Binance P2P: How Am I Protected as a P2P Trader? | Binance Blog

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Binance P2P: How Am I Protected as a P2P Trader? | Binance Blog
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At Binance, user safety is always our top priority. Discover more about how we keep our users safe on Binance P2P in this blog 👇

, especially for users who prefer a greater variety of payment methods. The P2P trading process has come a long way since its inception but there are still potential risks involved in P2P crypto trading.

To keep malicious actors away from our platform and to give our users peace of mind, we’ve implemented several robust security features, such as rapid security updates, merchant verification, an escrow service to safeguard transactions, and 24/7 customer support.Our users are at the core of our P2P platform and wider ecosystem. Below, we’ve highlighted the key features on our P2P platform that help create a safer trading environment for our users.

platform in the past year. This includes more stringent ad requirements and improved risk management algorithms.We enforce a strict vetting process for all our verified merchants to give users a more secure P2P trading experience. Users can choose to transact only with verified merchants by filtering their P2P ad screen to "verified merchants only".

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