Binance.com has many useful features. Probably the greatest is P2P (Peer to Peer) where
people can change cryptos and promote or buy cryptos for fiat at very low transaction fees.
On Feb 6, I went to the P2P page to promote some BUSD. I did attempt the P2P service for the first time the earlier week, with combined results. I’m 77, so it takes me longer to get the grasp of how issues work, as in comparison with a sometimes a lot younger crypto consumer.
The P2P page lists members’ monitor report in variety of orders & completion proportion.
I chosen Coin Hub, because of their superior statistics. I had some hassle following the offered instructions. The individual I was interacting with, was not very helpful.
As soon as I related to the desired website, it turned instantly obvious that the location was that of a full fledged FSO (monetary providers group). My fast reaction was why an FSO on a P2P page? Too Late. Warning bells began going off and loudly.
I could also be previous, however I’m not stupid. The link to their website is a singular url that modifications for each entry. So my 15 second visit to their website has given Coin Hub the appropriate to freeze my funds that where meant for the change.
I instantly advised my counterpart that I was not inquisitive about continuing additional. He
shortly turned very aggressive and advised I had no selection.
Thank you Binance! In summary, I'm out 10,000 BUSD. Fortuitously, the process permits me to refuse to launch the BUSD.
On the opposite aspect, Coin Hub can simply move on to it’s subsequent victim.
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