Top 5 Safety Tips to take note of when Investing in NFTs
Do not haplessly click
Never open attachments or links from sources you don’t recognize
Likewise when looking for assistance with problems on an NFT platform
If you need assistance, always go to the official NFT trading site customer care rather than someone who approached you through another medium, such as social media
2. On NFT Projects, DYOR
Before investing in NFTs, carefully review the project’s website, roadmap, social media accounts, and creators’ biographies to determine the long-term value of your investment
3. Verify the contact information
The address should specify where the NFT was minted
If you’re not sure, check the creator’s website to make sure the information is genuine
4. Use your wallet credentials wisely
Don’t share your seed with anyone, retain a photo of it on your phone, or save it in a secure place
To further improve the security of your accounts, use strong passwords and enable two-factor authentication (2FA)
5. Use reputable browser extensions and wallet applications
There are many harmful programs that pose as legitimate ones
To avoid being phished, download your wallet application or browser extension from the trusted, official website
REFERENCE
DISCLOSURE:
None of these articles constitutes financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard-earned money into any product mentioned.
Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.
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