With every opportunity, there comes one thing – a flood of scams!
Recently, Ripple's CEO Brad Garlinghouse warned that fake Ripple channels on YouTube are deceiving people under the guise of XRP giveaways.
These scams have become so sophisticated that it's difficult for ordinary users to distinguish between the real and the fake. If we don't raise our voices now, it will become challenging for original creators to work on platforms in the future, as strict regulations may come.
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🔎 How to avoid crypto scams? My personal learnings:
📌 1. Live Giveaways on YouTube? 99% Scam!
I once went to a live stream where it said "Send 1,000 XRP and get back 2,000 XRP" – it was just a screen recording. Luckily, I didn't send it, but the warning signs were clear: comments were disabled, the link was redirecting outside.
📌 2. Don't trust the verified account badge
Scammers now use account names and logos that look official. Always check official links via platforms like Binance or CoinMarketCap.
📌 3. Sudden DMs on Social Media
If someone randomly messages you saying, “Airdrop is happening, join quickly” – be immediately alert. This could be a phishing attempt.
📌 4. DYOR – Do Your Own Research
Whenever you see a new token or scheme, don't immediately get hyped. Search for information about this project on Google, check the community, and definitely read the whitepaper.
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💪 The strength of the community is what can stop scams
We need to report fraudulent content, educate others, and share live examples of scams so that newbies can understand what the signs are.
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📲 Earn Binance Points
If you also post about #CryptoScamSurge, share your Trader Profile, or share a trade through the widget, you can earn 5 Binance Points!
🎯 Just go to: Binance App > "+" > Task Center
🕒 Activity Period: 24 July 06:00 UTC – 25 July 06:00 UTC
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💬 Have you had any personal experience with a scam?
Be sure to share in the comments below – so others can learn from your experience.
#CryptoScamSurge #BinanceSecurity #ScamAlert #XRPScam #BinanceSquare
