Binance is a great platform for trading, but just one small mistake can leave you completely broke! Here are the major mistakes that people often make—avoid them at all costs! 🚨
1️⃣ Deposit Money into the Wrong Network
You want to withdraw USDT but accidentally select TRC-20 instead of ERC-20, but your wallet only supports ERC-20. Boom! Your money is gone! 💔 Always double-check the network before confirming any transactions!
2️⃣ Fall into the Trap of Scammers and Hackers 🎭
You receive a message from "Binance support" via email or Telegram asking for your login information. You enter it, and just a few seconds later, your account is compromised, and your money disappears! 😱 Remember, Binance support WILL NEVER message you first! Always use the official website: www.binance.com.
3️⃣ Use Weak or Previously Used Passwords 🔑
Some people use "123456" as their Binance password… 🤦♂️ Hackers love this! If you use the same password for your email, you're done! 💸 Use a strong, unique password and enable 2FA (Google Authenticator) to protect your account!
4️⃣ Trading with 100x Leverage Without Risk Management 💀
Leverage can wipe out your account in just a few seconds! Some traders see a small price movement and INVEST EVERYTHING with 100x leverage, only for the market to have a slight reversal—bankruptcy happens instantly! 😭 Use low leverage and always set a stop-loss order to protect your money!
5️⃣ Click on Fake Airdrop Links 🚫
"Congratulations! You've won 10,000 USDT! Click here to claim!" If you click here, you are opening the door for hackers to withdraw money from your wallet! 😭 Stay away from suspicious links and never connect your wallet to untrustworthy websites!
🔥 Don't Make These Mistakes! Binance is not responsible for your errors! Always check everything carefully, use strong security measures, and never get scammed! 🛡️
