If you trade on Binance using P2P, this is extremely important for you. Many traders buy or sell $USDT /$USDC and receive payments directly in their bank accounts — but how safe is it really? Let’s break it down so you understand the risks clearly.
### **Buy-side Scam:**
When you purchase USDT/USDC, you transfer money from your bank to the seller. But what if the seller receives your payment and **doesn’t release the crypto**? Don’t panic — you can **open an appeal**, and if your proof is valid, Binance will return your money. Some sellers intentionally trap buyers like this, so stay alert.
### **Sell-side Scam:**
When selling USDT, you expect the buyer to send money to your bank. But many scammers try a different trick: They **don’t pay you**, but send a **fake payment notification** to make you believe the money arrived. Never fall for this — always check your bank account **yourself** before releasing the crypto.
---
### **Final Advice:**
Stay calm, stay cautious, and double-check everything. Being careful is the only way to avoid P2P scams.
**Important:** If I’ve said anything incorrect, please forgive me.
If you want to learn safe P2P trading, comment **“P2P”** ⭐
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.
