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Alex is an experienced cryptocurrency miner who nevertheless fell prey to a fake online mining shop. Learn how to avoid Alexâs mistakes and protect yourself against such scams. Binance is tireless in continuously improving user experience at every stage of the user journey. Whether you're trading, mining, or exploring the possibilities of crypto, choose the platform that puts your safety and success first. For more details, refer to our anti-scam blog: Binance Anti-Scam Heroes: The Crypto Miner's Ordeal.
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Share-Seed-Phrase Scams: A Binance Guide to Protecting Yourself Against a Rising Threat There is a new type of scam that has been sweeping the crypto world recently: the share-seed-phrase scam. This scam works by manipulating crypto users into sending the funds from their allegedly compromised wallets to âsafeâ wallets that are actually set up by scammers in advance. If you have only five minutes today to learn about how to protect yourself against this scam, this is the guide you need to read.Â
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â ď¸New Anti-scam function released If you import a new wallet address from Trust Wallet, we will alert you as follows: â Only you know this secret phrase. â This secret phrase was NOT given to you by anyone, e.g. A Binance representative. â If someone else has seen it, they can and will steal your funds. â ď¸Binance will never send you a seed phrase or private key via SMS, call, or email. If someone asks you to import a private key, it's a scam.
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Passkeys: Unlocking Safer, Smoother Logins on Binance and Beyond â Passkeys offer a groundbreaking method of passwordless authentication that combines unmatched security and convenience, setting a new standard for digital protection. â Unlike two-factor authentication, passkeys significantly reduce the likelihood of users falling victim to phishing and SIM swapping attacks thanks to a cryptographic system that keeps your private key secure on your device. â With seamless device syncing and simplified logins, passkeys provide a faster, safer, and more user-friendly alternative to traditional password systems. For more details: https://www.binance.com/en/blog/security/passkeys-unlocking-safer-smoother-logins-on-binance-and-beyond-96068512972399427
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Beware of fake Binance scams We found that LATAM has encountered fake Binance scams. The scammers used the profile pictures of Binance employees, created TG/WhatsApp groups, and fabricated a complete "investment income" system. Obviously, these incomes are not real. Binance will never: 1.Contact you via unsolicited SMS, calls, emails or social network messages that direct you to unknown numbers or websites. 2.Actively guide promised high returns, especially those that sound incredible. If you find any suspicious activity, we recommend you report it (reporting channel).
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