I actually wanna do p2p trading on binance . I wanna know how much it's safe . And is there any better option from P2P trading?
However, P2P trading platforms are safe. P2P transactions are absolutely safe on all platforms, not just Binance.You cannot do P2P trading without such a verified user. You need to be a maximum verified user to do P2P trading.You cannot think of any escape. If you think that I won't release the dollars then surely there will be authorities to take action against you and your dollars will be locked from your account will be done.
There are still lot of possibilities that even how those sellers in Binance or other platforms are legit or well verified, risks still there, so that's why I am very careful to do transactions there, like double verify first the seller, check profile ,check feedbacks of past customers, and another thing is dividing my orders or splitting them into small amount with multiple transactions just to be safe.