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“Binance will never ask you to tap a link in a text message to “verify” or “secure” your account,” the company clarified.
ByDimitar Dzhondzhorov
The world’s largest <a href="https://xpertsstudio.com/1-popular-<a href="https://xpertsstudio.com/should-you-invest-in-cryptocurrency-in-2026-2027-new-rules-risks-and-a-reasonable-portfolio-share/” title=”Should You Invest in Cryptocurrency in 2026-2027: New Rules, Risks, and a Reasonable Portfolio Share”>cryptocurrency-ark-invest-expects-to-surge-by-1480/” title=”1 Popular Cryptocurrency ARK Invest Expects to Surge by 1,480%”>cryptocurrency exchange advised its clients to be extremely cautious amid a rise in phishing attacks targeting crypto investors.
Here are the necessary steps that could lead to better protection against such wrongdoers.
Don’t Act Before You Think
Binance explained that attackers send fake “security alert” text messages to trick users into clicking malicious links, potentially resulting in devastating losses.
The team revealed that such scams are often disguised as a notification that seems official, such as “Your account settings were changed: or “Suspicious login detected.” Additionally, they can contain a shortened link asking users to “verify immediately” and create urgency for victims to act before they think.
“Remember: Binance will never ask you to tap a link in a text message to “verify” or “secure” your account,” the company clarified.
It also outlined three vital steps that can enhance protection. First, people should never click on unfamiliar links; instead, they should check their legitimacy using Binance Verify.
Next, users must turn on Withdrawal Address Whitelist in their security settings. “Once enabled, funds can only go to addresses you’ve pre-approved,” the message reads.
Third, people should enable Anti-Phishing Code and remember that genuine Binance emails will always include users’ unique codes. If the message doesn’t have it, then it’s not from the exchange.
Source: cryptopotato.com