⭐ Merited by fillippone (1)
Check this out.
This is a screenshot of a token that I am holding presently and today I read about their v2 upgrade which is a must for every holders.
If i am a beginner I can easily connect my hardware wallet instead because the link is strictly from the project's official website.
I believe this is not a safe practice so I prefer to spend more on ETH gas fee, move the tokens out of my hardware wallet into a spare wallet connect the spare wallet to the website swap to the new V2 token, and move the new token back into my hardware wallet.
It's called safety practice, yeah I spend gas fees three times, $7 for moving the old token to another wallet address roughly $10 for the swap, and another $7 to send back into the hardware wallet.
It's a $24 thats well spent because my hardware wallet consists of many assets that are way higher than $24 in total value.
Nothing must confuse you to connect your main wallet to any platform even if it's the real platform for token swap, because you might think it's safe and these people have their ways with your hardware wallet later on.
I could have made this mistake today if I am new, but due to my past mistakes I tend to avoid such things again, you may just never know, do not trust any platform, project team or friends by connecting your wallet to any link provided, if its a must then consider a spare wallet.
Stay safe famz.
This is a screenshot of a token that I am holding presently and today I read about their v2 upgrade which is a must for every holders.
If i am a beginner I can easily connect my hardware wallet instead because the link is strictly from the project's official website.
I believe this is not a safe practice so I prefer to spend more on ETH gas fee, move the tokens out of my hardware wallet into a spare wallet connect the spare wallet to the website swap to the new V2 token, and move the new token back into my hardware wallet.
It's called safety practice, yeah I spend gas fees three times, $7 for moving the old token to another wallet address roughly $10 for the swap, and another $7 to send back into the hardware wallet.
It's a $24 thats well spent because my hardware wallet consists of many assets that are way higher than $24 in total value.
Nothing must confuse you to connect your main wallet to any platform even if it's the real platform for token swap, because you might think it's safe and these people have their ways with your hardware wallet later on.
I could have made this mistake today if I am new, but due to my past mistakes I tend to avoid such things again, you may just never know, do not trust any platform, project team or friends by connecting your wallet to any link provided, if its a must then consider a spare wallet.
Stay safe famz.