# **🚨 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)

#Alpha