Read it before place any P2P order.
🔥Major P2P Scams on Binance and How to Avoid Them🚨
P2P payments are a convenient and secure way to send and receive money online. But they also come with risks.
Scammers are always looking for ways to trick you into giving them your money or your personal information.
you need to be aware before any P2P, especially on Binance, one of the most popular platforms for crypto trading and payments.
1. Overpayment Scams.
This scam is simple but effective. The scammer will send you a payment that is more than the amount you agreed on. They will then ask you to send them back the difference.
For example, if you are selling something for $100 and you are using #Binance P2P payment, they will send you $150 worth of #bitcoin or #ETH and ask you to refund them $50. Once you do that, they will reverse the original payment, leaving you with nothing. Impressive right?
How to Avoid
To avoid this scam, never accept overpayments from strangers.
If someone sends you more money than you expected, contact them and ask them to cancel the payment. Do not send any money back until you are sure that the payment is final and irreversible.
2. Fake Job Scams
This scam targets people who are looking for remote jobs online. The scammer will post a fake job listing on social media or job boards. Then they will contact you and offer you the job.
They will ask you to send them money for things like training or background checks and promise to reimburse you later. But once you send them the money, they will disappear and you will never hear from them again.
How to Avoid
To avoid this scam, never pay money upfront for a great opportunity.
Do your research on the company and the person who is hiring you. Check their website, social media accounts, and online reviews. If something seems too good to be true, it probably is.
3. Romance Scams
Everybody loves to be loved but not all is true love. This scam is designed to exploit your emotions and your desire for love.
