A specific scam pattern confused me the first time I encountered a version of it, because the request itself sounded harmless. A buyer asks to cancel the order after telling you payment already went through. On Binance P2P, this exact sequence deserves real caution.
If a seller cancels an order after actually receiving payment, the crypto locked in escrow simply returns to the seller's balance while the buyer's funds, genuinely sent, stay with the seller too, essentially handing over money for nothing in return. Scammers exploiting this pattern will sometimes claim they entered the wrong amount or changed their mind, asking you to cancel as a quick fix, hoping you either already checked your bank and saw funds, or that you will trust their word without confirming payment yourself. A request specifically to cancel after claiming payment was sent is unusual enough that it counts as a red flag worth pausing over.
I always ask the buyer directly why they want to cancel rather than release, and I keep that answer inside the order chat. A clear, consistent explanation usually resolves the situation quickly, while a vague or shifting answer is reason enough to slow down further.
The safe response depends entirely on what your own bank account shows. If you already confirmed real payment landed, cancelling would let you keep both the funds and the crypto, so most buyers making a genuine mistake will ask you to simply release, not cancel. If payment truly has not arrived, cancelling is completely appropriate and returns your crypto safely, and completing that step inside Binance P2P keeps the record clear for everyone.
The key habit stays the same across every scenario: check your actual bank balance yourself before taking any action, and if the situation feels unclear, ask Binance support before you decide.
@Binance Vietnam #BinanceP2PAnToan $AKE $APR
If a seller cancels an order after actually receiving payment, the crypto locked in escrow simply returns to the seller's balance while the buyer's funds, genuinely sent, stay with the seller too, essentially handing over money for nothing in return. Scammers exploiting this pattern will sometimes claim they entered the wrong amount or changed their mind, asking you to cancel as a quick fix, hoping you either already checked your bank and saw funds, or that you will trust their word without confirming payment yourself. A request specifically to cancel after claiming payment was sent is unusual enough that it counts as a red flag worth pausing over.
I always ask the buyer directly why they want to cancel rather than release, and I keep that answer inside the order chat. A clear, consistent explanation usually resolves the situation quickly, while a vague or shifting answer is reason enough to slow down further.
The safe response depends entirely on what your own bank account shows. If you already confirmed real payment landed, cancelling would let you keep both the funds and the crypto, so most buyers making a genuine mistake will ask you to simply release, not cancel. If payment truly has not arrived, cancelling is completely appropriate and returns your crypto safely, and completing that step inside Binance P2P keeps the record clear for everyone.
The key habit stays the same across every scenario: check your actual bank balance yourself before taking any action, and if the situation feels unclear, ask Binance support before you decide.
@Binance Vietnam #BinanceP2PAnToan $AKE $APR