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"As we all know, the NFT market has been extremely hot this year, with even ordinary images selling for astronomical prices. With the continuous rise in market value, NFTs have become a prime target for hackers. So whether you're a collector or a creator, you must be more cautious to prevent hackers from taking advantage. Many experts believe that the rapid expansion of NFTs can aid in cybercrime. From the Moonbirds series to the Bored Ape Yacht Club (BAYC) series, NFT scams have been on the rise more frequently than people realize. While there have been some notable cases of NFT fraud, any fraud or scheme can leave collectors feeling uneasy. As an NFT investor and collector, it's essential to be aware that cybercriminals don't hesitate.
When it comes to best practices for NFT security, the first and most crucial aspect is passwords. Creating strong passwords is one of the best ways to protect yourself from attacks. To enhance your security, start by using uppercase letters, special characters, and numbers to set a unique password. Second, avoid clicking on suspicious links or attachments. Refrain from clicking on seemingly suspicious links or attachments, as it's one of the safety measures for NFT collectors. NFT collectors should go with the flow and avoid clicking on dubious links or attachments. Third, enable two-factor authentication for added protection. NFT collectors should set up and use two-factor authentication to secure their accounts further, making it more challenging for hackers to steal your digital assets.
Of course, you also need to know the seller inside out before making a purchase. For experienced NFT collectors, verifying and confirming the NFT seller is crucial. Since the NFT market has become so saturated, there aren't enough security measures in place to guarantee your safety. The last thing you should do is blindly purchase NFTs from shady sellers. Instead, research the seller's history, market status, and reputation before making a purchase. Finally, price comparison is also essential. Like Liu Niu, who has the habit of comparing prices before making any purchase, price comes second to reviews. The same goes for NFTs. Some NFT trading platforms (AxieMarketplace, OpenSea, and Mintable) should cross-reference current NFT pricing.
If the proposed price significantly differs from the prices published on these trading platforms, it could be a scam." |
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