Brief rules of user safety when managing wallets

We all know that cryptocurrency is a new trend for many users, which requires special attention and concentration when working with dApps, DEX, wallets, CEX, and even when communicating in chat communities of various cryptoprojects.

DEX and DeFi have an advantage in their anonymity and storage, because cryptocurrency assets belong to you personally, but at the same time they create a reason for manipulation by fraudsters, directing their attention to gullible community members.

In this regard, we would like to point out the most important and short rules of user safety for the participants of our community.

Be sure to follow them on the Internet, as well as when working with wallets and communicating in chats.

Rule #1. Wallets

• Download wallets only from official sites.

Links to the sites of the most common wallets: MetaMask, Trust Wallet, and MDAO Wallet.

• Download the wallet app or wallet extension only to your personal device to prevent third parties from gaining access to the wallet.

• When creating your wallet, write down, double-check, and securely store the secret phrase. Without your secret phrase, you can't access your wallet. Keep the secret phrase out of reach of third parties, do not store it on devices, in notes, or other places stored in your device's memory.

• Create separate wallets for different uses.

Rule #2. Transactions

• Before confirming a transaction in the wallet, check if the recipient's address is entered correctly.

• Don't use auto-translators built into your browser's functionality - they can spoof character sets in addresses when sending cryptocurrency.

• Confirm only transactions that you personally made and only with assets you know.

• Do not try to exchange cryptocurrency that was sent to you from unknown sources, it may be fraudulent and when interacting with a smart contract you may accidentally give permission to use all wallet assets, which will lead to their loss.

• Change your wallet if you suspect that your current wallet has been compromised.

• End active wallet sessions after working with dApps, connected sites through WalletConnect settings, or through the wallet interface.

• Revoke the permissions granted to smart contracts from time to time. We have previously discussed how to do this via BSC Scan, you can learn more about this in the previous section.

Rule #3. Networks

• Do not connect your device to public Wi-Fi networks.

• Turn off automatic activation of access point settings on your device to prevent unauthorized devices from connecting to Wi-Fi on your device.

Rule #4. Messengers

• Protect your social media and messengers from spam messages and additions to unknown groups and channels by selecting the necessary options in the security and privacy section.

• Set two-factor authentication (2FA) in messengers, especially in Telegram, to protect your account.

• Change SIM card PIN codes when you buy them from the standard ones to the ones you personally set in the SIM settings on your device.

Rule #5. Direct Messages

• The team, chat administrators, chat moderators and support never write direct (personal) messages. All questions are resolved exclusively in the thematic chats or through support.

• Do not continue a conversation if someone from the MarsDAO team has sent you a direct message. Pay attention to the manner of communication, slang and other indications that the interlocutor intends to take over your assets.

Rule #6. Phishing links

• Never follow links that are sent to you in direct messages by people you don't know. These links can lead to phishing sites, or to sites that can compromise your personal information, your wallet data, including secret secret phrases from wallets.

• Don't disclose personal information in chats, don't share passwords, access codes, secret phrases, or other security information.

Rule #7. User Guides

• Use guides posted only on official websites or official social media pages.

• All instructions are accompanied by additional descriptions in the thematic channels, so you can always find a link to the necessary user guide by using keywords.

Rule #8. Websites

• Make sure before visiting any sites that you are on the original page, check the website address in the address bar and compare it to the information about the project. Links to official sources of cryptocurrency projects can be checked on aggregator sites, such as CoinMarketCap and CoinGecko.

Links to all MarsDAO official information sources