No social media platform is completely secure.

[FinlarK 24]

During the Covid crisis, I met a man on Facebook who was nice and conversational, and our communication was normal, so we exchanged numbers and moved to Whatsapp, where we traded massages. After a few weeks, he began to introduce me to crypto currency, how it works, and how it has been used to earn money. He asked me to open a Binance account, showed me how to fund my account, and then persuaded me to sign up. He also showed me how to move the money to a trading platform where it would be invested. I made my first payment, which I can plainly see on my dashboard, as well as how I may withdraw it to my Binance account at any time.

On the third, he persuaded me to invest more money so that I could earn more, but I preferred to see and withdraw the first investment before making or investing more, but he persuaded me to do so, so I began to have doubts and bad feelings about it, so I decided to open the investment site to see if my money was safe and withdrawable, but when I opened the investment site, I discovered that my trading site had stopped working, so I contacted him, and he directed me to costumer service which I did and they told me that my account was blocked and I need to pay certain amount of money to unlock my funds, which I did then I try again to withdraw my funds but i couldn't, i contacted the customer service again they also demanded for more money, 

[CreeperWolverine 26]

There's something wrong with him when I read this sentence. It's fine that he explains what crypto is and how it works, but asking you to register an account and then explaining how to profit seems odd. If it's a stranger or even one of your best friends, they won't tell you how to make quick money because if they know how, they'll keep quiet and do it themselves. Anyone wants to be wealthy, but no one will ever divulge their wealth-building strategy.

[desky 60]

Because these types of scams are mainly distributed through social media sites in the first place, no social media is safe. And fraudsters will continue to create new and more appealing ways to attract victims; so, the only genuine remedy is to think rationally and without delusions.

"It's probably too good to be true if it sounds too good to be true."

[Nether 7]

Strangers don't have any positive intentions for you when they first PM you; the internet is now full of fraudsters that appear to have something excellent to give but it's all a deception; become your own boss and don't listen to strangers or accept any private messages from them.

[respectde 6]

This isn't anything you can blame on social media, in my opinion. You could have fallen for this scam in a variety of ways, such as seeing an advertisement on a website or reading about it in a forum promising you great profits by investing in something you have no idea about (ie. cryptocurrency). Consider the case of token hype. On this topic alone, we've seen a lot of people get scammed by ICO, IDO, IBO, IEO, ITO, STO, DeFi, NFT, and other similar schemes.

The only difference between social media and traditional scams is that social media scams are more focused and target individuals rather than groups.

[destutter 16]

These con artists will never stop, therefore we must be cautious in our activities. Scammers have acquired your trust and defrauded you of your money, so never trust anyone, even if they are close to you, when it comes to money problems; make your own decisions.

[desheriff 9]

If the platform is still up, you should name it to warn other people not to use it. This is a bad start for you in Cryptocurrency, but sharing your experience here will help people understand that when it comes to investing, social media is not the place to ask for advice. I was introduced to Cryptocurrency by a friend I know well, and people should only take advice from people they know personally. It's your money, so do your own research.

[bowerzcr 16]

I apologize for the unpleasant experience you had.
You've seen firsthand how many people utilize the Internet to defraud others.
Nowadays, one must exercise extreme caution and properly examine each investment opportunity.
You should always conduct an internet search to discover what others have to say about an investment opportunity, as well as check to see if it is being offered by a legitimate organization.
If you can't find the company's or owner's name, and there are a lot of unfavorable comments on the Internet, it should be enough to warn you not to invest.
It's also crucial to research the crypto sector and learn everything there is to know about it, rather than believing what others say.
You don't need anyone's help to invest in cryptocurrency; you can do everything alone.
I hope this negative experience did not discourage you and that you would continue to invest, but this time believing in yourself rather than others.

[zcxpleasant 23]

This is exactly where the problem began; after all, doesn't it seem too good to be true that a random person is so concerned about your financial well-being that they immediately want to assist you in making money? Unfortunately, things do not work that way, and scammers know that novices are usually aroused by the mention of cryptocurrency because they see it as a way to become wealthy quickly.

Having said that, the issue here is greed; you hoped to make money with no effort, no research, no patience, just invest and reap the rewards; I'm sure a part of you knew this offer was shady all along, but the 'greedy part' wouldn't let you think twice; I'm sorry you had to learn your lesson the hard way, but the good thing is you did learn a lesson, and if you grow on it, you'll probably not fall for

[dekrampus 70]

Oh, dear, if you had done some study on cryptocurrencies and associated scams, you would have had the opportunity to escape this one.
People approaching you on social media and persuading you to invest in a crypto platform is a common scam these days.
Many people have approached me via social media platforms such as Instagram, Telegram, Twitter, Reddit, and others...
However, as a long-time member of this community, I am aware of the majority of frauds and have only been cheated once (Bitconnect).

[dering 65]

In some way or another, we all learn. It's unfortunate that some people have to be conned first before they learn. In this situation, the OP has learned the lesson for which they paid. Even if I've known someone for a long time and they're trying to introduce me to a trading platform, I'm suspicious and wary. Let alone when a random individual has been introducing me to a trading platform for a few weeks. The OP set themselves up as an easy target. In any case, I'm hoping the sum defrauded was not significant. After that, report the trade site as well as the user's Facebook handle and move on.