Falling for triangulation scams on Binance P2P
The mistake: Accepting bank transfers from accounts whose account holder’s name doesn’t match the name registered on the Binance platform.
The consequence: Receiving funds from stolen or hacked bank accounts. The bank may subsequently freeze your funds, exposing you to serious legal problems.
The solution: When trading P2P, firmly reject payments from third parties. The name of the bank transfer sender must exactly match the name on Binance. $PEPE
$SHIB
$DOGE
The mistake: Accepting bank transfers from accounts whose account holder’s name doesn’t match the name registered on the Binance platform.
The consequence: Receiving funds from stolen or hacked bank accounts. The bank may subsequently freeze your funds, exposing you to serious legal problems.
The solution: When trading P2P, firmly reject payments from third parties. The name of the bank transfer sender must exactly match the name on Binance. $PEPE
$SHIB
$DOGE