Cryptocurrency Q&A Will Binance refund if scammed?

Will Binance refund if scammed?

Riccardo Riccardo Tue May 07 2024 | 5 answers 1490
I've heard some horror stories about people being scammed on Binance. If I fall victim to such a scam, will Binance refund my losses? I understand that the cryptocurrency world is full of risks, but as a user, I expect some form of protection or compensation from a major exchange like Binance. Can you provide some clarity on this matter? I'm considering investing a significant amount of money on their platform, but I'm hesitant due to the potential for scams. What measures does Binance take to prevent such scams and protect its users? If a scam does occur, what is the process for seeking a refund or compensation from Binance? I'd appreciate it if you could provide some detailed information on this topic. Will Binance refund if scammed?

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