Beware of the risks when trading P2P on Binance and how to avoid them
P2P trading is one of the quick and flexible ways to buy and sell cryptocurrencies, but things don't always go smoothly. Let's go over the common risks and how you can protect yourself when participating in this market.
1. The risk of fraud from the traders on the exchange:
You may encounter dishonest traders with the intent to deceive, such as transferring fake money or not fulfilling transaction commitments.