💡 How to avoid scams in the world of cryptocurrencies? A beginner's guide
💡 How to avoid scams in the world of cryptocurrencies? A beginner's guide
As the world of cryptocurrencies expands and the number of investors increases, many scam attempts targeting both beginners and professionals have also emerged. Therefore, it is very important to be aware of how to protect yourself and your money. In this article, I share with you the most important tips to avoid scams in crypto, based on my personal experience and expertise in using the Binance platform.
1️⃣ Never trust anyone promising quick profits
The most common way to scam is through false promises of "doubling your money in days" or "guaranteed profit with no risk." Remember:
🔺 In the world of investment, there is no such thing as guaranteed profit.
Anyone asking you to send your money first in exchange for profits later is likely a scammer.
2️⃣ Only use trusted platforms like Binance
Binance is the largest cryptocurrency trading platform in the world, offering:
Protection via two-factor authentication (2FA)
Secure "Escrow" system in P2P
Live support team
"Security Center" feature that guides you to protection settings
Using unknown platforms or suspicious applications is a quick way to lose your money.
3️⃣ Do not share your private information
🔐 Never give:
Password
Verification code (OTP)
Your personal wallet link
Recovery phrases (Seed Phrase)
Even Binance employees never ask you for this information!
4️⃣ Check links and websites before clicking
Scammers use fake sites that look exactly like Binance! Always verify that the official link is:
👉 https://www.generallink.top
📌 Tip: Bookmark the site so you can always access it securely.
5️⃣ Be careful in social media groups
Even in Telegram groups or Twitter, there are those pretending to be "experts" or "support staff." Do not send money or click on special links sent to you by any random person.
✅ Summary
The world of cryptocurrencies has great opportunities, but also great risks if you are not careful.
Protect yourself and be smart. Invest with your mind, not with your emotions.
And always use trusted platforms like Binance to ensure your trades are safe and secure.
If you are a beginner, I advise you to start with the Binance P2P platform, which provides direct buying and selling with local payment methods, with full protection.
Do you have a scam story you went through or almost fell for? Share your experience so others can benefit 👇
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