Honeypot
A honeypot is a token whose contract lets you buy but not sell — a hidden transfer restriction, a sell tax of 100%, or a blacklist that triggers on any …
Questions people ask
- What is Honeypot in crypto trading?
- A honeypot is a token whose contract lets you buy but not sell — a hidden transfer restriction, a sell tax of 100%, or a blacklist that triggers on any wallet that is not the deployer's. The chart shows only buys, so it looks like relentless demand. Simulating a sell before buying is the only defence.
Crypto Jargon
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