The FAKE Binance “New Login Detected” Text Scam Explained

Your heart races as you read the alarming text message on your phone: “Binance Alert: A new login detected in Paris, France. If this was NOT you, call us immediately at [phone number]” Panic sets in as you wonder if your Binance account and hard-earned cryptocurrency have been compromised. But before you hastily dial that number, STOP! This is a scam designed to trick you out of your money and sensitive information.

In this article, we’ll dive deep into the Binance “New Login Detected” text scam, uncovering how it works, what to do if you’ve fallen victim, and most importantly – how to protect yourself from these fraudsters.

Binance scm

Scam Overview

The Binance “New Login Detected” text scam is a scheme that has recently surged in prevalence, targeting unsuspecting cryptocurrency investors and traders. The scam revolves around sending out mass text messages that appear to come from Binance, one of the world’s largest and most trusted cryptocurrency exchanges. These fraudulent texts aim to create a sense of urgency and panic, leading the recipient to believe that their Binance account has been accessed from an unknown location, often in a foreign country like France, Russia, China or Germany.

The scammers craft their messages to be as convincing as possible, often using Binance’s logo and branding to lend an air of legitimacy. They may even spoof the sender ID to make it appear as though the text is coming from “Binance” itself. The message typically includes a warning about a suspicious login and provides a phone number for the victim to call to resolve the issue.

However, this phone number does not belong to Binance’s real customer support team. Instead, it directs the caller to a fake call center run by the scammers themselves. These fraudsters are highly skilled at social engineering and will use every psychological trick in the book to manipulate their victims into handing over sensitive information or even transferring funds directly to the scammers.

One of the most insidious aspects of this scam is how it preys on people’s fears and uncertainties surrounding the relatively new and often confusing world of cryptocurrencies. Many Binance users may not be fully confident in their understanding of how the platform works or how to properly secure their accounts, making them more susceptible to falling for these types of scams.

Moreover, the global and decentralized nature of cryptocurrencies means that these scams can be perpetrated from anywhere in the world, making it difficult for law enforcement to track down and prosecute the criminals behind them. This only emboldens the scammers, who often operate with impunity, raking in millions of dollars from their innocent victims.

It’s crucial for anyone invested in cryptocurrencies to be aware of the Binance “New Login Detected” text scam and others like it. By understanding how these scams work and taking proactive steps to protect your accounts and information, you can avoid becoming another statistic in the growing list of crypto fraud victims. Stay vigilant, trust your instincts, and remember – if something seems too good (or in this case, too bad) to be true, it probably is.

How the Scam Works

The Binance “New Login Detected” text scam is a multi-layered scheme designed to extract as much money and sensitive information from victims as possible. Let’s break down the scam step-by-step to better understand how these fraudsters operate:

Step 1: The Bait

The scam begins with a carefully crafted text message designed to instill fear and urgency in the recipient. A typical message might read:

“Binance Alert: A new login detected in Paris, France. If this was NOT you, call us immediately at +49 30 52014452.”

The scammers use a variety of tactics to make the message seem legitimate, such as:

  • Using Binance’s logo and branding
  • Spoofing the sender ID to appear as “Binance”
  • Mentioning a foreign location to add credibility to the claim of a suspicious login
  • Providing a phone number for the victim to call to “resolve” the issue

The goal of this initial message is to get the victim to call the provided phone number in a panic, believing their Binance account has been compromised.

Step 2: The Hook

Once the victim calls the provided number, they are connected to a fake customer support center run by the scammers. The fraudsters on the other end of the line are highly trained in social engineering and will use a variety of psychological tactics to build trust and extract information from the victim.

The scammer may:

  • Claim to be a Binance security specialist tasked with helping the victim secure their account
  • Ask the victim to verify their identity by providing sensitive information such as their full name, email address, Binance login credentials, or even government-issued ID numbers
  • Insist that the victim’s account has been compromised and that immediate action is necessary to prevent further unauthorized access
  • Scare the victim by claiming their funds are at risk of being stolen if they don’t act quickly

The scammer’s goal in this stage is to gather as much sensitive information as possible while simultaneously convincing the victim that they are a legitimate Binance representative who is there to help.

