When I first played, I wasn't like you. Others tried to get close to me, but I couldn't be bothered to pay them any attention. There was someone who said he was Guo Er Ye's assistant; I questioned him, and he just went silent when I directly asked him what the matter was. You have to believe this: if others have such impressive deals, why would they actively seek you out?

Newbies should stay away from U merchants, block them immediately after the transaction 🙆!!!

Just entered the crypto world, and got exploited by U merchants, which taught me:

Do not trust anyone easily, and do not chat with anyone, revealing your personal information. Especially U merchants, particularly with large deposits, many require verification, at which point they can see your payment records. After receiving U, immediately block U merchants because they know you have money and will try to scam you.

Newbies are too easily exploited; they must be very cautious, think clearly about the interests between people, and trust no one. Especially experienced U merchants, it's too easy for them to scam you!!!

Even if a newbie gets scammed, there is no way to defend their rights, and the platform cannot punish the merchants. These merchants make a fortune by exploiting newbies.

In the comments section, do not fall for the victim-blaming argument; you have no idea how many people have been scammed. Moreover, the merchants are professional scammers; they will let you taste a little sweetness at first, allowing you to make a small profit by copying trades on Binance, and later they will push you to smaller platforms. Because you have established trust with the merchant, thinking that they have a margin and don’t care about this small amount of money, you transfer 100 U to the small platform, and when issues arise, you look to the platform to penalize the merchant. One day later, you withdraw it, and never go back to the small platform.

But contracts are like gambling; once you win once, it's hard to stop, and later you lose 200 U. After serious reflection, I found that U merchants are the source of all evil. When I first came to Binance, I was only looking for a 10% annual return, planning to invest in Bitcoin at the right time, resolutely avoiding contracts, but U merchants will do everything to lure you, using various rhetoric, and even comparing spot trading and contracts to working and starting a business.

I wanted to find a teacher to learn for a fee, just trying with a small amount of capital, but unexpectedly, they were just out to exploit me from the start; they were after my principal 😱.

Scammers understand how to scam better than you do. I didn't lose much, but I'm worried that more people will be scammed. Many merchants who pulled me into groups are in dozens of groups, each with hundreds of people, all using 100x leverage. Many people start winning and then begin to get overconfident, step by step falling into the merchant's trap.

I reported these merchants, recorded relevant videos, and submitted them, but the platform had no reaction.

In short, the crypto world is too deep, and newbies must protect their principal well!