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Non-fungible tokens (NFTs), despite their notoriety, are still widely popular. NFTs are digital pieces of art that people buy and sell online using blockchain technology. So naturally, as it often is with popular things, scammers and thieves started looking for ways to abuse the system. That’s why it is important to know how to protect yourself from online threats, choose a safe wallet and marketplace, and find additional security measures.
Only choose known and reputable NFT marketplaces. Yes, major NFT marketplaces suffer from data breaches from time to time (OpenSea lost 254 tokens in a data breach), and you might think that a lesser one will not attract cybercriminals. But small marketplaces are even less likely to invest in serious security measures, and it only takes one cyberattack to lose your money.
The same goes for your crypto wallet. Do your research, choose carefully, and make sure to get one that offers extra security features, like strong encryption and 2FA.
All NFT trading happens online. And a VPN is the best way to secure your data when browsing the internet. It encrypts your connection by creating a secure tunnel for your data to travel through. This way, no one can see the websites you visit or the information you send out and receive. When you connect to a remote VPN server, it also gives you a brand new IP address in your chosen location, so your real IP and identity stay hidden. All of this means that it’s extremely difficult for cybercriminals to identify or track their potential victims.
Some VPNs offer additional security features, like a kill switch, which will terminate your internet
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