An interesting scam exists on DEX exchanges.
Some team buys telegram channels with the theme of cryptocurrency and promotes it by publishing signals and giving information on coins to warm up the audience, analysis and behaving like a trader.
Next, insider signals allegedly buy and send a screenshot of the purchase to the channel. (After the screenshot they write that the signal will arrive in 10-15 minutes).
Next, a link arrives where you can purchase a token and a video about purchasing a coin (the video is real since the transaction is visible in the history of the coin).
Pairs and liquidity (pools) are artificially created there.
The coin always goes up. But after the purchase you can see beautiful numbers, but in reality you can say goodbye to your coins that you swapped for.
How does this happen:
- They are looking for information on the service where the coins are in ICO status.
- They create a copy and publish it on the blockchain, mainly Ethereum or Bnb.
- A link to a coin swap is shared with a warmed-up audience.
- After a swap (exchange), this coin cannot be exchanged.
- After the dates specified in the ICO, the coin is deleted.
Be careful when working with DEX exchanges and most importantly check the contracts of dubious coins!
