To stay safe on Binance P2P, follow these four golden rules:
Trust Your Bank, Not Screenshots: If you are selling, never release crypto until you log into your bank app and see the money. Ignore SMS alerts or "Payment Sent" screenshots—they can be faked.
Verify the Name: Only accept/send money from a bank account that matches the name on the user's Binance profile. Never accept "third-party" payments (money from a friend/relative).
Stay on Binance: Never move the conversation to WhatsApp or Telegram. If it’s not in the official Binance chat, Binance Support cannot help you during a dispute.
Trade with Pros: Only trade with users who have a Yellow Badge (Verified Merchant) and a completion rate above 95%.
The Bottom Line: If someone pressures you to "release early" or "cancel the order" after you've paid, stop immediately and file an Appeal.
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