FA.
Report to Authorities: File a complaint with local law enforcement or cybercrime units.
Keep Records: Save all communication with Binance and authorities.
Stay Calm: Stay focused and follow the recovery process.
Binance Support Will:
Freeze the scammer's account.
Investigate the incident.
Try to reverse the transaction.
Additional Tips:
File a Dispute: If possible, dispute the charge with your payment provider.
Get Legal Help: Consult a lawyer for advice on your situation.
Remember: Quick action and clear communication are key.
#P2PScamAwareness #P2PScamWarning #P2PScamPrevention #P2PScams #P2PTradingTips
#important
There are number of scam activity in India involving P2P trading.
Recently, one of my friend sold around 3,000 USDT through P2P transactions to various individuals in different locations.
Unfortunately, all the payments he received via UPI turned out to be fraudulent.
The funds he received in his bank accounts were flagged, and the received amount have been frozen.
When he requested a transaction report from the bank, it included the contact number of a police officer from the police station where the scam was originated.
However, when we contacted the police, they were uncooperative and ignored our requests. we were informed that if the police issue a No Objection Certificate, the frozen funds could be released, but we are receiving no support from the police in this matter.
So, be cautious while selling through P2P platforms. Ensure you verify transactions thoroughly and only trade with trusted parties to avoid such issues.
Wish you guys' have a good and safe trading . #BTCNextDirection? $BTC
#P2PScamAwareness
#scamriskwarning
#CryptoNewss
There are number of scam activity in India involving P2P trading.
Recently, one of my friend sold around 3,000 USDT through P2P transactions to various individuals in different locations.
Unfortunately, all the payments he received via UPI turned out to be fraudulent.
The funds he received in his bank accounts were flagged, and the received amount have been frozen.
When he requested a transaction report from the bank, it included the contact number of a police officer from the police station where the scam was originated.
However, when we contacted the police, they were uncooperative and ignored our requests. we were informed that if the police issue a No Objection Certificate, the frozen funds could be released, but we are receiving no support from the police in this matter.
So, be cautious while selling through P2P platforms. Ensure you verify transactions thoroughly and only trade with trusted parties to avoid such issues.
Wish you guys' have a good and safe trading . #BTCNextDirection? $BTC
#P2PScamAwareness
#scamriskwarning
#CryptoNewss
Binance Risk Sniper
--
Beware of off-exchange P2P transactions
John came across a P2P trader on social media boasting about successful transactions. Intrigued, John reached out to the trader via WhatsApp and negotiated a trading price that the trader agreed to. Trusting the agreement, John transferred his cryptocurrency to the trader. However, once the transfer was complete, the trader became unresponsive, leaving John with no way to recover his cryptocurrency.
This example highlight the risk of trading with unknown subjects outside of exchanges.Please try to choose an exchange to ensure safety when conducting fiat-crypto transactions.
John came across a P2P trader on social media boasting about successful transactions. Intrigued, John reached out to the trader via WhatsApp and negotiated a trading price that the trader agreed to. Trusting the agreement, John transferred his cryptocurrency to the trader. However, once the transfer was complete, the trader became unresponsive, leaving John with no way to recover his cryptocurrency.
This example highlight the risk of trading with unknown subjects outside of exchanges.Please try to choose an exchange to ensure safety when conducting fiat-crypto transactions.
🚨How to Protect Yourself from P2P Scams on Binance: A Step-by-Step Guide 🚨
P2P trading offers great opportunities to earn on Binance, but it’s important to stay vigilant and avoid falling for scams. Here’s a guide to help protect yourself from P2P scams:
1. Verify the Seller/Buyer’s Reputation
Check User Ratings: Always verify the reputation of the person you’re trading with by looking at their ratings and reviews. Trusted users have positive feedback.
Look for Verified Accounts: Binance allows traders to verify their identity. Choose users with verified accounts to ensure they are legitimate.
2. Use Binance’s Escrow Service
Never Send Funds Directly: Always use Binance’s escrow service. The platform holds the funds until the transaction is confirmed, reducing the risk of fraud.
