P2P trading is a popular and convenient way to buy and sell cryptocurrency, but scammers are getting more creative—and more dangerous. Here's how these scams work and how you can stay ahead of the curve:
🕵️♂️ How P2P scammers work:
1. Setup:
You place a P2P order on Binance, complete the payment in fiat, and think the transaction is done. But the scammer has other plans...
2. Opening sentence:
After payment, the scammer will contact you outside of Binance, via platforms like Telegram or phone calls. They will try to manipulate you into canceling the order, using excuses like delays or claiming that the payment was not made.
3. Master plan:
For more cautious users, scammers will step up their game. They may impersonate Binance customer support, asking you to scan a Web Login QR code. Once you scan it, they will access your account, cancel your order, and steal your crypto—right under your nose! 😱
🔐 How to protect yourself:
Once you have paid, never cancel your order. Doing so could put your cryptocurrency in the hands of scammers.
Ignore suspicious requests to verify payments or cancel orders outside the Binance app. Customer support will never request sensitive information through unofficial channels such as Telegram.
Double check any customer service requests by contacting Binance directly through the Binance app or official website.
💪 Stay safe, stay smart:
The world of cryptocurrencies is full of opportunities, but safety comes first! Keep these tips in mind and make sure your assets are in your hands, not in the hands of scammers.
👉 Remember, your best defense against scams is vigilance. Don't let them catch you off guard!