#StaySAFU
Introducing the fifth topic from our Risk Management Deep Dive – #StaySAFU
The crypto space is filled with scams that can endanger your investments, such as phishing scams, rug pulls, pump and dump schemes, fake ICOs, and more. Understanding how to identify and avoid potential scams is crucial for protecting your assets.
👉 Your post could include:
• Share your personal experiences with scams, how you dealt with them, and the important lessons you learned.
• What are some of the red flags or warning signs you noticed?
• Share the tools or resources you use to verify information and avoid scams.
Example post - "I once received an email offering guaranteed high returns on a lesser-known crypto token, which raised my suspicion. After doing some research, I found that it was not listed on reputable exchanges and lacked credible backing. A few days later, the project was revealed to be a rug pull. Always check verifiable information and trust your instincts! #StaySAFU "
📢 Create a post with #StaySAFU and share your insights to earn Binance points! (Press “+” on the main page of the App and click on Task Center)
Full campaign details here.