P2P SCAM ALERT – READ THIS BEFORE YOUR NEXT TRADE
Hello Binance users,
If you trade on Binance P2P, this message is extremely important.
Every day, traders buy and sell USDT / USDC using direct bank transfers. While P2P is powerful and convenient, it also comes with risks if you’re not careful. Let’s break this down clearly.
• Buy-Side Risk (When You Buy USDT/USDC)
You send money from your bank to the seller.
But what if the seller receives the payment and refuses to release the crypto?
What to do:
• Stay calm
• Open a Binance appeal immediately
• Submit valid payment proof
If your evidence is correct, Binance will protect your funds.
Some sellers deliberately attempt this tactic, hoping buyers panic or give up. Never do that.
• Sell-Side Risk (When You Sell USDT/USDC)
This is where many traders lose money.
Scammers may:
Not send any payment
Share a fake payment screenshot or notification
Pressure you to release crypto quickly
• Never trust screenshots or SMS alerts.
• Always check your bank account manually before releasing crypto.
Once crypto is released, it cannot be recovered.
Final Advice
• Trade patiently
• Double-check every payment
• Never rush under pressure
Trust your bank balance, not messages
P2P is safe only when you are careful.
> If anything here is inaccurate, I apologize - this post is purely to help protect traders.
If you want more tips on safe P2P trading, comment “P2P”
