Honeypot Scams: What It Means And How They Trap Crypto Traders

Honeypot Scams: What It Means And How They Trap Crypto Traders

Honeypot scams are one of the dirtiest tricks in crypto. They look harmless at first, sometimes even promising. You buy in, the price rises, and it feels like you’ve found a gem. But try to sell? You’re stuck. Behind the scenes, the smart contract is rigged. It’s coded to block your ability to withdraw or sell. You’re holding worthless tokens in a fake project designed to look real. That’s the game. What a Honeypot Looks Like On the surface, hon…