Binance discloses 8 levels of anti-fraud risk control measures, including custom pop-up reminders, freezing small profits, and chat persuasion, among others
ChainCatcher message, Binance stated in an official blog post that, given that cryptocurrency is a nascent industry, scams are becoming increasingly frequent and complex. Therefore, it is necessary for users to continuously stay informed about the latest prevention methods.Binance's risk control measures are divided into 8 levels based on the severity of the scam risk, ensuring a balance between user experience and security. These 8 levels, in order from low to high, are: custom pop-up notifications, interactive risk assessment forms, global malicious address database alerts, freezing small profits, a 1-hour cooling-off period, a 24-hour cooling-off period, chat deterrence, and alert services.