Choose the right wallet for your needs. Hot wallets are convenient for daily trading; hardware wallets provide maximum security for long-term storage.
"Not your keys, not your coins." Follow these practices to protect your assets.
Know the threats so you can avoid them. These are the most common scams targeting DeFi users on BNB Smart Chain.
Fake DEX interfaces that mimic the real Aster platform. They trick you into connecting your wallet and signing malicious transactions that drain your funds.
How to protect yourself:
Always bookmark the official Aster URL and only access it from your bookmarks. Double-check the domain in your address bar before connecting your wallet.
Scam tokens impersonating ASTER on BNB Smart Chain. They use similar names, logos, and descriptions to trick users into buying worthless tokens.
How to protect yourself:
Always verify the contract address on CoinGecko, CoinMarketCap, or BscScan before swapping. Never trust links from social media or DMs.
Fake support agents or admins in Telegram, Discord, or Twitter DMs who claim to help with wallet issues, then trick you into revealing your seed phrase or signing approvals.
How to protect yourself:
No legitimate project will ever DM you first or ask for your seed phrase. Disable DMs in crypto Telegram and Discord groups.
Malicious dApps request unlimited token approvals, then silently drain your wallet later -- even days or weeks after the initial interaction.
How to protect yourself:
Always set custom spending limits when approving tokens. Regularly audit and revoke unnecessary approvals using revoke.cash.
Unverified or anonymous teams launch tokens with locked liquidity promises, then remove liquidity and disappear with investor funds.
How to protect yourself:
Check if the contract is verified on BscScan. Look for audits, locked liquidity proofs, and doxxed teams before investing.
Before interacting with any token, always verify the contract address through multiple trusted sources. Follow this 3-step process.
Search for the token on CoinGecko or CoinMarketCap. Copy the contract address directly from the token's official page.
These aggregators verify token listings and display the canonical contract address.
Paste the address into BscScan. Check that the contract is verified, the token name matches, and holder count and transaction volume look legitimate.
Look for the green checkmark indicating a verified contract source code.
Visit the project's official website and documentation. Compare the contract address on their site with what you found on CoinGecko and BscScan.
If any of the three sources disagree, do not proceed. Reach out to the project's official support channels to confirm.
Rule of thumb: If someone sends you a contract address via DM, Telegram group, or social media comment, assume it is a scam until you independently verify it through the 3-step process above.
Your browser is the gateway to DeFi. A dedicated, hardened browser profile reduces your attack surface significantly.
uBlock Origin
Blocks malicious ads, phishing popups, and crypto-mining scripts. Essential for any browser used for DeFi.
Your Wallet Extension Only
Install only one wallet extension (MetaMask or Rabby). Multiple wallet extensions can conflict and create vulnerabilities.
Avoid: Random browser extensions, "crypto helper" tools, clipboard managers, and any extension that requests access to "all sites." Malicious extensions are one of the most common attack vectors for crypto theft.
If you suspect your wallet has been compromised, act immediately. Speed is critical -- follow these four steps in order.
Go to revoke.cash immediately and revoke all active token approvals for the compromised wallet. This prevents the attacker from draining tokens you have previously approved.
Prioritize revoking approvals for high-value tokens like USDT, USDC, and ASTER first.
Create a brand new wallet with a fresh seed phrase on a clean device. Transfer all remaining assets from the compromised wallet to the new one as quickly as possible.
Do NOT reuse the compromised seed phrase. The attacker likely has it.
Change passwords on all related accounts (exchanges, email, social media). Reset 2FA codes and generate new backup codes. If you used the same password elsewhere, change those too.
Use a password manager to generate unique, strong passwords for every account.
Report the incident to the affected protocol's official channels (Discord, Twitter). Share the attacker's wallet address so others can be warned. If significant funds were stolen, file a report with local authorities and blockchain analytics firms.
Document everything: transaction hashes, timestamps, and the attack method if known.
tradeonaster.com is not affiliated with, endorsed by, or sponsored by Aster, Binance / Binance.US, YZI Labs, or any other centralized or decentralized exchange, protocol, or company. Aster is an independent decentralized exchange protocol.
All content on this website is for educational and entertainment purposes only. Nothing here constitutes financial, investment, trading, accounting, tax, or legal advice.
Perpetual futures are highly speculative and may result in substantial or total loss of capital. Leverage amplifies gains and losses. Trade only with money you can afford to lose. Always do your own research and consider seeking advice from a qualified professional.
tradeonaster.com may earn a commission if you click a referral link and open or use an account on a third-party platform. This does not change your price and does not influence our educational content or recommendations.
By using this website and any linked platforms, you acknowledge these risks and agree that you trade at your own discretion and responsibility.