#binancep2pantoan @Binance Vietnam
P2P trading on Binance uses an escrow mechanism: the seller’s assets are locked until the transaction is completed, helping to reduce the risk of scams. However, the bank payment portion is outside this system, so caution is still necessary.
Some important principles:
• Always communicate within Binance chat—do not move to Telegram, Zalo…
• Only press “Release” (disburse crypto) after you have verified that the money has truly arrived in your bank account; do not trust transfer screenshots.
• Be alert if funds are sent from a third-party account—this may be related to money laundering.
• Do not cancel the order after you have received the payment, even if the counterparty requests it.
• Prioritize reputable counterparties with a high completion rate, and enable 2FA for your account.
P2P trading on Binance uses an escrow mechanism: the seller’s assets are locked until the transaction is completed, helping to reduce the risk of scams. However, the bank payment portion is outside this system, so caution is still necessary.
Some important principles:
• Always communicate within Binance chat—do not move to Telegram, Zalo…
• Only press “Release” (disburse crypto) after you have verified that the money has truly arrived in your bank account; do not trust transfer screenshots.
• Be alert if funds are sent from a third-party account—this may be related to money laundering.
• Do not cancel the order after you have received the payment, even if the counterparty requests it.
• Prioritize reputable counterparties with a high completion rate, and enable 2FA for your account.