Binance's P2P platform has seen its fair share of scams. Here are some common ones to watch out for:
- *Fake Receipt Scams*: Scammers send fake transaction receipts to trick sellers into releasing their cryptocurrencies without receiving payment ¹.
- *Transfer Scams*: Scammers pay only a small amount of money and convince sellers to release the assets ¹.
- *Verification Code Scams*: Scammers impersonate Binance staff and ask for verification codes to gain control of accounts ¹.
- *Proof of Payment Scams*: Scammers edit payment screenshots or send fake SMS notifications to trick sellers into releasing funds ².
- *Man-in-the-Middle (MitM) Scams*: Scammers pose as reputable merchants and trick victims into sharing bank account information ².