Post
Topic
Board Service Discussion (Altcoins)
Topic OP
Wary of Bsc
by
Stunzz
on 30/08/2021, 17:36:59 UTC
Investing in new tokens nowadays are more riskier especially since the introduction of the Smart Chain Network, which however boost a lot of scam/unpremeditated tokens into existence.

In fact, numbers of token are being airdropped into my BSC Wallet on a weekly basis, however most of them are presumed scam.. I mean since I don't work in promoting them, I don't see why I should be getting them. And I learnt one's wallet can easily get ripped by trying to trade them.

What I don't seem to understand is if;
I. I'm experiencing all these because DeFi/DEX are still in their infancy stage.
II. Or simply because the network is not yet fully decentralized.

I know majority of these upcoming project prefers the Bsc network because the gas fee is relatively low... But is there a simple and better logic to detect project is scam.