Scammers are leveling up — and the victims are often experienced traders.
Here’s what’s out there, how it works, and how to guard your crypto.
1. The Screenshot Trick
They “send” you payment, show a perfect bank screenshot… but no funds ever arrive.
📌 Stay safe:
Log in to your bank — don’t trust images.
Keep all messages inside Binance chat (helps in disputes).
2. The Reversal Attack
Payment via PayPal, cards, or other reversible channels. After you release USDT, they reverse the transaction.
📌 Stay safe:
Use only verified bank transfers.
Avoid reversible payment methods entirely.
3. The “Better Deal” Lure
Buyer asks to move the trade to WhatsApp/Telegram for “no fees” or “better rate.”
📌 Stay safe:
Never trade outside Binance escrow.
Once outside, Binance can’t protect you.
4. The Overpayment Trap
They “accidentally” send you more than agreed, then ask for a refund. Later, the original payment is reversed — you’re out the refund amount.
📌 Stay safe:
Wait until funds are confirmed genuine & irreversible.
Contact Binance Support if this happens.
5. Phishing Links
Emails or DMs that look like Binance but lead to fake login pages. Enter your details → account takeover.
📌 Stay safe:
Check URLs (must be binance.com).
Use Google Authenticator 2FA & withdrawal whitelist.
6. Signal Group Pump & Dumps
Private groups promise coins that will “moon.” Price pumps briefly, then insiders dump, leaving you wrecked.
📌 Stay safe:
Ignore hype groups & “insider tips.”
DYOR before buying anything.
💡 Quick Safety Checklist
✅ Always confirm funds in your account before releasing crypto
✅ Stick to Binance escrow only
✅ Avoid reversible payment methods
✅ Keep chats inside Binance
✅ Enable strong 2FA
✅ If it sounds too good to be true — it is
