Post
Topic
Board Altcoin Discussion
Re: Scam Coin On PANCAKESWAP
by
SeaSoul
on 10/05/2021, 14:38:55 UTC
PANCAKESWAP is a fairly new crypto exchange. Many new cryptocurrencies are introduced there everyday.

Are you any scam coins on this site? Anybody faced any scam coins there before?

If you are going to trade on decentralized exchanges you get this warning and you should not ignore this warning and always follow the DEX's warning, scammers know that there are careless people who will ignore warnings because they are in a hurry to trade.



Up to us to do our diligence because if Pancakeswap was in full control over the coins that are getting listed or not, there would also be complaints when Pancakeswap decided to not list a certain coin that the community wants to see listed. Also, what if Pancakeswap makes a mistake and lists a scam without knowing? They would have full responsibility for any harm done. Not a great position to be in. It's a great service and I am ok with doing my own research.