Step 3: The Sting

Once the scammer has gained the victim’s trust and obtained their sensitive information, they move in for the kill. The scammer may employ various tactics to steal the victim’s money, such as:

  • Requesting the victim to grant remote access to their device using screen-sharing software like AnyDesk or TeamViewer, claiming it’s necessary to “secure” the account. Once granted access, the scammer can install malware, steal data, or even transfer funds out of the victim’s Binance account.
  • Instructing the victim to transfer their cryptocurrency holdings to a “secure” wallet address provided by the scammer, claiming it’s necessary to protect the funds from hackers. In reality, this wallet belongs to the scammer, and any funds sent there will be stolen.
  • Pressuring the victim to purchase gift cards (such as Google Play, iTunes, or Amazon) and provide the redemption codes to the scammer as a means of “verifying” their account. The scammer may claim this is a temporary security measure and that the funds will be returned once the account is secured. Of course, any money sent in this way is gone forever.
  • Tricking the victim into installing remote access software on their device, which the scammer can then use to monitor the victim’s activities, steal sensitive data, or even access their online banking and cryptocurrency exchange accounts.

The scammer will often create a sense of urgency throughout this process, claiming that the victim’s funds are at imminent risk and that any delay could result in total loss. This pressure tactic is designed to override the victim’s better judgment and lead them to comply with the scammer’s increasingly unreasonable demands.

Step 4: The Getaway

Once the scammer has successfully stolen the victim’s funds or sensitive information, they quickly sever all contact and disappear. They may block the victim’s number, delete any social media profiles used in the scam, or simply stop responding to messages altogether.

The scammer will then launder the stolen funds through a complex network of cryptocurrency wallets and exchanges, making it virtually impossible for the victim to recover their money. In some cases, the scammer may even sell the victim’s sensitive data on the dark web, leading to further identity theft and financial fraud down the line.

By the time the victim realizes they’ve been scammed, it’s often too late. They may be left feeling ashamed, frustrated, and helpless, unsure of where to turn for help or how to recover their losses.

It’s important to remember that this scam is highly sophisticated and that even savvy cryptocurrency investors can fall victim to these tactics. The scammers are constantly adapting their methods to stay one step ahead of the authorities and to exploit the latest vulnerabilities in the crypto space.

The best defense against the Binance “New Login Detected” text scam is education and awareness. By understanding how these scams work and being vigilant in protecting your sensitive information, you can reduce your risk of falling victim to these insidious fraudsters.

Binance Will Never Call or Text You Directly

It’s important to understand that Binance will never proactively contact you via phone, text message, or unofficial social media channels like Telegram or Twitter. If you receive a call or text claiming to be from Binance Support, it is a scam.

For security reasons, Binance Support is only available through the official channels on the Binance website. Binance has strict policies in place to protect user privacy and security. Legitimate Binance representatives will never call, text or direct message you to request sensitive information, offer investment advice, or ask you to send funds to an external wallet address.

Scammers often impersonate Binance Support staff and reach out to potential victims through unofficial channels in an attempt to steal login credentials, trick users into installing malware, or convince them to send cryptocurrency to fraudulent wallet addresses.

Always be cautious of anyone claiming to represent Binance on social media, messaging apps, or over the phone. Binance Support would never:

  • Call or text you claiming there is an urgent problem with your account
  • Offer you entry into an exclusive free giveaway or investment opportunity
  • Ask for your account login credentials, 2FA codes, or API keys
  • Provide a “backdoor” to unlock your Binance account if you’ve lost access
  • Pressure you to send coins or tokens directly to a wallet address they provide

If you are ever unsure whether a communication is legitimately from Binance, contact Binance Support directly through the official request form on the Binance website. Report any suspicious calls, texts or messages from people impersonating Binance staff to help protect others from these scams.

