#BinanceSafetyInsights

Spammers aren’t just filling up your wallet for fun. They’ve got a plan, and it’s all about getting to your crypto. Here’s how they usually operate:

Distract: By cluttering your wallet with random tokens, scammers hope to confuse you, especially during trades. Imagine trying to swap stablecoins for ETH, only to accidentally select a fake ETH token instead. One small slip, and your real funds are gone.

Entice: Some scammers go a step further by adding liquidity to these spam tokens, artificially inflating their value to make them look like the next big thing. The goal? To lure you into buying more. But here’s the trap: once you buy in, you often can’t sell it.

Trick: Some spam tokens come with messages like “Claim your prize!” or embed phishing links right in their token names. These shady URLs lead to fake websites designed to steal your private info — from wallet credentials to seed phrases.