Let’s talk about copycat tokens and tokens with the same name.
When trading on a centralized exchange, you choose a trading pair, so you don’t need to enter the contract address yourself. When withdrawing to a blockchain, you need to verify the network and token.
To be honest, I hadn’t paid attention to this before either: get the contract address from the project’s official channels, then cross-check it with a blockchain explorer. Don’t search by name alone.
When trading on Binance, $DOGE , you don’t need to worry about the contract address—but there are lots of tokens called DOGE on-chain.
Every potential return comes with a corresponding risk. Think carefully about how much you could lose in the worst case.
#DOGE
When trading on a centralized exchange, you choose a trading pair, so you don’t need to enter the contract address yourself. When withdrawing to a blockchain, you need to verify the network and token.
To be honest, I hadn’t paid attention to this before either: get the contract address from the project’s official channels, then cross-check it with a blockchain explorer. Don’t search by name alone.
When trading on Binance, $DOGE , you don’t need to worry about the contract address—but there are lots of tokens called DOGE on-chain.
Every potential return comes with a corresponding risk. Think carefully about how much you could lose in the worst case.
#DOGE