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In this video, Matt explains everything you need to know about token approvals—including unlimited token approvals; how token approvals can be the reason you lose all your cryptocurrencies; token approvals vs dapp permissions; and how to stay safe by reviewing and revoking your token approvals. #Crypto #Ethereum #MetaMask Resources mentioned: → Guide to avoiding crypto and NFT scams: https://collectiveshift.io/security/s... → MetaMask guide: https://collectiveshift.io/metamask/h... → Uniswap guide: https://collectiveshift.io/defi/dex/g... Timestamps: 00:00 Intro 01:11 About token approvals 01:26 Token approval example 02:45 Two main ways how unlimited token approvals can lead to you losing cryptocurrency 05:43 Token approvals vs dapp permissions 07:08 How to revoke token approvals 09:14 Summary 10:31 Action item 10:55 Ask about token approvals below 11:02 Outro ———— 🔔 Enjoyed the episode? Hit SUBSCRIBE and turn on notifications for more! 🔥 Start Now - $1 for 7 Days: https://collectiveshift.io/become-a-m... 📧 Join our free newsletter for weekly insights straight to your inbox: https://collectiveshift.io/newsletter/ 📚 Free Beginner Course: https://collectiveshift.io/courses/be... 👉 Connect with us: Twitter: / cshift_io Facebook: / collectiveshift.io LinkedIn: / collectiveshift ———— 🚨 DISCLAIMER We are not Financial Advisors. All opinions expressed by Collective Shift representatives and/or guest/s in this video are intended for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not take into account the viewers' specific circumstances. Collective Shift and its individual team members are not liable to the viewer or any other party for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances. The viewer should always: 1. conduct their own research; 2. never invest more than they are willing to lose; and 3. obtain independent legal, financial, taxation and/or other professional advice in respect of any decision made in connection with this video.