Cryptocurrency Q&A
What happens if a buyer doesn't pay on Binance?
What happens if a buyer doesn't pay on Binance?
Valeria
Fri Dec 06 2024
|
7 answers
1830
I'm wondering about the consequences on Binance when a buyer fails to make a payment. What are the possible outcomes or actions taken by the platform in such a scenario?
7 answers
Martina
Sat Dec 07 2024
Binance emphasizes that it does not bear any responsibility for financial losses incurred as a direct consequence of transactions conducted on its platform.
Was this helpful?
228
32
Stefano
Sat Dec 07 2024
In cases where the buyer fails to respond promptly or declines to pay the outstanding balance, the seller will be required to initiate a refund for the amount already received.
Was this helpful?
193
46
GeishaCharm
Sat Dec 07 2024
Users are advised to conduct thorough due diligence before engaging in any trading activity.
Was this helpful?
347
81
Sara
Sat Dec 07 2024
Binance maintains the authority to temporarily deactivate accounts of users who exhibit non-cooperation during this refund process.
Was this helpful?
103
46
DigitalLegend
Sat Dec 07 2024
BTCC, a prominent cryptocurrency exchange, offers a comprehensive range of services tailored to meet the diverse needs of its users.
Was this helpful?
239
62
Load 5 more related questions
