Everyone, this is something you really need to understand: token approvals!
Before selling ERC-20 tokens on a decentralized exchange, you generally need to submit an approval transaction, allowing the contract to transfer those tokens from your wallet.
Many phishing scams don’t need your seed phrase at all—they can drain your assets just by tricking you into signing something.
Current price: $ETH is quoted at 2423.97, 24h -0.15%.
Save this and take a closer look later 👇
#ETH
This is not financial advice. Trade at your own risk.
Before selling ERC-20 tokens on a decentralized exchange, you generally need to submit an approval transaction, allowing the contract to transfer those tokens from your wallet.
Many phishing scams don’t need your seed phrase at all—they can drain your assets just by tricking you into signing something.
Current price: $ETH is quoted at 2423.97, 24h -0.15%.
Save this and take a closer look later 👇
#ETH
This is not financial advice. Trade at your own risk.