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Non-volatile tokens (NFTs), despite their popularity, continue to be used. NFTs are digital assets that people buy and sell online with blockchain technology. As with other popular items, fraudsters and thieves are beginning to find ways to exploit this system. This is why it is important to know how to protect yourself from online threats, choose a safe wallet and market and have additional security measures.
Choosing a safe marketplace and wallet
Choose only safe NFT markets. Yes, data breaches can happen to large NFT markets (OpenSea lost 254 tokens in the data breach) however, you can be fooled if a small one does not attract cyber criminals. Small businesses are less likely to invest in security measures and may lose money in a single cyber attack.
This is true for your crypto wallet. Do your research, make sure you choose wisely, and make sure you get an account with strong encryption and 2FA.
Using a VPN when trading NFTs
All NFT trading is conducted online. A VPN is the best way to protect your data while surfing the web. It encrypts your internet connection by creating a secure tunnel that your data can pass through. This means that no one will know the websites you visit, or the information you send and receive. You will also receive a new IP address when you connect to a remote VPN server. This allows you to hide your identity and IP. All of this means that it is very difficult for cybercriminals to identify their victims.
VPNs can include additional security features such as a kill switch that can immediately stop your internet connection if it becomes insecure. This will ensure that your personal information is secure and not exposed. There are VPN providers that offer specific VPN servers for added security. Double VPN servers are available that double-encrypt your connection, making it harder for third parties to track you.
Using a password manager when trading NFTs
When dealing with financial transactions secure online passwords are important. Your password is the only thing that can prevent hackers from stealing your money. You must use strong passwords, complex passwords and a proper way to store them. After all, you can’t be expected to remember long strings of letters and numbers — and using regular words for passwords is out of the question.
Premium password managers will give you extra security. You can create complex passwords for all your accounts and keep them behind an encrypted firewall. It also allows you to share them securely. Additionally, some password management systems will automatically notify you when any service you use is compromised and you should take immediate action to protect your account.
Using an antivirus when trading NFTs
Having additional security software to protect you from malware and fake websites is a good idea even if you are not into NFT trading.
Cybercriminals are very creative and a targeted phishing attack can be all it takes to land you on a copycat website that looks like the one you usually use. But in reality, it is a scam designed to steal money or trick users into providing login credentials.
Most VPN providers offer protection against malware through their VPN services. This means that you do not need to download additional software or register to pay.
Choosing a VPN provider
NordVPN is recommended for extra protection online, regardless of whether you trade NFTs. NordVPN is a great VPN provider that offers all the extras you need.
Choosing a password manager
When you are looking for password managers when it comes to password managers, the Nord family also offers a product: NordPass. It’s a great password manager that comes with all the features you need to keep your passwords secure.
Take care of your online security
Many different dangers lurk online. While you can avoid most of them by using common sense and being careful, it’s a good idea to have some tools to protect your information in the event of a scam. Cyber criminals are always looking for new ways to scam you and take your money. So it is important to keep one step ahead of them. NordVPN and NordPass are the perfect combination to do that.
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