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7 Steps to Protect your Money and NFTs

REV3AL.io. Learn some steps to protect your NFTs and investments.<br><br>Be Authentic.<br>The World Loves an Original.<br>Join Now: REV3AL.io.

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7 Steps to Protect your Money and NFTs

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  1. The demand for NFTs has prompted creators to explore selling their collectibles in digital marketplaces. The decentralized nature of blockchain technology where NFTs are stored means transactions face less scrutiny. https://www.rev3al.io/ https://www.rev3al.io/ https://www.rev3al.io/ STEP 1 - WATCH OUT FOR WASH TRADING Wash trading occurs when people hike the price of their NFTs, list them for sale, and then set up a “fake” account to buy the NFTs by themselves. STEP 2 - DO YOUR RESEARCH Look out for blue check marks on OpenSea to verify the collections are official. You can also verify NFT smart contracts to view transaction history and confirm creator and owner information. STEP 3 - AVOID PUMP AND DUMP Every investor wants a piece of the NFT pie, but be careful not to pump large sums of money into projects that won’t yield returns. Research, learn the NFT space and make reasonable investments. STEP 4 - USE A NON-CUSTODIAL CRYPTO WALLET STEP 5 - GET A COLD STORAGE DEVICE Cold storage (an offline or external drive) is the most secure way to store your NFTs. By keeping your digital assets on these devices, scammers cannot access them without access to your physical cold storage device and passcode. NFT Every time you want to do business on the blockchain, you have to connect and decrypt your cold wallet. However, these extra steps are nothing compared to the security they provide. STEP 6 - TRUST YOUR INSTINCTS The crypto world is full of scammers, and even the most security-conscious can be victims. Stay vigilant, keep up-to-date on current scams, and trust your instincts if something doesn’t look or feel right. If you decide to join the NFT rush, follow the steps above and only take calculated risks to protect your money and your NFTs. STEP 7 - AUTHENTICATE YOUR NFTS WITH REV3AL Technology-Based on Decades of Anti-Counterfeiting & Brand Protection Experience rev3al.io facebook.com/Rev3alTechnology twitter.com/rev3altech t.me/rev3altech

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