Security In Web3.0 - Check The Risks Associated With Your Wallet Using GoPlus Website

When it comes to security in the crypto ecosystem, I don't take it lightly. This is because I've invested heavily and built a strong portfolio, both in NFTs and airdrops, and I have multiple wallets where I store my assets. Most wallets have interacted with one or more airdrop tasks, thus I may be eligible for a possible airdrop, therefore I can't afford to neglect checking the security of my wallet on a regular basis. So, how do I go about this? There are various approaches for determining the security of one wallet. I personally use revoke.cash, however I believe it is insufficient because it just allows you to check contracts signed with your wallet.

However, there are a number of risks that could go wrong with your wallet, some of which include:

Wallet Drainer Risk: Since we have engaged with several sites and are unaware of which ones are malicious, hackers can employ a cunning tactic to empty our wallet and transfer our money as an airdrops finder that interacts with various links and sites.

Risks associated with NFTs: A few months back, one of my NFTs burned without my permission. I'm not sure how it happened, but it turns out that the developers had ability to burn my NFT because it was under privilege burning.

Honeypots Risk: Typically, a rug pull project will have honeypot tokens, which are tokens that you can only purchase but cannot sell. This effectively traps you. Tokens come with a lot of complexities, and if you use them improperly, you run the danger of damaging your wallet and losing your funds.

So what is the solution?

I came across a website called {GoPlus}(https://health.gopluslabs.io/) that can assist you in monitoring the security of your wallet and identifying honeypot, NFT, and token drainer risks—all of which are handled by revoke.cash. I was able to view every token and NFT risk associated with my wallet by checking it. You can click on the token contract when you find a risk to view the rationale behind the risk's identification.

However, the Ethereum and BNB chains are the only two chains covered by this website. The risks will be stated you can click on it to check the details of the risks.

It makes more sense because I previously knew about some of the items that were flagged as potentially dangerous in my wallet.

But keep in mind that this is not financial advice, so do your own personal research and diligence before utilizing the site.