#Binance 🔒 How does Binance protect you when buying and selling through the P2P service?
Many believe that trading via P2P can be risky, but the truth is that the Binance platform has provided a strong protection system that ensures you complete safety throughout the trading process. Here are the main protection measures:
✅ 1. Escrow system
When the deal starts, Binance immediately freezes the seller's balance, and they cannot act on the currency until you confirm the payment.
And this prevents any attempts to escape or fraud.
✅ 2. Dispute resolution
In case of a problem, you can submit a dispute within the platform and attach proof of payment.
The Binance team intervenes, verifies the evidence, and grants rights to the deserving party.
✅ 3. Seller ratings and reputation
The system provides:
Transaction completion rate
User ratings
Number of transactions
This way, you can choose the most trustworthy sellers.
✅ 4. Commitment to the platform only
To be safe:
Do not make payments outside official channels
Do not accept changes to the account number
Press 'Paid' only after completing the transfer
These points protect you from any attempts at fraud.
✅ 5. Guaranteed delivery
After payment confirmation, the seller releases the currency directly to your wallet.
And if they refuse, the Binance platform intervenes and guarantees your rights.
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🟡 Summary
The P2P service on Binance is very safe as long as you adhere to the basic instructions, choose trustworthy sellers, and transact only within the platform.
