Meme quick guide: copycats and same-name tokens
· On-chain, anyone can issue a token with the same name and ticker. Having the same ticker doesn’t mean it’s the same token.
· When trading on a centralized exchange, you select a trading pair and don’t need to enter a contract address yourself. You only need to check the network and token when withdrawing to the blockchain.
When trading $DOGE on Binance, you don’t need to verify the contract address, but there are many tokens called DOGE on-chain. Current price: 0.08045.
· On-chain, anyone can issue a token with the same name and ticker. Having the same ticker doesn’t mean it’s the same token.
· When trading on a centralized exchange, you select a trading pair and don’t need to enter a contract address yourself. You only need to check the network and token when withdrawing to the blockchain.
When trading $DOGE on Binance, you don’t need to verify the contract address, but there are many tokens called DOGE on-chain. Current price: 0.08045.