What are fake tokens?
Perry avatar
Written by Perry
Updated over a week ago

Anyone can create a new token, and decide to issue it. It is important to check the token contract address, and ensure it is verified. Also, liquidity pool creation on DEXs is permissionless so anyone can create a new pair with a fake token that has the same name and token image as the real thing. To avoid that kind of scam, always select tokens from the official token lists on the DEXs, and don't use links from other places. If something is not adding up or feels incorrect, please reach out on Discord or through our help desk to verify before proceeding.

For any additional questions, please view our other knowledge base articles or contact a support team member via the chat button.

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