Recently, I have experienced the newly launched C2C Selected Area on Binance a few times, and it feels quite different. If everyone is concerned about security, you can look into it—
The reason is simple:
It essentially adds an extra layer of insurance when withdrawing funds:
1️⃣ The merchants or advertisers in the C2C Selected Area are either selected from high-quality merchants by Shield or are merchants that have entered by providing a large deposit, ensuring higher overall quality and protection.
2️⃣ If funds are judicially frozen within 30 days, you can receive compensation of half, up to a maximum of 20,000 USDT. This provides a strong sense of security, suitable for most people.
However, the Selected Area charges a 0.2% fee. If you don't want to pay this fee, I feel that using Shield merchants honestly is also fine!
Currently, there are new product benefits (as shown in the image):
For first-time users buying coins in C2C, if you buy over 50 USDT, you can receive a 15% BNB cashback (up to 10 USDT; buying 67 USDT of BNB can maximize this) along with a Koi Prize.
Details:
https://www.binance.com/en-CN/support/announcement/detail/a70fafb9eb6045678220be68d0976fc6
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