đ¨Â IMPORTANT: FRAUD ALERT ON BINANCE P2P! đ¨
Dear Binance users, P2P trading is a convenient way to buy and sell cryptocurrency, but it requires vigilance. We have recently seen an increase in scam attempts. Your security is our top priority!
Here are the key points to help you protect your funds:
Essential Safety Rules:
Never release cryptocurrency before actually receiving the funds. Use the Binance Escrow function, which holds the seller's assets until payment is confirmed by both parties.Always double-check your bank account/wallet. Do not rely solely on screenshots, SMS messages, or emails from the "buyer" confirming payment. Scammers can easily fake these.Communicate only within the official Binance P2P chat. Do not move the conversation to external messengers (WhatsApp, Telegram, etc.). This ensures that Binance Support has access to the full conversation history in the event of a dispute.Be cautious with order cancellations. If a buyer cancels an order after you have supposedly "received" a payment, it is likely a scam. Under no circumstances should you confirm receipt of funds if the money has not actually landed in your account.Avoid suspiciously good offers and users with low ratings or a small number of completed trades. Check feedback and the completion rate.Do not share your confidential information or verification codes with anyone, even if the caller claims to be from Binance support or your bank.
What to do if you encounter fraud?
Immediately contact Binance Support via the official website or app.Provide all transaction details, screenshots of the conversation, and payment information.
Stay vigilant and trade safely!
