Don't trust easily all BSC tokens

[KryptoBull]

Yes, there are many shit tokens on various networks, starting from the ERC20 network first, then BSC, then Solana, and then maybe TON and later there will be more depending on which network is currently hype. Because usually scammers or project creators will take advantage of the hype opportunity from the network that is currently trending. Be careful.

We have seen hundreds of thousands of scam projects from various ecosystems as you mentioned. Investors' FOMO is a great opportunity for scammers to emerge with many new projects, promising huge profits from Lending, ICO, NFT, DeFi, GameFi... Ultimately, investors will have to bear the consequences of their naivety and lack of knowledge.

BSC became very popular in 2021 thanks to its low fees and large community, and it became a favorite place for scam projects. Investors need to be more cautious when investing and control their own greed to avoid falling into traps. Referring to projects supported by Binance Labs can also be considered for investors to find truly potential projects instead of being attracted to scam projects.

[yohananaomi]

It seems that it's not just from BSC tokens because tokens from various coins are also many that become Scams, I noticed from Ethereum there are also tokens that end up being Scams or have no value at all. We just have to be careful so that our funds are safe in crypto because hackers are now sophisticated and their knowledge is much smarter than ours.

it's true that not only tokens that use the binance smart chain network end up scams, the ethereum network, Solana also has many fake tokens. We should always be careful, because scammers will always exist.

Yes, there are many shit tokens on various networks, starting from the ERC20 network first, then BSC, then Solana, and then maybe TON and later there will be more depending on which network is currently hype. Because usually scammers or project creators will take advantage of the hype opportunity from the network that is currently trending. Be careful.

In the past, there were quite a lot of bounties and the prizes were also guaranteed to be a lot, but not a few that the value was very inappropriate to take, because the gas was more expensive than the prize price, so it was left in the wallet.
Currently, with the progress that continues to develop, it is true that you said that more and more networks will be used and, usually according to the situation at that time, which is the most crowded, but the BSC network is still dominant because it is often used. Scammers will continue to take advantage of the negligence of people who are usually not careful and greedy, so we should be aware of ourselves to always check properly before taking any action

[satpol_PP]

In the past, there were quite a lot of bounties and the prizes were also guaranteed to be a lot, but not a few that the value was very inappropriate to take, because the gas was more expensive than the prize price, so it was left in the wallet.
Currently, with the progress that continues to develop, it is true that you said that more and more networks will be used and, usually according to the situation at that time, which is the most crowded, but the BSC network is still dominant because it is often used. Scammers will continue to take advantage of the negligence of people who are usually not careful and greedy, so we should be aware of ourselves to always check properly before taking any action

In mas alau bounty is quite popular and gives many worthy prizes but currently the bounty project is so quiet only a few on the forum, what we see is airdrop which is more crowded. but that's how the development of the project sometimes changes at any time and we are still lucky because there is a bounty mixer on this forum.
There are quite a lot of scams on BSC and that should be our concern to always be vigilant and not easily believe them.

[yohananaomi]

In the past, there were quite a lot of bounties and the prizes were also guaranteed to be a lot, but not a few that the value was very inappropriate to take, because the gas was more expensive than the prize price, so it was left in the wallet.
Currently, with the progress that continues to develop, it is true that you said that more and more networks will be used and, usually according to the situation at that time, which is the most crowded, but the BSC network is still dominant because it is often used. Scammers will continue to take advantage of the negligence of people who are usually not careful and greedy, so we should be aware of ourselves to always check properly before taking any action

In mas alau bounty is quite popular and gives many worthy prizes but currently the bounty project is so quiet only a few on the forum, what we see is airdrop which is more crowded. but that's how the development of the project sometimes changes at any time and we are still lucky because there is a bounty mixer on this forum.
There are quite a lot of scams on BSC and that should be our concern to always be vigilant and not easily believe them.

