What Is a Crypto “Honeypot” and How to Avoid One Using Tools Like Honeypot.is

HolyFox
6 Min Read

BE SAFYU

Honeypot scams prey on the excitement around new token launches and the barrier to reading complex smart contract code. By combining vigilant manual checks with automated scanners—most notably Honeypot.is—you can filter out the 1‑percenters from the 99% of malicious contracts. Remember: if selling your tokens is harder than buying them, you’re probably looking at a honeypot. Always do your due diligence and lean on reliable detection tools to keep your crypto journey scam‑free.

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