Topic: Scam Coin On Binance (Read 372 times)
I think it is impossible if there is a coin listed on the Binance exchange because until now Binance has provided a list of coins on the exchange that are very legitimate, many have made a profit from there, chances are Binance will immediately delete the list of coins when there is no trading volume or is in trouble.
Since the binance listing fee is very expensive, I don't think there will be such projects. However, after being listed on binance, the teams of the projects whose price rises very quickly can make their tokens free. This means they are subsequently fraudulent. But I cannot be certain about this either.
Its up to you to searched for the people behind your coin and judge them. You should do a research before entering such investments to coins specially that now scammers will do everything just to scam. Furthermore, binance is a place not for scammers though. They can even recover some of your hard earned money.
https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
https://www.coindesk.com/binance-recovers-344k-from-defi-exit-scam-that-launched-on-its-platform
this why a lot of people like to trade and keep their assets in binance,
because binance team always has a solutions if something bad happend in their platform
Is there any scam coin on BINANCE?
We'll understand what Binanace exchnage has done to the world of cryptocurrency and for them to be accused of scam project won;t be right IMO. They are those who we know to be best in terms of listing good projects in their exchange comparing to others. Before any project get listed into Binance exchange it must be a legit projects with real world case use and not just some randomly selected scam project in their exchange. Or if the exchange found out that the coin is a scam, they will delist it right away. I don't think binance will ruin their reputation by listing a known scam coin. This is why their requirements are quite stringent than others. And the scam coins itself is avoiding Binance because they know they will not pass thru their standards.
Is there any scam coin on BINANCE?
I do not know scam projects on Binance in case they are really on Binance. This platform is trustworthy and with a highly ranked reputation, they check their projects and those who are in collaboration with them in details. Only in case frauds used the Binance's name and made duplicated social pages you may find in the Internet, but it so easily to check. Just be attentive and watchful.
Is there any scam coin on BINANCE?
We'll understand what Binanace exchnage has done to the world of cryptocurrency and for them to be accused of scam project won;t be right IMO. They are those who we know to be best in terms of listing good projects in their exchange comparing to others. Before any project get listed into Binance exchange it must be a legit projects with real world case use and not just some randomly selected scam project in their exchange. 
Coin on binance usually already passed due dilligent from binance, because it will impact to binance reputation, however there will be Failed project but it does not mean scam, failed project is the project has been done by developer but can not attract people to create the community on the project. Decentralized project need strong community. Itbis not like companny as we see in our daily life.
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.
Is there any scam coin on BINANCE?
There are a lot of scams on Binance now though the market will adjust to this but becareful. another thing is that only selected few projects are on Binance that have good fundamentals the others are pure clones on what we have on Uniswap. I am very glad when I see SFI move to BSC because it is going to legitimize the chain as an alternative to Ethereum because the gas price is just crazy 
I think not any scam coin if listed on Binance depend how long this coin can exist before delisting, did you get with many coin delisting on Binance and price dump? maybe become your way when investing and holding coin for long time, afraid some time Binance will delist coin because many time Binance delist any coin from their market.
I think Binance verify the project before listing it on exchange. If the project has the potential and has a professional team then they list it otherwise reject it.
There is no fake project listed on binance exchange. All coins are legit that are listed on it. If you feel any fake project just report it to the binance team so that they can take action on it
There is no fake project listed on binance exchange. All coins are legit that are listed on it. If you feel any fake project just report it to the binance team so that they can take action on it
It is very possible to have such coins on binance even if by mistake, scams are of different categories, there are the obvious scams while there are also the silent type which people hardly notice and very dangerous because they let everyone believe they are legit whereas they ain't,
Binance is a top exchange but it doesn't make it perfect, there is a possibility this scam coin can exist without them noticing on time.
Binance is a top exchange but it doesn't make it perfect, there is a possibility this scam coin can exist without them noticing on time.
Is there any scam coin on BINANCE?
As far as I remember, there are never scam tokens on Binance. All projects are carefully checked, Binance is the main cryptocurrency exchange and its organizers value their reputation very much. This is probably why their tokens cost a lot of money!
With how binance grow as a business, for sure they value their name, sorting those project that will allow
to list inside the exchange might undergo to good investigation.
They'll avoid dragging their business just because of allowing scammers to use their platform and runaway
with investors money.
binance did not.accept scam project before they list the project binance have A reqiurements ithink. iam using binance 5years but they have not list the scam coin unlike the other shit exchange they allowed them to list the scam project. binance is a the top and trust exchanges ever.
Binance is big exchange. And as i know, They Everytime try to add best project on their exchange.
Even, If i invest in a coins, I always want and wait for binance listing. Because, Almost everytime we can see a pump after binance listing.
Even, If i invest in a coins, I always want and wait for binance listing. Because, Almost everytime we can see a pump after binance listing.
What about "BULL, BEAR, ETHBULL, ETHBEAR, EOSBULL, EOSBEAR, BNBBULL, BNBBEAR, XRPBULL and XRPBEAR" ? Some people (who had lost a lot of money), thinks these altcoins are scam
P.S. They are delisted right now.
Ye I've seen these coins in the binance exchange, their names are so funny. I'm starting to think that the team did research of these coins before to allowing them to get in the exchange? seems no.. so indeed there are scam coins on binance. P.S. They are delisted right now.
Binance may do everything in their power to avoid listing any shady and scam project but you never know with determined scammers who are also very clever, so far i don't think i have heard of any scam coin in binance however there are few with some controversies but i am not sure if they can be consider as scam coin,
if at all there is such a coin in binance, it must have slipped through all the security process because such listing can't be intentional.
if at all there is such a coin in binance, it must have slipped through all the security process because such listing can't be intentional.
Binance certainly has a special analysis team for new projects that will be listed there, so I am sure there are no scam projects after being listed on Binance.
And that's why their token price went up when they got word that their token was going to enter binance, they believe because Binance reputation is so good. So in my opinion, it is unlikely that the scam project will go to binance.Binance certainly has a special analysis team for new projects that will be listed there, so I am sure there are no scam projects after being listed on Binance.
And that's why their token price went up when they got word that their token was going to enter binance, they believe because Binance reputation is so good. So in my opinion, it is unlikely that the scam project will go to binance. 
Is there any scam coin on BINANCE?
They exist before but not anymore because Binance is already a good exchange, I mean the best exchange and they can't afford to ruin their reputation just to list those shit and scam projects. We heard about the project get delisted on Binance simply because they are not qualified anymore on Binance standards and that's the best assurance for us that Binance, really monitor every project on their platform. Jump to: