full image - Repost: Binance Learn & Earn - ANSWERS - Win up to £10,000 in BNB Prize Pool (from Reddit.com, Binance Learn & Earn - ANSWERS - Win up to £10,000 in BNB Prize Pool)
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Hey all !I'm sure lots of us are up for taking part in this last minute quiz, ut there's a lot of bloody answers! So i've gone through the trouble to help you out.You've only got probably 1 day and a half to take part, so you might as well get going.https://ift.tt/e5TlRNG course, you gotta haver a Binance account.. So watch the video/presentation/link and take part in the chance to get a share of the £10,000 BNB. Good luck, here's the answers:1. True or false: A Crypto scam is a scheme designed to deceive and trick someone out of CryptoTrue2. Why are Crypto scams riskier than traditional scams involving fiat?Crypto scams are riskier because transactions are irreversible3. Out of the following three options, which one is the most likely reason for why Crypto scams are rising?Fraudsters are taking advantage of FOMO and technical inexperience of newcomers4. How much was lost in crypto related fraud in 2020?1.2b5. 5. Tick all the common types of Crypto scams from below:All of them (tick all)6. What are the two main ways for Crypto Project teams to fund their projects?Public OfferingsPrivate Fundraising7. What does ICO stand for?Initial Coin Offering(Come on, if you didn’t know these, you DESERVE to be scammed!)8. What is one of the differences between ICO and IPO?ICOs have little to no investor protection whereas IPOs are regulated9. What is an IEO?Initial Exchange Offering10. True or False: Fraudsters often impersonate official websites (or emails) such as Binance to lure victims into sending them money?True.(Of course!)11. True or False: Fraudsters will often post as celebrities, influencers or hack into social media accounts to lure victims into sending them moneyTrue12. Are Crypto giveaways safe?Sometimes - but some crypto giveaways can be scams/fraudulent13. True or False: Will Binance Customer Support contact you via a Phone call?False14. What are the four main methods to protect yourself from scams? Tick all that apply:Distinguish between official and fake communicationResearch and do your due diligence into project/tokensSecure your crypto accounts with 2FAAvoid clicking on Phishing or Suspicious Links(tick these four)15. True or False: SIM Swapping can only occur if you physically lose your Phone?False16. Where can you locate the Binance Verify page?Only though Binance website: https://www.binance.com/en/official-verification17. True or False: Scammers can often gain access to your Crypto by purposefully making you download malware (harmful software) via your mobile or computer service?True18. What questions do you need to ask during due diligence checks before investing in Projects/Tokens?All of the aboveTrue or false: Anti-Phishing code is an additional security feature provided by Binance that allows users to add an extra layer of security to their account?True20. What is 2FA?Two Factor Authentication21. What methods of 2FA are you recommended to use? Tick all that apply:Use VPN (Virtual Private Network) like NordVPN to keep your internet connection hiddenUse Trusted Antivirus Program (and Firewall)Protect your Login Credentials with a Strong PasswordKeep a separate/dedicated computer/phone just got Crypto accounts(Tick all four)22. True or False: Phishing is one of the most wide-spread and common cyber attack technique. It is a type of social engineering attack that involves psychological manipulation and relies on human failures.True23. What is a Rug Pull?Crypto Project team sell all their Tokens in the market which results in token price essentially going to zero.24. What is Binance doing to help mitigate Scams? Tick all that apply:Implementing Strict Security MeasuresMaking KYC (Know Your Customer) MandatoryWorking with Law Enforcement25. Should you contact your Local Police/Action Fraud if you have been scammed?TrueGood Luck, and thank me later xxx
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