#CryptoScamSurge

The cryptocurrency community has recently witnessed a surge in scams, dubbed #CryptoScamSurge, as market values reach record levels. Scamming methods include several deceptive practices such as:

• Fake airdrops

• Phishing links

• Impersonating official accounts or misleading through fake support messages on social media.

Binance states that the increase in these scams is a direct result of the growth of the cryptocurrency market, as many users rely on speed and trust without verification, making them easy targets for exploiters.

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🛡️ How to protect yourself from #CryptoScamSurge

1. Always verify links before clicking. Make sure the domain is correct and avoid clicking on shortened or suspicious links.

2. Do not share your Seed Phrase: legitimate tech support will never ask you to hand it over.

3. Ignore unsolicited messages: do not respond to unsolicited messages asking for information or directing you to perform transactions.

4. Think twice before enticing offers: if the offer seems “too good to be true,” it likely is a scam.

5. Education first: increasing awareness and learning about scam tactics is the first line of defense.