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Topic: Is there a token on Bsc that isn' t a scam? - page 3. (Read 500 times)

legendary
Activity: 2436
Merit: 1207
November 11, 2021, 09:34:40 AM
#25
I think your question is base on your experience of receiving unknown tokens in your wallet (this has become a real plague. almost every bsc address is filled with tokens that "worth" a lot, but require do make an investment or buy a "plan" to unlock them) or participating in airdrops.

Of course BSC has a lot of projects that are not scam. You just have to look for them. Try searching on the forum "tips how to recognize scam" and search for opposite projects.

The reason BSC is an ocean of scam is cheap transaction fees. When buying Ethereum tokens, people will think 10 times, check everything 100 times before making a transaction. This is all due to high transaction fees. With BSC, 10-30 cents and your bags a filled with "gold".
full member
Activity: 1820
Merit: 107
November 11, 2021, 09:33:28 AM
#24
My question is: is there some token on bsc that isn' t pumped for bull trap?

My answer is YES there's a lot of good projects in BSC Network if you just check carefully, one perfect example is the BIRB token, it was a very promising project on the BSC Network it has a lot of use case and also has a hardworking team, But the problem was pointed out with the investors because they are still investing in those shit projects(Meme) without any precaution. Anyway just choose only the promising project to minimize the risk of being scammed.
copper member
Activity: 1400
Merit: 103
November 11, 2021, 09:32:20 AM
#23
I have more than 15 airdrop coins I received without knowing where I got them,
If you don't know where it's coming from, it's certainly not an airdrop token. It is a dusting token that is sent randomly to every address that makes a transaction.
sr. member
Activity: 2128
Merit: 259
SOL.BIOKRIPT.COM
November 11, 2021, 09:24:03 AM
#22
You can see the SQUID token on the BSC network, I bought the token but I can't sell it, you can browse the CMC and see the notification on the CMC list.
I also have a lot of fake coins in my wallet, even though I never bought them and it's a trap for you, when you try to sell them, they can't be sold because the slippage is too high.
If you can not sell Squid token how Squid trading volume more then $70 million in the several exchanges, And interestingly this SCAM coin recently listed on some top tier exchanges. BSC is very cheap fee chain and it’s pretty popular smart chain so that scammers sending fake token when you sell it you will be caught must be.
newbie
Activity: 42
Merit: 0
November 11, 2021, 09:15:47 AM
#21
My question is: is there some token on bsc that isn' t pumped for bull trap?

Just don't buy these coins unless you're confident their technology is legitimate, 99% of the time it probably won't be.
And if figure out the 1% and put the time in to do so (probably a lot of time), you might make money, but it's a maybe cause it's risky.
hero member
Activity: 2940
Merit: 593
Leading Crypto Sports Betting & Casino Platform
November 11, 2021, 06:12:26 AM
#20
My question is: is there some token on bsc that isn' t pumped for bull trap?

It's not the blockchain they are using it's the project, right now scammers are creating their token on BSC because the transactions are cheap I have more than 15 airdrop coins I received without knowing where I got them, and there are ICO based and there are DeFi that are based on Binance chain, developers are free to create their token, it's up to us to check if the tokens are legit.
Legit and scam tokens are on Binance because of the cheap transactions and ease to list in the market, it's up to you to find the legit one to scam ones.
hero member
Activity: 1610
Merit: 507
November 11, 2021, 05:56:41 AM
#19
The last time I see on the BSC token, I see ETERNAL have a good step to lift the price because when I buy some ETERNAL, the price is still at the lowest price and I just hold it for some time. But after I check on my wallet, I am surprised to see the price can jump higher and break $100 and now, the price is at $135. But there is a token in the BSC token list that can scam you anytime so you need to research furthermore to find the right token. You can check on KALA, AIRT, ALU, ZOON, PEARL, PCT and more. You can get more listed from the BSC exchanges.
jr. member
Activity: 840
Merit: 6
November 11, 2021, 05:38:02 AM
#18
My question is: is there some token on bsc that isn' t pumped for bull trap?
0xMR hasn't pumped yet and the chart looks good on poocoins.
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
November 11, 2021, 04:57:45 AM
#17
My question is: is there some token on bsc that isn' t pumped for bull trap?
You have two questions, this one, and the title. But to answer this quote first, there are a lot of tokens in BSc and other chains that haven't pumped even we're on the bull run. Why'd you called it bull trap if there's no such trap that has happened? And to answer about your question about tokens in the bsc network being a scam, there are also scam tokens on that network and they're not limited to bsc because every single network has those scammers using them to scam people.
newbie
Activity: 9
Merit: 0
November 11, 2021, 04:50:29 AM
#16
Well I have bought almost 220 coins in total and out of them only 20 were legiit. Rest of them rugged pull. Waiting for those 20 to recover me my investment.... Grin
hero member
Activity: 2912
Merit: 642
November 11, 2021, 03:26:21 AM
#15
I always target for tokens with usage. DeFi tokens, exchange tokens or blockchain tokens.
It's hard to find, that is true but with deep research you could find one. I won't tell one as I don't want to be branded as a shiller of the said coin.
You could also get lucky with tokens that are being pumped and dumped. Ride the wave and make profits out of it. You just need to know what must be done.
It may be a risky method but could be profitable in a short run.
legendary
Activity: 2128
Merit: 1884
Verified Bitcoin Hodler
November 11, 2021, 03:23:56 AM
#14
You know, if only you did your own due dilligence and research on the token, as well as the team behind the token, you probably could avoid like 99.9999% of these scams. But I guess some people instantly buy a token that has a nice pic of a dog or has a nice sounding name. Roll Eyes

