Scams!

Dear Binance Community,

P2P trading is a great way to buy and sell crypto, but scammers are always looking for new victims. Here’s how to stay safe:

🔥 Most Common P2P Scams

1️⃣ "I Paid, But Got No Crypto" (Buying Scam)

- How it works: You send money, but the seller disappears.

- ✅ How to win:

- Only trade with verified merchants (check their completion rate + reviews).

- NEVER close the trade until you receive crypto in your wallet.

- If scammed, file an appeal immediately—Binance can freeze the seller’s funds.

2️⃣ "Fake Payment" (Selling Scam)

- How it works: Buyer sends a fake bank receipt or screenshot.

#BinanceSafetyInsights