Scammers are getting smarter, and one of the latest tactics involves convincing victims to enable face recognition on their Binance accounts.
In this blog, we’ll break down how these scams work, the psychological tricks they use, and why you should never enable face recognition for financial accounts.
The Scam: A Fake Binance Security Call
I recently received a call from someone claiming to be from Binance’s security team. The caller told me that my account had been compromised due to a login attempt from an unfamiliar Samsung S20 device. They assured me that Binance had blocked the attempt but insisted that I needed to set up a new Binance account with face recognition enabled for extra security.
This was a classic scam designed to gain control of my account using biometric authentication. If I had followed their instructions, the scammers would have likely used my facial recognition data to bypass Binance’s security features and drain my funds.
How Scammers Groom You
Scammers rely on manipulation and trust-building to make their victims comply. Here’s how they tried to trick me:
By keeping them talking, I was able to expose more of their tricks. The longer they spoke, the more inconsistencies appeared, proving they were fraudsters.
Best Security Practices Instead of Face Recognition
To keep your Binance account safe, follow these security best practices instead of using biometric authentication:
Final Verdict: Avoid Face Recognition for Binance
While facial recognition may seem convenient, it is not secure enough for financial accounts. The risks of hacking, deepfake attacks, and coercion far outweigh the benefits. Instead, use strong passwords, two-factor authentication, and hardware security keys to keep your assets safe.
Have you ever received a scam call like this? Share your experiences in the comments! And remember—no real Binance employee will ever call you about account security. Stay alert and protect your crypto!
Buy Me a Coffee
I’m on @buymeacoffee. If you like my work, you can buy me a coffee and share your thoughts.
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Cold Case Files: Miami
Joyce Sapp, 76; Bryan Herrera, 16; and Laurance Webb, 32—three Miami residents whose lives were stolen in brutal, unsolved homicides. Cold Case Files: Miami follows award‑winning radio host and City of Miami Police reserve officer Enrique Santos as he partners with the department’s Cold Case Homicide Unit, determined family members, and the advocates who spend their lives fighting for justice for the victims who can no longer fight for themselves.