Unfamiliar tokens have mysteriously appeared in your wallet. Should you do anything? Don’t panic—here’s the TL;DR:
Follow the instructions in the token name to visit the website and connect your wallet. The authorization it asks you to sign is often aimed at other assets in your wallet.
The valuation shown in your wallet is generally estimated based on prices quoted by on-chain liquidity pools. Scam tokens’ prices can easily be artificially inflated, so don’t take the displayed figures at face value.
Understanding this won’t make me an expert overnight, but it can help me avoid a few rookie mistakes.
$ETH 2391.46（-1.56%）
Follow the instructions in the token name to visit the website and connect your wallet. The authorization it asks you to sign is often aimed at other assets in your wallet.
The valuation shown in your wallet is generally estimated based on prices quoted by on-chain liquidity pools. Scam tokens’ prices can easily be artificially inflated, so don’t take the displayed figures at face value.
Understanding this won’t make me an expert overnight, but it can help me avoid a few rookie mistakes.
$ETH 2391.46（-1.56%）