Spotting scams · Lesson 5 of 5
Play on Arcade ↗
Wallet safety basics
Summary
Keep the recovery phrase offline and never type it into a website. Use a separate wallet for trying new apps, with little in it. Review wallet approvals from time to time and remove the ones you no longer use, since an old approval can still let a contract move your tokens. Most losses come from one rushed click, so slow down before signing anything.
Key points
- The recovery phrase stays offline, always.
- Use a separate small wallet for new apps.
- Remove old wallet approvals you no longer need.
Check yourself
Why remove old wallet approvals?
Right!
Practice
Scam Hunter
Train the same skill with one round on Tradexus Arcade — about two minutes, same account.