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p2p blocked

Binance

Cryptocoins Exchanges / Binance 211 Views

I have been trading using p2p, advertising trades by myself to save a few bucks. However, my p2p account was unexpectedly blocked a few days ago. I wrote to the support, and they explained (after some efforts of my part) that the reason they banned my p2p account is that I completed more than 7 transactions in 10 minutes. Apparently, I should have traded everything in one transaction, even if I was not the one initiating the transaction (I posted my ads, and other traders wanted to trade with me). This came to me as a shock, as such restriction was not written in the contract I agreed to when initiating my trades. Even if the support agreed it was not written in the contract, they still refused to reopen my account and told me the decision was final.

Has anyone faced a similar situation and managed to solve it/has anyone any insight on options I could have? This is especially problematic/frustrating for me as I do not live in my native country at the moment and crypto is the only solution I found to exchange my money to the local currency.

TLDR: I've been blocked from using p2p on Binance for (what I believe to be) unfair reasons. Has anyone managed to lift such a restriction?

submitted by /u/Willy_Nicky_Vicky
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