Hopefully, the heyday of bounty will happen again, triggered by the bounty via telegram, which is so intense and this is a new phenomenon and, hopefully, it will spread to the bounty, which is currently quiet, and you are right. Luckily there is still a bounty mixer on this forum which consistently pays well for a long duration of time.
I think almost all networks are certain to exist but the BSC network, which is currently actively used by other networks, that's the only problem. So that the biggest scam is there, even though all networks are the same.

[Publictalk792]

We have seen hundreds of thousands of scam projects from various ecosystems as you mentioned. Investors' FOMO is a great opportunity for scammers to emerge with many new projects, promising huge profits from Lending, ICO, NFT, DeFi, GameFi... Ultimately, investors will have to bear the consequences of their naivety and lack of knowledge.

BSC became very popular in 2021 thanks to its low fees and large community, and it became a favorite place for scam projects. Investors need to be more cautious when investing and control their own greed to avoid falling into traps. Referring to projects supported by Binance Labs can also be considered for investors to find truly potential projects instead of being attracted to scam projects.

Yes Cryptocurrency investors are mostly tricked by scam projects that play on their fear of missing out. Many people lose money because they do not know enough or act impulsively. In 2021 Binance Smart Chain became popular but this also attracted scammers. Like you can see now the Telegram projects are in trending but there are many scammers too.

To avoid losing money we should be cautious we should research carefully and should check projects with trusted organizations like Binance Labs. But I have seen many projects too in which Binance lab has invested but they also scammed people so we should make proper research before investing.

[dekafee79]

We have seen hundreds of thousands of scam projects from various ecosystems as you mentioned. Investors' FOMO is a great opportunity for scammers to emerge with many new projects, promising huge profits from Lending, ICO, NFT, DeFi, GameFi... Ultimately, investors will have to bear the consequences of their naivety and lack of knowledge.

BSC became very popular in 2021 thanks to its low fees and large community, and it became a favorite place for scam projects. Investors need to be more cautious when investing and control their own greed to avoid falling into traps. Referring to projects supported by Binance Labs can also be considered for investors to find truly potential projects instead of being attracted to scam projects.

Yes Cryptocurrency investors are mostly tricked by scam projects that play on their fear of missing out. Many people lose money because they do not know enough or act impulsively. In 2021 Binance Smart Chain became popular but this also attracted scammers. Like you can see now the Telegram projects are in trending but there are many scammers too.

To avoid losing money we should be cautious we should research carefully and should check projects with trusted organizations like Binance Labs. But I have seen many projects too in which Binance lab has invested but they also scammed people so we should make proper research before investing.

We must always be careful in choosing new projects. As we see, we can check on binance labs. But sometimes scammers are smarter and have tricks that make us lose. We should not easily believe in new tokens, do research and it is not only on the binance smart chain network but also on ERC20, solana, TON, TRON etc.

[armanda90]

We must always be careful in choosing new projects. As we see, we can check on binance labs. But sometimes scammers are smarter and have tricks that make us lose. We should not easily believe in new tokens, do research and it is not only on the binance smart chain network but also on ERC20, solana, TON, TRON etc.

All network right now have many scammer and be careful if want make investment exactly for new project, need looking for how many trusted partner having by some project before launching to the public and who are behind their back up investors.
Easily for scammer make fake or scam project only running until pre sale moment only after sold out many of them gone and their project become scam.

[rizqillah]

We must always be careful in choosing new projects. As we see, we can check on binance labs. But sometimes scammers are smarter and have tricks that make us lose. We should not easily believe in new tokens, do research and it is not only on the binance smart chain network but also on ERC20, solana, TON, TRON etc.

All network right now have many scammer and be careful if want make investment exactly for new project, need looking for how many trusted partner having by some project before launching to the public and who are behind their back up investors.
Easily for scammer make fake or scam project only running until pre sale moment only after sold out many of them gone and their project become scam.

If you doubt the new project rather than we lose because of the actions of the scammer, we should buy the terrain coins and trade with the coins. The new project is very risky and if we are not careful about losing. Loss because the project is not good and can also lose because of a scammers trap.

[Parzival204]

~ But i think we can invest $5-$50 usd on this Type bsc project.         

