@BinanceAfrica My key takeaway from this quest is to always double check on everything crypto related from links ,customer support,launch and investment of new crypto currency coins and always take my time when transacting via p2p.
#StaySafu
@BinanceAfrica Amara fell victim to a rugpull,where a token is hyped investors buy and the founders of the coin sell everything at a profit(dump).
#StaySafu
@BinanceAfrica@Mkhonta58450N Mercy should have utilized these Binance Security features to keep her account safe.
1.Binance verify.Use it to verify links before clicking on it.
2.Activate Anti-Phishing code in your Binance app.Every legitimate email from Binance will include your code.
#StaySafu
@BinanceAfrica A user can contact Binance Customer support through the Official Binance website or through the Binance app. No Customer support will ever contact you through the social media platforms.
#StaySafu
@BinanceAfrica Answer: False
Binance Web3 wallet uses MPC(Multi Party Computation) meaning your wallet key is split into multiple "shares"which are stored separately for recovery,making onboarding easy.
#StaySafu
@BinanceAfrica James used a tool called Binance Verify for confirming legitimacy of links and WhatsApp contacts which is found in the Binance app,hence confirming that the link and the contact were not legitimate.
#StaySafu
@BinanceAfrica After the buyer has sent funds he Must click "Transferred, notify seller".This is a crucial step since the coins are now escrowed thus will keep you free and safe.
#StaySafu
@BinanceAfrica This is a fake payment scam.
Here a seller opens a p2p trade,the buyer claims they've paid then sends a fake transfer screenshot, edited receipt.They create urgency for you to release coins.When you release they block you,and the buyer ends losing their coins.
#StaySafu
@BinanceAfrica CZ,the founder and former c.e.o of Binance misspelt the word safe for "Safu" which now means Secure Asset Fund for Users. He later wrote the book Freedom of Money which he talks about the rise of Binance,crypto and financial freedom.
#StaySafu