BNB Smart Chain Token Security Checker
Check if tokens on BNB Smart Chain (BSC) are honeypots. Get comprehensive security analysis including contract verification, ownership status, and trading restrictions.
Recently Checked BNB Smart Chain Tokens
Frequently Asked Questions about BNB Smart Chain Token Security
What makes a token on BNB Smart Chain a honeypot?
A honeypot token on BNB Smart Chain is a smart contract that contains malicious code preventing users from selling their tokens. These contracts often appear legitimate but include hidden mechanisms that trap investor funds. Common methods include manipulating trading functions, implementing excessive sell taxes, or using complex authorization schemes.
How can I verify a token contract on BNB Smart Chain?
To verify a token on BNB Smart Chain, first check if the contract is verified on https://bscscan.com. Look for the contract's source code, review trading functions, and analyze permission systems. Use our honeypot checker tool to automatically scan for common vulnerabilities and trading restrictions. Always verify the token's liquidity and trading history before investing.
What are unique security risks on BNB Smart Chain?
BNB Smart Chain has specific security considerations: lower barriers to token creation have led to numerous scam tokens, and flash loan attacks are common due to high liquidity availability. Always check contract verification status and use trusted DEXs for trading.
How do I check token liquidity on BNB Smart Chain?
To check liquidity on BNB Smart Chain: 1) Use block explorers to view the token's total liquidity and distribution, 2) Check if liquidity is locked and for how long, 3) Analyze the trading pair's depth and volume on major DEXs, 4) Verify if the owner can remove liquidity without notice. Low liquidity or unlocked liquidity pools are major red flags.
What are safe trading practices on BNB Smart Chain?
Safe trading on BNB Smart Chain involves: 1) Using our honeypot checker before any trade, 2) Starting with small test transactions, 3) Setting appropriate slippage based on the token's tax structure, 4) Using trusted DEXs and avoiding suspicious links, 5) Checking contract verification and ownership status, and 6) Being cautious of tokens with unusually high APY promises or aggressive marketing.