What if I see an unfamiliar token or NFT in my wallet?

  • Updated

This article covers scam tokens, spam airdrops, and unfamiliar tokens or NFTs you didn’t purchase or expect.

Important: Never click links or open websites mentioned in airdropped NFTs or unfamiliar tokens. These sites often ask you to connect your wallet, and doing so can allow scammers to drain your funds or approve malicious transactions.

Most unsolicited airdrops (99.99%) are scams. They often claim you can earn rewards or unlock value, but these promises are fake. Because wallet addresses are public on the blockchain, scammers can send spam the same way spammers send unwanted email.

Receiving these tokens doesn't compromise your wallet. They typically have no real market value, and you haven’t lost or gained anything by receiving them.

Report as spam

The safest action is to report the token or NFT as spam.

  1. In Phantom, select the token or NFT.
  2. Select MoreReport as Spam.
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Steps to report a scam NFT in Phantom
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Steps to report a scam token in Phantom

After you report it, Phantom hides the item and uses your report to improve future spam detection.

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