I decided to make this guide because I have read of many people in this subreddit falling for scams through DM's and losing their valuable coins/tokens. Every time this subject comes up many users ask how to do it so here you go:

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Browser instructions

1.Click your profile name at the top right of the website.

https://preview.redd.it/hj3w2z218fia1.png?750&format=png&auto=webp&s=8057d550aaa9527a8ff3235955a54c685f29f616

2.Go to User Settings.

https://preview.redd.it/yekr8s3c8fia1.png?380&format=png&auto=webp&s=8afce1a46402a17b23766fe6adf6f5acacc30f08

3.Select Chat & Messaging on the far right and change Who can send you
private messages to nobody.

https://preview.redd.it/518csejg8fia1.png?1223&format=png&auto=webp&s=4a967dc7a9ee691ca83e925a9278ffa0d7ac1db4

Reddit App Instructions

1. Select your profile at the top right of the app

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https://preview.redd.it/suqsfiapafia1.jpg?1284&format=pjpg&auto=webp&s=6cea9423b6614fd1d48d518385eb18b4a92f3099

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2. Go to Settings

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https://preview.redd.it/675p292vafia1.jpg?1284&format=pjpg&auto=webp&s=fb8f694d481ca19840be08008772f8257cb26f01

3. press your username under account settings

https://preview.redd.it/yb22ncbxafia1.jpg?1284&format=pjpg&auto=webp&s=bd9825746375538e0773a92662ef0c34cd495347

4. Go to Chat and messaging permissions

https://preview.redd.it/jesvrf56bfia1.jpg?1284&format=pjpg&auto=webp&s=7a2b1ad1623975317b45d8572e25281792c8c766

5. and finally select Nobody under Direct Messages

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https://preview.redd.it/du0fto29bfia1.jpg?1284&format=pjpg&auto=webp&s=1e63e5f758b147e8fc2064c2cc95a21c580523d2