Peer-to-Peer (P2P) trading is one of the fastest and most profitable ways to trade crypto and digital assets today. But hereโs the catch โ itโs only safe for traders who follow discipline and proper process. Skip the rules, and scammers will have a field day with your money ๐.
In this ultimate guide, Iโll show you 4 crucial rules every serious P2P trader must follow. These rules will protect your funds, save you from headaches, and make your trading experience secure and stress-free.
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๐น Rule 1: Binance Chat = Your Legal Shield ๐ก๏ธ
The most important rule: always keep communication inside Binanceโs in-app chat.
Scammers often say: โLetโs continue on WhatsApp or Telegram, confirm quickly.โ
That is a red flag ๐ฉ
If a dispute arises, only Binance chat is recognized as legal evidence.
๐ก Pro Tip:
Take screenshots or export all important conversations. This becomes your strong proof if any trade issues come up in the future.
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๐น Rule 2: CNIC / ID Verification = Your Right ๐
Identity verification is critical for every trade:
Always request the buyerโs or sellerโs CNIC / national ID before confirming payment.
If they refuse โ ๐ฉ huge red flag
Most people who refuse ID verification are often scammers.
๐ธ Action Step:
Take a screenshot if they refuse to share their ID.
Report the case immediately to Binance.
This small step can make your entire trade 100% safer.
๐ก Pro Tip:
ID verification not only protects you from scams but also serves as solid legal backup if your account is ever questioned by the bank or Binance.
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๐น Rule 3: Transaction Receipt + Handwritten Note = Account Protection ๐งพ
Relying on chat and ID alone isnโt enough.
Always create a simple transaction receipt. Canva or MS Word works perfectly.
Ask the buyer to add a handwritten note like:
โI purchased [item/service], thatโs why this payment was made.โ
๐ก Why This Matters:
If your bank account gets frozen or questioned, this becomes lifesaving proof.
Receipt + note = proof of intent, which is critical for any dispute resolution.
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๐น Rule 4: 3 Essential Screenshots = Your Insurance Policy ๐
After every trade, save these three screenshots:
1. Payment confirmation screenshot โ
2. Binance in-app chat screenshot โ
3. Trader profile snapshot (ratings + history) โ
๐ก Pro Tip:
These screenshots act as a digital insurance policy. If a dispute occurs or you need to report a scam, these three snapshots are your strongest defense.
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๐ฏ Final Reminder: Patience + Proof + Process
Scammers thrive on urgency and pressure:
โConfirm quickly or the deal will be gone.โ
โPrice is valid only today, hurry up!โ
๐ซ Never fall for these tactics. Your best defense is patience, proof, and following the proper process.
๐ก Extra Tips:
Start with small trades to build trust.
Always stay updated with the latest Binance policies and safety tips.
Never share sensitive bank or personal info outside official channels.
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โ Conclusion
P2P trading is completely safe โ if you follow the rules. Using Binance chat, ID verification, receipts, and screenshots drastically reduces your risk of being scammed.
Always remember: Safety first, profit comes second. ๐
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