How to Spot a Promising Project vs. a Scam Token
Not every token listed in the crypto space is worth your money. While Binance already filters projects before listing, it’s still important to know how to separate promising projects from potential scam tokens.
🔹 Signs of a promising project on Binance:
1. Strong fundamentals — the project has clear utility (DeFi, payments, gaming, etc.) and solves a real problem.
2. Transparent team — you can find information about the developers and advisors.
3. Listed on Launchpad or Launchpool — Binance usually does strict due diligence before adding tokens here.
4. Active community & roadmap — regular updates, partnerships, and a clear development plan.
🔹 Red flags of a scam token:
1. Unrealistic promises — “100x in one week” is usually a trap.
2. No transparency — anonymous team with no verifiable background.
3. Low liquidity / strange trading activity — token price easily manipulated with sudden pumps and dumps.
4. No presence on trusted platforms — not supported in Launchpad/Launchpool, no audits, weak communication.
By focusing on Binance-vetted projects (Launchpad, Launchpool, Earn), you minimize the chance of running into scams.
