Summary
As of Version 8.18 of the Bitcoin.com Wallet app, we have integrated NFT Spam filtering, which automatically filters our spam Non-Fungible Tokens (NFTs). This feature is intended to reduce the likelihood of users falling victim to NFT scams.
Table of Contents
What are NFT scams?
NFT scams refer to fraudulent or deceptive practices within the Non-Fungible Token (NFT) space. These scams can take various forms, such as fake projects, misleading promises, or unauthorized sales. Scammers may create counterfeit NFTs to trick users into making transactions, leading to financial losses or theft of sensitive information.
How does someone become a victim of NFT scams?
Users can become victims of NFT scams by engaging with illegitimate projects, participating in unauthorized sales, or falling for misleading information. Scammers often exploit the decentralized and pseudonymous nature of blockchain transactions to carry out fraudulent activities. It's crucial for users to exercise caution, conduct thorough research, and verify the legitimacy of NFT projects before making any transactions.
How does NFT Spam filtering work?
The NFT Spam filtering feature in the Bitcoin.com Wallet app automatically identifies and filters out spam NFTs. The filtering algorithm analyzes various factors, such as project metadata, transaction patterns, and historical data to distinguish between legitimate and potentially harmful NFTs.
I don’t see my NFT which I purchased from a legitimate project.
If your purchased NFT is not visible, it may have been caught by the NFT Spam filter. We understand the importance of addressing this promptly. Please contact our support team at support@bitcoin.com and provide the collection address of the NFT. Our team will assist you in verifying the legitimacy of the NFT and ensuring it appears correctly in your wallet.
I still see NFT Spams in my wallet.
If you continue to encounter spam NFTs in your wallet that have not been caught by the NFT Spam filter, we apologize for the inconvenience. To resolve this issue, please contact our support team at support@bitcoin.com and provide the collection address of the spam NFT. Our dedicated support staff will investigate and take the necessary measures to enhance the filtering system and improve your experience.