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Feb 7, 2023 • 6 tweets • 3 min read
SafeTransfer is integrated to @FantomFDN 👻
, our free and open-source tool for foolproof token transfers is available to Fantom users 🔥.
But why SafeTransfer? 👇 safetransfer.cash 2/ During the past year, there were multiple instances of tokens sent to the wrong address by professionals and experts in the crypto industry.
In some cases, they were lucky to recover the tokens but not all of them.
If this happens to experts, what can the regular user do?
safetransfer.cash is a free and open-source tool making token transfers safer than ever before 👀
More details below! 👇 2/ A lot of tokens are lost forever because of mistakes while transferring them (typo, wrong address, etc.).
When you transfer tokens, your wallet calls the "transfer" function which is supported by the erc20 standard.
Nov 21, 2022 • 26 tweets • 11 min read
1/ With the recent FTX debacle, a lot of people have been talking about self-custody and its importance
While it's easy to say, there are some best practices that need to be followed for safe self-custody.
We asked one of our devs to share his experience with us, a thread 🧵 2/ Avoid Centralized exchanges.
In 2017, @lebed2045 Had a bad experience with a Tier 1 exchange which led to the loss of his funds. Since, then, he set a rule for himself: Avoid centralized exchanges at all costs.