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About Warylens
A site for the questions people ask before they open an account — and a straight account of who is behind it.
What this site is for
There is a gap in English-language writing about cryptocurrency. On one side, affiliate sites that answer every question with a link. On the other, a flat refusal to engage on the grounds that the whole thing is a fraud. Somebody standing between those two, genuinely undecided, gets almost nothing useful.
That person is who this is written for. Someone who keeps seeing it in the news, knows people doing it, and cannot work out whether they would be sensible or foolish to try. We answer the questions in that order — is it legal, can the platform keep my money, am I insured, will I lose everything, should I do this at all — and we say when the honest answer is that nobody knows.
Who writes it
Neve Kilbride is the byline on everything here, and it is a pen name. We would rather tell you that plainly than invent a biography.
What we will not do is manufacture credentials to go with it. There is no claim here to be a former trader, a compliance officer, or an early adopter with a decade of scars. Those claims are cheap to make and impossible for you to check, and the industry is full of them. What we do instead is show our working: primary sources, linked, with the month we checked them.
The reason for a pen name is ordinary. This is a small operation writing about fraud structures and naming the mechanics of them, and the byline is not the part that should carry weight. The sourcing is. If a claim on this site is not attributed to something you can check yourself, treat it as our opinion and weigh it accordingly.
How it is paid for
One page on this site — the registration walkthrough — carries a Binance referral link with our code, BN0112. If someone registers through it, Binance pays us a promotion service fee out of trading fees that would have been charged anyway, and the reader gets a discount on those fees rather than paying more.
That is the entire business model. No advertising, no sponsored posts, no paid placements, no newsletter sales, no affiliate links to anything else. The full accounting is on the disclosure page, including what we would refuse.
The obvious question is whether that arrangement bends what we write. It would be strange to claim otherwise in the abstract, so instead here are the things it visibly has not bent: a page arguing that some readers should not do this at all, a self-check tool whose output can be "not right now", and a page taking the criticisms of the whole industry seriously and concluding that several of them are correct.
What we will not do
- Price predictions. Not ours, not anyone's. Nobody knows and the ones who sound most certain know least.
- Name a company as a fraud. We describe structures and give you the checks. We are not in a position to make that accusation about a named business, and a site that does it casually is a liability to its readers.
- Invent numbers. If we do not have a sourced figure, we say the shape of the thing instead of producing a precise-sounding fake. Fabricated precision is the easiest lie to spot and the most common one in this field.
- Promise outcomes. Not returns, not recovery of lost funds, not that following our checks will keep you safe. They improve your odds against specific failures. That is all anything can do.
Getting in touch
Corrections and questions go to the contact page. Anything we get wrong is logged publicly on the corrections page with the date and what changed, and how we work is set out in the editorial policy.
This site is not the official Binance website and has no affiliation with it.
Something on this page out of date or wrong? Tell us and it goes on the corrections page.