Beware of Fake Token Scams

Fake Token Scams

Decentralized Finance (DeFi) has been getting the attention of a lot of new users that want to join the cryptocurrency space. Unfortunately, this rapid growth has also attracted malicious actors seeking to take advantage of the enthusiasm surrounding the DeFi space to manipulate and execute scams against honest participants.

Anyone can easily mint a token.

It is the user’s responsibility to know the tokens they are investing in. The Slope Wallet app cannot tell if a project is legit unless it has been manually added to our asset database after a careful review.