Only Release Funds After Confirmation: Do not release the cryptocurrency or funds until the payment has been completed and verified by the platform.
3. Avoid Off-Platform Communication
Stay on Binance Chat: Never share your personal information outside of the Binance platform. Scammers may ask you to move the conversation to private messaging apps like WhatsApp or Telegram.
Report Suspicious Activity: If someone tries to convince you to communicate off-platform, report it immediately.
4. Double-Check Payments
Ensure Payments Are Received: Always check that the payment has been successfully credited to your account before releasing the crypto.
Do Not Accept Fake Payment Proofs: Scammers often send fake screenshots of payments. Confirm payments through official channels like your bank or payment provider.
5. Avoid Too Good to Be True Offers
Suspicious Deals: Be cautious of deals that seem too good to be true, such as extremely high discounts or unusual payment methods.
Stick to Standard Payment Methods: Use well-known and secure payment methods like bank transfers, PayPal, or trusted payment providers. Avoid less-known payment methods.
6. Use Binance Support
Contact Binance Support for Assistance: If you’re unsure about a transaction, reach out to Binance support for help.
Always Follow Binance’s Terms and Conditions: Make sure you’re familiar with Binance’s rules and guidelines to avoid falling for scams.
Conclusion:
By staying alert and following these simple steps, you can protect yourself from P2P scams on Binance. Always prioritize safety, and don’t rush into trades without verifying the other party’s trustworthiness. Stay safe and happy trading!
#BIOOnBinance #USJoblessClaimsDrop #Binance250Million #SolvProtocolMegadrop #P2PScamAwareness
1. Verify the Seller/Buyer’s Reputation
Check User Ratings: Always verify the reputation of the person you’re trading with by looking at their ratings and reviews. Trusted users have positive feedback.
Look for Verified Accounts: Binance allows traders to verify their identity. Choose users with verified accounts to ensure they are legitimate.
2. Use Binance’s Escrow Service
Never Send Funds Directly: Always use Binance’s escrow service. The platform holds the funds until the transaction is confirmed, reducing the risk of fraud.
Only Release Funds After Confirmation: Do not release the cryptocurrency or funds until the payment has been completed and verified by the platform.
3. Avoid Off-Platform Communication
Stay on Binance Chat: Never share your personal information outside of the Binance platform. Scammers may ask you to move the conversation to private messaging apps like WhatsApp or Telegram.
Report Suspicious Activity: If someone tries to convince you to communicate off-platform, report it immediately.
4. Double-Check Payments
Ensure Payments Are Received: Always check that the payment has been successfully credited to your account before releasing the crypto.
Do Not Accept Fake Payment Proofs: Scammers often send fake screenshots of payments. Confirm payments through official channels like your bank or payment provider.
5. Avoid Too Good to Be True Offers
Suspicious Deals: Be cautious of deals that seem too good to be true, such as extremely high discounts or unusual payment methods.
Stick to Standard Payment Methods: Use well-known and secure payment methods like bank transfers, PayPal, or trusted payment providers. Avoid less-known payment methods.
6. Use Binance Support
Contact Binance Support for Assistance: If you’re unsure about a transaction, reach out to Binance support for help.
Always Follow Binance’s Terms and Conditions: Make sure you’re familiar with Binance’s rules and guidelines to avoid falling for scams.
Conclusion:
By staying alert and following these simple steps, you can protect yourself from P2P scams on Binance. Always prioritize safety, and don’t rush into trades without verifying the other party’s trustworthiness. Stay safe and happy trading!
#BIOOnBinance #USJoblessClaimsDrop #Binance250Million #SolvProtocolMegadrop #P2PScamAwareness
I’m a full-time crypto trader and content creator on Binance Square, specializing in spot trading and P2P transactions. For the past six years, I’ve been making consistent profits daily, earning around $70–$80 per day and sometimes withdrawing $200–$300 per week.
My P2P trading history shows my experience:
Over 5,300 successful sales
Only 343 buys (I focus on selling after strategic accumulation)
I mainly grow my holdings through spot trading and then sell through P2P, ensuring a steady income. Even when Bitcoin dropped to $15,600, I kept buying while most traders panicked. My strategy is simple: when others fear the market, I see opportunities.
