Quote from: OmegaStarScream on October 20, 2023, 02:41:17 PM

Quote from: fokinlipat on October 20, 2023, 02:04:57 PM

I have heard that some scammers are making fake accounts on Binance for P2P and using hacked bank accounts for transfer. If we deal with them for P2P deals, our bank accounts can also get feezed. Have you ever faced this problem on Binance ? How can we reduce the chances of getting affected by this ?

I would imagine that someone using the method you mentioned would get caught quickly. I mean, for how long could someone use a bank account account that's not his?

Yeah, scammer would probably be able to use victim's bank account once or may be few times but deed is done, no? Also, scammers would likely have multiple such accounts lined up.

Something similar happened to me few years, this was the process:

Scammer creates a buy order, they have unsuspecting victim lined up with his bank details who is going to send money to seller or scammer sends it themselves if they got the access, scammer sends the money from victim's bank account, seller confirms that he received the money and p2p platform gives up the custody of coins because seller gave the confirmation that he received the amount, scammer gets the coins. Now, after few days seller gets chargeback from the victim's bank account that he was duped into sending money, seller loses the coins and his money received also gets freezed.

This is exacty what happened to me few years ago. It wasn't binance p2p but local p2p exchange.

My colleague frequently deals on binance p2p, his tip is, stick to reputed buyers/sellers even tho rates might be less. Scammers lure often by greed.