---

In Pakistan, I encountered three P2P forward disputes (not buyer complaints, but issues arising from their accounts being blocked, which led to my account being blocked). Common factors in these disputes were that buyers made deals outside Binance, accepted payments from others, bought USDT from me, and then sold them outside at a higher rate.

In each of these disputes, the buyers were new and made deals outside. They engaged in transactions, received money from others, bought USDT from me, and resold it outside without verifying the source or taking any proof of funds from their counterparts.

Subsequently, the original senders complained against the buyers for fraud, leading to the buyers' accounts being blocked, which in turn led to my account being blocked. In one of the three disputes, after an investigation, the payment was eventually settled into my account because one buyer resolved the issue with the sender. However, the remaining two disputes were not settled, and I had to reverse the payments for those transactions.

While Binance has robust security for merchants, many people try to buy from Binance and sell outside. To be cautious when selling on P2P on Binance, always obtain a video statement and the buyer's mobile number. CNICs are less useful. A video statement provides stronger evidence of a legitimate transaction. Alternatively, take 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 it, or cancel the trade. This safer approach can help avoid disputes.

#P2PScamAwareness #Pakistan #BinanceTurns7 #Write2Earn! #MtGoxJulyRepayments #BinanceTournament

---