Binance P2P Scam Cases Are Increasing You Need To Know This
In the last 10 days, I have shared 2 posts regarding this issue and also Given the solutions. But now the concerning part is these cases are increasing. In the last 24 hours, lots of crypto users lost their accounts due to this issue. Crypto trading is already very difficult to do in India and now scammers increasing the difficulties. These scammers are active in p2p service, especially in binance. Because most Indian users are using binance p2p service. This is not a small scam.
The most dangerous part of this case you have to travel a lot which I also mentioned in my last posts. For example, if you are living in Delhi and the case is registered from Bangalore then you have to travel that distance which is the most difficult thing in this case. I am not going to share a solution because I have already shared a solution in that post. But I have forgotten to share the most important precaution and I will cover it in this post.
Because of these scammers, cryptocurrency's reputation is going down. These scammers want free money anyway and now they are targeting the p2p section. Direct withdrawal is very difficult due to the 30% tax issue and I know that no one is paying 30% tax in India and I am sure about that. If you are earned 100k then almost 30k will go in the tax which is a concerning thing. They are taking it as gambling and adding tax rules like gambling. Now who gives the lecture to this dumb government?
Choosing The Right Buyer
Just find reputed buyers in the p2p section and do the p2p with them this is the simple solution. In the greed of high price, you sell your crypto to a new buyer and this is where the problem starts. You will get little less money which is fine and better than the loss whole amount. So always take precautions.
I think group buy-sell is the better option between friends. There are many trusted communities and the users are reputed. Like I am doing p2p in India United and the users who are there, know them so there is no need to worry for me. Similarly, you can do this to save yourself from this type of scam. That's it and share/reblog this post.
Lucky Ali
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Hi I am lucky ali from gujarat, india. I am crypto enthusiast, blogger and SEO developer. I always interested to learn new things and getting new experience. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥ |
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Love this post.
The first time i actually used the p2p, i was scared, but after doing it twice, i became confident.
Before going for a seller, firstly check his/her reputation. There are some sellers that has 100% record which means they are very legit. But people makes the mistake of buying token from anybody.
Secondly it is advisable to contact the seller before making your transaction. Don't just make bank transfer with first messaging the seller to know if they are active.
I also read from above that, "30% tax is being collected from india citizens". This is my first time of hearing this, and that's very bad.
Even in my country, crypto transactions was banned, but we still manage to use the p2p system.
You have shared some great tips here. It will be fine if the seller gets less money, it is better than getting scammed by someone. Thanks for the comment.
Exactly you are right dear.
We should only trust on high reportation users.Greed is definetely curse.If we trust new users with low repo then we will be responsible for ourself.
Nice informative video.
Greed leads us to the scam so it is better to stay away from greed. Great comment.
Hi @luckyali
2p2 is good but we need to be vigilant and careful while dealing.
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You are right and thanks for the tip. I will look into it.
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