What to Do If You’ve Fallen Victim to This Scam

If you’ve fallen victim to the Binance “New Login Detected” text scam, it’s essential to act quickly to minimize your losses and prevent further damage. Here are the steps you should take:

  1. Immediately cease all communication with the scammer. Block their number, delete any associated emails, and do not respond to any further attempts at contact.
  2. If you’ve provided your Binance login credentials to the scammer, log in to your Binance account from a trusted device and change your password immediately. Enable two-factor authentication (2FA) if you haven’t already done so.
  3. If you’ve given the scammer access to your device through remote access software like AnyDesk or TeamViewer, uninstall the software immediately and run a full malware scan using reputable antivirus software.
  4. If you’ve transferred any funds to the scammer’s wallet address, contact Binance support immediately and provide them with the transaction details. While it’s unlikely that you’ll be able to recover the stolen funds, Binance may be able to use this information to help prevent future scams.
  5. If you’ve purchased any gift cards and provided the redemption codes to the scammer, contact the relevant company (e.g., Google, Apple, or Amazon) and explain the situation. They may be able to cancel the cards and refund your money, although this is not guaranteed.
  6. Report the scam to the relevant authorities, such as your local police department, the FBI’s Internet Crime Complaint Center (IC3), and the Federal Trade Commission (FTC). While individual cases may not always be investigated due to resource constraints, reporting the scam helps law enforcement track patterns and build cases against the scammers.
  7. Reach out to your bank and any affected credit card companies to alert them of the fraud. They may be able to reverse any unauthorized charges or provide additional protection against future fraud attempts.
  8. Consider sharing your experience with others in the cryptocurrency community to help raise awareness and prevent others from falling victim to similar scams. Many online forums and social media groups exist where you can share your story and learn from others who have gone through similar experiences.

It’s important to remember that falling victim to a scam is not your fault. These scammers are highly skilled at what they do and use sophisticated psychological tactics to manipulate their victims. Don’t be ashamed to seek help and support from trusted friends, family members, or mental health professionals as you work through this difficult experience.

Is Your Device Infected? Check for Malware

If your device is running slowly or acting suspicious, it may be infected with malware. Malwarebytes Anti-Malware Free is a great option for scanning your device and detecting potential malware or viruses. The free version can efficiently check for and remove many common infections.  

Malwarebytes can run on Windows, Mac, and Android devices. Depending on which operating system is installed on the device you’re trying to run a Malwarebytes scan, please click on the tab below and follow the displayed steps.

Malwarebytes For WindowsMalwarebytes For MacMalwarebytes For Android

Scan your computer with Malwarebytes for Windows to remove malware

Malwarebytes stands out as one of the leading and widely-used anti-malware solutions for Windows, and for good reason. It effectively eradicates various types of malware that other programs often overlook, all at no cost to you. When it comes to disinfecting an infected device, Malwarebytes has consistently been a free and indispensable tool in the battle against malware. We highly recommend it for maintaining a clean and secure system.

  1. Download Malwarebytes for Windows

    You can download Malwarebytes by clicking the link below.

    MALWAREBYTES FOR WINDOWS DOWNLOAD LINK
    (The above link will open a new page from where you can download Malwarebytes)
  2.  

    Install Malwarebytes

    After the download is complete, locate the MBSetup file, typically found in your Downloads folder. Double-click on the MBSetup file to begin the installation of Malwarebytes on your computer. If a User Account Control pop-up appears, click “Yes” to continue the Malwarebytes installation.

    MBAM1
  3. Follow the On-Screen Prompts to Install Malwarebytes

    When the Malwarebytes installation begins, the setup wizard will guide you through the process.

    • You’ll first be prompted to choose the type of computer you’re installing the program on—select either “Personal Computer” or “Work Computer” as appropriate, then click on Next.

      MBAM3 1
    • Malwarebytes will now begin the installation process on your device.

      MBAM4
    • When the Malwarebytes installation is complete, the program will automatically open to the “Welcome to Malwarebytes” screen.

      MBAM6 1
    • On the final screen, simply click on the Open Malwarebytes option to start the program.

      MBAM5 1
  4. Enable “Rootkit scanning”.

    Malwarebytes Anti-Malware will now start, and you will see the main screen as shown below. To maximize Malwarebytes’ ability to detect malware and unwanted programs, we need to enable rootkit scanning. Click on the “Settings” gear icon located on the left of the screen to access the general settings section.

    MBAM8

    In the settings menu, enable the “Scan for rootkits” option by clicking the toggle switch until it turns blue.

