Today I encountered a rather unpleasant case when buying crypto via Binance P2P.
I had already paid the full amount, with the correct recipient name, but the seller claimed they hadn’t received the money and refused to release the crypto. I messaged the seller again in the P2P Chat, asking them to check a few more times, but the situation remained unchanged.
In the end, I decided to open an Appeal.
What was surprising is that Binance Support didn’t even need to step in yet—the seller messaged back and released the crypto for me.
I don’t know the exact reason why they changed their approach, so I don’t want to speculate. But this case made me look at Appeals differently before.
I used to think that opening an Appeal automatically means having to wait for Binance Support to review, verify, and then make a final decision. That’s why, in many cases, I also felt hesitant to appeal for fear that a simple order would drag on.
In reality, the process doesn’t necessarily have to go that far.
Once an Appeal is opened, the counterparty is notified and given a chance to respond. If the issue gets resolved at that stage, the order can end without Binance Support needing to step in to arbitrate.
So, if the payment is completed, the seller hasn’t released, and the discussion in the P2P Chat doesn’t resolve the problem, I won’t avoid opening an Appeal just because I’m worried about losing time. For me, this is also a simple safety rule: when direct handling is no longer effective, use the proper process that Binance P2P provides instead of waiting indefinitely.
This case also made me realize something else about the safety features on P2P.
Their value isn’t always in the Support having to intervene all the way to the end. Sometimes, it’s enough for an official mechanism like an Appeal to be triggered, and the way both parties handle the transaction changes.
#binancep2pantoan @Binance Vietnam