In the video "Find newly listed tokens on Decentralized Exchanges and avoid scams", we use a site which introduces various new cryptocurrencies, to find tokens that are newly being paired on decentralized exchanges (newly listed tokens), so that we can buy the token before it is listed on centralized exchanges.
This video also provides tips for recognizing scam tokens so you can identify projects that are built for fraud.
What is a crypto token?
Tokens are a type of cryptocurrency or digital currency that developers have created on the blockchain of another cryptocurrency.
USDT and Shiba inu for example.
Why decentralized exchanges?
Because adding tokens to decentralized exchanges is usually the first step of the token team.
And many popular tokens are listed on decentralized exchanges initially or simultaneously with prominent centralized exchanges.
The website dexscreener.com is a site that can help you discover newly paired tokens
easily and it also shows so many information about the token
for example it's chart, contract, liquidity and much more.
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Video content
- Finding promising tokens
- Tracking newly listed cryptocurrencies
- Security audits
- Buy a token
- Evaluation in Blockchain Explorer
- Identifying Honeypot tokens
- Token contract code
- Liquidity pool
- Rug pull scam
- Holder analysis
Also, the tips mentioned in the video Find newly listed tokens on Decentralized Exchanges and avoid scams,
Enables you to identify scam tokens especially
Rug pull and honeypot tokens, a honeypot is a method
in which a user cannot sell a token after purchasing it!
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Please note that buying tokens before it is listed on a centralized exchange is very risky
And it is always possible to fall into the trap of fraudulent projects,
and these markets usually have many ups and downs.
Therefore, please carefully review the section on identifying scam tokens and,
if you wish to invest, do so with great care.
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