The scam involves sending users a text message with a link to cancel withdrawals, leading users to a fake website designed to harvest their login credentials . Binance CEO Changpeng Zhao on Friday warned of a “massive phishing scam via SMS” targeting the cryptocurrency exchange.7 Şub 2022
Read moreIs it safe to buy on Binance?
Binance security features also include address whitelisting, device management, and the ability to restrict device access. Like Coinbase, all USD balances are insured up to $250,000 by the Federal Deposit Insurance Corporation (FDIC) and held in custodial bank accounts .
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