In the young crypto industry, scams are becoming increasingly sophisticated, requiring users to raise awareness. Binance, as a leader, implements 8 risk control measures to protect users from scams:

  1. Pop-up Notification: Alerts users to signs of scams through pop-up notifications.

    Illustration of Pop-up Notification

  2. Risk Assessment Form: Provides a questionnaire to help users identify scam traps.

    Illustration of interactive risk assessment form

  3. Warning of Harmful Addresses: Collaborating with security companies to build a database of risky addresses.

    Illustration of global harmful address database warning

  4. Freezing Small Commission Money: Freezing suspicious cash flow and contacting potential victims.

    Illustration of freezing small commission money

5 & 6. Pause Time: Set a pause of 1 or 24 hours for at-risk users to prevent impulsive withdrawals.

Illustration of 24-hour pause time

  1. Persuasive Chat: The support team will explain to users the warnings they receive.

    Illustration of persuasive chat

  2. Warning Call: Directly call potential victims to provide immediate support.

    Illustration of warning call

Always Vigilant

Users need to contact authorities if they are victims of scams. Binance is committed to cooperating with law enforcement agencies to protect users' assets. Binance's risk control team continuously strives to improve protective measures, ensuring a safe experience for users in the crypto world.

Source: Binance

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