How can I protect my assets when using DeFi platforms? - Bookmark Official Website: Always bookmark the official website of the DeFi platform you are using. Avoid clicking on links from unknown sources to protect against phishing attempts.
- Have Different Wallet Addresses for Different Activities: Using separate wallet addresses can help isolate potential risks and minimize the impact of any security breaches.
- Set Approval Limits: Only approve token spending limits for the specific amount required. Avoid unlimited approvals to prevent unauthorized access to your funds.
- Never Share Private Keys: Never give out your private keys, recovery phrases, or sensitive information. Legitimate platforms will never ask for these.
- Double-Check Addresses: Always verify the accuracy of the receiving address before initiating transactions to avoid sending funds to incorrect destinations.
- Avoid Clicking Suspicious Links: Refrain from clicking on links in unsolicited emails, messages, or social media to avoid phishing attempts.
- Educate Yourself About Scams: Stay informed about common DeFi scams and tactics used by attackers to recognize and avoid potential threats.
- Participate in Audited Projects: Prioritize DeFi projects that have undergone code audits by reputable third-party firms to reduce smart contract vulnerabilities.
- Be Cautious with Private Messages: Be wary of private messages from unknown individuals offering assistance or investment opportunities. Always verify the identity of the person before engaging in any conversation.
- Bookmark Official Website: Always bookmark the official website of the DeFi platform you are using. Avoid clicking on links from unknown sources to protect against phishing attempts.
- Have Different Wallet Addresses for Different Activities: Using separate wallet addresses can help isolate potential risks and minimize the impact of any security breaches.
- Set Approval Limits: Only approve token spending limits for the specific amount required. Avoid unlimited approvals to prevent unauthorized access to your funds.
- Never Share Private Keys: Never give out your private keys, recovery phrases, or sensitive information. Legitimate platforms will never ask for these.
- Double-Check Addresses: Always verify the accuracy of the receiving address before initiating transactions to avoid sending funds to incorrect destinations.
- Avoid Clicking Suspicious Links: Refrain from clicking on links in unsolicited emails, messages, or social media to avoid phishing attempts.
- Educate Yourself About Scams: Stay informed about common DeFi scams and tactics used by attackers to recognize and avoid potential threats.
- Participate in Audited Projects: Prioritize DeFi projects that have undergone code audits by reputable third-party firms to reduce smart contract vulnerabilities.
- Be Cautious with Private Messages: Be wary of private messages from unknown individuals offering assistance or investment opportunities. Always verify the identity of the person before engaging in any conversation.