# 6 Tips to Keep Your Crypto Assets Safe

**Published by:** [PlaNFT](https://paragraph.com/@planft-3/)
**Published on:** 2022-11-29
**URL:** https://paragraph.com/@planft-3/6-tips-to-keep-your-crypto-assets-safe

## Content

There has been a boom in the quiet NFT market due to the popularity of Reddit avatar NFTs. Among the 52 million daily active users on Reddit, the collection avatars released by the forum have been widely discussed among members of the NFT community and the non-cryptocurrency fields. Within 24 hours, these NFTs were snapped up. It is the highest transaction price of the Reddit Collectible Avatars series to date. So far, The Hands # 1 NFT has been sold out with 30ETH. However, taking such a huge number of users and daily active users of Reddit into account, the number of NFTs released is far from enough. There are less than 100,000 unique Reddit NFT holders, and even if all 3 million Reddit cryptocurrency wallets bought Reddit avatar NFTs, that number would still be less than 6% of the daily user. Consequently, Reddit will release more collection avatar NFTs for the community and users in the future, causing another round of “NFT fever”. However, it needs to be acknowledged that there are countless hacking attacks and insurmountable scams in the cryptocurrency world, and the barrel effect in security can make defense far more difficult than attack. Even so, it is important to protect your crypto assets as much as possible. For Web3 newcomers, here are 6 tips about keeping your crypto assets secure.1. Being rational, have no FOMOBlockchain knowledge is essential for newcomers to the Web3 world, as well as not falling victim to market FOMO (fear of missing out) sentiment or believing in the hype of Alpha Callers. Despite the URL links and opinions posted by celebrities in the circle, we should doubt whether these are their own opinions, as their accounts may have been hacked. Additionally, we should pay attention to the authenticity of celebrity accounts. In March 2022, a Twitter swindler posed as Elon Musk and swindled a German man out of 10 bitcoins, worth about $560,000 at the time. Keep rational and clear-headed to be invincible.2. Always do your own researchIt is not enough to just be rational. We must have our own independent judgment on every project, not believe the one side of the story told by so-called experts and scholars. Always do your own research (DYOR). If possible, it is responsible to analyze the project on our own, or at the very least to Google the project or its founders, estimating what they share on social media and what their official accounts say. Do some research and learn as much as you can. When it comes to Web3, independent thinking and judgment are always your most powerful weapons.3. Don't trust DM from strangersIt is not uncommon to receive direct messages or private emails from strangers telling you that you are a lucky person to win a prize and need to register for a whitelist or token reward, or sending you a wallet seed phrase as a rookie to seek your assistance in withdrawing cash. When strangers DM you, we can simply follow the "zero trust" principle of Google. This "never trust, always verify" concept, will greatly reduce the probability of being deceived, and we can assume that all links provided through DM are frauds - do not reply, and do not believe their rhetoric.4. Keep in mind that nothing comes from heavenIf someone is willing to sell you cryptocurrency or NFT at a low price, or to swap them for NFT, you must be vigilant and remember that nothing comes from heaven without purpose. It is important to understand the regulations and specifications of the trading platform in detail and always be on the alter. When possible, trade on a well-known and public exchange. Do not click on links sent by others to download unknown plugins.5. Never send crypto assets to unverified addressAll hacker attacks revolve around signature management and private key security, and never send crypto assets to an unverified address for whatever purpose. It is important to see clearly the operation content and authorization when the website interacts with the wallet. Any authorizations that have been mismanaged must be immediately revoked. Creating multiple wallet addresses is also a good way for users to isolate assets securely. Avatar Wallet, developed by PlaNFT, is a crypto wallet that uses a Google account to log in without any private key. After login, Avatar Wallet will generate a wallet address without the downloads of any web extensions or add-ons. It supports the purchase of cryptocurrencies with credit cards. No repeated authorizations bother you at every step of action. Users' crypto assets are all managed with smart contracts, so wallet service providers do not have access to user assets, with great usability and security.6. Always connect to a secure networkIn the first place, do not log in to a public WiFi connection to access your online wallet or exchange account. Secondly, it is extremely important to be vigilant about phishing websites. The links you find on Google may not be real. Furthermore, they might be fake websites that may imitate a transaction to steal your login data, so you have to make sure what you are logging in to is not a fraud. Thirdly, if possible, implement Two Factor Authentication (2FA) to protect your account - use 2FA software or hardware instead of SMS. Fourth, double-check the crypto address before the transaction. Your trading address may be edited and tampered with by malicious programs. As time goes by, crypto technology is constantly updated, accompanied by the update of crypto scams. As an increasing number of investors and institutions enter the market, fraudsters also watch them secretly and closely. Crypto security issues abound in the crypto world, but the tips above may save you as much trouble as possible to keep your crypto assets secure. Avatar Wallet might be the right option for you. We looking forward to your valuable comments and suggestions. Feel free to join our Discord and Telegram communities.

## Publication Information

- [PlaNFT](https://paragraph.com/@planft-3/): Publication homepage
- [All Posts](https://paragraph.com/@planft-3/): More posts from this publication
- [RSS Feed](https://api.paragraph.com/blogs/rss/@planft-3): Subscribe to updates