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.
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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 .
Read moreIs Binance a fake app?
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.
Read moreCan we trust Binance app?
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.
Read moreAre 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
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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.
Read moreIs Binance mobile app safe?
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.
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