Rules for digital security As The Open Network (TON) Ecosyst | TON Community
Rules for digital security
As The Open Network (TON) Ecosystem continues to grow, we’d like to remind you about the basic steps you need to take to stay safe in the cryptocurrency space.
Rule #1: Invest carefully
There are a huge variety of NFT, decentralized finance (DeFi), and GameFi projects operating on TON today. We urge you to carefully study each and every project that you plan to invest in. Unfortunately, there is always the possibility that you could encounter either scammers (such as pump-and-dump schemes) or incompetent project teams.
Rule #2: Store your seed phrase securely
Remember: If you lose your 24-word seed phrase, you’ll lose access to your wallet and digital tokens forever.
Write your seed phrase down on a piece of paper and keep it in a safe place. Never store a screenshot of your seed phrase on your phone or computer.
In short, never store your seed phrase on a device connected to the internet.
It’s also worth reading our “Where can I store my Toncoin?” guide for more information.
Rule #3: Study the cryptocurrency exchange instruction guides
If you want to make a new transaction that you’ve never made before, you should first make a test transaction with a small amount (e.g. 0.5 TON) to make sure that everything is working as it should.
Remember: There are many instances when the cryptocurrency exchange's technical support will not be able to help you with a transaction.
Rule #4: Be careful with P2P transfers
The P2P sphere is especially prone to scammers.
If you buy and sell Toncoin via a P2P marketplace, don’t forget to read the safe trading tips from the @cryptobot team.
Rule #5: Don’t forget that the TON App directory does not represent official projects
A project team only needs to pass a simplified verification, rather than a fully-fledged one, to join the ton.app directory.
Therefore, the fact that a project is part of TON App does not guarantee security.
Rule #6: Don’t trust unfamiliar project teams
This applies to mining pools, staking pools, NFT collections and any project that promises you an income.
Always be skeptical about promises of easy money. Before investing in a project, always try to find an appropriate endorsement or mention in authorative TON materials.
If no mentions are found, then interacting with the project may involve risks and we recommend that you conduct your own research before proceeding any further.
Please follow these simple rules and only trust official TON information sources.
