Scams!
Dear Binance Community,
P2P trading is a great way to buy and sell crypto, but scammers are always looking for new victims. Hereâs how to stay safe:
đ„ Most Common P2P Scams
1ïžâŁ "I Paid, But Got No Crypto" (Buying Scam)
- How it works: You send money, but the seller disappears.
- â How to win:
- Only trade with verified merchants (check their completion rate + reviews).
- NEVER close the trade until you receive crypto in your wallet.
- If scammed, file an appeal immediatelyâBinance can freeze the sellerâs funds.
2ïžâŁ "Fake Payment" (Selling Scam)
- How it works: Buyer sends a fake bank receipt or screenshot.