The main crypto exchange sounds more like an alarm than a security threat – what’s going on?

Crypto Traders is being urged to stay vigilant after Crypto Exchange Mexc Global issues an emergency security alert to users. In a recent tweet, MEXC warns the Crypto community to be aware of SMS scam phishing and raises concerns about ongoing attempts to compromise user accounts.

MEXC Builders, an X account focused on MEXC Exchange, showed in a recent tweet that it received reports from users of suspicious SMS messages that contain phishing links. They say that these messages have not been sent by MEXC exchanges and can pose security risks. Therefore, users will be urged not to click on such links or share personal information.

SMS phishing is a fraudulent action aimed at using SMS text messages with the aim of stealing sensitive customer information (such as wallet private keys and login passwords) or giving up on cryptocurrency assets. Phishing attackers often seduce unsuspecting victims by legal entities, including exchanges and wallet service providers.

In light of this, MEXC reminds the Crypto community not to send a link via SMS, but also to request that users send either or to request that users click, call, or answer unknown numbers. Additionally, users should always check the information via official channels.

Safety measures

Other security measures that cryptographic users can take include protecting private keys and passwords. They should note that legitimate service providers do not require private keys or passwords via SMS.

The second is to enable two-factor authentication (2FA). This provides an additional layer of security for your account and prevents unauthorized access.

Third, cryptographic users should be aware of unknown numbers and do not respond to SMS messages from unfamiliar numbers. Please avoid calling the phone number listed in the message.

The last security tip is to check your domain. Users should carefully check that the domain of the SMS link corresponds to the official domain.