Staying safe on Web3
NFT technology is still new - and with anything new, there will always be those that try to take advantage of people’s inexperience.
What NFT technology unlocks is fun and exciting! We’re not trying to scare you off. But it’s important to learn what’s legit and what’s not in this new space.
- Never share your Phantom wallet’s 12-word secret phrase. Any entity asking you for this phrase will use it to access your wallet’s funds. Your wallet’s address is safe to share.
- Beware of anything that is ‘free.’ Pay special attention to any raffles that promise NFTs
- Only buy cryptocurrencies on reputable exchanges, such as Coinbase and Binance.
- Be conservative with your initial investments - always go step by step.