In the early days of trading Binance P2P, I checked almost everything. The longer you trade, the more you come to trust the information you checked beforehand.
I often look back for traders who previously traded well and save the account number (STK) of someone who has been traded with multiple times. Once, when buying 1,500 USDT, I chose a familiar STK from my banking app and almost transferred on reflex. Before the final step, I went back to the Order verification page. Everything matched.
But it was exactly when nothing seemed wrong that I realized a mistake: having the STK saved helps me enter quickly, but it doesn’t verify against the current Order. A good history helps me assess the counterparty, but the money that’s about to be transferred must be checked using the information of the currently open transaction. If there are any mismatches or unusual changes, I stop to clarify. “It has been correct before” doesn’t automatically mean “it’s correct now.”
Since then, before making payment, I verify the correct recipient, the STK, the amount, and the content/reference code if the Order requires it—then I cross-check everything twice. I keep my communication within the P2P chat; if there’s anything unclear, I use Appeal/Support instead of handling it outside on my own. The Order ID and the payment proof are also retained when verification is needed. The crypto for the trade remains in Escrow throughout the process.
I still look for old traders, I still save STK, and I still trade quickly like before—but before the money leaves my account, I always return to the correct Order and check twice.
$DOS $VELVET $CYS
Do you re-check the Order information before transferring money on P2P?
Last night, I was selling USDT on Binance P2P. The order was open, and when the buyer was about to make the payment, I realized that my account for receiving funds was no longer in use. If the money were transferred, the issue wouldn’t be the counterparty—it would be due to outdated information on my side.
Sending a different account via chat takes only a few seconds, but it would create two sources of information for the same order. I didn’t do that. I kept the transaction on Binance P2P, where the crypto remains in escrow. And if the handling method wasn’t clear, I could use Appeal/Support instead of improvising a different plan midway.
I contacted Support and followed the instructions for the current order. Then, I deleted the payment method that was no longer used and updated the information before continuing with the trade. When selling, I still only released after the money was actually credited; the Order ID and exchange history were kept for cross-checking when needed.
That 8,760,000 VND didn’t go anywhere by mistake, but it added one more item to my checklist: before checking whether the other person did everything correctly, make sure I gave them the right information to do so.
A safe transaction requires both people to do the right thing. And my part of “doing the right thing” has to start first. $DOS $GRVT $TST