# **🚨 Binance Alpha Safety Alert: How to Avoid Liquidity Traps & Scams**
**⚠️ Warning:** Suspicious activity is targeting crypto traders—especially liquidity providers. Here’s how to protect yourself.
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## **🔴 Red Flags to Watch For**
🚩 **"Too good to be true" APY** (e.g., 1000%+ yields)
🚩 **Low liquidity + sudden price pumps** (easy manipulation)
🚩 **Aggressive shilling** (DM promos, "guaranteed" returns)
🚩 **Concentrated ownership** (few wallets control most supply)
*(If it smells like a scam, it probably is.)*
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## **💡 How to Stay Safe**
### **For Liquidity Providers:**
✔ **Check FDV/Market Cap** (avoid micro-cap tokens)
✔ **Understand impermanent loss** (even high APY can lose you money)
✔ **Avoid extreme price ranges** (volatility = higher risk)
### **For Traders:**
✔ **Verify liquidity depth** (thin pools = dangerous)
✔ **Watch for "risk banners"** (Binance flags risky tokens like $BR, $KOGE)
✔ **Ignore FOMO** (pump-and-dumps happen fast)
