Kucoin security update!!!

[Jaycoinz]

Hello fam




So I thought I should bring this update here and to my surprise a lot of similar cases have been occuring to other exchanges like bybit and the rest but staying updated is the only way we can actually avoid being victims of such cases.

Scammers are always looking for ways to actually get the better of naive victims and a lot of person have actually fell into their trap so we should try as possible just the way they are working tirelessly to stay updated too so we won't be affected.

In this particular message, they talk about impersonation which is a basis scam move especially and sometimes most of them are phishing link and which will require the victim to click on it and that's why clicking on random links is not advisable at all.

[Charles-Tim]

In Nigeria now, unless VPN is used, legit Kucoin site can not load.

Most of us are access Kucoin through the app without the use of VPN. Check for anything sent through email on your notification on the KuCoin app. It is better you neglect it if not seen on your Kucoin account notifications.

Another is to check the username that sent it. The legit one is KuCoin. Any similar name should be avoided because the email is not from KuCoin.

Phishing is easy to know and avoid but I am always surprised that some people do become victims of phishing attack.

[Nwada001]

Just like the warning, anything that happens aside from the exchange app or website can't be held responsible for any loss caused by that. It's enough of a warning for everyone to stay away from anybody claiming to be Kucoin or whatever exchange the scammer might be trying to impersonate.
 
Thanks for bringing this up here.p Some people might have already fallen victim to this kind of mail when they could have just checked the domain that sent the mail and compared it with the exchanged regular mail, and the difference would have been easily detected.

[adultcrypto]

In Nigeria now, unless VPN is used, legit Kucoin site can not load.

Most of us are access Kucoin through the app without the use of VPN. Check for anything sent through email on your notification on the KuCoin app. It is better you neglect it if not seen on your Kucoin account notifications.

Another is to check the username that sent it. The legit one is KuCoin. Any similar name should be avoided because the email is not from KuCoin.

Phishing is easy to know and avoid but I am always surprised that some people do become victims of phishing attack.

The App is opening well without VPN so that seems like the only legit way of accessing the exchange because even VPN have shown to be dangerous now. Scammers are using every available avenue to exploit people. If the message is sent through their app, many people will actually fall for it because it will be regarded as legit and from the right source.

I will not trust anything that has p2p attached to it until I see that Kucoin have fully restored p2p services for Nigerians. Even when that is done, I will never use escrow service or whatsoever when I know how the p2p system works. We should just be careful because the times are evil.

[DaNNy001]

Well done mate, this is a really vital piece of information well atleast for the ones that are not always security conscious because there are alot of persons out there and even in this forum that will still fall victim even despite the update and warnings given. I believe sometimes curiosity of the human mind actually get them to try things even when they know it might be scam related.

Scammers are everywhere and they are working relentlessly just to get an edge over people so staying updated can really help and a community like this give us the extra edge over these scammers too because there are always helpful information from other members.

[Richbased]

I will not trust anything that has p2p attached to it until I see that Kucoin have fully restored p2p services for Nigerians. Even when that is done, I will never use escrow service or whatsoever when I know how the p2p system works. We should just be careful because the times are evil.

That's just it, I don't really know how people fall easily to phishing attacks or scam because I literally take everything that concerns my funds seriously even in normal banking platforms, most times I delete some messages that am not comfortable with especially those that requires me to use my personal details and so it is with my mails, any mail i receive regarding the exchange am using i thoroughly go true it and also consult some knowledgeable people that i know for them to confirm the reliability of such mails before I give it attention. It's just unfortunate that newbies are mostly the targets of these scammers. Kucoin was a good exchange when I was using it before they suspended naira p2p and after then I have lost confidence in the exchange so I don't take them seriously anymore.

Using escrow service is not even advisable for anyone using p2p as the best is just to go direct with the buyer or the seller (merchants) rathan than using escrow services

[CryptSafe]

OP, Nigeria's P2P service has not been fully restored and it can only be the work of a VPN to get such an update when you access the P2P platform. Anyways welldone for the heads up, as it would be of good help to keep Nigerians updated since it is been a long time since Nigerians made use of the platform for P2P services.

It is no longer news that scammers are everywhere looking for ways to exploit users of platforms in any way they could to do away with their  assets or whatever they deem fit stealing. This update should serve as an eye opener for all Nigerians using any cryptoplatform to be extremely vigilant and cautious of mails they receive because any slight mistake could cause them their funds.

[Lida93]

With how rampant scammers are now taking a quick advantage of the p2p challenges surrounding the ban on some of these exchanges like Kucoin and Binance, I now make sure to confirm every message received in my email with the exchange app on my phone for confirmation. More over, is it stupid that any one would agree with a message from kucion acting as an escrow for a p2p trade outside their exchange platform when we all know they have been banned from naira p2p trading on their platform.  Wisdom is profitable to direct says the holy book.

[Sticky Bomb]

In Nigeria now, unless VPN is used, legit Kucoin site can not load.

Most of us are access Kucoin through the app without the use of VPN. Check for anything sent through email on your notification on the KuCoin app. It is better you neglect it if not seen on your Kucoin account notifications.

yeah, that is the best practice, always check your app notifications for important updates and confirmation whenever you receive emails even from the app itself. It validates the authenticity of such informations.

