Post
Topic
Board Altcoin Discussion
Re: Scam Coin On Binance
by
adzino
on 25/02/2021, 19:37:09 UTC
Is there any scam coin on BINANCE?
Careful when you choose a coin. There are scam coins everywhere. Even in binance. It's not like binance can predict if a coins is going to be a scam or not. You will never know the true intention of a person unless they ends up showing. So a coin might seem legit and then all  of a sudden, they may do an exit scam. So just because its listed on binance doesn't mean the coin is good and legit. But Binance does try to detect those scam coins early and remove them.
Oh, and don't forget, there are lot of shitcoins (shitcoins aren't scam coins but coins that are clone or has no real use case). Don't invest in those.