Wallets & Security | Signing doesn’t cost gas, so how can you still lose tokens?
Phishing sites often set the approval amount to the maximum and the expiration date far in the future. Signing it is like handing over control of those tokens.
An offline signature leaves no on-chain record until it’s submitted to the blockchain, so approval-checking tools can’t see it either.
Current price: $ETH reports 2237.53, 24h -0.23%.
Revoke approvals you no longer need promptly, and avoid keeping long-term approvals in your wallet.
#ETH
Phishing sites often set the approval amount to the maximum and the expiration date far in the future. Signing it is like handing over control of those tokens.
An offline signature leaves no on-chain record until it’s submitted to the blockchain, so approval-checking tools can’t see it either.
Current price: $ETH reports 2237.53, 24h -0.23%.
Revoke approvals you no longer need promptly, and avoid keeping long-term approvals in your wallet.
#ETH