Another is to check the username that sent it. The legit one is KuCoin. Any similar name should be avoided because the email is not from KuCoin.

its also good to check out spellings discretely. A scammer might send with "kuCoin" or "Kucoin" instead of KuCoin. lets note the difference

Phishing is easy to know and avoid but I am always surprised that some people do become victims of phishing attack.

You shouldn't be because most people aren't very tech savvy as Charles-Tim. Remember, scammers target less suspecting individuals with their near reality tricks.

[Salahmu]

Hello fam



Scammers are always looking for ways to actually get the better of naive victims and a lot of person have actually fell into their trap so we should try as possible just the way they are working tirelessly to stay updated too so we won't be affected.

In this particular message, they talk about impersonation which is a basis scam move especially and sometimes most of them are phishing link and which will require the victim to click on it and that's why clicking on random links is not advisable at all.

This period is actually the moment people needs to be extremely careful in terms of responding to any kind of messages from any exchanges because a lot of things are currently happening and scammers are always looking for every means to hack people's account by disguising to be an agent and funny enough majority of people are always falling a victim on regular basis because this post just reminded me of someone I no that lost all his money on the exchange, however how it happens was that he was having some issues withdrawing so he decided to chart there support team on there telegram and immediately he laid the complaints he was charted up privatly immediately by someone who claims to be there surpot team and he was told that his account has an issues that he will not be allowed to make any withdrawal unless he gives him is private details to be able to rectify it and the guy gave him everything he needed and the next thing he knew all his money was gone.

So actually people should be very careful especially on the telegram because most of the scammers knows that since is an exchange group people will always have one complaints or another, so is advised not to released any private details even if they claim to be a support team because if anything happen there is no way the exchange will be held responsible because they had already made everything clear to there users.

[HajiBagi]

Hello fam




So I thought I should bring this update here and to my surprise a lot of similar cases have been occuring to other exchanges like bybit and the rest but staying updated is the only way we can actually avoid being victims of such cases.

Scammers are always looking for ways to actually get the better of naive victims and a lot of person have actually fell into their trap so we should try as possible just the way they are working tirelessly to stay updated too so we won't be affected.

In this particular message, they talk about impersonation which is a basis scam move especially and sometimes most of them are phishing link and which will require the victim to click on it and that's why clicking on random links is not advisable at all.

Thanks for this update, this is the first time I’ve seen this about scammers on KuCoin but I’m not surprised because that’s what Nigerian scammers do, they always find a way to use the opportunity that they will scam people, I know that after KuCoin announced that the p2p of Nigeria will soon be available Nigeria scammers most find an opportunity to scam people in the process, must we scam each other in this life, why is it that this scammer can go and scam the government who are stealing the public funds so that they will end well in life, scam someone for what he work for is very dangerous because at the end the sins will follow you.

As a Nigerian you have to be careful with what you are doing, online is not safe these days, everyone wants to make money without not working for it, these scammers don’t think of how people suffer to get to the limit of investing, so we should be very careful and if we see any notifications we should not click anything, ignoring it is the best thing we should do about it.

[Ishicryptic]

With how rampant scammers are now taking a quick advantage of the p2p challenges surrounding the ban on some of these exchanges like Kucoin and Binance, I now make sure to confirm every message received in my email with the exchange app on my phone for confirmation. More over, is it stupid that any one would agree with a message from kucion acting as an escrow for a p2p trade outside their exchange platform when we all know they have been banned from naira p2p trading on their platform.  Wisdom is profitable to direct says the holy book.

Any email from exchanges that their naira p2p are barred in Nigeria, like kucoin, OKX and Binance should be a red flag and the person should know that it should be a scam. Exchange officials can not send you an email of escrow services when naira p2p is still restricted in their exchange, it can only be the handwork of scammers, so people must begin to think smart otherwise they will lose their coins to these scammers. It is important to confirm any email sent in the name of an exchange on your exchange app to avoid being swindled by scammers and not following this simple precautionary measure might lead to "had I known" after losing everything.

I thank the OP for updating us in this board with this important information from kucoin

[Odogwu-Blockchain]

How is this scam tricks even done on kucoin p2p exchange,  I think it should be through p2p chatbox medium between seller and buyers where the scammer throws out some phishing link as a form of proof of payment confirmation or something similar.

As for mail notifications, how do they get access to your mail address and send you messages regarding your p2p trades, I would really want to understand how this scam process works and their purpose. You know most p2p scammers especially buyers will try try to hack your account, of they succeed, they would login to your account, and release the coin to themselves without your own knowledge, and there's nothing you can do after then.

[Su-asa]

How is this scam tricks even done on kucoin p2p exchange,  I think it should be through p2p chatbox medium between seller and buyers where the scammer throws out some phishing link as a form of proof of payment confirmation or something similar.

As for mail notifications, how do they get access to your mail address and send you messages regarding your p2p trades, I would really want to understand how this scam process works and their purpose. You know most p2p scammers especially buyers will try try to hack your account, of they succeed, they would login to your account, and release the coin to themselves without your own knowledge, and there's nothing you can do after then.

