đš P2P Scams & Bank Account Freezes in Pakistan â What Every Trader Must Know đš
Binance P2P has made crypto trading more accessible in Pakistan than ever before. With just a bank transfer, you can buy or sell digital assets 24/7. But as adoption grows, so do the risks â scams and unexpected bank account freezes are becoming a serious challenge for local traders.
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â ïž Common P2P Scam Tactics in Pakistan
1ïžâŁ Fake Payment Proofs â Fraudsters send doctored screenshots claiming theyâve transferred money.
2ïžâŁ Third-Party Transfers â Buyers send funds from accounts that donât match their Binance profile.
3ïžâŁ Chargeback Tricks â After paying, scammers contact the bank to reverse the transaction.
4ïžâŁ Off-Platform Deals â Moving conversations to WhatsApp/Telegram often leads to fraud.
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đš Why Are Bank Accounts Being Blocked?
Local traders are reporting account freezes due to:
Unusually high-volume transfers that trigger banking alerts.
Frequent third-party deposits, raising suspicion.
Crypto-related activity flagged as âsuspicious transactionsâ by authorities.
Compliance gaps, as many banks still lack clear policies on crypto.
When flagged, accounts can be frozen until traders provide detailed explanations of their activity.
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â How to Trade Safely on Binance P2P in Pakistan
âïž Only trade with verified merchants on Binance.
âïž Accept payments only from the buyerâs own account.
âïž Keep transactions within reasonable volumes.
âïž Never share sensitive data (CNIC, OTPs, or passwords).
âïž Use the Binance Dispute System if something seems off.
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đĄ Final Thoughts
P2P is transforming crypto adoption in Pakistan, but scams and compliance risks are on the rise. Protect your funds, avoid off-app deals, and always choose verified and trusted merchants within Binance.
đ Trade Smart. Trade Secure.
