We all know that the Binance P2P market currently dominates the cryptocurrency space.

But in this industry, scams happen from time to time.

What measures Binance P2P has taken to ensure user safety?

The basic component of Binance P2P is a set of security measures provided to users.

P2P transactions are fraught with various risks such as fraud and theft.

Binance enhances the security of P2P transactions in four key areas: identity authentication, data analysis, customer support, and most importantly, custody services.

Custodian refers to the third party that holds the assets of both parties before the transaction is completed and confirmed.

In practice, the custodian can prevent criminals from exploiting P2P transaction loopholes and protect users from infringement, thereby greatly improving transaction security.

If you encounter any problems in the P2P transaction, users can contact Binance customer service for help at any time.

Go to Binance’s Official Website