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.