10 TIPS to avoid being SCAMMED in WEB3

This goes without saying no matter what you do online. Scammers often set up websites or send emails impersonating legitimate parties to trick users into revealing sensitive information like passwords and other data that can help with authentication. In the case of NFTs, scammers often impersonate marketplaces or exchanges, or even artists doing token giveaways. They lure the user into entering their private key or seed phrase. Just like that, they have given the scammer full access over their assets.

Always be diligent in observing for:

Copies of actual websites: There are countless “MetaMask” ripoffs, and they’re not just floating around in Twitter DMs. They are sometimes the top hit from Google Ads when you search. In these cases, one way to protect yourself is to become an eagle-eyed spellchecker. You’ll find variations on a website that look like “The MetaMask” or “MettaMask” or “MataMask.” Sometimes the ending of the URL will be different, perhaps with a .xyz, .co, or some other seemingly acceptable variation. Variations are never acceptable.

FOMO URLs: Cool new projects that seem too good to be true are engineered to induce FOMO and cause an irrational purchase. Hackers gain access to their wallets as soon as a user signs in to one of these fake projects to make a purchase. Game over.

Email and DM phishing: This classic scam involves what looks like an email from a website you regularly interact with embedded with a malicious link that will lure you into a transaction. The link may even contain malware that will crawl your computer for seed phrases. Terrifying, right? Get out the pen and paper and keep your seed phrase irl.