Navigating Safely in dApp - Avoid Deceptive Practices, Secure Your Assets

Spotting Malicious dApps: Know the Signs of Fraud

Malicious dApps are cleverly designed to deceive users and drain wallets. Here are some common tactics they use:

• Fake "Mining Pools" or Unreal Earnings Data: Scammers simulate profitable mining pools to lure users. These fake websites reflect unreal gains and prevent withdrawals.
• Wallet Unlock Requests: Fraudsters may impersonate customer support to convince you to unlock your wallet.
• Irretrievable Losses: Funds transferred to a malicious dApp cannot be recovered due to blockchain's immutable nature.

Tip: Never trust dApps promising easy money or high returns without verification. Always double-check the legitimacy of a platform before connecting your wallet.

Identifying Fake DeFi Schemes and AI Trading Scams

Fake DeFi portals and trading schemes are another common trap. Here’s how to spot them:

• Unrealistic Promises: Scammers may promote exaggerated returns via advanced AI trading algorithms.
• Approval Requests: Many of these platforms ask for token approvals, giving them access to your funds.
• Actionable Advice: Discontinue interaction with a suspected scam site immediately.

Be Alert: Scammers often create elaborate DeFi interfaces and promises to lure users. Trust only verified platforms.

How to Handle Wallet Drainers and Protect Your Crypto

Wallet drainers are another tool scammers use, often targeting NFTs and tokens. Here’s how to protect yourself:

• Fake NFT Airdrops and Mint Links: Avoid signing approvals for random mint links shared on social media.
• Unreadable Signatures: Never sign blockchain transactions you don’t fully understand.
• Revoke Approvals: Use tools like revoke.cash to cancel suspicious token or NFT approvals.

Stay Safe: Be wary of random tags, direct messages, or links related to NFTs or crypto transactions.

What to Do If You Interact With a Malicious dApp

If you suspect you’ve interacted with a malicious dApp, take these steps immediately:

1. Revoke Token or NFT Approvals:
   Use platforms like revoke.cash to cancel permissions granted to the scammer. Ensure you select the correct blockchain network.

2. Invalidate Fake Listings:
   If malicious NFTs appear in your wallet, increment the counter/nonce on platforms like OpenSea using their Seaport contract.

Act Fast: Prompt action can reduce the potential impact of malicious dApps on your wallet.

Stay Updated for Maximum Security

To keep your wallet secure, always use the latest version of Trust Wallet: trustwallet.com/download.

With vigilance and awareness, you can safely explore the exciting world of dApps without compromising your digital assets. Stay informed, and stay secure!
For additional help, contact our support team at support.trustwallet.com.