Its the same people who give away their seed phrase to "support chats". Its starting to become a bit difficult to have any kind of sympathy with people like this. They have obviously too much money and don't care about it anyway.

if you need someone else to do your own research for you, then only buy binance exchange listed (not dex) tokens only.
member
Activity: 756
Merit: 16
We All Can Make It
November 11, 2021, 03:18:25 AM
#13
My question is: is there some token on bsc that isn' t pumped for bull trap?

Yes of course, only that it requires much more than social media shillings to find them out. When Ethereum started and Smart contract was used to create lots of tokens, people faced the same challenge but today BNB that used to be one of those tokens has grown big and it's credibility is not in doubt, there are also many other good examples but most of the Shit tokens created then are now dead.
So don't miss out of opportunities that good tokens on BSC offers because of the many bad ones.
member
Activity: 813
Merit: 65
November 11, 2021, 03:03:02 AM
#12
My question is: is there some token on bsc that isn' t pumped for bull trap?
In this case, it is very difficult to know that the coin is going up due to a bull trap, or has other plans behind it. however, to search for tokens like you think, it would require deep research. What I mean to say is, don't just look at the coin based on the chart, but try to look at the function and development of the token. after that you can conclude, whether the token deserves a high price, or is it just a bull trap.
no doubt the spirit of those who buy these tokens must be: invest only what you are willing to lose. I don't understand why no one has yet devised a method to link the smartcontract created with the cryptocurrencies owned. Let me explain: I make the smartcontract to generate the X token, it should turn out that this smartcontract was generated by someone who has, for example, 1000 eth or 1000 Bnb, this would already be a first guarantee.
jr. member
Activity: 145
Merit: 1
November 11, 2021, 02:37:40 AM
#11
Unfortunately on binance smart chain many tokens have been pump and dump but a lot of good projects are still there its need some time and research. before invest always research and get expert opinion
full member
Activity: 1316
Merit: 105
November 11, 2021, 02:24:41 AM
#10
My question is: is there some token on bsc that isn' t pumped for bull trap?
Of course there are tokens that are not scams in BSC, but they are fewer in number than tokens that are "pumped for bull traps" scams. You should be more careful in choosing tokens to invest in. Avoid Shitcoins or cheap tokens with huge total supply.
legendary
Activity: 2100
Merit: 1321
Fully Regulated Crypto Casino
November 11, 2021, 02:22:26 AM
#9
My question is: is there some token on bsc that isn' t pumped for bull trap?
Of course there are. What I can't assure you are those that tokens being shill on twitter and some social networks for just pump and dump and money printing by others. You can't expect not to have scammers even not on bsc and other networks. There will always be scammers out there so just take extra cautious that's all.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
November 11, 2021, 01:49:04 AM
#8
My question is: is there some token on bsc that isn' t pumped for bull trap?
In this case, it is very difficult to know that the coin is going up due to a bull trap, or has other plans behind it. however, to search for tokens like you think, it would require deep research. What I mean to say is, don't just look at the coin based on the chart, but try to look at the function and development of the token. after that you can conclude, whether the token deserves a high price, or is it just a bull trap.
full member
Activity: 567
Merit: 148
November 10, 2021, 11:49:51 PM
#7
The only token I invest on my own on Binance Smart chain is cake (the token of Pancake swap). It is a defi-project that performs many functions. There is exchange, yield farming, staking, IFO, lotteries and NFT-marketplace. I think that it is the only worthy project now. There are so many scams because it is very easy and cheap to launch your own token, so scammers try to catch the wave of hype and make money on newbies.
hero member
Activity: 1540
Merit: 725
November 10, 2021, 11:25:03 PM
#6
My question is: is there some token on bsc that isn't pumped for bull trap?

If you talk about tokens, all crypto that running under BSC (Binance Smart Chain) are tokens Grin, but i got your point, you talk about shitcoin, right? It will be difficult to know which projects are good and which are not, the way we can try is to research these tokens, regarding teams, use-cases, communities, Liquidity etc.

btw, I found an interesting project currently running on BSC (Binance Smart Chain), and you'll get 1:1 after this token deployed on Solana Chain by end of this month, you can research it here: Catenax.org
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