Free tokens sent your way—why should you still avoid them?
One thing to know: merely receiving tokens from an unknown source won’t get your wallet stolen. The risk lies in interacting with those tokens afterward.
The estimated value shown in your wallet is usually based on quotes from on-chain liquidity pools. Scammers can easily manipulate the quoted price of fraudulent tokens, so don’t take the displayed figure at face value.
Remember this, and you’ll be better off than memorizing a bunch of jargon. Revoke smart contract approvals you no longer need, and don’t leave unlimited approvals enabled on your account.
Back to the market: $ETH is quoted at 2243, 24h -0.0004%.
#ETH
One thing to know: merely receiving tokens from an unknown source won’t get your wallet stolen. The risk lies in interacting with those tokens afterward.
The estimated value shown in your wallet is usually based on quotes from on-chain liquidity pools. Scammers can easily manipulate the quoted price of fraudulent tokens, so don’t take the displayed figure at face value.
Remember this, and you’ll be better off than memorizing a bunch of jargon. Revoke smart contract approvals you no longer need, and don’t leave unlimited approvals enabled on your account.
Back to the market: $ETH is quoted at 2243, 24h -0.0004%.
#ETH