Recently, in relation to crypto, scams have been increasingly encountered within the community as well as in foreign communities. Most of them are taking advantage of the friendly interactions that resemble a significant scam called 'give me help'. When such issues arise, it is important to investigate the source of why it happened before blaming anyone. When you investigate like this, trading without a trustworthy intermediary has become a major problem. It is from a state where neither party trusts the other that scams happen during money transfers.
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In this case, if you are wondering who the trusted intermediary is, it is Binance. It is not outside Binance; all CEX providing P2P services can be trusted to a certain extent. However, among these CEXs, we will take Binance P2P as an example. On the Binance P2P zone, you can trade freely with over 700 payment options for more than 100 supported currencies.
What is essential for a trader is 10% discount is the Binance account link. If the account opened with that link is not yours, you should open a new account with this link before trading.
https://accounts.binance.com/en/register?ref=SBKZZWWJ
Referral Code for Future Trading: myancrypto
Referral Code for Mining Account: E381THBL
If the other party also supports the payment method you want to use, then the transaction is on. The unique aspect is that when buying and selling between parties, Binance holds the money in between.
Once it is confirmed whether the Myanmar money transfer from the other side is successful or not, Binance will transfer the USDT held by him to the other party, allowing for trading with minimal concerns.
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For new users who have no idea about using P2P and are afraid of making mistakes, Binance has arranged a New P2P User trading zone within P2P. In this zone, only the most trusted and experienced Verified Merchants will be displayed, and merchants will also invite you, so you can start safely without any errors.