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For more information, see our Terms of Use and Risk. Promotion : New ETH 2 first 10, new ETH 2. Risk Warning : Digital asset. Products and services referred to your investment decisions and Binance is not liable for any back the amount invested.

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The link, which features a fake Binance promotion, is a scam designed to attract cryptocurrency investors with the promise of free Ethereum for. The #BinanceWish Christmas Giveaway has now concluded. Binance will contact winners via the social handles used to participate in the promotion. Stay vigilant and learn how to spot crypto giveaway scams with Binance's new Know Your Scam guide. Find out how to identify red flags and.

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Crypto News. This example highlights the common features of a fake giveaway scam, including a phony website that mimics a well-known company like Tesla, the announcement of a huge giveaway prize, bad grammar, and the proposed mechanics that include sending a payment to participate. This material should not be construed as financial advice. Report the incident to law enforcement. As we enter the year , it is important to remember that there are still scams out there and they can be hard to spot.