🚨 STOP Making These 3 Common Mistakes on Binance P2P! (2026 Guide)
Trading is not just about making profits; it’s about protecting what you already have. Lately, many traders are facing issues like bank account freezes and payment disputes. If you want to keep your funds safe, read this carefully! 🧵👇
1. Chasing the "Best" Price 🚩
If someone is offering a rate significantly higher/lower than the market average, it’s a red flag. Scammers use attractive rates to lure victims. Always trade with Verified Merchants (those with the yellow tick) and a high completion rate (95%+).
2. Accepting Third-Party Payments 💸
Never, and I mean NEVER, accept money from a bank account that doesn't match the name on the buyer's Binance profile. This is the #1 reason for bank accounts getting frozen. If the names don't match, cancel the trade and report it immediately.
3. Clicking "Release" Before Checking Your Balance 🏦
Don't trust screenshots or SMS notifications. Scammers use fake SMS apps. Log into your banking app, confirm the funds are "Clear" and "Available," and only then release the crypto.
Pro Tip: Always keep your chat within Binance. Never take the conversation to Telegram or WhatsApp. This ensures Binance Support can help you if an appeal is needed.
Stay Safe & Trade Smart! 🚀
#Binance #P2PScamAwareness #CryptoSafety #tradingtips #RiskManagement
