NFT Security Basics

NFT Security 101

How to safely collect, trade, and store NFTs#

NFTs are digital collectibles, art, and memberships—but they also come with risks like scams, phishing, and theft. Follow these steps to enjoy NFTs safely.

1. Use a separate wallet for NFTs#

• Keep your main holdings in a safe wallet (e.g. hardware wallet).
• Use a “hot wallet” (e.g. MetaMask) for day-to-day NFT minting, trading, and exploring.
• Consider using multiple wallets for different purposes (buying, minting, storing).

2. Always verify NFT drops & links#

• Only mint from verified official links (preferably from the project’s Twitter, Discord, or website).
• Avoid clicking random DM links or “airdrops.”
• Be cautious during hyped drops—these are prime scam moments.

3. Manage approvals carefully#

• NFTs often require you to approve contracts for buying/selling.
• Review and revoke unnecessary approvals at Revoke.cash.
• Avoid signing suspicious messages—never sign a transaction you don’t fully understand.

4. Protect your NFTs from theft#

• Use hardware wallets for valuable NFTs.
• For expensive NFTs, consider using services like Gnosis Safe or delegate wallets to separate ownership from activity.

5. Stay updated & informed#

• Follow security channels (e.g. Wallet Guard, RugDoc).
• Stay skeptical of “free mints” and giveaways.
• Use tools like NFTBank or DappRadar to track collections.

Quick checklist for NFT safety:#

✔ Use a separate wallet for NFTs ✔ Verify links & projects ✔ Revoke approvals after use ✔ Store valuable NFTs in cold storage ✔ Stay alert for scams & phishing