Leading cryptocurrency exchange Binance has issued a strong security notice to crypto projects, cautioning them against fraudsters posing as official representatives. The company says it has seen a rise in impersonators claiming to be Binance “listing agents” or business development staff who can secure token listings for a fee.
According to Binance, these claims are entirely false. The exchange emphasized that token listings are never guaranteed, and no outside intermediaries are authorized to act on its behalf.
No Third-Party Listing Negotiators
Binance clarified that all listing discussions are handled directly between the project team and Binance, with no outside agents or consultants involved. Attempts to negotiate through intermediaries, the company warned, could lead to automatic disqualification.
The exchange also reiterated that it does not charge so-called “listing fees.” Instead, projects are evaluated on fundamentals such as community interest, long-term viability, compliance, and business models. Any request for upfront payment in exchange for a promised listing, Binance stressed, is a scam.
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To help projects avoid fraud, Binance directs users to its “Binance Verify” tool, which allows them to confirm whether an email, phone number, or social media account truly belongs to the company. The exchange says it will never make initial listing contact through unofficial channels such as Telegram groups, random emails, or third-party brokers.
Scams Beyond Listing Fraud
This isn’t the first time Binance has warned about impersonators. Earlier this year, the company issued alerts about criminals pretending to be customer support agents to gain access to user accounts and trading APIs. Fake community groups have also been created on platforms like WhatsApp, Discord, and Telegram to lure victims into handing over money or personal information.
Global regulators have noticed a rise in crypto-related scams as well. In one case, Australian authorities reported that dozens of residents were targeted by text messages that appeared in existing threads, claiming to be from Binance. Victims were tricked into moving funds into fraudulent wallets, with little chance of recovery.
Strengthening Trust and Security
By warning about fake listing agents, Binance is trying to protect both projects and investors from unnecessary losses. As one of the largest exchanges in the world, Binance continues to emphasize transparency, due diligence, and direct engagement as the only valid way to pursue a token listing.
For crypto startups aiming to build legitimacy, the message is clear: avoid shortcuts, ignore fraudulent offers, and verify every point of contact.
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