safecommunity

Hey, binancers!
To wrap up the week on the security topic, today we're going to discuss one of the worst moves you can make: using an account that isn't in your name.
Many think that "buying" a verified Binance account gives them total control; major mistake. Here’s why the original owner always has absolute power over "your" funds:
1. The Master Key is the Face: Even if you change the password, phone, and email, the real key is Facial Verification (KYC). If Binance detects any suspicious activity or if the original owner claims it, the platform will request a facial re-verification in seconds.

Hey there, my newbie binancers!
To know how to defend yourself in P2P trading, it's crucial to learn when to open a dispute or when to file a report. The key to avoiding mistakes is understanding who safeguards your assets during a trade; today, we're diving into the famous ESCROW.
What is ESCROW and why is it your best buddy in P2P?
Imagine you're selling 100 USDT. At the moment you place the order, those USDT aren't in your wallet or the buyer's; Binance 'locks' them in a safety deposit known as ESCROW.