Don't trust easily all BSC tokens

[Freemind]

This is also happening to the ERC20 tokens. Both BSC and ERC20 tokens are easy to be created. Many scammers create new projects using the platforms and then getting the victims of investors.
And many scammers also create fake tokens in the BSC platform in order to be the same as the original one. We can find some of this fake tokens on Pancakeswap. Just be careful. Always do research and analyze from the official group about new tokens listing, and also about the new projects to follow

That has always happened and will continue to happen on any chain where a token can easily be created. If platform restrictions are low or null, more scams will continue to appear because anyone can create tokens. I don't know to what extent that facility could be limited by implementing some kind of restriction, but I think sooner or later they should do something.

[Power420]

Binance Smart Chain Wallet is playing a huge role in cryptocurrency.  Due to which everyone is leaning towards this wallet and more and more savings are available.  And all the projects, however, are BSC address papers and there is a lot of potential for further growth in the future.

[Farhana]

Yes I am agree with you But I know BSC are most acceptable token for many project now. If you attend recent project so you can see most of project are giving payment in bsc wallet. Because its very trustable, secure and popular. many people are invest here for long time to get huge profit.

[hasyurt]

A lot of new tokens are coming out on the bsc network and most of them have a very large total amount. There are too many scam projects in the environment because the coins are very cheap. It's not clear what it is. While there were 650 altcoins in 2017, there are now more than 10 thousand coins.

[Freemind]

A lot of new tokens are coming out on the bsc network and most of them have a very large total amount. There are too many scam projects in the environment because the coins are very cheap. It's not clear what it is. While there were 650 altcoins in 2017, there are now more than 10 thousand coins.

The good and bad of the appearance of new projects is that 99% are worth nothing, they are just copies of copies, so there is no need for investors or users to do anything, those projects disappear by themselves and end in 0. The remaining 1% is the one that interests us, because some of those projects can be really good.

[Rafiq]

The Beans Smart Chain Wallet is currently playing a huge role in cryptocurrency due to its low gas fees. Most of the Bounty projects are now coming to the "BSc platform" due to the high transit fees of Ethereum. Cheaters and hackers are active in crypto, they come up with scams, which will leave you speechless. So the "new project of BSc platform" will not really believe anyone's word and will take part in the project after saving the verification.

[IyemRoker]

Before we enter the cryptocurrency space, we should also research first because I am sure that we are knowledgeable people who must understand our every step in starting our activities, especially since this is an activity that includes the risk of losing our assets.
Binance Smart Chain has a very large community but behind that also Binance Smart Chain has a lot of trash tokens and even in my wallet there are also a lot of strange trash tokens that automatically enter the wallet.

[dekafee79]

You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.

Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.

BSC did not promised the zero scam project. Be cautious.

That's a good thread, I agree, don't trust easily at BSC tokens.
Because too many scam project there.
I personally have bought several coins and rug.
So, be careful.
We must learn their projects and team behind the project

[Tubelight]

I think tokens on Ethereum platform are as reliable as BSc platform stores but not as reliable. There are many tokens on the Binance platform that are completely exhausted by pumping in the market for some time. So, before buying the stores of Binans Smart Chain platform, one must think carefully.

[Zezari]

That's right, there is no need to rush with the purchase of new tokens, you first need to determine what kind of project it is, who is developing it and what goals. There are a very large number of fraudulent projects on the cryptocurrency market right now.

[pelana vreo]

it's Almost the same when there are many new tokens on the ethereum network in 2017 and 2018 when ICOs at that time were in a good trend, I learned from that experience and I thought I would invest in a coin backed by Binance lab in Binance smart chain, It's hard to choose a new coin that has good fundamentals but we can learn from every experience we have to avoid worthless tokens because the project was abandoned by the developer.

[Afony]

it's Almost the same when there are many new tokens on the ethereum network in 2017 and 2018 when ICOs at that time were in a good trend, I learned from that experience and I thought I would invest in a coin backed by Binance lab in Binance smart chain, It's hard to choose a new coin that has good fundamentals but we can learn from every experience we have to avoid worthless tokens because the project was abandoned by the developer.

When this happens with a project, it certainly depends on the developers themselves and not on the platform on which it was created. This is the experience that is gained and you begin to understand more thoroughly the projects you want to invest in.

[rizqillah]

You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.

Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.

BSC did not promised the zero scam project. Be cautious.

of course, many scam projects there.
We shouldn't trust easily, I agree with your.
See the project, team and always follow the news on their social media.
I see several projects were rug.

[Goldlife]

I believe that each of us should understand a very simple truth that today binance Smart Chain is used by everyone who does not like the high commission on the Ethereum network, that is, they save. Although Each of us should understand the fact that Ethereum is a decentralized platform, which means it is much better and safer than bsc. Although there are very good projects on the binance smart chain, but among the total, their turn is difficult to recognize.

[Google+]

Of course, there are lots of tokens created from the BSC network, so everyone must be careful because it is easy to create tokens on the BSC network, so a lot of tokens are scammed and just become garbage, when you want to buy make sure the address of the token maker or smart chain token is correct.