I’m sharing a true story here.
I was buying 2,500,000 VND worth of crypto via Binance P2P. After I made the transfer and sent the proof of payment, the seller claimed they hadn't received it and asked me to add them on Zalo to provide more details.
Since the coins hadn't been released yet, I went ahead and added them. And guess what they asked me to do next?
They told me to "hit the cancel order button" and promised they would transfer the coins afterward. My sister actually fell for this exact trick and lost 3 million VND.
This serves as a warning for newbies trading on P2P for the first time:
When buying + submitting proof of payment: Do NOT cancel the order before the coins are transferred to you.
When selling: Do NOT confirm the transaction until the money has actually arrived in your account, and verify the sender's identity against the proof of payment they sent.
Wishing everyone smooth trading.
A costly lesson:
• Messages & screenshots = NOT proof
• Funds must actually be in your account & secure (irreversible)
• Never rush to release assets, especially with large amounts
Why do people get scammed?
→ Scammers use decoy/puppet accounts
→ Screenshots & messages are easily faked
→ People rush to release assets for fear of losing the buyer
Remember: In P2P, releasing assets = crypto that cannot be recovered.
P2P Golden Rules:
1. Don't release assets before the account balance has actually increased & is secure (wait at least 30–60 minutes)
2. Check the buyer's history first
3. For large amounts, split the transaction into smaller parts
4. If in doubt, just cancel the order
Better to lose one transaction than your entire balance.
Stay safe! $BTW $GRVT $DOS
#binancep2pantoan @Binance Vietnam
I was buying 2,500,000 VND worth of crypto via Binance P2P. After I made the transfer and sent the proof of payment, the seller claimed they hadn't received it and asked me to add them on Zalo to provide more details.
Since the coins hadn't been released yet, I went ahead and added them. And guess what they asked me to do next?
They told me to "hit the cancel order button" and promised they would transfer the coins afterward. My sister actually fell for this exact trick and lost 3 million VND.
This serves as a warning for newbies trading on P2P for the first time:
When buying + submitting proof of payment: Do NOT cancel the order before the coins are transferred to you.
When selling: Do NOT confirm the transaction until the money has actually arrived in your account, and verify the sender's identity against the proof of payment they sent.
Wishing everyone smooth trading.
A costly lesson:
• Messages & screenshots = NOT proof
• Funds must actually be in your account & secure (irreversible)
• Never rush to release assets, especially with large amounts
Why do people get scammed?
→ Scammers use decoy/puppet accounts
→ Screenshots & messages are easily faked
→ People rush to release assets for fear of losing the buyer
Remember: In P2P, releasing assets = crypto that cannot be recovered.
P2P Golden Rules:
1. Don't release assets before the account balance has actually increased & is secure (wait at least 30–60 minutes)
2. Check the buyer's history first
3. For large amounts, split the transaction into smaller parts
4. If in doubt, just cancel the order
Better to lose one transaction than your entire balance.
Stay safe! $BTW $GRVT $DOS
#binancep2pantoan @Binance Vietnam