Please read this carefully. Lately, many fake users have been spotted on Binance Square using tricky methods to cheat innocent people. They pretend to be professional traders or signal providers, but their real goal is to take money from you—not to help you earn.
Here are some common scams you need to watch out for:
Fake Signal Providers – Some users promise highly profitable trading signals. First, they’ll ask for your WhatsApp or Telegram number. Once you connect with them, they’ll demand a payment or registration fee before giving any so-called “signals.”
Profit Sharing Tricks – Others claim that they’ll provide trading signals and you can split the profit 50/50. But what they don’t tell you is that if there’s a loss, they won’t share that—you bear the full risk while they take a share of any gains.
Paid Groups – Some scammers will try to get you to join their VIP or premium groups, saying you’ll make high profits. But once you pay the fee, they stop responding or give you useless signals.
Fake Educators – A few users claim they will teach you how to earn on Binance Square for “free.” But later they’ll say you need to pay a small fee to “unlock” their strategy. This is another way they trap people.
These are just a few tricks being used—there are many more types of scams happening every day. I will continue to share updates and expose these scams on my profile from time to time so you can stay informed.
Important Reminder:
These scammers are not real traders. They don’t earn from trading—they survive by tricking people and targeting your money. Always be careful when someone approaches you with such offers.
What You Should Do:
Never send money to anyone you don’t fully trust.
Avoid sharing your contact details with unknown users.
Don’t fall for promises of guaranteed profits—there’s no such thing in trading.
If someone sounds suspicious or asks for money, report them immediately to Binance.
Let’s Work Together to make Binance Square a safe and trustworthy place for everyone. Stay alert, stay informed, and support the Binance community by reporting scam behavior when you see it.