In your wallet, you may occasionally discover tokens you weren't aware you possessed. While some of these may be harmless airdrops, more often than not, they turn out to be malicious tokens sent to steal your funds. These tokens hold no value whatsoever and should not be traded. Engaging in any transaction involving these tokens could result in the loss of all your funds, effectively draining your wallet.
There are also instances where you hold tokens that have become worthless because the project associated with them has closed, gone bankrupt, or was initiated with malicious intent to swindle investors (commonly referred to as a "rug pull").
Spam/Scam Tokens and NFTs:
Warning:
Do not engage with these tokens in any way, such as transferring them to another wallet or attempting to trade them. Often, these tokens contain malicious code within their contracts, and any attempt to "transfer" them might result in actions contrary to their stated purpose.
Think of these tokens as the cryptocurrency equivalent of spam emails flooding your inbox, peddling dubious offers like cheap drugs or insurance. They typically appear in your Transactions list as follows:
Rug Pulls and Illiquid NFTs:
At times, assets you've acquired may have depreciated to the point where they are essentially worthless, valued at close to $0.
There are websites that facilitate the sale of illiquid assets for a minimal amount. It's important to note that these third-party websites are not affiliated with De.FI, and we cannot guarantee their safety. However, since this is a common concern, we offer an example of a service that provides this functionality: https://harvest.art/