Risks and Safety Tips
Stay safe in the crypto world by following these essential security practices
Never Share Your Seed Phrase
Your 12-word recovery phrase gives complete access to your wallet. Never share it with anyone, not even support staff.
Verify Website URLs
Always double-check website addresses. Scammers create fake sites that look identical to legitimate ones.
Be Cautious of Airdrops
Unknown tokens in your wallet could be scams. Research before interacting with any unexpected assets.
Review Transactions
Always verify transaction details before approving. Check addresses and amounts carefully.
Back Up Your Wallet
Store your seed phrase in multiple secure locations. Consider using a hardware wallet for large amounts.
Test Your Security Knowledge
Scenario 1: Phishing Email
You receive an email claiming to be from Phantom Wallet support, saying your wallet needs to be verified. It includes a link to a website that looks exactly like the Phantom website.
Wrong Action
Click the link and enter your seed phrase to verify your wallet.
Correct Action
Delete the email immediately. Phantom will never email you asking for verification or your seed phrase.
Remember
The blockchain is immutable, meaning transactions cannot be reversed. There is no "customer support" that can recover lost funds or reset your password. You are in complete control of your assets, which means you are also responsible for their security.