No one wants to fall victim to a crypto scam. That's why the Binance Risk Team has identified 12 of the most common types of crypto scams to help you understand ways that you can potentially avoid them. Have a read 👇
It might be a Telegram message from a supposed "Binance employee," an urgent phone call from a distant relative needing money, or a charming swindler professing their love for a costly price. Scams come in all shapes and sizes, but they all have one common goal: stealing your money.
This article serves as an introduction to a broader anti-scam blog series that will introduce the most prevalent scams in the crypto industry and the best practices to avoid them. We share this information to ensure our users are equipped with the latest security tips and advice because ultimately, you play one of the largest roles in protecting your funds.
Note that Binance employees will never contact you directly and ask for sensitive information. If you receive a message from someone claiming to work for Binance, block the contact and file a report toA romance scam involves a love interest attempting to start an online relationship with you in the hopes of stealing your money. These scams can sometimes take years to develop, as the swindler will start by requesting small loans before escalating to your entire life savings.
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