Binance P2P User Warning 🚫🚫
On the 12th, a Crypto Trader from Pakistan listed over 30,000 USDT on Binance P2P...
Trusted merchant and had transacted with him before, so he placed an order with him
However, shortly after, he received a fake SMS on his phone saying you have received 40..... Without checking much? He released the order..
In this window, the merchant canceled the order > and even filed a fake complaint in his name
We know there’s Escrow Protection in Binance P2P, right? But if the first party gives permission themselves? Then Escrow will definitely transfer it to the second person
Anyway: Through this incident, I just want to say ~ whenever you’re trading any amount? Don’t rely on SMS? Open the APP directly and if everything looks good, then release it
Especially when dealing with 3-4-5 figure amounts? Always stay vigilant...
Thanks everyone 👍👍$BTC $ETH
#P2PScam
On the 12th, a Crypto Trader from Pakistan listed over 30,000 USDT on Binance P2P...
Trusted merchant and had transacted with him before, so he placed an order with him
However, shortly after, he received a fake SMS on his phone saying you have received 40..... Without checking much? He released the order..
In this window, the merchant canceled the order > and even filed a fake complaint in his name
We know there’s Escrow Protection in Binance P2P, right? But if the first party gives permission themselves? Then Escrow will definitely transfer it to the second person
Anyway: Through this incident, I just want to say ~ whenever you’re trading any amount? Don’t rely on SMS? Open the APP directly and if everything looks good, then release it
Especially when dealing with 3-4-5 figure amounts? Always stay vigilant...
Thanks everyone 👍👍$BTC $ETH
#P2PScam