Quick comparison. When you go to an ATM to withdraw cash or use your traditional bank card, maybe at the store or at the gas pump, you may have heard of something called, the SKIMMING device. This is a device that criminals attach to the card slot. When you swipe or insert your bank card, the criminal will use the skimmer to steal your information and funds.
Now, let’s talk about how this happens in Crypto. It’s called a Phishing attack. Phishing, P H I S H I N G, is similar to skimming, S K I M M I N G. The difference is skimming happens with your bank card and phishing happens with a web link. The criminal or hacker will send you a link to claim a reward, like airdrop or free cryptocurrency. Think of this web link the same way you think of a skimming device at the ATM.
Next, the hacker will ask you to connect your crypto wallet in order to receive the reward. Connecting your wallet to a phishing link is the same as inserting your bank card into the skimmer at the ATM.
As soon as you connect your crypto wallet, you simply just gave the hacker access to steal funds from your wallet. Safeguard your cryptocurrency wallet in the same way you will safeguard your traditional bank card.
Be diligent and always Do Your Own Research. A few minutes of research or verification can save you a lifetime of pain and anguish. Visit https://SafeBlastCrypto.com for more tips.