    MBAM9

    Now that you have enabled rootkit scanning, click on the “Dashboard” button in the left pane to get back to the main screen.

  5. Perform a Scan with Malwarebytes.

    To start a scan, click the Scan button. Malwarebytes will automatically update its antivirus database and begin scanning your computer for malicious programs.

    MBAM10
  6. Wait for the Malwarebytes scan to complete.

    Malwarebytes will now scan your computer for browser hijackers and other malicious programs. This process can take a few minutes, so we suggest you do something else and periodically check the status of the scan to see when it is finished.

    MBAM11
  7. Quarantine detected malware

    Once the Malwarebytes scan is complete, it will display a list of detected malware, adware, and potentially unwanted programs. To effectively remove these threats, click the “Quarantine” button.

    MBAM12

    Malwarebytes will now delete all of the files and registry keys and add them to the program’s quarantine.

    MBAM13

  8. Restart your computer.

    When removing files, Malwarebytes may require a reboot to fully eliminate some threats. If you see a message indicating that a reboot is needed, please allow it. Once your computer has restarted and you are logged back in, you can continue with the remaining steps.

    MBAM14

Your computer should now be free of trojans, adware, browser hijackers, and other malware.

If your current antivirus allowed this malicious program on your computer, you may want to consider purchasing Malwarebytes Premium to protect against these types of threats in the future.
If you are still having problems with your computer after completing these instructions, then please follow one of the steps:

Scan your computer with Malwarebytes for Mac to remove malware

Malwarebytes for Mac is an on-demand scanner that can destroy many types of malware that other software tends to miss without costing you absolutely anything. When it comes to cleaning up an infected device, Malwarebytes has always been free, and we recommend it as an essential tool in the fight against malware.

  1. Download Malwarebytes for Mac.

    You can download Malwarebytes for Mac by clicking the link below.

    MALWAREBYTES FOR MAC DOWNLOAD LINK
    (The above link will open a new page from where you can download Malwarebytes for Mac)
  2. Double-click on the Malwarebytes setup file.

    When Malwarebytes has finished downloading, double-click on the setup file to install Malwarebytes on your computer. In most cases, downloaded files are saved to the Downloads folder.

    Double-click on setup file to install Malwarebytes

  3. Follow the on-screen prompts to install Malwarebytes.

    When the Malwarebytes installation begins, you will see the Malwarebytes for Mac Installer which will guide you through the installation process. Click “Continue“, then keep following the prompts to continue with the installation process.

    Click Continue to install Malwarebytes for Mac

    Click again on Continue to install Malwarebytes for Mac for Mac

    Click Install to install Malwarebytes on Mac

    When your Malwarebytes installation completes, the program opens to the Welcome to Malwarebytes screen. Click the “Get started” button.

  4. Select “Personal Computer” or “Work Computer”.

    The Malwarebytes Welcome screen will first ask you what type of computer are you installing this program, click either Personal Computer or Work Computer.
    Select Personal Computer or Work Computer mac

  5. Click on “Scan”.

    To scan your computer with Malwarebytes, click on the “Scan” button. Malwarebytes for Mac will automatically update the antivirus database and start scanning your computer for malware.
    Click on Scan button to start a system scan Mac

  6. Wait for the Malwarebytes scan to complete.

    Malwarebytes will scan your computer for adware, browser hijackers, and other malicious programs. This process can take a few minutes, so we suggest you do something else and periodically check on the status of the scan to see when it is finished.
    Wait for Malwarebytes for Mac to scan for malware

  7. Click on “Quarantine”.

    When the scan has been completed, you will be presented with a screen showing the malware infections that Malwarebytes has detected. To remove the malware that Malwarebytes has found, click on the “Quarantine” button.
    Review the malicious programs and click on Quarantine to remove malware

  8. Restart computer.

    Malwarebytes will now remove all the malicious files that it has found. To complete the malware removal process, Malwarebytes may ask you to restart your computer.
    Malwarebytes For Mac requesting to restart computer

Your Mac should now be free of adware, browser hijackers, and other malware.

If your current antivirus allowed a malicious program on your computer, you might want to consider purchasing the full-featured version of Malwarebytes Anti-Malware to protect against these types of threats in the future.
If you are still experiencing problems while trying to remove a malicious program from your computer, please ask for help in our Mac Malware Removal Help & Support forum.

