Safe Trading Guide
Essential Security Checks
Before trading any token, verify these critical security elements:
🔥 Liquidity Pool Status
Check if LP is Burnt:
Use rugcheck.xyz to verify LP status
Burnt LP means developers can't withdraw funds
Unburnt LP is a major risk factor
Verify through block explorer if needed
🖨️ Mint Authority
Verify Mint Status:
Confirm mint authority is disabled
Check using rugcheck.xyz
Enabled mint authority means unlimited token creation risk
Look for "No Mint Authority" confirmation
❄️ Freeze Authority
Check Freeze Status:
Ensure freeze authority is disabled
Verify through rugcheck.xyz
Enabled freeze authority can block token transfers
Avoid tokens with active freeze capability
Trading Protection Features
💸 Slippage Configuration
Default Settings:
Standard trades: 1-3%
Volatile tokens: 5-10%
Emergency only: >10%
Considerations:
Higher slippage increases MEV risk
Lower slippage may cause failed transactions
Adjust based on token liquidity
Risk Management
Position Sizing
Start with small positions
Use percentage-based sizing
Don't overcommit to single tokens
Maintain reserve funds
Portfolio Management
Diversify holdings
Monitor position values
Set stop-loss levels
Track profit/loss
Common Scams to Avoid
⚠️ Impersonator Scams
Verify official bot addresses
Never share private keys
Ignore unsolicited DMs
Check for verified badges
🚫 Token Security Risks
Honeypot tokens
Fake liquidity pools
Copy-cat tokens
Pump and dump schemes
Best Practices
Before Trading
Research the token
Verify security parameters
Check token distribution
Review trading volume
During Trading
Use appropriate protection modes
Monitor transactions
Keep gas fees in reserve
Watch for suspicious activity
After Trading
Review transaction success
Verify received tokens
Monitor position value
Track portfolio changes
Emergency Procedures
If Compromised
Stop all trading activity
Export remaining funds
Contact support immediately
Document all transactions
Suspicious Activity
Report to moderators
Document evidence
Warn community members
Use security mode for remaining trades
Advanced Security Tips
Wallet Management
Use separate trading wallets
Keep minimal required balance
Regular security audits
Transaction Safety
Verify all addresses
Double-check amounts
Confirm gas settings
Review final transaction details
Support and Resources
Getting Help
Official support channels
Community resources
Documentation guides
Emergency contacts
Useful Tools
Rugcheck.xyz
Block explorers
Portfolio trackers
Security scanners
Remember: No trade is worth compromising security. When in doubt, verify multiple times.
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