As NFTs gain increasing exposure and value, this has unfortunately drawn the attention of no-gooders that would like to get their hands on your assets — by any means possible.
Fortunately, digital assets are incredibly secure at the blockchain level. This means it’s highly unlikely that anybody will lose their assets due to a blockchain-level hack or attack.
Instead, the vast majority of NFT thefts and losses occur due to asset holders falling victim to one of a growing number of scam attempts or failing to adequately secure their assets.
If you’re a fan of digital collectibles or have exposure to NFTs, it’s important to take the time to understand how to properly protect this rapidly emerging asset class.
Here’s what you need to know.
1:14 Use a Hardware Wallet
3:32 Use a Different Marketplace
4:41 Defend against viruses
4:41 Avoid scammers
5:31 Avoid copycat websites
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