Protect Yourself from Binance P2P Scams: Essential Advisory
1. **Verify Before You Release**: Always confirm that payment is received in your bank account before releasing cryptocurrency. Fake payment confirmations are a common trick to steal your assets.
2. **Beware of Chargebacks**: Scammers may reverse payments after receiving your crypto. Avoid using payment methods prone to chargebacks.
3. **Guard Against Identity Theft**: Only trade with verified accounts. Scammers can use stolen identities to disappear with your funds or engage in money laundering.
4. **Stay Within Binance’s Escrow**: Never agree to transact outside Binance’s platform. Off-escrow transactions can lead to unrecoverable losses.
5. **Recognize Fake Payment Emails**: Be cautious of forged payment confirmations, especially from international platforms like PayPal. Always verify directly with the platform if in doubt.
**Stay Safe**: Conduct all P2P transactions within Binance’s secure environment, verify payments thoroughly, and be wary of offers that seem too good to be true.