How to keep Your NFTs safe?

Types of scams

  • Never click on links that you can’t verify.
  • Check the domain URL again — a fake website may frequently be identified by a single difference in character.
  • Go to the official collection’s Twitter or Discord first to make sure you’re minting the verified link.
  • A large number of followers does not guarantee that an account is genuine.
  • Always double-check Twitter usernames and account followers.
  • Report it to Twitter if you find out it’s a bogus account.
  • There are also brand impersonations, in which scammers construct a profile to offer assistance to hacking victims, usually on Discord or Twitter.
  • Never tell anyone your word seed phrase.
  • A combination of letters, numbers, and symbols should be used in passwords.
  • Passwords and seed phrases should not be saved on your PC.
  • A VPN can improve your security by masking your IP address and encrypting your internet activity.
  • Here are some other strategies to protect your assets:
  • Before clicking on any links, be sure they’ve been verified — never click on random or broken links received from unknown sources.
  • Never, ever, ever share your screen.
  • Check the contract address, which should show where the NFT was minted, before minting anything. It should be genuine if it has been validated on OpenSea. If something appears to be too good to be true, it most likely is.
  • Never give out your recovery phrase to anyone.
  • Store your seed phrase offline (“cold storage”), with numerous copies in secure places, away from your phone and computer.
  • Always double-check that you’re minting on a trusted website.
  • Due to bots and fraudsters, many people find it easier and safer to switch off Discord DMs entirely.
  • It’s a good idea to bookmark trusted websites like OpenSea so you don’t end up on a phony page.
  • You will never be sent a DM first if you need help; instead, go to official sites for help, not social media.
  • Ask trustworthy friends questions, seek answers from official teams, and don’t be scared to raise concerns about your safety and security.
  • Add an extra layer of protection by using two-factor authentication.
  • Use strong and unusual passwords — best it’s to start a new account with a different password each time.
  • Use a hardware wallet like a Ledger or Trezor — these cold wallets remain offline, so only you and your private key have access to them.
  • DYOR. Before you do anything in the NFT realm, make sure you do your homework on the collection, the seller, the contract, and the legalities.

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