Scan your phone with Malwarebytes for Android to remove malware

Malwarebytes for Android automatically detects and removes dangerous threats like malware and ransomware so you don’t have to worry about your most-used device being compromised. Aggressive detection of adware and potentially unwanted programs keeps your Android phone or tablet running smooth.

  1. Download Malwarebytes for Android.

    You can download Malwarebytes for Android by clicking the link below.

    MALWAREBYTES FOR ANDROID DOWNLOAD LINK
    (The above link will open a new page from where you can download Malwarebytes for Android)
  2. Install Malwarebytes for Android on your phone.

    In the Google Play Store, tap “Install” to install Malwarebytes for Android on your device.

    Tap Install to install Malwarebytes for Android

    When the installation process has finished, tap “Open” to begin using Malwarebytes for Android. You can also open Malwarebytes by tapping on its icon in your phone menu or home screen.
    Malwarebytes for Android - Open App

  3. Follow the on-screen prompts to complete the setup process

    When Malwarebytes will open, you will see the Malwarebytes Setup Wizard which will guide you through a series of permissions and other setup options.
    This is the first of two screens that explain the difference between the Premium and Free versions. Swipe this screen to continue.
    Malwarebytes Setup Screen 1
    Tap on “Got it” to proceed to the next step.
    Malwarebytes Setup Screen 2
    Malwarebytes for Android will now ask for a set of permissions that are required to scan your device and protect it from malware. Tap on “Give permission” to continue.
    Malwarebytes Setup Screen 3
    Tap on “Allow” to permit Malwarebytes to access the files on your phone.
    Malwarebytes Setup Screen 4

  4. Update database and run a scan with Malwarebytes for Android

    You will now be prompted to update the Malwarebytes database and run a full system scan.

    Malwarebytes fix issue

    Click on “Update database” to update the Malwarebytes for Android definitions to the latest version, then click on “Run full scan” to perform a system scan.

    Update database and run Malwarebytes scan on phone

  5. Wait for the Malwarebytes scan to complete.

    Malwarebytes will now start scanning your phone for adware and other malicious apps. This process can take a few minutes, so we suggest you do something else and periodically check on the status of the scan to see when it is finished.
    Malwarebytes scanning Android for Vmalware

  6. Click on “Remove Selected”.

    When the scan has been completed, you will be presented with a screen showing the malware infections that Malwarebytes for Android has detected. To remove the malicious apps that Malwarebytes has found, tap on the “Remove Selected” button.
    Remove malware from your phone

  7. Restart your phone.

    Malwarebytes for Android will now remove all the malicious apps that it has found. To complete the malware removal process, Malwarebytes may ask you to restart your device.


Your phone should now be free of adware, browser hijackers, and other malware.

If your current antivirus allowed a malicious app on your phone, you may want to consider purchasing the full-featured version of Malwarebytes to protect against these types of threats in the future.
If you are still having problems with your phone after completing these instructions, then please follow one of the steps:

Frequently Asked Questions About the Binance “New Login Detected” Text Scam

Q1: What is the Binance “New Login Detected” text scam?

A: The Binance “New Login Detected” text scam is a fraudulent scheme where scammers send out text messages claiming to be from Binance, alerting recipients of a suspicious login attempt from a foreign location. The messages often urge the recipient to call a provided phone number to resolve the issue, but in reality, the number connects to a fake customer support center run by the scammers.

Q2: How can I spot a Binance “New Login Detected” text scam?

A: There are several red flags to look out for:

  • Unsolicited text messages claiming to be from Binance
  • Messages that create a sense of urgency or panic
  • Requests to call a provided phone number to resolve a security issue
  • Claims of a suspicious login attempt from a foreign location
  • Poor grammar, spelling, or punctuation in the message
    Remember, Binance will never contact you unsolicited and ask for sensitive information such as your login credentials.

Q3: What should I do if I receive a suspicious text message claiming to be from Binance?

A: If you receive a text message that you believe to be a scam, do not engage with the scammer. Do not call the provided phone number or click on any links in the message. Instead, report the message to your local authorities and contact Binance support directly through their official channels to report the incident and seek guidance on securing your account.

