Binance has issued a fresh security alert after detecting a wave of phishing scams using fake SMS messages designed to trick users into handing over their account details.
The fraudulent messages appear on users’ phones under the name “Binance,” making them seem legitimate at first glance. Victims are often told that their account is “at risk” or that a suspicious withdrawal has been requested. The texts then urge users to call a fake support hotline or click on malicious links.
This tactic, designed to create urgency and panic, has been linked to a growing number of phishing attempts across the crypto industry.
Binance Outlines How to Spot a Scam
In its official notice, the exchange reminded customers that it will never request seed phrases, private keys, or sensitive information via SMS, email, or phone. Binance also stressed that it does not ask users to click links or dial phone numbers to resolve account issues.
Instead, the company urged anyone who receives such a message to ignore it completely and log in directly through the official Binance app or website to verify account status.
Staying Safe in the Crypto Space
With scammers adopting increasingly sophisticated methods, Binance said users should remain cautious of any message designed to create urgency. Always verify directly through official platforms, and never trust unexpected texts—even if they appear under the company’s name.
The warning follows a broader trend of rising phishing attempts as crypto adoption grows, with exchanges regularly reminding investors to practice strong digital hygiene.
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Source: https://coindoo.com/new-binance-scam-tricks-users-with-fake-security-texts/