Don't trust easily all BSC tokens

[Octoalts]

Every Crypto project, be it in the BSC or ERC, is bound to commit fraud, but because making a BSC smart contract is very easy, BSC Tokens are more likely to be fraudulent. Therefore, we must be careful and do further research if we want to invest in new BSC tokens.

[whyrqa]

Every Crypto project, be it in the BSC or ERC, is bound to commit fraud, but because making a BSC smart contract is very easy, BSC Tokens are more likely to be fraudulent. Therefore, we must be careful and do further research if we want to invest in new BSC tokens.

The fact is that the conditions of binance Smart Chain contribute to the development of fraud, as well as an increase in the number of junk coins, because the project team does not spend any finance, and does not care about its value.

[Freemind]

The fact is that the conditions of binance Smart Chain contribute to the development of fraud, as well as an increase in the number of junk coins, because the project team does not spend any finance, and does not care about its value.

You are absolutely right in what you say and I totally agree, but that's where personal responsibility comes in, of each one of us. We all have to know how to study projects to avoid being scammed. BSC is not perfect, Ethereum is not perfect either, no platform is perfect. Our ability to detect scams is the only thing that can help us.

[trauchot]

Scam projects are everywhere, therefore, before investing in any project, you need to fully study it many times and then make a decision to invest in this project or not, and in general, scam projects are becoming more and more as cryptocurrencies are becoming more and more popular and unfortunately almost no one fights with scammers.

[Maxtel]

No matter which chain you use in cryptocurrency, none of it is completely secure, because there are some dishonest people everywhere.  The Ethereum chain is not entirely secure as we all know many have lost their stored assets here in the past.  That's why almost everyone is using the BSC‌ chain.  But many are skeptical about whether the BSC‌ chain is safe to buy.  We all need to be aware of why we don't use chains that are not 100 percent safe.

[jonathancool220]

Binance Smart Chain is centralized and you shouldn't be too quick to trust BEP20 tokens.
Research for all cryptocurrencies should be detailed, careful and thorough because cryptocurrencies are full of drama and difficult to control if we lose money.
Binance Smart Chain is a platform from BNB which has very strong endurance which always has full support from Changpeng Zhao but unfortunately it is centralized.

[UNIVERSE]

Never trust easily on all crypto. That is good. Because whether it si BSC token, ERC20 tokens, TrX tokens and other types of tokens of platforms, there will be always scammers who utilize the platform to build certain tokens and scam people. And that is why we must be more and more careful, smarter, and also wiser when going to invest or participate in the projects.

[Mj joy]

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.

Yes, brothers, thieves will always be there. We should be careful of thieves.If we don't keep our erc20 wallet secret all the time, we will be ruined if it falls into the hands of a thief.Because it is normal for thieves to be very clever.So keep the wallet carefully and keep your earned money safe.

[Renampun]

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.

many people are only interested because they dream of making a big profit from investing in new tokens using the bsc network...

We can see for ourselves that there are currently hundreds of shittoken using the bsc network, which was created just to steal other people's money, be careful with that, because it's all a fraud.

[salukhe]

In cryptocurrency again many people fall into the trap of fraud.People kill their tokens by forgetting various things.If there is BTC, they try to escape from the trap more.There are so many people in the world who are growing up by killing everything else.  We have to work carefully all the time and deal with them by checking everything.It also kills a lot of people while making transactions.So whatever we do we always have to do with caution.If we are always vigilant, no one will be able to trap us or cheat us.

[Freemind]

many people are only interested because they dream of making a big profit from investing in new tokens using the bsc network...

We can see for ourselves that there are currently hundreds of shittoken using the bsc network, which was created just to steal other people's money, be careful with that, because it's all a fraud.

That happens exactly out of greed and doing everything quickly. Many people do not stop to search for information or consult smart contracts and they buy for the simple fact that the tokens have the same name as a well known project. I have been seeing this situation for several days on different Telegram channels and they lose money that they will never get back.

[neptunemutual]

Do not believe in any project no matter what chain it is on, BSC is not perfect of course and there are also scams. We always have to read the project documentation, social networks, articles, seek the experience of the team members and much more.I will never tire of repeating it, DYOR, does not matter in which chain the projects work.

Precisely. There are projects that promise but can't deliver, and there are others that can deliver but can't get the word out there. Everything boils down to how a project is seen by members of the community at large. Proper research on the likelihood that a team will be able to deliver a solution is vital.

It's because ICOs are mostly ideas. In my opinion, a project's long-term success is based on how well it can meet its original goals while still giving itself room for improvement.

[babu10]

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.

Yes, you are right i think because whatever BSC or any other coins platform, Scammers are everywhere and they must try to do their job. But as a investor we mush have to careful about it. I think a investor must see the projects details when they do investment. Matter of sorrow that once real projects sometimes scam at the end by team so this is very frustrated.

[smrityirany]

BSC wallet is much better but always we should not depend on all the projects which have been launched on the BSC wallet. Before investing you have to research more , know about the team member and about their professionalism. after knowing well you have to invest.

[Prime]

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