When you deposit or withdraw funds, don’t casually add OTC merchants as friends.

These days, some merchants will try to get you to go to small platforms (小所玩), tricking you by saying there are high fee rebates and commissions. Some will even help you open positions. There are mainly two types of scams here:
1) Small platforms generally take the client’s losses. Your losses are your superior’s profits;
2) It doesn’t matter that the small platform offers high fee rebates and commissions. The small platform’s order book execution price is relatively poor, which ends up costing far more than the fees.

Whether you’re trading crypto, investing in U.S. stocks, or trading meme coins, stick to Binance—the gold standard.

For both new and existing users: register and bind my invitation code (referral code) WIN98. It already comes with a 20% fee rebate and commission, so it’s the best option—there’s no need to touch those unsafe platforms.

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