When you approve, you give the contract permission... @beefyfinance

Asked 1051 days ago
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When you approve, you give the contract permission to take your cake only for deposit purposes

asked 1051 days ago

1 Answers

Answer: It is important to be aware of the risks associated with approving contracts for deposit purposes. While it may seem like a safe and secure way to give permission for someone to take your cake for deposit purposes, it is possible for these approvals to be hijacked. It is important to be aware of the potential risks and take steps to protect yourself. This may include using a secure payment processor, using a trusted third-party to review the contract, or using a secure online platform to manage the transaction. Additionally, it is important to be aware of the terms of the contract and any potential liabilities associated with the transaction. Taking these steps can help to ensure that your cake is secure and that your approval is not hijacked.
answered 1051 days ago
0
These approvals can be hijacked, it would seem.
answered 1051 days ago

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