🚀🔐 TOKEN: The Key to the Web3 Universe 🔐🚀

If you've already entered the crypto world, you must have heard of tokens — but did you know that they are much more than just “digital coins”?

💡 A token is a digital asset created and managed by smart contracts within a blockchain. It can represent money, utility, voting rights, access to services, or even real-world assets.

📌 Common types of tokens:

🪙 Utility Token: access to features or services of a project.

💵 Stablecoin: value pegged to fiat currencies like the dollar.

🗳 Governance Token: grants voting power in protocol decisions.

🖼 NFT: unique tokens that represent digital ownership.

🌐 TOKEN in the context of Web3 and DEXs

The Binance article "Web3 Security – SAFU Trading on Decentralized Exchanges" explains that tokens are the essence of DEXs (decentralized exchanges).

📍 In a DEX, you trade directly with smart contracts, without intermediaries. This brings freedom and variety, but also risks:

⚠ High slippage (difference between expected and executed price)

⚠ Low liquidity (few funds to trade)

⚠ Scams like fake tokens, rug pulls, and honeypots

🛡 How to keep your TOKEN safe in Web3

✅ Check the official token contract (never rely solely on the name)

✅ Always start with small amounts

✅ Check liquidity and volume before trading

✅ Avoid interacting with suspicious airdrops

✅ Use only audited DEXs and projects

💬 Conclusion

Tokens are the passport to the Web3 ecosystem. But, just like in an open market, not everything that shines is gold — you need to know how to differentiate real value from traps.

🛡 Stay SAFU, stay informed, and explore the crypto universe intelligently.

🔗 Read more:

📖 Binance Blog

🔐 Binance Security

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