​Did you know how Binance P2P protects both buyers and sellers? The escrow mechanism is the “heart” of this system, ensuring that the assets of both parties are securely locked until the payment obligation is fulfilled. Thanks to this, even if the other party intentionally delays or shows signs of fraud, you still have sufficient grounds to request a resolution. To make the most of this protection layer, always trade on the platform and never leave the system chat. Before entering a trade, the first step is to verify your counterparty’s identity and profile, and to strictly cross-check the bank account name. While placing an order, stay alert to suspicious signs such as: being pressured to complete the transaction quickly or being asked to make payment through a third party’s account. Always check your balance yourself in the banking app instead of relying on a receipt image. If any issue occurs, immediately save the Order ID, the receipt, the chat history, and contact Binance Support 24/7 for a fair resolution.

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