🔀 3 traps that you should not fall into, like victims of digital currency fraud

✅Honeypot promises mislead digital currency users#EarnFreeCrypto2024 .

🔶The third threat identified by SlowMist is the “honeypot” scam. In this fraudulent scheme, scammers create digital tokens that look promising and offer high returns, but these tokens are programmed to be unsellable. This type of fraud is especially prevalent on decentralized exchanges like PancakeSwap.

🔲To reduce these risks, SlowMist emphasizes the need to take very strict personal security measures. She recommends using blockchain explorers like Etherscan or BscScan, which provide insights through audit trails and user comments, as well as browser extensions like Scam Sniffer, which can detect phishing sites and alert users.