Always practise high safety and security precautions for memecoin trading:
- Do Your Own Research
Investigate the memecoin, its team, and its community before investing. - Beware of Scams
Be cautious of phishing attempts and fake projects. Always verify the legitimacy of any platform or offer. - Secure Your Wallet
Use strong, unique passwords and enable two-factor authentication (2FA) for your crypto wallets. - Secure Your Key / Seed
Never share your private key / seed with any stranger. - Secure Wallet Connection
Never connect unknown 3rd party Website / App - Use Reputable Exchanges
Only trade on well-known and reputable cryptocurrency exchanges. - Diversify Your Portfolio
Avoid putting all your funds into one memecoin. Spread your investments to reduce risk. - Token Security Check
Always check token security permission (Freeze, Mint, Mutable, Tax, Top Holdings & Liquidity Pool Burnt) before buying. - Avoid FOMO (Fear of Missing Out)
Make investment decisions based on research, not emotions or hype. - Set Clear Limits
Decide in advance how much you’re willing to invest or lose and stick to it. - Beware of Pump-and-Dump Schemes
Be cautious of coordinated efforts to artificially inflate and then crash the price. - Consult Experts
When in doubt, verify with legitimate / official sources.