Are there fake Binance apps?

Scammers are leveraging fake apps to steal money in the name of cryptocurrencies. Sophos Group has identified 167 counterfeit Android and iOS apps used by attackers to steal money. The fake apps were immaculately designed to mimic Barclays, Binance, Gemini, Kraken, and more.1 Haz 2021

Did you Know? Binance is the “largest unregulated virtual currency exchange ” where Pakistanis are investing millions of dollars, it said. On December 20 last year, the agency received several complaints from people across the country, who had lost billions of rupees while operating from certain mobile apps.

Is Binance Safe? Binance is considered a safe exchange that allows user account protection via the use of Two Factor Authentication (2fa). On May 7, 2019, Binance experienced a major hack which resulted in 7000 Bitcoins stolen from the exchange.