đšâđ« "How to Stay Safe in Crypto"
With the bull market attracting more scammers to the crypto space, it's crucial to protect yourself. Some individuals have even sold their channels to scammers, who then exploit their followers. Here are some essential rules to safeguard your funds:
1) NEVER hand over your funds for account management.
2) AVOID buying scam tokens, especially on DEXes like PancakeSwap, regardless of the high returns promised.
3) DO NOT transfer your funds to anyone, no matter what they claim.
4) STEER CLEAR of interacting with unknown tokens and DEXesâyour wallet could be compromised.
5) DO NOT mint NFTs on unfamiliar platformsâthey might compromise your wallet.
6) IGNORE rumors about listings on Binance or other exchanges unless the information comes from trustworthy sourcesâbanners, posts, and tweets can easily be faked.
7) DO NOT click on links from unknown sourcesâthey could be viruses or phishing attempts.
8) AVOID participating in IDOs/ICOs from unknown teamsâyour money might simply disappear.
9) STAY AWAY from PUMPs organized by channelsâyou could end up as exit liquidity for the organizers.
10) NEVER enter your seed phrase from MetaMask (or any wallet) when interacting with any platformâthis gives them access to your wallet.
11) ALWAYS DOUBLE-CHECK before taking any action. The crypto world is like the wild westâbe cautious!