#ETFWatch
TreasureNFT has been identified as a scam within the cryptocurrency community. The platform lures investors with promises of daily returns between 4.3% and 6.8%, which are unrealistic and characteristic of Ponzi schemes. Users have reported difficulties in withdrawing funds, with some accounts being locked without explanation. The platform's heavy reliance on a multi-level referral system further raises suspicions of its legitimacy. Engaging with such fraudulent platforms not only leads to financial losses for individuals but also undermines trust in the broader crypto ecosystem. It's crucial for investors to exercise due diligence and be wary of platforms offering guaranteed high returns.
Regarding Binance, while it supports NFT transactions, it's important to note that payments on Binance are facilitated using cryptocurrencies, not NFTs themselves. Users can buy, sell, and trade NFTs on Binance's marketplace using supported cryptocurrencies, ensuring secure and efficient transactions.