Nexus Fintrade (Beta) Help Center
  • 👋Welcome to NEXUS FINTRADE (Beta) Help Center
  • User Guide
    • 😃Getting started
      • How To Get Started?
      • How to KYC verification?
      • How to modify safety verification?
      • An Overview of Products & Features
      • How to Select Futures Trading Pairs?
      • A Beginner’s Guide to Crypto Spot Trading (Website)
      • A Beginner’s Guide to Crypto Futures Trading (Website)
  • FUNCTIONALTITIES & GLOSSARY
    • 📑LFX Trading
      • What's LFX?
      • Margin of LFX
      • How to start LFX trading?
      • Margin call & liquidation
      • Financing costs
    • 🏡Account
      • Funding Account and Trading Account
    • 🫰Multi-Assets Cross Margin
      • Benefits of Trading USDⓈ-Margined Futures in Multi-Assets Mode
      • Auto-Exchange in Multi-Assets Mode
      • Cross Margin Mode
    • 🔐Security Design
      • Securing Your Account
      • Security Tips
    • 🅱️Crypto Trading
      • Trading Glossary
        • Market Makers and Takers
        • Order Book and Market Depth
        • Position Modes
      • Spot Trading
        • Types of order on Spot Trading
        • What is spot trading?
      • Futures Trading
        • Perpetual Futures and Quarterly Futures
        • What Are Cryptocurrency Futures?
        • Differences Between Perpetual Contract and Traditional Futures Contract
        • Spot vs. Futures Trading
        • Margin vs. Futures Trading
        • USDⓈ-Margined Futures Contract Specifications
        • Liquidation Price of USDⓈ-M Futures Contracts
        • Futures Trading Risk Control
        • Leverage and Margin of USDⓈ-M Futures
        • Types of Order on Futures Trading
        • Summary of Failed Orders in Futures Trading
        • Open or Close Position in Hedge Mode
        • Go Long or Short on Futures
  • FAQs
    • 💸Withdrawals and Deposits
      • Why Hasn’t My Withdrawal Arrived?
      • What Can I Do When Withdrawal Is Suspended?
      • How To Withdraw Crypto on the Platform?
      • Why Hasn’t My Deposit Been Credited?
      • What Can I Do When I Withdraw to A Wrong Address?
      • What's the Withdrawal Fees on our Platform
      • How to Deposit Crypto to our Platform?
    • ⚖️Trading
      • What Is Multi-Assets Mode, and What Assets Does It Support?
      • How to Check My Asset Balance in Multi-Assets Mode?
      • How to Calculate Margin in Multi-Assets Mode?
      • How to Download Spot Trading Transaction History Statement ?
      • What are Market order and Limit Order Price Cap and Floor Ratio ?
      • How to Prevent Phishing Attacks?
      • How to View My Trading Activity?
      • How to Calculate Return on Investment (ROI)?
      • How to Download My Order History for USDⓈ-M, and COIN-M Futures Orders?
    • ✅Account Verification
      • Why Can’t I Receive Emails from the Platform?
      • How to Whitelist the Platform's Emails?
      • Where can I get my account verified on the website?
      • How to Register on the Platform's Website?
    • 🔓Account Management
      • How to Create a Trading Account on the Platform?
      • How to Check the Platform and Transfer Funds on Wallet Overview?
    • ⚠️Risk Mitigation
      • How to Reduce Your Chances of Getting Liquidated?
      • How to Improve Risk Management on Platform's Futures?
      • How Liquidation Works in Futures Trading?
      • How to Manage Risk and Trade Responsibly?
      • How to Calculate Profit and Loss for Futures Contracts?
    • 🔐Security
      • How to Reset Your Account Password?
      • How to Secure Your Account on the Platform?
      • How to Protect Your Account on the Platform from Scam?
  • RULES & FEES
    • 🏛️Calculation Glossary
      • Fee Structure on the Platform
      • Calculation of Commission in Spot & Margin Trading
      • Calculation of Commission in Future Trading
      • Funding Rates in Perpetual
      • Margin Level and Margin Call
      • Daily Interest Rate for Margin Trading
      • Liquidation Protocols
      • Calculation of Perpetual Margin
      • Loans and Interests
      • Leverage and MMR & IMR
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On this page
  • Common cryptocurrency scams:
  • Impersonating Protocol staff
  • Phishing attacks
  • Fake law enforcement messages
  • Security tips:

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  1. FAQs
  2. Security

How to Protect Your Account on the Platform from Scam?

As the popularity of cryptocurrencies increases, crypto scams are becoming more common. Protocol encourages users to be cautious and take necessary measures to protect themselves from falling victim to these scams.

Common cryptocurrency scams:

Scammers are finding new ways to target their victims. Here are some common examples of crypto scams:

Impersonating Protocol staff

Scammers might impersonate Protocol's Customer Service team and contact you outside of our official channels. Please note that Protocol Support staff will never ask you to reveal any sensitive information or send money to any address for any reason. If you suspect that you are chatting with a scammer, please report your case to our Security Team Agent immediately.

Phishing attacks

Phishing is a fraudulent attempt to obtain sensitive information, such as your username, password, or 2FA code, by disguising as Protocol in emails, fake websites and social media accounts, instant messages, etc.

Protecting yourself from phishing attacks requires steps to be taken by both users and Protocol. Here are some of the steps you can take to protect yourself:

  • Enable Two-Factor Authentication (2FA), such as Google Authenticator, SMS, or Yubikey. Never disclose your backup keys to anyone or on any website.

  • Enable the anti-phishing code to add multiple protections to your emails.

  • Always upgrade your browser to the latest version as they will warn users of phishing or unsafe high-risk websites.

  • Always log in to Protocol through the official website. We also recommend you to check and verify whether an SSL certificate is given for the domain name *.Protocol.com or *.Protocol.net.

Please report any Protocol phishing sites you see to our Security Team Agent immediately.

Fake law enforcement messages

Scammers might also impersonate law enforcement authorities and ask you to take immediate action, or your account will be frozen. For example, they may say that your account has received funds from illegal sources and is being investigated for money laundering. You will be asked to disclose sensitive information of your account or transfer funds to the scammer’s account to "verify" your identity.

When you receive these messages, do not reply or disclose your account information. Please note that law enforcement authorities will not contact you directly on the grounds that your account is at risk of money laundering, nor ask for your password or make a transfer to unknown accounts.

You can pay attention to official Protocol announcements for the latest updates. Please also report any fake messages to our Security Team Agent immediately, or contact Protocol Support for assistance.

Security tips:

To verify the identity of the person contacting you, you can enter the email address, phone number, or Telegram ID to check if they are an official Protocol representative.

You can also whitelist the following official Protocol email addresses in your email:

And most importantly, remember to:

  • Never share your password with anyone.

  • Never return any calls from someone claiming to be a Protocol employee or Protocol Support team.

  • Never send money to anyone claiming to be a Protocol employee.

  • Enable Two Factor Authentication (Google/Protocol Authenticator, SMS Authentication, or Yubikey).

By following these tips, you can help ensure the security of your Protocol account and protect yourself from cryptocurrency scams.

PreviousHow to Secure Your Account on the Platform?NextCalculation Glossary

Last updated 9 months ago

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