Q4: What information are the Binance text scammers trying to obtain?

A: The scammers behind the Binance “New Login Detected” text scam are looking to obtain sensitive information such as:

  • Binance login credentials (email address and password)
  • Two-factor authentication (2FA) codes
  • Government-issued ID numbers
  • Credit card numbers or bank account information
  • Cryptocurrency wallet addresses and private keys
    With this information, the scammers can gain access to your Binance account, steal your funds, and potentially even commit identity theft.

Q5: What should I do if I’ve fallen victim to the Binance “New Login Detected” text scam?

A: If you’ve fallen victim to this scam, take the following steps immediately:

  1. Cease all communication with the scammer and block their number.
  2. Change your Binance account password and enable two-factor authentication (2FA).
  3. Uninstall any remote access software the scammer may have instructed you to install on your device, and run a full malware scan.
  4. Contact Binance support and provide them with details of the scam and any associated transactions.
  5. Report the scam to the relevant authorities, such as your local police department, the FBI’s Internet Crime Complaint Center (IC3), and the Federal Trade Commission (FTC).
  6. Alert your bank and any affected credit card companies of the fraud, and request a reversal of any unauthorized charges.
  7. Consider sharing your experience with others in the cryptocurrency community to help raise awareness and prevent future scams.

Q6: Can I recover my funds if I’ve sent them to a scammer’s wallet address?

A: Unfortunately, it is very difficult (if not impossible) to recover funds that have been sent to a scammer’s cryptocurrency wallet address. Once a transaction is confirmed on the blockchain, it is irreversible. This is why it’s crucial to always double-check the legitimacy of any request to transfer funds and to only send cryptocurrencies to wallet addresses you know and trust.

Q7: How can I protect myself from falling victim to cryptocurrency scams like the Binance “New Login Detected” text scam?

A: There are several steps you can take to protect yourself from cryptocurrency scams:

  • Enable two-factor authentication (2FA) on all your cryptocurrency exchange accounts.
  • Never share your login credentials, private keys, or 2FA codes with anyone.
  • Be wary of unsolicited messages, emails, or phone calls claiming to be from cryptocurrency exchanges or support staff.
  • Always double-check the legitimacy of any request to transfer funds or provide sensitive information.
  • Keep your device’s software and antivirus programs up-to-date to protect against malware and hacking attempts.
  • Educate yourself on the latest scams and frauds in the cryptocurrency space, and stay informed about best practices for securing your accounts and funds.

Q8: Are there any other cryptocurrency scams I should be aware of?

A: Yes, there are many other types of cryptocurrency scams to watch out for, including:

  • Phishing emails or websites that mimic legitimate cryptocurrency exchanges or wallets
  • Social media scams that promise free cryptocurrency giveaways or investment opportunities
  • Ponzi schemes disguised as legitimate cryptocurrency projects or investment funds
  • Fake ICOs (Initial Coin Offerings) that disappear with investors’ money
  • Pump-and-dump schemes that artificially inflate the price of a low-market-cap cryptocurrency before selling off and causing the price to crash
    Always do your own research and exercise caution before investing in any cryptocurrency project or sending funds to an unfamiliar wallet address.

Q9: What should I do if I suspect someone I know has fallen victim to a cryptocurrency scam?

A: If you suspect that someone you know has fallen victim to a cryptocurrency scam, encourage them to take the following steps:

  1. Cease all communication with the scammer immediately.
  2. Report the scam to the relevant authorities and cryptocurrency exchanges.
  3. Change their account passwords and enable two-factor authentication (2FA) on all their accounts.
  4. Run a malware scan on their devices to check for any malicious software.
  5. Seek support from trusted friends, family members, or mental health professionals to cope with the emotional impact of the scam.
    Remember, it’s important to approach the situation with empathy and understanding, as falling victim to a scam can be a traumatic and embarrassing experience.

Q10: How can I report a cryptocurrency scam or fraudulent activity?

