Cryptocurrency Q&A What happens if the seller does not release Binance?

What happens if the seller does not release Binance?

noah_smith_researcher noah_smith_researcher Thu Jan 23 2025 | 6 answers 1747
I'm concerned about a situation where the seller refuses to release Binance coins or tokens. What are the possible consequences in such a case? Would I lose my investment or face any legal issues? What happens if the seller does not release Binance?

6 answers

CryptoVisionary CryptoVisionary Sat Jan 25 2025
Binance maintains the authority to deactivate accounts of users who fail to cooperate throughout the transaction process.

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WhisperWind WhisperWind Sat Jan 25 2025
When a buyer utilizes a real-time payment method and successfully concludes the payment, specific expectations are set for the seller.

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AmethystEcho AmethystEcho Sat Jan 25 2025
The seller is required to release the cryptocurrency to the buyer promptly after receiving confirmation of payment.

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Caterina Caterina Fri Jan 24 2025
If the seller fails to fulfill this obligation within 15 minutes of payment confirmation, Binance will intervene.

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Nicola Nicola Fri Jan 24 2025
Binance's customer service team plays a crucial role in such scenarios, acting as mediators between buyers and sellers.

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