P2P Security Guide: 3 Golden Rules for Trading 🛡️
Binance’s Peer-to-Peer (P2P) market is an incredible tool for moving your funds into local currency, but security must always be the number one priority.
Filter your counterparties: When browsing ads, enable the filter to show only “Verified Traders” (those with the yellow check) and make sure they have a completion rate higher than 95%.
Check your REAL banking app, never screenshots: NEVER release your crypto based on a text message (SMS), email, or screenshot sent by the buyer. Open your banking app and confirm that the balance is in your account.
Account holder mapping: The payment MUST come from a bank account in the name of the account holder of the Binance account. Don’t accept third-party payments to avoid triangulation.
#P2PSecurity #BinanceP2P #NoScams #P2PSafety
Binance’s Peer-to-Peer (P2P) market is an incredible tool for moving your funds into local currency, but security must always be the number one priority.
Filter your counterparties: When browsing ads, enable the filter to show only “Verified Traders” (those with the yellow check) and make sure they have a completion rate higher than 95%.
Check your REAL banking app, never screenshots: NEVER release your crypto based on a text message (SMS), email, or screenshot sent by the buyer. Open your banking app and confirm that the balance is in your account.
Account holder mapping: The payment MUST come from a bank account in the name of the account holder of the Binance account. Don’t accept third-party payments to avoid triangulation.
#P2PSecurity #BinanceP2P #NoScams #P2PSafety
