Cost and risk · Topic board
Rewards have costs around them: tied-up funds, spreads and wallet operations. Read the cost breakdown alongside the wallet comparison and the warning signs of a fake airdrop.
- Fake airdrops and fake support staff
A claim page that looks right, a signature request that costs nothing today, a helpful stranger in your DMs, a token that appeared by itself.
- The real cost of Binance launches: opportunity, spread, fees, attention
Locked funds carry an opportunity cost, farming carries a spread, claim windows want your attention.
- Binance Web3 Wallet and your exchange account are not the same thing
One is custodied for you; the other hands you the seed phrase.