Hello everyone! We've talked about how to win, but today we need to discuss how to protect what you already have. From what I've been seeing in the market, P2P (direct trading) is fantastic, but it is the favorite of scammers.

Here are three golden rules to avoid falling into the most common traps:

1. Verify the Identity of the Money (Do Not Release Before Time)

The Fake Receipt Fraud: The scammer sends a falsified screenshot of the transfer and pressures you to release the cryptos immediately.

SOLUTION: NEVER release your cryptocurrencies based solely on a receipt. You must open your banking app and confirm that the money has been credited and is available in your balance. If the bank says the payment is "pending" or "on hold," do not release.

2. Be Careful with Communications Outside the Platform

The Urgency Deception: If the buyer or seller asks you to take the conversation to Telegram, WhatsApp, or any other platform, be suspicious!

SOLUTION: Keep ALL communication within the Binance P2P order chat. This ensures that the platform has a record of the conversation if you need to initiate an appeal.

3. Only Use Accounts in Your Name

The Third-Party Fraud: The scammer tries to get you to send or receive money from a bank account that is not in your name or that of the Binance user.

SOLUTION: Only operate with bank accounts that match 100% with your username on Binance. If the name of the sender of the money does not match the P2P profile, cancel the operation and report the attempted fraud.

Security in P2P is a shared responsibility. Be patient, always verify, and be wary of urgency.

What has been the most "strange" or suspicious P2P situation you have experienced? Let's share experiences to help each other! 👇