(Binance) or any cryptocurrency trading platform can be done in multiple ways, especially when dealing outside the platform or with unreliable parties. Here are the most common fraud methods to be cautious of.
🔴 First: Fraud in P2P transfers
It is one of the most common ways fraud occurs:
1. Sending a forged proof of payment
The fraudster sends a 'forged' image of the bank transfer receipt.
Pressures the victim to release the currency in Binance, even though the actual transfer didn't take place.
2. Transfer from a stolen account
The fraudster uses a stolen bank account or payment app.
If you release the currency to him, the bank may demand a refund, and your account will be frozen later.
3. Fraud using third parties
A third party is asked to transfer money for you (without knowing they are a victim).
In the end, the fraudster receives the currency, and the innocent person gets entangled in legal reports.
🔴 Second: Fraud through fake links (Phishing)
A link similar to the Binance platform is sent.
When you log in, your data is stolen, and your money is withdrawn from the account.
🔐 Solution: Do not click on any links sent to you via WhatsApp, Telegram, email, or unknown messages.
🔴 Third: Fraud through fake projects or money doubling
Someone promises you that they will transfer you doubled profits in exchange for an initial transfer.
Once the money is sent, they disappear.
🔴 Fourth: Fraud in transfer services outside of Binance
For example, someone offers to transfer $