Skip to main content
All CollectionsNew to EOS? Start HereScam Prevention
Similar Exchange Deposit Addresses to Trick Users
Similar Exchange Deposit Addresses to Trick Users

Hackers often exploit accounts that bear resemblance to legitimate exchange accounts in order to carry out scams and fraudulent activities.

Dario Cesaro avatar
Written by Dario Cesaro
Updated over a week ago

1.0 Introduction

When transferring your EOS tokens from a hardware or software wallet to an exchange, it's crucial to exercise caution. Many exchanges have their own designated EOS accounts for deposits. However, it's essential to be aware of homonymic accounts, which resemble legitimate exchange accounts. These homonymic accounts have similar names or addresses to the real exchange accounts, which can be misleading and result in mistaken asset transfers. Therefore, it's essential to thoroughly verify the authenticity of the recipient account before making any transfers to avoid potential losses or complications. Often, hackers use homonymic accounts to steal funds.

2.0 Exchanges, Legitimate Accounts, and homonymic accounts

The following table displays notable exchanges worldwide, their verified accounts, and accounts with similar names. Please note that the list of accounts with similar names is not exhaustive, as other accounts may resemble legitimate exchange accounts.

Exchange

Legitimate Account

Homonymic Accounts

binanceclaos

binanceclbos

binanceclcos

binancecldos

binanceclzos

binancecl1os

binancecl2os

binancecl3os

binanceclbin

binanceclaim

bitfinexdep2

bitfinexdep5

bitfinexdepa

bitfinexdepz

bitfinex.com

bitfinex.eos

bitfinex.net

bitfinex.mlt

gateiowa11et

gateiowa1let

gateiowaalet

gateiowaflet

gateiowazlet

krakenkra1en

krakenkra5en

krakenkracen

krakunkraken

krakenkraaen

krukenkraken

kucoindot1os

kucoindot5os

kucoindotaos

kucoindotdos

kucoindotzos

qucoindoteos

kucoin1oteos

kucoinboteos

mexcedeposit

mxcexdepoait

mxcexdepocit

mxcexdepoiit

mxcexdefosit

mxcdepositex

naxoeoschain

nexoboschain

nexodoschain

nexoeosahain

nexoeoszhain

nexoeos1hain

nexoeos5hain

3.0 Best Practice when Transferring EOS to an Exchange

To ensure a secure transfer of EOS from your wallet to an exchange, obtaining the deposit address and memo from the exchange is essential. Avoid relying on memory or saved data from elsewhere. The accompanying image displays the deposit address and memo for depositing EOS to Binance exchange for a specific Binance user. It's important to note that each user may have a unique memo. The recommended approach is to copy the deposit address and memo from the exchange and paste them directly into your wallet for enhanced security. Meticulously read the displayed message before transferring your assets.

Deposit EOS in Binance Account.

Screenshot by: Sukanta Manna

Notes:

i) Name of the coin - EOS

ii) Selected Network - EOS

iii) Deposit Address - binancecleos

iv) Memo - ************ (Unique to your account)

v) Important message from the Exchange.

4.0 Risks Associated with Mistaking a Homonymic Account for a Legitimate Exchange Account

If you mistakenly transfer your EOS to a homonymic account, it may be difficult or impossible to recover them. Always verify the recipient's account information and exercise caution when transferring assets. If you are a victim of a major hacking incident, you may seek help from Recover+.

5.0 Conclusion

Exercising due diligence is the most effective measure to safeguard your assets against unauthorized transactions. When transferring assets to an exchange, obtaining the deposit address directly from the exchange itself is crucial rather than relying on memory or saved notes. It's also important to be aware of homonymic accounts, often exploited by hackers for scamming purposes. Stay vigilant and verify the authenticity of accounts to ensure the security of your assets.


Author: Sukanta Manna

Editor: Markus Hinrichs, Randall Roland

Sources & References:

Did this answer your question?