Binance Security
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🚨 Security Spotlight: HoneyPot Tokens 🍯
A honeypot is a trap token — you can buy, but you can’t sell. 😰
Scammers lure users (especially memecoin chasers) with promises of massive profit potential.
📖 Full Breakdown ➝ https://www.binance.com/en/square/post/22679955606073
🔎 Red Flags to Watch For:
All green candlesticks 📈 (too perfect?)
Unverified or shady contracts
High sell taxes or restricted transfers
Top wallets holding most of the supply
✅ Stay Secure, Binancians:
Don’t FOMO in
Always verify token contracts
Use tools like HashDit (https://www.hashdit.io/)
Revoke token approvals if you got trapped
💛 Learn, share, protect.
#Binancesecurity #HoneypotAlert
A honeypot is a trap token — you can buy, but you can’t sell. 😰
Scammers lure users (especially memecoin chasers) with promises of massive profit potential.
📖 Full Breakdown ➝ https://www.binance.com/en/square/post/22679955606073
🔎 Red Flags to Watch For:
All green candlesticks 📈 (too perfect?)
Unverified or shady contracts
High sell taxes or restricted transfers
Top wallets holding most of the supply
✅ Stay Secure, Binancians:
Don’t FOMO in
Always verify token contracts
Use tools like HashDit (https://www.hashdit.io/)
Revoke token approvals if you got trapped
💛 Learn, share, protect.
#Binancesecurity #HoneypotAlert
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
