Attention! with scams that can occur in P2P. Here is a guide to ensure before any action

Binance's Peer-to-Peer (P2P) platform is a reliable marketplace for buying and selling cryptocurrencies directly with other users. However, like any online trading platform, it has attracted scammers. These malicious actors take advantage of unsuspecting traders, resulting in financial losses. To protect the hard-earned money, it is essential to understand the most common P2P scams and learn how to avoid them.
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1. What is Binance P2P?
Binance P2P allows users to trade cryptocurrencies directly with each other using local payment methods. Its decentralized nature means that Binance facilitates the transaction but does not control the counterparties, leaving room for scams if users are not vigilant.