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@BinanceAfrica She fell victim to a pump and dump scam, where a token is hyped using fake endorsements and misleading proof to attract buyers. Once many people invest and the price rises, the insiders sell off their tokens, causing the value to crash and leaving others with losses.
#StaySafu
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@BinanceAfrica Mercy should have utilized these two specific Binance security features:
Anti-Phishing Code: By setting a private, unique code in her settings
Binance Verify: This official tool allows users to check if a website, email or link is legitimate.which was mostly the risky
#StaySafu
@BinanceAfrica First of all binance support never DMS you first.The only way to contact binance customer service is; Log in to your Binance account and click the Binance Support icon at the bottom right if you're using binancewebsite or on the Binance app, .
#StaySafu
@BinanceAfrica False.❌
The Binance Web3 Wallet does not require you to write down a traditional 12-word seed phrase. Instead, it uses a technology which splits your private key into multiple encrypted shares for better security and easier recovery
@BinanceAfrica James used the binance verify tool
Binance rolled it out as the official tool to use for users in order to avoid scammers scamming people through certain binance link which are illegal ..
#staysafu
@BinanceAfrica After sending payment, the buyer must tap "Transferred, Notify Seller" in the Binance P2P order page and upload proof of payment.
Don't release crypto until you click that button it alerts the seller and starts the 15-min countdown for them to release . #BinanceP2P#StaySAFU
@BinanceAfrica The one and only Changpeng Zhao, better known as CZ, the founder of Binance. While he is famous for coining "SAFU" (Secure Asset Fund for Users), the term actually originated from a 2018 and has just written a memior titled freedom of money.