Square
Following
Hot
News
Notifications
Profile
Share your thoughts
placeholder
Article
$AGC Can it take off this time?
post-image
AGC+2.59%
Why Can Wallet Approvals Put Assets at Risk? A Clear Guide to Web3 Security, from Contract Permissions to Revoking Approvals

In the Web3 world, one easily overlooked action can affect the security of your wallet assets: smart contract approvals (Token Approval).

When you connect your wallet, trade on a decentralized exchange, claim an airdrop, or use a DApp, you may see prompts like:

“Approve,” “Approve tokens,” or “Confirm approval.”

Many people assume that as long as they don't actively transfer funds, the assets in their wallet won't be affected. But it's not that simple.

Some approval
post-image
TOKEN-0.16%
Trenches
mihao
m
bade
b
mihao
4Cxj...pump
Market Cap
$.
Change
.
24h Vol
$
Holders
.
PIEVERSE
P
bade
b
PIEVERSE
0x0e...25a9
Market Cap
$.
Change
.
24h Vol
$.
Holders
.
HOLD
H
bade
b
HOLD
4iJ7...pump
Market Cap
$.
Change
.
24h Vol
$.
Holders
.
AGT
A
bade
b
AGT
0x5d...e274
Market Cap
$.
Change
.
24h Vol
$.
Holders
.
X
X
bade
b
X
9VZe...pump
Market Cap
$.
Change
.
24h Vol
$.
Holders
.
A high win rate does not mean high profitability. What truly determines trading results is the ratio between each profit and loss.

Many trading strategies look excellent: an 80% win rate, multiple consecutive profitable trades, and a pretty impressive backtest curve.

But if each winning trade earns only $10 while a single loss reaches $50, a problem emerges.

Suppose there are 100 trades:
• 80 winning trades, earning $10 each, for a total of $800.
• 20 losing trades, losing $50 each, for a total of $1,000.

Final result: a loss of $200, not including fees, funding rates, and slippage.

This
post-image
$JCT Empty, empty, empty—living in a palace!
post-image
JCT-3.26%
CRYPTO MARKET UPDATES
live-cover
LIVE1,936
$ZEC has dropped below $1,000!
Trader 0x8742 opened a 10x long on 18,000 $ZEC ($17.63M) and is now down over $2.8M.
Liquidation price: $895.46.
post-image
ZEC+1.29%
🔹Goldman Sachs CEO Remains Bullish on Computing Infrastructure! Data Center Demand Continues to Sur
live-cover
LIVE18
What Is Token Approval? Why Can a Single Signature Put Your Assets at Long-Term Risk?

In the world of DeFi, you may only want to swap tokens once, provide liquidity once, or use a new decentralized application.

During the process, however, your wallet may ask you to confirm an approval transaction.

Many people see a familiar token name and an operation that looks normal, then click Confirm without a second thought. But the questions that really matter are: Who are you granting approval to? How many tokens can they use? Will this permission remain active after the transaction is complete?

U
post-image
🎁 What do you think of this post? Comment to earn a reward—speak up!
👉 After signing up, your first valid comment earns a reward: https://www.gate.com/campaigns/6881

🎉 Get cash when your high-quality comment is selected
Climb the weekly leaderboard to stack rewards and win Gate surprise merch worth 150 USDT!

💬 Have a different opinion? A personal experience? Details you want to ask about?
Come to Gate Square and leave your thoughts in the comments: https://www.gate.com/zh/post
post-image
  • 13
  • 1
I'm trading on Gate, a top-tier exchange with a 13-year track record. Come join me and dive into the hottest events right now! https://www.gate.com/campaigns/6848?ref=VLARBF1YAG&ref_type=132&utm_cmp=ImN6yTAn
post-image
Why Can Wallet Approvals Put Assets at Risk? Understand Web3 Security, from Contract Permissions to Revoking Approvals

In the Web3 world, there is an easily overlooked action that can affect the security of your wallet assets: smart contract approval (Token Approval).

When you connect your wallet, trade on a decentralized exchange, claim an airdrop, or use a DApp, you may see prompts like these:

“Approve,” “Approve Token,” or “Confirm Approval.”

Many people assume that as long as they don’t actively transfer funds, the assets in their wallet won’t be affected. But it’s not that simple.

