On-Chain Transfer Pitfall Guide: Remember These Details.

The two most common traps:

First trap: Copy and paste the address from your recent transactions. It sounds safe, but it's actually the most dangerous. Once you have a transfer record on the chain, phishing actors can immediately monitor it, then use tools to generate fake addresses with the same starting and ending characters as the real address, creating dust attacks. You can't tell the real from the fake, and you might accidentally receive counterfeit coins from these poisoned addresses or even get tricked into scam contracts.

Second trap: Only look at the first and last few characters of the address. This is a major misconception. Now, generating an address with similar start and end characters is easy, and most people find it hard to distinguish with the naked eye. Judging based only on the first and last few characters is like trying to recognize someone from a blurry photo—completely unreliable.

Correct approach: Before each transfer, verify the entire address on a blockchain explorer. Spending an extra 30 seconds can save you from being scammed. Caution is the key to long-term safety.