Are there fake Binance websites?

The federal investigation agency (FIA) of Pakistan has sent an official notice to crypto exchange Binance that is being named in a major scam . The FIA will be investigating the complaints of Binance users who have alleged that the crypto exchange made them transfer funds into unfamiliar third-party wallets.

Binance offers a relatively secure, versatile way to invest in and trade cryptocurrencies . Binance could be overwhelming for beginners and experienced traders alike. Binance offers lower fees than many other cryptocurrency exchanges.

Scam Binance website offers 12% profit It’s worth mentioning that users should always exercise care and double-check that the Binance page is validated and that their Binance account, or any other crypto platform for that matter, is safe to avoid falling prey to these false announcements and losing their money.

There might be occasions when the counterparty asks you to continue with the trade outside of the trading platform. They will argue that this way, both of you can save on fees (Binance P2P has zero fees), but in most cases, it’s just a scammer trying to lure you away from the security of Binance P2P .