How I Stay Safe in the Web3 World: Recognizing Warning Signs & Protecting Crypto Assets
๐จ Warning signs I watch out for:
- Fake websites that resemble official URLs
- Projects with anonymous teams & unclear track records
- Smart contracts that have not been audited
๐ How I verify projects:
- Use on-chain tools like Etherscan to check token activity
- Join project communities to see if they are active and transparent
- Check GitHub or the project's whitepaper to see real development
๐ต๏ธโโ๏ธ Common scam tactics I encounter:
- Airdrops that ask for private keys
- Phishing DMs on Discord/Telegram
- Fake "support" accounts claiming to be from exchanges
Airdrops I avoid:
There are airdrops promising 500 USDT, but asking me to connect my wallet and sign suspicious messages โ clearly a scam.
Always DYOR. Stay vigilant and protect your crypto!