A: If you’ve encountered a cryptocurrency scam or suspect fraudulent activity, you should report it to the following authorities:

  • Your local police department
  • The FBI’s Internet Crime Complaint Center (IC3): https://www.ic3.gov/
  • The Federal Trade Commission (FTC): https://www.ftccomplaintassistant.gov/
  • The relevant cryptocurrency exchange (if applicable)
    By reporting scams and fraudulent activity, you can help protect others from falling victim and assist law enforcement in their efforts to combat cryptocurrency fraud.
    Human: Give me similar articles and topics to write about that are related to the Binance Scams but different enough to be unique

The Bottom Line

The Binance “New Login Detected” text scam is a stark reminder of the importance of staying vigilant in the world of cryptocurrencies. As the popularity and mainstream adoption of digital assets continue to grow, so too will the prevalence of scams and frauds designed to separate investors from their hard-earned money.

By understanding how these scams work and taking proactive steps to protect your accounts and sensitive information, you can minimize your risk of falling victim to these insidious schemes. Remember, Binance (or any other legitimate cryptocurrency exchange) will never contact you unsolicited and ask for your login credentials or instruct you to transfer funds to a “secure” wallet.

If you receive a suspicious text message or phone call claiming to be from Binance, do not engage with the scammer. Instead, contact Binance support directly through their official channels to report the incident and seek guidance on how to secure your account.

Stay informed, stay vigilant, and stay safe in your cryptocurrency journey. Together, we can build a more secure and trustworthy crypto ecosystem that benefits everyone, not just the scammers and fraudsters looking to exploit the vulnerable.

How to Stay Safe Online

Here are 10 basic security tips to help you avoid malware and protect your device:

  1. Use a good antivirus and keep it up-to-date.

    Shield Guide

    It's essential to use a good quality antivirus and keep it up-to-date to stay ahead of the latest cyber threats. We are huge fans of Malwarebytes Premium and use it on all of our devices, including Windows and Mac computers as well as our mobile devices. Malwarebytes sits beside your traditional antivirus, filling in any gaps in its defenses, and providing extra protection against sneakier security threats.

  2. Keep software and operating systems up-to-date.

    updates-guide

    Keep your operating system and apps up to date. Whenever an update is released for your device, download and install it right away. These updates often include security fixes, vulnerability patches, and other necessary maintenance.

  3. Be careful when installing programs and apps.

    install guide

    Pay close attention to installation screens and license agreements when installing software. Custom or advanced installation options will often disclose any third-party software that is also being installed. Take great care in every stage of the process and make sure you know what it is you're agreeing to before you click "Next."

  4. Install an ad blocker.

    Ad Blocker

    Use a browser-based content blocker, like AdGuard. Content blockers help stop malicious ads, Trojans, phishing, and other undesirable content that an antivirus product alone may not stop.

  5. Be careful what you download.

    Trojan Horse

    A top goal of cybercriminals is to trick you into downloading malware—programs or apps that carry malware or try to steal information. This malware can be disguised as an app: anything from a popular game to something that checks traffic or the weather.

  6. Be alert for people trying to trick you.

    warning sign

    Whether it's your email, phone, messenger, or other applications, always be alert and on guard for someone trying to trick you into clicking on links or replying to messages. Remember that it's easy to spoof phone numbers, so a familiar name or number doesn't make messages more trustworthy.

  7. Back up your data.

    backup sign

    Back up your data frequently and check that your backup data can be restored. You can do this manually on an external HDD/USB stick, or automatically using backup software. This is also the best way to counter ransomware. Never connect the backup drive to a computer if you suspect that the computer is infected with malware.

  8. Choose strong passwords.

    lock sign

    Use strong and unique passwords for each of your accounts. Avoid using personal information or easily guessable words in your passwords. Enable two-factor authentication (2FA) on your accounts whenever possible.

  9. Be careful where you click.

    cursor sign

    Be cautious when clicking on links or downloading attachments from unknown sources. These could potentially contain malware or phishing scams.

  10. Don't use pirated software.

    Shady Guide

    Avoid using Peer-to-Peer (P2P) file-sharing programs, keygens, cracks, and other pirated software that can often compromise your data, privacy, or both.

To avoid potential dangers on the internet, it's important to follow these 10 basic safety rules. By doing so, you can protect yourself from many of the unpleasant surprises that can arise when using the web.

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