NFT 101: How To Spot a Fake NFT Collection | Binance Blog

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NFT 101: How To Spot a Fake NFT Collection | Binance Blog
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Nobody wants to fall victim to an NFT scam. Read these 6 top tips for checking an NFT’s authenticity to help keep you safe. Class in session.

With the rise in NFTs’ popularity, the question of NFT collections’ authenticity has come front and center.NFT’s authenticityThe space is new, and scammers have begun to take advantage of users’ lack of understanding. The best way to protect yourself in this situation is to ensure that you have the basic knowledge on how to check an NFT’s authenticity yourself to understand exactly what you’re purchasing.

It’s always good to cross-check the information on different social media platforms and official websites. If you’re struggling to find a legitimate source of information, it’s likely a bad sign. Another option is to ask for help and context in reliable NFT communities. Again, make sure you’re using trusted sources and don’t take just a single person’s word.

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