Protecting your assets requires both awareness and discipline. Here are a few essential rules for private investors described by Hong Fang, President of OKX (to keep in mind).
Our company - OKX - is a technology company building a decentralized future that makes the world more tradable, transparent and connected. We're known for being one of the fastest and most reliable crypto apps in the world, and have processed trillions of dollars in transactions. This underlines that OKX's ideas can be trusted.
Guard Your Keys. Never share your private keys or seed phrases. If someone asks for them, it's a scam, no exceptions.
Trust no one. Verify everything. Double-check websites, apps, and social media accounts. Words like "celebrity," "friends," "family," or "urgency" are often just baits used by scammers.
Beware of "Too Good to Be True" Offers. If it sounds too good to be true, it probably is. Promises of guaranteed returns or pressure to invest quickly are classic red flags. Legitimate opportunities never rely on urgency.
Slow Down: Test Before You Invest. Don't rush. Before committing large amounts, start small and test the process, including withdrawals, to confirm that a platform works as expected.
Watch Out for Fakes. Fake emails, fake social media profiles, and fake giveaways are rampant. If in doubt, back out.
Use Official Channels Only. Do not click links directly from others. Go to official sites manually. Download apps only from trusted app stores and avoid opening suspicious attachments.
Enable Security Features. Protect yourself with two-factor authentication (2FA), strong passwords, and cold storage (hardware wallets) for long-term holdings.
QUOTE In crypto, learn to use cold wallets and self-custody! Be SAFE!
