🚨 Beware of P2P scams on Binance and beyond!🚨
🔍How scammers operate:
1. Fake proof of payment: Scammers create convincing fake proof of payment to trick you into releasing cryptocurrency without receiving actual payment.
2. Payment reversal: Using stolen financial accounts, they reverse the payment after you've sent the cryptocurrency, leaving you empty-handed.
3. **Impersonation:** They pose as Binance support staff or other trusted figures to steal funds or sensitive information.
4. **Overpayment scam**: They “overpay” and then demand the excess back, only to reverse the original payment, taking your crypto and the extra funds.
5. **Fake disputes:** Scammers file fraudulent disputes to delay transactions and potentially make you lose.
🛡️ **Protect Yourself:**
- **Confirm Payments:** Verify that funds are in your account before releasing crypto.
- **Check User History:** Review your trading partner's trading history and reputation.
- **Use Escrow Services:** Take advantage of Binance Escrow to ensure secure transactions.
- **Communicate Through the Platform:** Keep all interactions within Binance accountable.
Stay vigilant and protect your assets! 🚀
