
Binance warns users about a rise in fake text messages that mimic security alerts and trick users into clicking malicious links. Users advised to enable anti-phishing features.
Binance warned users on Monday about a rise in phishing attacks through fake text messages. The exchange said it has seen an increase in fraudulent "security alert" messages designed to steal account access.
The messages claim that a user's account settings have been changed or that suspicious activity was detected, according to Binance. They include shortened malicious links and pressure recipients to act quickly by asking them to "verify" or "secure" their accounts via the links, the exchange added.
Binance said it never asks users to click a link in a text message to verify or secure an account. The exchange urged users to verify every link before clicking and to enable the Withdrawal Address Whitelist, which restricts withdrawals to pre-approved addresses.
Binance also recommends that users enable its Anti-Phishing Code feature. That feature embeds a custom code in all legitimate emails from the exchange, helping users spot fake messages.
The warning comes as crypto exchanges remain a frequent target of impersonation scams. Binance told users to remain cautious when receiving unexpected security-related messages.
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