Scammers have their ways of scamming people. From my opinion I think that scammers and hackers are different people and they use different patterns. The easiest way a hacker can get people details is by creating a fake website that request for KYC or they buys people information from other fraudster so with those informations that given to them, a hacker can send mail to the email address and if you click on those links and follow the prompts they will easily scam you. The ways scammers works is different, they uses a profile that is not there's and convince people to invest or false promises and when you do it they will steal your money and still tells you to deposit again.

[Jegileman]

Oh another phishing scam. I don’t know how well they get to convince their victims into clicking on those links or even persuading them that they are agents of KuCoin and will perform p2p escrow service for them. I haven’t come across this security update or maybe it is among the many notifications I receive daily and are buried inside many others. The message that you’ve not configured an anti-phishing phrase yet is a normal message when doing anything that has to do with sending and receiving money on the exchange, users of KuCoin are used to it by now already. I don’t know how this p2p scam really works but I’m very careful when it comes to p2p transactions on any platform I come across even though they’re trusted ones.

[SmartGold01]

I was actually thinking that kucoin doesn't support Nigeria p2p trade anymore why still having interest to constantly update nigerian on regarding p2p on their platform. From my last notice p2p was delisted from the exchange months ago and why are people still using it to send out unauthorized email to scam people maybe if they keep following the mail then is very easier to get people funds stolen from them.

[Jaycoinz]

Oh another phishing scam. I don’t know how well they get to convince their victims into clicking on those links or even persuading them that they are agents of KuCoin and will perform p2p escrow service for them. I haven’t come across this security update or maybe it is among the many notifications I receive daily and are buried inside many others. The message that you’ve not configured an anti-phishing phrase yet is a normal message when doing anything that has to do with sending and receiving money on the exchange, users of KuCoin are used to it by now already. I don’t know how this p2p scam really works but I’m very careful when it comes to p2p transactions on any platform I come across even though they’re trusted ones.

Well you can speak for yourself only because you would be surprised to how people can be really gullible and fall for these scam sometimes. Human have a way of behavior some even click these links out of curiosity wanting to know what's at the other side of the whole message even with them knowing fully well that almost nothing good ever comes from this type of messages.

[rachael9385]

I was actually thinking that kucoin doesn't support Nigeria p2p trade anymore why still having interest to constantly update nigerian on regarding p2p on their platform. From my last notice p2p was delisted from the exchange months ago and why are people still using it to send out unauthorized email to scam people maybe if they keep following the mail then is very easier to get people funds stolen from them.

Lol... Yes you dey correct but e get something wey you need to know about kucoin exchange. OPEN this link so that you go know how scammers been dey penetrate for kucoin exchange before them delist Nigerian p2p from their exchange. I no need any further explanations for me to know say scammers go fit still do their illegal things for kucoin because them get their own ways of doing their illegal things.

[SmartGold01]

I was actually thinking that kucoin doesn't support Nigeria p2p trade anymore why still having interest to constantly update nigerian on regarding p2p on their platform. From my last notice p2p was delisted from the exchange months ago and why are people still using it to send out unauthorized email to scam people maybe if they keep following the mail then is very easier to get people funds stolen from them.

Lol... Yes you dey correct but e get something wey you need to know about kucoin exchange. OPEN this link so that you go know how scammers been dey penetrate for kucoin exchange before them delist Nigerian p2p from their exchange. I no need any further explanations for me to know say scammers go fit still do their illegal things for kucoin because them get their own ways of doing their illegal things.

It's basically those who are using kucoin like to me I uninstalled my app right from the day one they delisted NGN and imposed all forms of restrictions to Nigerians and this alone has killed the major interests of an average Nigerians who are singly operating in that exchange. Maybe the scammers has power to those who are using for just trading coins instead of selling and buying from there p2p service, sorry I don't click on any link here that way because I am very conscious of what I do click on to avoid being phished unknowingly.

[Su-asa]

Oh another phishing scam. I don’t know how well they get to convince their victims into clicking on those links or even persuading them that they are agents of KuCoin and will perform p2p escrow service for them. I haven’t come across this security update or maybe it is among the many notifications I receive daily and are buried inside many others. The message that you’ve not configured an anti-phishing phrase yet is a normal message when doing anything that has to do with sending and receiving money on the exchange, users of KuCoin are used to it by now already. I don’t know how this p2p scam really works but I’m very careful when it comes to p2p transactions on any platform I come across even though they’re trusted ones.

A wise scammer don't have to spend time convincing someone to click on their links, all they just do it to send it to a random people believing that our of 100 people 10% of them will click on the link and 1% from the 10 will fall on their scam. However they are very passionate on what they do as that's the only things that they do best with their devices. If one have fall in such scam it will be difficult for that same person to fall in such scam again because he has already known their patterns, it's only one who wants to learn the hard way that will not learn how or her lessons. I don't doubt the OP at all because it's only p2p that's not allowed for Nigerians but a Nigerian can still send and receive coins with kucoin