Quote from: tvplus006 on Today at 12:40:49 PM

Quote from: luckyflop on November 07, 2020, 01:31:43 PM

...how we can help to reduce scams on DEXes?..

I think very few newcomers start working with DEX without having experience with centralized exchanges. Therefore, everyone should know that there are a lot of fakes on decentralized exchanges. Everyone should know how to buy a coin using the contract number, and also need to choose to buy a token that has an audit check.

This is why I always ask for a smart contract of a new project because it can’t copy by those scammers and this is the way to invest with legit projects. Well, the victim of those scams are not just newbie some are also professional which is alarming of course, Uniswap is a great platform but since scammers are targeting this platform, you have to be very careful before you invest.