Here is a powerful tip for safely buying BOB on the BNB Chain:
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✅ GOLDEN TIP:
Before buying, ALWAYS check:
1️⃣ Official contract:
Never trust just the name or logo.
Copy the contract from reliable sources like CoinMarketCap, CoinGecko, or the project's official site.
2️⃣ Liquidity:
Check on DEXTools or Poocoin if the trading pair has enough liquidity.
Low liquidity = difficulty selling later.
3️⃣ Slippage:
Many meme coins require slippage of 5% to 10%.
Adjust in PancakeSwap settings to avoid transaction errors.
4️⃣ Verified contract:
Check if the contract is verified on BscScan.
This prevents getting malicious tokens or clones.
5️⃣ Beware of FOMO:
Buying on impulse is a classic mistake.
Analyze the movement: is it at the top or still has room to grow?
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Quick summary:
✅ Confirm contract
✅ Check liquidity
✅ Adjust slippage
✅ Don't enter just for the hype