Tips to stay safe in web3
Navigating the world of blockchain and NFTs can be exciting, but it is important to stay safe. Here's some key tips to keep in mind :
- DYOR = Do your own research. Take the time to educate yourself about blockchain, NFTs, and the platforms you're interested in. Understand how they work, their potential risks, and best practices for using them.
- Secure your wallet = Make sure your use a strong unique password and consider enabling two-factor authentication or face verification. Plan to store your wallet seed phrase on paper or on a safe location.
- Beware of scams = Watch out for phishing, fake projects, and promises of guaranteed returns.
- Double-check addresses = When sending or receiving cryptocurrencies or NFTs, double-check your wallet addresses to ensure accuracy. If you send something to the wrong wallet, it is irreversible.
- Trust your instincts = If something seems too good to be true or feels off, trust your gut and proceed with caution.
By following these tips, you can safely navigate through the world of blockchain and NFTs.