How to check if a token is legitimate before using it

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Before you receive or interact with a token, you can check a few details in a public transaction explorer to confirm it's the real token and not a fake copy.

What to check

Look up the transaction or token on the transaction explorer for that network (for example, Etherscan for Ethereum-based tokens) and confirm all of the following:

  • The contract address shown in the explorer matches exactly the address published on the issuer's official page.
  • The name of the contract creator matches the legitimate issuer of the token.
  • The "Interacted With (To)" field shows the correct contract for the token you want to receive or use.
  • The "ERC-20 Tokens Transferred" section shows the official logo, the correct token name, and the matching ticker.
  • The "Token Tracker" section shows the official logo, the full token name, and the correct ticker.
  • The price per unit shown matches what you'd expect. For example, a stablecoin pegged to the dollar should trade close to 1 USD.

If something doesn't match

⚠ Missing: specific steps to include here (for example, whether to avoid interacting with the token, avoid sending funds, or contact support). This information was only available through an internal link in the original draft and needs to be confirmed before publishing.


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