#ScamRiskWarning SOME COMMON SCAM TACTICS IN BINANCE SQUARE TO BEWARE - part 1 Theme: Tip Scams Binance square is a great platform for all kinds of crypto and web 3 news and lessons. However , many scammers have find their way into the platform especially since it was opened to all. Though I have not been scammed on Binance square , but with my experiences in the crypto industry, I have come across a lot of fraudulent posts which aim at scamming uninformed individuals . The safety of @Binance Square Official community is very important to me. so read carefully not to fall victim. SCAM TACTICS ! 1. Fake Airdrop!! Just like the last cases where fraudulent creators posted PEPE airdrop: Tip $1 for $10 rewards , tip $10 to get $100 , tip $100 to get $1000, What ? Is the creator a money doubler ? a magician ? what is his gain? No, don't tell me it is philanthropic gesture because it is a pure scam!! No genuine airdrop will require you to Tip a creator before you qualify 📌 Avoid such post at all cost. 2. Fake philanthropist !! I have also come across posts like, I want to share $500, $1000, $10000, $20,000 etc to my community . All you need to do is Tip me at least $1 to qualify for the distribution . I have a lot of money and I just want to share! what ? You have a lot of money that you want to share to your community and you still ask them to tip you ? Are you okay ? This is totally fake and scam because after tipping , you won't receive a dime ! Avoid them! Wait for part 2 soon
How'd you feel if Bitcoin had physical coins? what would be the effects of that if it ever happens in future ? (I know it's not gonna happen but what it? ) #BTC#BinanceLaunchpool $BTC $BNB $SOL
A user's recent loss of $840 serves as a stark reminder of the risks lurking on Binance's P2P platform. Here's what went down: The user, trusting in Binance's reputation, entered a sell order for BTC on the express P2P section. The system quickly matched them with a buyer. Despite initial confidence, disaster struck when the buyer vanished into thin air after receiving the crypto, leaving the user in financial distress. This incident underscores the need for caution when navigating P2P trading. Protect yourself from similar scams by: ✔️ Using reputable platforms like Binance. ✔️ Verifying payments in your account before proceeding. ✔️ Utilizing the platform's secure messaging system and refraining from sharing personal info prematurely. ✔️ Staying informed about the latest scams and tactics employed by P2P scammers. Stay vigilant and spread the word to shield our trading communities from harm. Let's prioritize safety and security above all else! @Binance #ScamRiskWarning $BTC $ETH $SOL