If these amounts don't hurt you even if you lose them from exit scams and/or rug pulls, I guess it's okay. Just be reminded that many of the new projects with low caps are high risk-high return plays. In most cases, it's more like gambling than investing.

I agree. It's a good idea if you want to invest in a new project, to review and carry out a thorough analysis. So you can predict how much profit you can get from the project. And how much loss you are ready to bear.
because fraud is rampant to investors with the promise of big profits if the project is successful. But no one can predict the future. If you only want big profits without thinking about future losses, you will be the one who regrets it later.

[armanda90]

If you doubt the new project rather than we lose because of the actions of the scammer, we should buy the terrain coins and trade with the coins. The new project is very risky and if we are not careful about losing. Loss because the project is not good and can also lose because of a scammers trap.

Many new project easily to be scam and avoid much loss have to make be careful research, some new project just taken opportunity on the early listing on the market how to get many investor buy their coins and developer hold on above 70% supply easily to make it scam by selling all.
I think need to see new project how much percent holding by community and developer before avoid become scam project or not in the future, if hold large allocation for community seems have potential for break out to higher price in the future.

[Doovla]

For real things happen, such as attempts to sell spam coins that accumulate in the wallet, more often on the BSC network than on others in order to reach total zero on the wallet after the transaction part is done, on social networks such as Twitter, users offer to help more about those hacks.

[Freemind]

For real things happen, such as attempts to sell spam coins that accumulate in the wallet, more often on the BSC network than on others in order to reach total zero on the wallet after the transaction part is done, on social networks such as Twitter, users offer to help more about those hacks.

That has happened from the beginning, it also happens in Ethereum and other chains. The fact is that creating tokens in BNB is much cheaper and faster (there are many contracts already predefined for this), creating tokens and they reach clueless users much earlier and in larger quantities. We should not trust any token from any chain that we do not know and that appears in our wallets without knowing where it comes from. As always, education is the most important thing in these cases to avoid making mistakes with catastrophic results.

[yohananaomi]

For real things happen, such as attempts to sell spam coins that accumulate in the wallet, more often on the BSC network than on others in order to reach total zero on the wallet after the transaction part is done, on social networks such as Twitter, users offer to help more about those hacks.

It will indeed be difficult to avoid something that has indeed been popular from every unpleasant act, as well as the bsc network, which is indeed well-known and often used until now. It is not impossible that there are the most spam coins, but there is no need to be afraid as long as we do not do something that can make our wallet hacked by those who are evil, it is not recommended to accept help if it is not someone you know well because it could hack your wallet.

[legend45]

For real things happen, such as attempts to sell spam coins that accumulate in the wallet, more often on the BSC network than on others in order to reach total zero on the wallet after the transaction part is done, on social networks such as Twitter, users offer to help more about those hacks.

It will indeed be difficult to avoid something that has indeed been popular from every unpleasant act, as well as the bsc network, which is indeed well-known and often used until now. It is not impossible that there are the most spam coins, but there is no need to be afraid as long as we do not do something that can make our wallet hacked by those who are evil, it is not recommended to accept help if it is not someone you know well because it could hack your wallet.

The binance smart chain network is already popular and there are many scammers there, that's a fact. but if we are careful and always keep our wallets from being hacked, I think our assets will be safe. currently what I see as dangerous is the TON network because many scammers use the trick of claiming tokens or airdrop coins and then taking assets in our wallets, so for those who participate in airdrops, be careful with the claim rewards scam bot.

[Parzival204]

In my opinion, it's not just the case of coin bep20 on BSC. But cases of fraud are rife in various tokens if many users and investors participate in it. There's nothing better for us before investing than we do DYOR. So we can find out whether when we invest, it will bring profit or only bring loss. There is nothing wrong for us to invest in any new coin. But what needs to be underlined is that you have done DYOR and make you believe that the project you are participating in can bring profit, not loss. because Many people also benefit from new coins and become initial investors in them. And this challenge will not be easy, especially for beginner investors who are sometimes only tempted by profits that they think are profitable. My advice is that the safest thing is to do DYOR first. First before making a decision to invest in a new coin