Vigilance, awareness, and sound security procedures are all necessary for scammer protection.
Here are some of the finest defences against con artists
Learn for Yourself Your strongest line of defence is knowledge. Keep up with typical fraud schemes and techniques. The more information you have, the easier it will be to spot and prevent such frauds.
Check identities Never give personal or financial information to anybody without first confirming their identity. Request formal credentials and check with the organisation by contacting them through their website or other contact details.
Protecting your wallet is very essential because little errors can lead to loss of funds. Firstly we should avoid centralized wallets or platforms because this can easily lead to loss of funds. Use open-sourced decentralized wallets and your seed phrase and password are sensitive, it should be handled secretly and carefully. We should also learn not to click on unusual links, every piece of information should be verified. Let's always watch out for phishing scams through social media and emails. It is also important to avoid greed because scammers promise tempting rewards that are difficult to refuse. Don't invest in a project that promises huge profit, this is a sign of a scam project.