#BinanceScamProtect

HOW BINANCE SAVED ME FROM LOSING 1000 USDT

Let me share my experience.

I was contacted on Telegram by someone offering to sell me BTC at a 5% discount. The deal was simple: he would send BTC to my blockchain wallet, and once received, I would transfer him the equivalent in USDT.

Normally, I’m very cautious with these kinds of offers—I never send funds without verifying that the crypto is in my wallet and that the sending address isn't linked to suspicious activity.

I shared my BTC wallet with him. Shortly after, I saw BTC appear in my wallet. The sending address looked clean, and everything seemed legit. However, the transaction was still pending on Blockchair, and there was no confirmation on the Bitcoin blockchain. I thought, “Well, it’s showing in the wallet, maybe it just needs time.”

I then attempted to send him the USDT through Binance using his BEP-20 address—but Binance refused, warning me that the address was reported as associated with a scam.

I thought Binance was being overly cautious, so I asked the guy for another address. He sent a second... then a third... and each time, Binance flagged the address as linked to fraudulent activity.

That’s when it hit me: this deal wasn’t right. I asked to send the BTC to an exchanger first to be safe. He immediately objected, saying I was wasting his time. Long story short—the pending BTC never arrived. It completely disappeared from my wallet, as if nothing was ever sent.

If it weren’t for Binance’s scam alerts, I would have lost 1000 USDT.

Moral of the story:

🚨 If it looks too good to be true, it probably is.

💡 Always trust platforms that take your security seriously.

Thank you, Binance. You saved me. 🙏

#CryptoSafety #BinanceSecurity #ScamAwareness