UmbrellaX Declare a Risk Warning to Prevent Fraud
Once the withdrawal is completed, the digital assets are owned by the other party's. We recommend you beware of fraud identification and various types of fraud. Fraud cases for organizing scenes are as follows:
Investment fraud
- 1.Get in touch: add your personal WeChat, QQ, telegram or other social media platforms into a strange group.
- 2.Gain your trust: impersonation of official personnel or unauthorized claims of cooperation on various large platforms or mainstream exchanges to gain your trust.
- 3.The temptation of big amounts: including "arbitrage", "big amount of rebate", "saving". The members of the group will show their orders to encourage you at the same time.
- 4.Common investment types: including new digital asset investment ( but which is not listed on other mainstream exchanges)，ICO, gambling, Ponzi scheme of digital assets, saving and other investment types. Once the digital assets are withdrawn, it can't be transferred back to your wallet.
- Security Reminder: Anyone who claims to cooperate with Exchange without authorization is a fraud. Please beware of various types of fraud such as investment, gaming.
Out of OTC fraud
- 1) Gain your trust: gain your trust through online dating, impersonate an investment teacher.
- 2.Fraud types:
a. No payment of money.
Agree to trade out-of-Exchange, trade in social media group or other methods, and the seller has to transfer digital assets first. After the withdrawal is completed, the buyer does not pay.
b. No payment of digital assets.
Agree to trade out-of-Exchange, trade in social media group or other methods, and the buyer has to transfer money first. After you pay, the seller will not give the digital assets.
c. Deposit Fake digital assets.
Agree to trade out-of-Exchange, trade in social media group or other methods, and the buyer has to transfer money first. After you pay, the seller will give you fake digital assets.
d. Entrust you to sell digital assets.
Entrust you to sell digital assets on Exchange, then deposit fake digital assets to you after you transfer a big amount of money.
Security Reminder: Please always trade on Exchange.
'Fake Friends' fraud
- 1.Gain your trust: impersonate a friend or steal a friend's social account.
- 2.Fraud: ask you to borrow money for loan or other reasons, and refuse your video or voice call.
Security Reminder: Please make sure you will withdraw digital assets to your REAL friends.
'Fake HT' fraud
- 1.Gain your trust: Create a social media / Telegram group named
. - 2.Fraud: Ask you to transfer your ETH to a wallet and transfer fake HT back.
Security Reminder: Please refer to the official announcement for information about platform activities and make sure your HT transferred by strangers are officially issued by Exchange
Malicious software
- 13. Malicious software When installing a software, you should always ensure the authenticity of the applications. Malicious applications might seem very leigitimate because they look very similar to the official one. These apps are designed to steal your account and asset. To prevent this, It is recommended to always download the application from official website, and also check the provider's information when downloading from Apple Store or Google Play Store.