So
post-image
How should you read on-chain data? How can large transfers help you gauge market movements?
In the cryptocurrency market, many people watch candlestick charts and trading volume every day, but overlook a very important source of information: on-chain data.
Especially when Bitcoin sees a large transfer, many traders immediately wonder: Is a whale preparing to sell? Are institutions buying in large quantities?
But do large transfers really mean the price is about to change?
First, distinguish between funds flowing into exchanges and funds flowing out. A large amount of BTC moving to exchanges ma
post-image
BTC-0.67%
Microsoft commercial cloud local currency prices will be adjusted annually, with five currencies changing first from January 1, 2027
Microsoft announced that, starting January 1, 2027, commercial cloud prices in certain currencies will be reviewed and updated annually. This adjustment follows the plan announced in July this year: local currency prices will be aligned with global pricing every January. The first currencies affected are the Australian dollar, Chinese yuan, Indian rupee, Norwegian krone, and New Zealand dollar.
[Cloud prices move in different directions across five currencies; on
post-image
MSFT-2.15%
Trade CFDs for the Gold Airdrop: Rewards Worth 880,000 USDx, Up to 3,712 USDT Worth of XAUT https://www.gate.com/campaigns/6969?ch=9625&ref=VLARBF1YAG&ref_type=132
post-image
XAUUSD+0.55%
AIRDROP+0.00%
XAUT+0.30%
  • 1
How Should You Manage Position Sizes? How Can You Use Scientific Position Sizing to Control Risk and Earn Steady Profits?

In cryptocurrency trading, many people study BTC’s price movements every day but rarely give serious thought to one question: even if you make the right call, how much capital should you put in?

In fact, many traders don’t lose because they misjudge the direction—they lose because of poor position management.

Suppose your trading account has 1000 USDT. If you put all your funds into every trade, a sudden market move could cause severe losses. Even if the market later mov
post-image
BTC-0.65%
Why can actual losses still exceed expectations even when a stop-loss is set?

Many traders believe that as long as they set a stop-loss, they have already controlled their risk.

But once they enter the market, they may find that the stop-loss was triggered, yet the account loss was greater than expected.

This is especially worth watching in the cryptocurrency market during sharp volatility, declining liquidity, or rapid contract liquidations.

The issue is:

A stop-loss is a risk management tool, but it does not mean you are guaranteed to execute at the preset price.

I. Different types of
post-image
🔥 Crypto and stock market rotations accelerate | Hot-token trading bot competition kicks off
🤖 Trade hot tokens like DOGE with trading bots to share a 20,000 USDT prize pool
🎁 First bot trade: Get 10 USDT
💰 Meet the hot-token trading requirement: Get another 20 USDT
🏆 Top 50 by trading volume: Win up to 800 USDT
Robinhood Chain hot tokens + hot meme tokens—join once, earn multiple rewards
👉 Join now: https://gate.onelink.me/7pdk/53324f285b467579
post-image
DOGE-0.22%
MEME-0.94%
  • 3
  • 3
ZCASH IS TRADING BELOW $1,000
fallen around -23% in the past week.
post-image
ZEC+1.16%
Don't keep saying you don't have a local machine or that you lack talent. I want to ask you one thing: have you really tried? $BTC #厂长牛逼
BTC-0.67%
BTC’s weekly candle looks set to close down for the sixth consecutive week.

After falling for over a month, each high has been lower and rebounds have grown weaker. Bears are still in control.
$BTC
But the continued decline also means selling pressure is being released, and an oversold rebound could occur at any time.
#美国10月CPI全面超预期
My view: $65,000–$70,000 is a key line of defense. Holding above it leaves room for a recovery; a break below it would mean reassessing the bottom.

How much further do you think this correction has to go?
post-image
BTC-0.65%
Load More

Join 40 M users in our growing community

⚡️ Join 40 M users in the crypto craze discussion

💬 Engage with your favorite top creators

👍 See what interests you

Trending Topics

GateGlobalComplianceExpansion

15.89k Views353 Discussing

Gate continues to expand its global compliance footprint, now covering 81 regulated jurisdictions across Europe, North America, Asia, and Oceania. From MiCA and U.S. state-level MTLs to Japan’s FSA, Dubai, and Australia-related regulatory approvals, global exchanges are entering a new stage of compliance competition. Do you think regulatory strength will become as important as products and liquidity for exchanges in the future?

USOctoberCPIBeatsExpectations

87.04k Views2.65k Discussing

AnthropicIPOValuationCouldReach1.4T

12.22k Views1.61k Discussing

View More