Binance reported an increase in scammers sending fake SMS messages on behalf of the exchange. The purpose of these texts is to convince the recipient that their account is at risk and push them to click a malicious link or call a fake “support” number.
How Fake Messages Look
Fraudulent SMS often appear on a phone as if they were sent directly from Binance. This creates a false sense of legitimacy. The messages may contain warnings about a login from a new device, an alleged withdrawal attempt, or a request to urgently contact “technical support” at the number provided. They may also include links to fake websites.
Examples of messages users have received:
- A notification of login from a new device in Beijing with a request to call back if it was not them.
- A warning about a withdrawal from Karachi (Pakistan) and an offer to contact a number from another region.
- A cancellation link for an “unauthorized withdrawal” with a fake domain imitating Binance.
Binance Comment
According to company representatives, the exchange never asks users to call phone numbers included in SMS, never sends links for confirmation via text messages, and never requests seed phrases or private keys through phone, email, or messages.
The only valid format of SMS from Binance is a one-time verification code with an anti-phishing phrase. Such messages never include links or contact numbers.
Response Measures
According to Alva (@AlvaApp), Binance uses a multi-layered protection system against phishing. Measures include anti-phishing codes in email newsletters, two-factor authentication via app, security awareness campaigns, and cooperation with telecom operators in certain countries to block malicious senders.
Alva noted that spikes in fraudulent activity often coincide with major events in the crypto market. Scammers exploit panic and the emotional state of users, which makes attentiveness and a calm approach the main tools of protection.
Signs of fraud:
- The message contains a link or phone number.
- You are asked to urgently confirm an action or cancel a transaction.
- The text mentions unfamiliar locations or devices.
- The message threatens consequences and demands an immediate response.
If you receive a suspicious message claiming to be from Binance, it is recommended not to click links, not to call the numbers provided, and to check your account activity directly through the official app or website.
Earlier, blockchain analyst ZachXBT criticized the crypto ecosystem for its inability to independently investigate hacks and recover stolen funds. According to him, the industry has normalized thefts and fully shifts responsibility to law enforcement agencies, which cannot handle the volume of cases. He cited dozens of unresolved incidents, stressing that user security remains at a minimal level.
This post is for informational purposes only and is not an ad or investment advice. Please do your own research making any decisions.