I’ve never missed a single day of trading in six years. My success comes from patience, understanding market psychology, and a disciplined trading approach.#CzechBitcoinReserve? #CzechBitcoinReserve? #BinanceSquareFamily #P2PScamAwareness
My P2P trading history shows my experience:
Over 5,300 successful sales
Only 343 buys (I focus on selling after strategic accumulation)
I mainly grow my holdings through spot trading and then sell through P2P, ensuring a steady income. Even when Bitcoin dropped to $15,600, I kept buying while most traders panicked. My strategy is simple: when others fear the market, I see opportunities.
I’ve never missed a single day of trading in six years. My success comes from patience, understanding market psychology, and a disciplined trading approach.#CzechBitcoinReserve? #CzechBitcoinReserve? #BinanceSquareFamily #P2PScamAwareness
🔥 What's P2P Scam? How to safe your self during P2P trading! ⚠️
👀 UNDERSTANDING P2P SCAMS AND HOW TO AVOID THEM DURING P2P TRADING ON BINANCE: 🎯
Peer-to-peer (P2P) trading allows users to buy or sell cryptocurrencies directly with each other, offering convenience and flexibility. However, this decentralized approach can sometimes attract scammers looking to exploit unsuspecting traders. Understanding P2P scams and knowing how to avoid them is crucial for safe trading on Binance.
COMMON P2P SCAMS: ⚠️
1. Payment Fraud: Scammers claim they’ve sent payment but use fake transaction slips to deceive sellers.
2. Chargeback Fraud: After a legitimate payment is made, scammers reverse the transaction through their bank, leaving the seller unpaid.
3. Impersonation: Scammers impersonate Binance support or legitimate buyers/sellers to steal funds or information.
4. Third-Party Payments: Scammers use stolen bank accounts or third-party payment methods, which may lead to legal complications.
HOW TO AVOID P2P SCAMS: 🚨
1. Trade with Verified Users: Binance provides a rating and verification system. Always prioritize trading with users who have high ratings and positive feedback.
2. Double-Check Payment Details: Ensure the payment is received in your account before releasing the crypto. Avoid relying on screenshots as proof of payment.
3. Enable Two-Factor Authentication (2FA): Protect your account from unauthorized access by enabling 2FA on Binance.
4. Use Binance Escrow: Binance’s escrow service holds the crypto during transactions, releasing it only after both parties confirm payment.
5. Avoid Off-Platform Communication: Scammers often lure traders away from Binance’s platform. Stick to in-app chat for communication and dispute resolution.
6. Report Suspicious Activity: If you suspect foul play, report the user immediately through Binance’s support system.
📢 By staying vigilant and adhering to these guidelines, you can enjoy a secure and seam
less P2P trading experience on Binance.
#BinanceNextWave #Write2Earn $BTC $BNB #P2PScam #P2PScamAwareness
Peer-to-peer (P2P) trading allows users to buy or sell cryptocurrencies directly with each other, offering convenience and flexibility. However, this decentralized approach can sometimes attract scammers looking to exploit unsuspecting traders. Understanding P2P scams and knowing how to avoid them is crucial for safe trading on Binance.
COMMON P2P SCAMS: ⚠️
1. Payment Fraud: Scammers claim they’ve sent payment but use fake transaction slips to deceive sellers.
2. Chargeback Fraud: After a legitimate payment is made, scammers reverse the transaction through their bank, leaving the seller unpaid.
3. Impersonation: Scammers impersonate Binance support or legitimate buyers/sellers to steal funds or information.
4. Third-Party Payments: Scammers use stolen bank accounts or third-party payment methods, which may lead to legal complications.
HOW TO AVOID P2P SCAMS: 🚨
1. Trade with Verified Users: Binance provides a rating and verification system. Always prioritize trading with users who have high ratings and positive feedback.
2. Double-Check Payment Details: Ensure the payment is received in your account before releasing the crypto. Avoid relying on screenshots as proof of payment.
