đĄď¸Â How to spot crypto scams before itâs too late
Entering the crypto space is excitingâbut it's also full of traps. Scams are everywhere, and even experienced traders can fall for them. Here are five red flags to help you stay safe and protect your funds.
đŠÂ 1. Unrealistic promises
âIf you invest $100 today, youâll earn $1,000 by tomorrow.â
No legitimate project can guarantee returns. If it sounds too good to be true, it probably is.
đŠÂ 2. Fake giveaways and impersonators
Scammers often pretend to be official Binance accounts or crypto influencers, offering free BTC or ETH in exchange for your crypto. Binance will never ask you to send funds to receive funds.
đŠÂ 3. Suspicious links and DMs
Never click on random links sent via Telegram, X, or Discord. Always double-check URLs and avoid downloading unknown files. Scammers often use fake websites that look nearly identical to real ones.
đŠÂ 4. Pressure tactics
If someone says âyou have 10 minutes to send cryptoâ or youâll âmiss the deal,â thatâs a big warning sign. Scammers rush you so you donât think clearly.
đŠÂ 5. Unverified projects and tokens
Research before buying any new coin. Use trusted platforms like CoinMarketCap and always DYOR (Do Your Own Research). Avoid shady presales and pump-and-dump schemes.
đ Protect your account
Enable two-factor authentication (2FA), never share your seed phrase, and use a secure, well-established exchange.
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 Always trade on reliable exchanges with large liquidity to protect yourself from market volatility.
đ Trade safely on Binance
Staying safe in crypto isnât just about knowledgeâitâs about caution. Donât let scammers take what youâve worked for. Stay alert, stay smart.