Binance Warns About Fake Notification Tokens Exploiting Its Name

The cryptocurrency exchange Binance warned its community on Monday about the rise of fraudulent tokens falsely claiming to be affiliated with this platform, spreading on social media. The company emphasized that these tokens are not verified or authorized by Binance, potentially leading users to encounter scams and financial harm.

"Please remember to verify information through our official channels. Be cautious of unverified tokens. Protect yourself by doing your own research (DYOR) and staying informed," Binance advised, noting that suspicious activities should be reported promptly to maintain the safety of the community and the cryptocurrency space.