3. Enable Two-Factor Authentication (2FA): Protect your account from unauthorized access by enabling 2FA on Binance.
4. Use Binance Escrow: Binance’s escrow service holds the crypto during transactions, releasing it only after both parties confirm payment.
5. Avoid Off-Platform Communication: Scammers often lure traders away from Binance’s platform. Stick to in-app chat for communication and dispute resolution.
6. Report Suspicious Activity: If you suspect foul play, report the user immediately through Binance’s support system.
📢 By staying vigilant and adhering to these guidelines, you can enjoy a secure and seam
less P2P trading experience on Binance.
#BinanceNextWave #Write2Earn $BTC $BNB #P2PScam #P2PScamAwareness
🚨P2P Scam Warning🚨
We have discovered that some scammers are attempting to trick sellers into releasing orders by claiming, "Payment has been made and Binance has confirmed the holdings. You can verify it with Binance," and sharing fake Binance notice screenshots.
When you are doing P2P transactions, please be vigilant. If you are a seller, please make sure that the bank deposit is confirmed before releasing your crypto!💪#P2PScamAwareness #P2PScamPrevention
We have discovered that some scammers are attempting to trick sellers into releasing orders by claiming, "Payment has been made and Binance has confirmed the holdings. You can verify it with Binance," and sharing fake Binance notice screenshots.
When you are doing P2P transactions, please be vigilant. If you are a seller, please make sure that the bank deposit is confirmed before releasing your crypto!💪#P2PScamAwareness #P2PScamPrevention
Watch Out for P2P (Peer-to-Peer) Crypto ScamsWhat are P2P Scams?
P2P scams happen in peer-to-peer transactions, where scammers exploit trust between buyers and sellers to steal funds or crypto.
Common P2P Scams:
Reversal Scam:
How it works: The scammer pays via a reversible method (e.g., PayPal) and disputes the payment after receiving your crypto.Protect yourself: Only accept irreversible payment methods like bank transfers for P2P trades.
Fake Proof of Payment:
How it works: The scammer sends a fake receipt or screenshot claiming payment.Protect yourself: Always verify payments in your account before transferring crypto.
Middleman Scams:
How it works: The scammer introduces a fake "trusted mediator" to handle the transaction, who ends up stealing your funds.Protect yourself: Only use official escrow services on trusted P2P platforms.
Identity Fraud:
How it works: Scammers pretend to be trusted traders using fake accounts or stolen identities.Protect yourself: Verify the trader's reputation and trade history on platforms like Binance P2P or LocalBitcoins.
Tips for Safe P2P Transactions:
Always use escrow services provided by reputable platforms.Avoid trading with users who pressure you to complete transactions off-platform.Double-check the trader’s feedback and history before making a deal.Never share sensitive information like your wallet’s private key or passwords.
#P2PScamAwareness #P2PScam
P2P scams happen in peer-to-peer transactions, where scammers exploit trust between buyers and sellers to steal funds or crypto.
Common P2P Scams:
Reversal Scam:
How it works: The scammer pays via a reversible method (e.g., PayPal) and disputes the payment after receiving your crypto.Protect yourself: Only accept irreversible payment methods like bank transfers for P2P trades.
Fake Proof of Payment:
How it works: The scammer sends a fake receipt or screenshot claiming payment.Protect yourself: Always verify payments in your account before transferring crypto.
Middleman Scams:
How it works: The scammer introduces a fake "trusted mediator" to handle the transaction, who ends up stealing your funds.Protect yourself: Only use official escrow services on trusted P2P platforms.
Identity Fraud:
How it works: Scammers pretend to be trusted traders using fake accounts or stolen identities.Protect yourself: Verify the trader's reputation and trade history on platforms like Binance P2P or LocalBitcoins.
Tips for Safe P2P Transactions:
Always use escrow services provided by reputable platforms.Avoid trading with users who pressure you to complete transactions off-platform.Double-check the trader’s feedback and history before making a deal.Never share sensitive information like your wallet’s private key or passwords.
#P2PScamAwareness #P2PScam