pakistanicrypto

Issue on Binance in Pakistan
Many users in Pakistan have encountered a significant issue on Binance, where their accounts have been blocked due to three P2P forward disputes. These disputes did not arise from buyer complaints but were triggered because the buyers' accounts were blocked, causing a chain reaction.
Common Factors in Disputes
The disputes shared several common factors:
Buyers engaged in deals outside of BinanceBuyers received payments from third partiesBuyers purchased USDT from sellersBuyers sold USDT at a higher rate elsewhere
In all three cases, the buyers were new to the platform and made transactions outside of Binance. They negotiated deals, received money from third parties, purchased USDT, and sold it without securing proof or sources of funds from those they transacted with. Subsequently, the original senders of the funds filed fraud complaints, resulting in the buyers' accounts being blocked and affecting many others.
Dispute Outcomes
In one dispute, after investigation, the payment was credited to the account as one buyer settled with the sender. However, in the remaining two cases, the buyers did not settle, leading to many people reversing the payments for the disputed transactions.
Binance's Security Measures
Binance implements robust security measures for merchants, but many users attempt to buy USDT from Binance and sell it outside the platform. To ensure safer transactions when selling on Binance P2P, many users obtain a video statement and the buyer's mobile number. The CNIC is less valuable in these cases. A video statement provides more substantial evidence of a legitimate transaction.
Safer Transaction Practices
To further enhance transaction safety, many users record a video of their transaction history from the last 24 hours. If a payment is received in their account, they request the CNIC of the person who sent the funds or cancel the trade. This approach is safer and helps avoid disputes.
Volatility of $NOT Coin
In addition to these issues, it's important to note that #NOT coin is showing volatility and is expected to skyrocket in the near future. This presents both an opportunity and a risk for investors.
Trending Gainer Coins
Several coins have shown significant gains in the past 24 hours:
$BANANA $RAY
These coins are trending and could be worth watching for potential investment opportunities.
Conclusion
Taking these precautions will help protect many accounts and ensure more secure transactions on Binance P2P. It is crucial to stay vigilant and ensure all necessary evidence is collected to avoid the complications experienced by many users.
#P2PScamAwareness #P2PScamWarning #Write2Earn! #NOTCoin #TrendingCoins #pakistanicrypto #p2p

April 07, 2025
Binance Founder Changpeng Zhao, known as CZ, (centre-right) shaking hands with Pakistan Crypto Council CEO Bilal Bin Saqib (centre-left) after being appointed as strategic adviser. Finance Minister Senator Muhammad Aurangzeb is also present. — Pakistan Crypto Council office
"Landmark moment", says FinMin on Zhao's appointment.
"Accelerating vision to make Pakistan powerhouse for Web3."
Pakistan opening its doors to future of finance: PCC CEO.
Binance Founder Changpeng Zhao, known as CZ, has officially been appointed as a strategic adviser to the newly-formed Pakistan Crypto Council (PCC).
The announcement was made during Zhao's meeting with the PCC on Monday.
The meeting was chaired by Finance Minister Senator Muhammad Aurangzeb and brought together key government stakeholders, including the Securities and Exchange Commission of Pakistan (SECP) chairman, the State Bank of Pakistan (SBP) governor, and the federal secretaries for Law and IT.
During his visit, Zhao, who is one of the most influential figures in Web3, also held separate meetings with Prime Minister Shehbaz Sharif and Deputy Prime Minister Senator Ishaq Dar, the Finance Division said in a statement.
Finance Minister Senator Muhammad Aurangzeb (centre) chairs a high-level meeting with Binance Founder Changpeng Zhao (CZ), marking his appointment as strategic adviser to the Pakistan Crypto Council. — PID
Finance Minister Senator Muhammad Aurangzeb (centre) chairs a high-level meeting with Binance Founder Changpeng Zhao (CZ), marking his appointment as strategic adviser to the Pakistan Crypto Council. — PID
"This is a landmark moment for Pakistan," said FinMin Aurangzeb, who is also the PCC's chairman.
"We are sending a clear message to the world: Pakistan is open for innovation. With CZ onboard, we are accelerating our vision to make Pakistan a regional powerhouse for Web3, digital finance, and blockchain-driven growth."
"Pakistan is opening its doors to the future of finance," said the national crypto council's CEO Bilal Bin Saqib.
"And who better to guide us on this journey than CZ — a pioneer who built the world's largest crypto exchange and changed the way billions think about financial freedom."
As strategic adviser to the council, CZ will provide guidance on regulation, infrastructure, education, and adoption. He will work closely with the Pakistani government and the private sector to create a compliant, inclusive, and globally competitive crypto ecosystem.
"Pakistan is a country of 240 million people, over 60% of whom are under the age of 30. The potential here is limitless," CZ remarked during the announcement.
The council — established under the Finance Division last month — is spearheading this digital transformation. CZ's appointment signals a bold new era, where Pakistan joins the ranks of Singapore, Dubai, and Switzerland as a progressive, Web3-ready nation, the statement concluded.
The PCC's composition includes: Chairman: Minister for Finance and Revenue; Member: Governor, State Bank of Pakistan; Member: Federal Secretary, Law and Justice Division; Member: Federal Secretary, IT; and Member: Chairman, Securities and Exchange Commission of Pakistan.
Saqib had been appointed as the chief adviser to the finance minister on the crypto council to reaffirm Pakistan's commitment to embracing technological advancement.
Having represented Pakistan several times on the international stage, including at NFT NYC, the World Economic Forum and ETH Barcelona and Token 2049 events, he is a global thought leader in the blockchain space.
Pakistan, a country that ranked 3rd in the Global Crypto Adoption Index, has 20 million# active cryptocurrency users and $20bn + in crypto transactions.
Currently, the country ranks in the top 10 in terms of crypto adoption. With $35bn in annual remittances, the country is poised to benefit from crypto adoption$BTC #CryptocurrencyWealth #pakistanicrypto