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How To Avoid Crypto Scams 2023
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What is honeypot?
Honeypots are crypto scams that allow investors to purchase tokens but disable the selling of those tokens. The scammer would insert a code into their smart contracts which only permit certain addresses in their favour to sell the tokens. This then leaves the unsuspecting investors with worthless tokens.
Honeypots are crypto scams that allow investors to purchase tokens but disable the selling of those tokens. The scammer would insert a code into their smart contracts which only permit certain addresses in their favour to sell the tokens. This then leaves the unsuspecting investors with worthless tokens.
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