Topic: Check honeypot scam tokens (Read 116 times)

I am not owner of that website.

Now, you know it.

It is not a discussion about any service, Etherscan, Bscscan explorers or honeypot website so it does not belong to Service discussion.

Is that site (honeypot) made by you? Didn't hear about it before. Btw, its a great initiative. Many scammers show fake usdc screenshots (especially on bsc network) while dealing with newbies online. Ppl think they are the real whales (who got worthless usdc) and fall for it quite easily by exchanging their real btc for worthless token. One scammer even tried this trick on me before lol. 
Is it possible to warn ppl about a fake token transaction just based on tx id and without them putting in the contract address?

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I feel this should be moved to service discussion board.

Scammers can launch their tokens, list it on exchanges and scam you. It requires a little bit efforts to scam you like this.

Scammers can scam you with very less efforts with their 'unverified' scam tokens.

Verified and unverified tokens.
Where to check token is scam or not scam.

Verified and unverified tokens
Verified tokens have their icons in color and their icons are exactly their project icons.
Unverified tokens don't have their project icons on block explorers but they have a default icon of that chain like ETH or BNB icon but the icon has a grey color.

Where to check token is scam or not scam?
You can check it on block explorers for that blockchain like etherscan.io for ERC20 tokens and bscscan.com for BSC BEP20 tokens.

You can use a website honeypot.is to check token too but I'd like to start with block explorers.

On Etherscan or Bscscan explorers, after you type the token smart contract address, you will have many tabs:
Transactions
Internal Txns
Erc20 Token Txns
Contract
Events
Analytics
Comments

Check Contract code
Click on Contract tab and see a contract overview and contract public name tag

Example with this scam token
Contract address: https://etherscan.io/address/0x875f716ae6d8cb584776718cb6c6ecc63781312c

Contract tab: https://etherscan.io/address/0x875f716ae6d8cb584776718cb6c6ecc63781312c#code

The Contract Public Name Tag is Fake_Phishing5505

Check Comment
Click on Comment tab and see comments

Comment tab: https://etherscan.io/address/0x875f716ae6d8cb584776718cb6c6ecc63781312c#comments
If you see comments that it is a scam token, it is a red flag about that token.

Check total holders and transaction history
If total holders is very little, it's scam
If transaction history has lot of failed transactions, it's scam
If transaction history has very little transactions, it's scam

Check with honeypot.is website
Copy the smart contract address of that token, paste it at https://honeypot.is/ethereum? for ERC20 token or https://honeypot.is/ for BSC BEP20 tokens

https://honeypot.is/ethereum?address=0x875f716ae6d8cb584776718cb6c6ecc63781312c


Check with famous coin market cap websites
Like Coinmarketcap: https://coinmarketcap.com/
Coingecko: https://www.coingecko.com/

Type their token name, contract address to check.

You can check at Community page of Coinmarketcap: https://coinmarketcap.com/community/search/top?q=0x875f716ae6d8cb584776718cb6c6ecc63781312c
or Gecko Terminal https://www.geckoterminal.com/?q=0x875f716ae6d8cb584776718cb6c6ecc63781312c

No result found on two big pages, that token is scam, no doubt

Check with Token blacklist from Dappradar
https://github.com/dappradar/tokens-blacklist
DappRadar built their Tokens Blacklist for scam spam/airdrop tokens