#binancep2pantoan @Binance Vietnam
💡 How Binance P2P worksThe platform operates based on a secured margin (escrow) mechanism:Place an order: You choose a suitable buy or sell advertisement on the Binance P2P Marketplace.Lock the coins: Binance’s system automatically locks the seller’s crypto amount.Payment: The buyer transfers money via a bank account or e-wallet to the seller.Release coins: After the seller confirms that they have received the full payment, the system unlocks and sends the coins to the buyer’s wallet.🛡️ Common risks and how to avoid them (Latest update)Even with a margin protection system, scams are becoming more and more sophisticated. You should be aware of the following tricks:AI-generated fake receipts: Bad actors send images or screenshots of a supposed transfer. Solution: Only click the confirm button when your bank account balance has truly increased.Chargeback scams: The buyer makes a real payment, receives the coins, then reports to the bank that they were scammed to reclaim the money. Solution: Only trade with merchants who have very high credibility.Off-app transactions: Scammers entice you with “transfer separately to be faster.” Solution: Absolutely only chat and operate within the Binance app.
💡 How Binance P2P worksThe platform operates based on a secured margin (escrow) mechanism:Place an order: You choose a suitable buy or sell advertisement on the Binance P2P Marketplace.Lock the coins: Binance’s system automatically locks the seller’s crypto amount.Payment: The buyer transfers money via a bank account or e-wallet to the seller.Release coins: After the seller confirms that they have received the full payment, the system unlocks and sends the coins to the buyer’s wallet.🛡️ Common risks and how to avoid them (Latest update)Even with a margin protection system, scams are becoming more and more sophisticated. You should be aware of the following tricks:AI-generated fake receipts: Bad actors send images or screenshots of a supposed transfer. Solution: Only click the confirm button when your bank account balance has truly increased.Chargeback scams: The buyer makes a real payment, receives the coins, then reports to the bank that they were scammed to reclaim the money. Solution: Only trade with merchants who have very high credibility.Off-app transactions: Scammers entice you with “transfer separately to be faster.” Solution: Absolutely only chat and operate within the Binance app.