#JustinSunVsWLFI ⚠️ THIRD PARTY PAYMENTS: The mistake that could cost you your Binance account
Many have asked me why I am so strict about this topic. In P2P, safety is not optional, it is rule number one! 🛑
What is a third party payment?
It is when the name of the person who transfers money to you in the bank does NOT MATCH the name of the verified user on Binance.
🛑 Why is it a real danger?
Triangulation Scams: The scammer uses a stolen account to pay you. When the real owner reports it, the bank blocks YOUR account, not the scammer's.
No Backup from Binance: If you accept a payment from a third party and there is a problem, Binance will not be able to protect you because you violated the terms of use. You are the one who loses!
Legal Issues: You could become involved in banking investigations without having anything to do with it, just for receiving funds of unknown origin.
#BinanceP2P #CryptoSecurity #LearnAboutCrypto #ResponsibleTrading $USDC $TRX $RAVE
#sigueme
Many have asked me why I am so strict about this topic. In P2P, safety is not optional, it is rule number one! 🛑
What is a third party payment?
It is when the name of the person who transfers money to you in the bank does NOT MATCH the name of the verified user on Binance.
🛑 Why is it a real danger?
Triangulation Scams: The scammer uses a stolen account to pay you. When the real owner reports it, the bank blocks YOUR account, not the scammer's.
No Backup from Binance: If you accept a payment from a third party and there is a problem, Binance will not be able to protect you because you violated the terms of use. You are the one who loses!
Legal Issues: You could become involved in banking investigations without having anything to do with it, just for receiving funds of unknown origin.
#BinanceP2P #CryptoSecurity #LearnAboutCrypto #ResponsibleTrading $USDC $TRX $RAVE
#sigueme