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What is P2P scam and how to reduce the risks of P2P scam in Binance? P2P (Peer-to-Peer) scams occur when a buyer or seller on a platform, like Binance P2P, deceives or defrauds the other party. Common P2P scams include: 1. *Non-payment*: Buyers don't pay for assets received. 2. *Non-delivery*: Sellers don't deliver assets after receiving payment. 3. *Fake payment proof*: Scammers provide manipulated payment evidence. To reduce P2P scam risks on Binance: 1. *Verify users*: Check the user's rating, reviews, and verification level. 2. *Use secure payment methods*: Opt for payment channels with built-in protections (e.g., bank transfers, credit cards). 3. *Avoid suspicious offers*: Be cautious of unusually high or low prices. 4. *Communicate via platform*: Use Binance's chat feature for all negotiations. 5. *Follow platform guidelines*: Adhere to Binance's P2P trading rules and guidelines. 6. *Monitor transactions*: Keep track of payment and asset transfers. 7. *Report suspicious activity*: Inform Binance support of any suspicious behavior. Remember, vigilance and caution are key to minimizing P2P scam risks on Binance. #P2PScamAwareness #P2PScamWarning #LowestCPI2021 #BinanceLaunchpoolTON #P2PTrading

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