PERILOUS SCAM: Binance Deposit review

Binance Deposit websiteIn this review we warn against the Binance Deposit investment program, it is a dangerous scam.

Binance Deposit looks like an investment service of the cryptocurrency exchange Binance, not only because it uses its name, but also because it uses the same logo.

With Binance Deposit you can deposit your cryptocurrency and allegedly get a daily interest rate up to 1.5%. Can you trust this program?

Binance Deposit scam

Investment packagesFirst of all, we need to make one thing crystal clear, Binance Deposit has nothing to do with Binance, it just abuses its name. This is the first red flag.

Secondly, any program offering 45% monthly must be a scam, there is no other way. No legitimated business can make this sort of monthly returns consistently. Don’t forget that real returns would have to be way higher, so that the company can get its profit share.

How it really works

Scam platformBinance Deposit is a scam, this is a sure thing. However, it is not clear if it is a Ponzi scheme or just a simple scam.

The first dangerous thing is that you will be sending them your cryptocurrencies, which means that if they decide not to pay you anything, you won’t be able to do anything about it, since crypto transactions are irreversible.

If it is a Ponzi scheme, it will use the deposits to pay the initial profits, just to attract more people into the system. Then it will collapse big time.

Or they just collect cryptos from people and never pay anything back. In any case don’t send them anything, ever!

Conclusion

Binance Deposit is a scam, it has nothing in common with real Binance, it will just steal your cryptos!

If you are interested in crypto trading, try a free demo with a regulated broker.

See in the test mode how it works, then decide if it is something you want to devote your time to.

Summary
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Binance Deposit
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