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Little warning on Opensea

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by COINS NEWS 157 Views

I know a lot of you are starting to get into NFTs now thanks to Reddit and honestly, cool, good for you. I hope you are all at least having a good time.

With that said, please be very aware that scams exist in plain sight on Opensea and it’s truly far easier than you might imagine to do everything right, and still get scammed.

I don’t know who needs to hear this but given the attention I’m seeing on here, more than likely a few of you at the least.

So, with that said, of the biggest ways you can get your wallet cleaned out is the fake nft airdrop scam.

With that particular scam, you’re airdropped a “cool NFT” and you go to the collection page and see it seems legit, has volume, a website, a team even, and low and behold the floor is worth an ETH or even more.

Jackpot you think, so you list your shiny new nft for sale and before you know it your wallet is drained and you have no idea how.

Fake NFTs are rampant. One wallet of mine has over a hundred fake scams in it alone. Others I know have more.

So to stay safe, only interact with what you know and trust.

Don’t take unnecessary risks and most importantly, transfer your NFTs off into a cold wallet and only keep what you don’t mind losing on your hot wallet. That’s your best bet at least.

Don’t trade on your cold wallet

Anyways. There are more but that’s a good start at least and will protect most of you.

Hope this helped someone.

submitted by /u/reasonandmadness
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