Binance Shares Crucial Warning Amid Rising Phishing Text Schemes

Binance shares new safety measures on how users can protect their funds amid rising phishing attacks from scammers tricking victims.

Caroline Amosun · 3 Sep 2026 · 4 min read

Wire content from U.Today

Binance Shares Crucial Warning Amid Rising Phishing Text Schemes

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By
Caroline Amosun

Thu, 3/09/2026 – 15:47

Binance shares new safety measures on how users can protect their funds amid rising phishing attacks from scammers tricking victims.

Binance Shares Crucial Warning Amid Rising Phishing Text Schemes

Cover image via U.Today

Binance detects rising phishing attacks
Binance issues safety measures

Amid concerns to curtail the growing cases of fraudulent schemes, Binance, the world’s largest cryptocurrency exchange, has called the attention of its users to a rise in phishing attacks involving fake text messages.

Binance sent crucial warnings earlier today, noting that it has recently observed an increase in phishing attempts targeting users through fraudulent “security alert” messages.

Binance detects rising phishing attacks

Binance warned that the text messages have been designed to trick people into handing over access to their accounts and that vulnerable users have continued to fall victim to these scams.

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The exchange further explained that these texts are perfectly disguised to appear as legitimate notifications from Binance, alerting users about false issues on their accounts.

Binance issues safety measures

While Binance assured its users that it would never ask them to tap a link in a text message to verify or secure their accounts, it encouraged them to be extremely careful when they receive unexpected security-related messages.

To reduce the risk of falling victim to such scams, Binance urged users to verify every link before clicking on it.

The exchange also advised users to enable the Withdrawal Address Whitelist on their accounts to restrict withdrawals to addresses that have been pre-approved.

In addition, Binance recommends that users enable its Anti-Phishing Code feature to help them easily identify legitimate Binance emails.

#Binance
#Scam Alert