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 ?
That situation is possible but I doubt scammers can make fake accounts right away that easily and will use hacked bank accounts. There are lots of verifications needed on Binance P2P before becoming a merchant. Aside from that, there's no way we can avoid that if we really encounter a trade with a compromised bank account.
How to reduce the chances of getting affected by that?
a) only select merchants or do trade to only those with a 99% positive ratings
b) stop using Binance P2P