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.
And this is the right way to go about this, just because a platform is legitimate that does not mean there are not going to be scammers that know how to game the system and take advantage of those which are not careful, and while the measures you are implementing are important, probably the best is the one of dividing your orders in many small amounts, that way if a scammer targets you at best they are only going to get a very small amount of money out of you.