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Inventory of 6 major cryptocurrency security tools to avoid cryptocurrency scams.

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How to avoid crypto scams? This article will list 6 tools to safeguard fund security.

Original Title: "Over $76 billion stolen, inventory of six major encryption asset security tools"

Original Author: Emperor Osmo, Encryption KOL

Original Translation: Felix, PANews

The crypto industry is often described as the "wild west". In this industry, you can earn hundreds of times your investment, but you can also lose all your funds due to smart contract vulnerabilities, project manipulation, or entering too late. In the past, the crypto industry has caused losses of over $76 billion due to rug pulls and scams. This article will list 6 tools to protect your funds and avoid these crypto scams.

Bubblemaps

Although there are blockchain browsers like Etherscan that can be used to view on-chain transactions, it is difficult to track the destination of funds. Bubblemaps makes it easy to see which wallets hold which funds and their movements. During the season of Meme frenzy, Rug pulls are everywhere. Bubblemaps plays an important role in detecting Rugs and avoiding thousands of dollars in losses for users from scammers.

Related reading: Meme finished rushing? Analyze tokens with 2 tools and then run away.

De.Fi

De.Fi provides a set of products aimed at making the crypto experience more secure. The wallet scanning and blocking features of the De.Fi platform will immediately identify any malicious contracts, preventing users' liquidity from being drained. Defi_Mochi has created a very simple and easy-to-understand tutorial on how to use these free tools.

Santiment

Santiment allows investors to track market trends and understand market cycles. By tracking prices, NFTs, keywords, and cross-comparing them, it can help avoid buying at the peak.

Additionally, Santiment can help guide the best allocation of funds by analyzing the correlation between keywords and the market, while avoiding 90% of losses caused by delayed purchases.

DefiLlama

DeFi Llama is a comprehensive platform that has all the necessary features to understand protocols from a fundamental level. For example, with DeFi Llama's token unlocking feature, you can track when tokens will be unlocked.

LunarCrush

Imagine a platform that can track trading trends and even help you successfully escape before the trend changes. The Lunar Crush platform can track social activity and understand market trends. Investors can enter the market when a certain token starts to become popular on social media and sell during the peak of discussion.

Blockpour

Blockpour is a multi-chain data aggregation and analysis platform that aggregates data from various ecosystems. By providing comprehensive and in-depth data, it can prevent significant losses caused by differences in depth.

In addition, through the "real-time trading" function, investors can track each transaction in real-time, so as not to miss any moves made by the whales. Whether you are looking for potential coins or trying to gain a deeper understanding of tokens, Blockpour is a useful and free tool.

In the encryption industry, investors can earn up to 100 times their investment, but they can also lose their funds in bad trades, scams, or HoneyPot schemes. Therefore, capital preservation is always the theme of the game, and the following six free tools will help investors achieve this goal.

Note: The navigation window on the PANews official website summarizes commonly used analysis tools, including various block explorers, comprehensive data platforms, etc. Users are welcome to follow and visit.