Exchange Types
Best Trading Platforms
Featured Pages
Trading Guides
Tennis Betting
Derivatives Trading
More Games
Other Exchanges
Other Wallets
Gambling
Common DApp risks and how to avoid them
Table of Contents
- Poorly designed DApp
DApps are built using smart contracts, which consists of code - and code sometimes has bugs. The most reputable DApps have been thoroughly audited by third-party security firms, but many DApps have not been audited. This means there's a chance the DApp you're connecting to may contain a weakness that could be exploited by hackers - with the result that the funds you send to the DApp could be lost or stolen. Even audited DApps may have bugs that could result in the loss of funds.
- Malicious DApp
The risk here is the same as with a poorly designed DApp. The only difference is, with a malicious DApp, the code has been purposely compromised, usually in such a way that the DApp makers can steal funds. The best way to avoid losing your funds to poorly designed and/or malicious DApps is to take the time to investigate the DApp maker and ensure that the DApp's code has been audited by a reputable third-party service. That being said, in general, the longer and more widely a DApp has been used, the less likely it is to have bugs or malicious code that could result in the loss of funds.
- Phishing DApp
Let's say you fully trust the 'ABC Finance' DApp. It has a solid team of developers behind it, and the smart contracts it is compromised of have been audited by two reputable third-party security firms. When you search for ABC Finance's website, imagine you accidentally click on a link that takes you to ABDfinance.com. This website looks identical to the ABC Finance website you're used to, but when you connect your wallet, you're unknowingly connecting to a malicious DApp. Any funds you send to the DApp, rather than being deposited into a smart contract that earns interest on your principele as you intended, are instead stolen by the 'phishing' DApp's creators.
The best way to avoid getting caught by a phishing DApp is to double check the URL of the DApp's webpage to ensure it is correct. Another tip is to check that the lock icon (🔒 ) appears in your browser's address bar preceding the website's URL.
Read more: What is WalletConnect? Learn about the bridge that connects your wallet to DApps and how to use it.
Discover the top platforms for buying, selling, and trading cryptocurrencies
Discover the top platforms for buying, selling, and trading cryptocurrencies
Trading Features
Algorithmic TradingAutomated TradingArbitrage BotsCopy TradingDay TradingDemo Trading AccountsDerivativesCryptocurrencies
AaveAltcoinsAptosArbitrumArtificial SuperintelligenceAvalancheBinance CoinBitcoin CashBittensorCardanoChainlinkCosmosCronosDaiDogecoinEthereum ClassicFilecoinHederaImmutable XInjectiveKaspaLitecoinMakerMantleMoneroNear ProtocolNeoOKBOptimismPepePolkadotPolygonRenderRippleShiba InuSolanaStablecoinsStacksStellarSuiTezosToncoinTronUniswapExchange Types
Anonymous ExchangesCentralizedCryptocurrency BrokersCrypto To Fiat ExchangesDecentralizedFor BeginnersHybrid ExchangesLending PlatformsLowest FeesP2P Crypto ExchangesPaypal DepositSafest ExchangesSavings AccountsSwap PlatformsGeographic Regions
AlgeriaArgentinaAsiaAustraliaBahrainBrazilCanadaChinaColombiaCongoEgyptEuropeFranceGermanyGhanaHong KongIndiaIndonesiaIrelandItalyJapanKenyaKoreaMalaysiaMexicoMoroccoNetherlandsNew ZealandNigeriaNorwayPakistanPhilippinesRussiaSingaporeSouth AfricaSwitzerlandTanzaniaThailandTurkeyUgandaUnited Arab EmiratesStay Private and Secure in the World of Crypto
Explore tools and platforms that prioritize anonymity, wallet protection, and secure transactions:
Anonymous & Privacy-Preserving Platforms
- Top Anonymous Cryptocurrency Exchanges to Buy and Sell BTC and Altcoins
- Discover the Top Anonymous Crypto Cards – The Best No-KYC Solutions for Private Transactions
- Top Anonymous Crypto Betting Sites with No KYC
- Top Anonymous Crypto Casinos with No KYC
- Best Privacy-Focused Crypto Casinos – Gamble Anonymously
- Privacy Wallet – Secure & Anonymous Crypto Transactions
Security Tips & Wallet Protection
- The Most Safe and Secure Cryptocurrency Exchanges to Buy and Sell BTC and Altcoins
- Guide to Choosing a Secure Cryptocurrency Wallet
- Essential Security Tips for Cryptocurrency Wallets
- Essential Backup Options for Cryptocurrency Wallets
Top Altcoin Picks & Trends
- Best Altcoins to Buy
- Best Crypto to Buy Now
- Best Crypto Presales to Invest
- New Crypto Projects
- Top Meme Coins
- Celebrity Tokens
Altcoin Exchanges
- All Altcoin Exchanges
- Arbitrum
- Avalanche (AVAX)
- Base
- Binance Coin (BNB)
- Bitcoin Cash (BCH)
- Cardano (ADA)
- Dai
- Dogecoin (DOGE)
- Ethereum Classic (ETC)
- Immutable (IMX)
- Litecoin (LTC)
- Mantle (MNT)
- Meme Coins Exchange
- Optimism (OP)
- Polygon (MATIC)
- Shiba Inu (SHIB)
- Solana (SOL)
- Stablecoins
- Toncoin (TON)
- Toshi
- TRON (TRX)
- Trump Tokens
- Uniswap
- USDT
- XRP
- More Altcoin Exchanges
Related guides
Start from here →
What is WalletConnect?
Learn about the bridge that connects your wallet to dApps and how to use it.
Read this article →What is WalletConnect?
Learn about the bridge that connects your wallet to dApps and how to use it.
What's a smart contract?
Get the basics on the "software" that runs on decentralized networks.
Read this article →What's a smart contract?
Get the basics on the "software" that runs on decentralized networks.
What is DeFi?
Learn what makes decentralized finance (DeFi) apps work and how they compare to traditional financial products.
Read this article →What is DeFi?
Learn what makes decentralized finance (DeFi) apps work and how they compare to traditional financial products.
What is ETH used for?
Understand the function and utility of ETH.
How to buy ETH
Learn how to buy ETH and hold it securely in a digital wallet you control.
Read this article →How to buy ETH
Learn how to buy ETH and hold it securely in a digital wallet you control.
What is Ethereum?
Understand Ethereum's key characteristics.
What are ERC-20 tokens?
Learn the basics of the Ethereum token standard, what ERC-20 tokens are used for, and how they work.
Read this article →What are ERC-20 tokens?
Learn the basics of the Ethereum token standard, what ERC-20 tokens are used for, and how they work.
How to create an Ethereum wallet
Creating an Ethereum wallet is as easy as installing software on your mobile device or laptop/desktop.
Read this article →How to create an Ethereum wallet
Creating an Ethereum wallet is as easy as installing software on your mobile device or laptop/desktop.
STAY AHEAD IN CRYPTO
Stay ahead in crypto with our weekly newsletter delivering the insights that matter most
Weekly crypto news, curated for you
Actionable insights and educational tips
Updates on products fueling economic freedom
No spam. Unsubscribe anytime.
Start investing safely with the Bitcoin.com Wallet
Over wallets created so far
Everything you need to buy, sell, trade, and invest your Bitcoin and cryptocurrency securely
Download App
© 2025 Saint Bitts LLC Bitcoin.com. All rights reserved
Download App
Company
Educate
Products & Services
Bitcoin Data
Follow
Get Crypto
Use Crypto
Exchanges
Crypto Games
Crypto Betting
© 2025 Saint Bitts LLC Bitcoin.com. All rights reserved