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Be careful around unofficial listings, scammers are very active now and they are ready to build any fake tokens with the same name as the unlisted token, their favorite exchange is Uniswap because this dex has the highest volumes and success since the beginning of hype success

1. Be willing to learn first and earn later
2. Ask the team about official listed exchanges
3. Get the smart contract of the project and use that to find the right token on uniswap

I hop this helps some

Most unofficial listing are usually done by this small exchange looking for new members and hoping to increase their volume through unofficially listing a popular project, and yes through this means it is very easy for scammers to take advantage so it will be wise to only interact and transact with the official listing from the project team.

No you are wrong, scammers can even clone any top altcoins that's running on Ethereum smart contract, the token will have same name but different smart contract address, I guess that's why OP said one should get the right smart contract address first

I will just prefer to stay away from uniswap, most popular tokens lists on centralized exchanges too, I have kucoin, binance, Okex etc where they lists coins with their right smart contract address, I don't have to worry about if smart contract is correct or not, this shows that centralized exchanges are safer

Scammers are everywhere around the market and we probably can't avoid it but we do can prevent this. Ofcourse we really need to be careful upon choosing what project we're going to deal with. Because learning is better that fast earning.

Unofficial listings can be a trap, do not trade on exchanges that list a token unofficially, most especially if the exchange is DEX, many have been trapped by this before and they never recover their money, stop been stupid and start acting smart.

The contract address is the key to be safe. Always get to check those because if you don't, you'll likely buy those fake tokens.
Check the team if it's legit because they are also copying the team.

That's great advice I personally didn't now about that, great thing that you've brought that up to the community. I really do think that unofficial listing is really risky maybe it's much better to wait for the official listing to avoid getting scammed.

Dex isn't 100% safe to say the truth, the only thing DEX got right is users are in total control of their funds but still users can be deceived into buying fake coins, scammers roams free on dex exchanges with full confidence since there is nothing to stop them, you can't sell fake coins on centralized exchanges because every listed coins and tokens on Centralized exchanges have their contract address intact.

You don't have to be told that unofficial listings are dangerous to mingle with, scammers can easily achieve their aims by making an unlisted token available for sell on their exchange, always buy coins and tokens from officially listed crypto exchanges, as the team through their telegram groups

in fact that scamers always have many ways to trick their victims. there are many new projects or old projects reviving and offering sweet promises such as tokens soon listed on Uniswap (Hype Defi) with high selling prices. I always advise anyone to be more careful and wise before making an investment decision at Defi.

This is really useful for anyone who wants to ivnest their money in a cryptocurrency start-up project, espiciallt at this high time when the decentralized market seems to have the bull momentum. Many friends of mine have lost their money cause of arbitrarily investing in an unknown projects without making any deep research. This is very irresponsible and I do not condon for this action even they are close friends to me

As an investor, you need to understand the concept of blockchain as well as related project. Many have used the same term and policy to lure people into a fraud scheme. And as long as there are people being deceived, there will always be deceivers.

Some projects are introduced with 'listing on uniswap soon' and later they vanished into thin air, as much as I can tell scammers can take advantage of anything at any time, uniswap and other dex platforms embrace any move from users, freedom that's what decentralized gives to its users and scammers will always be there to take that freedom advantage.

That's why it's better to invest in projects we already see in exchanges, since projects who are already in exchange is somehow still risky then what more those projects who are not really listed in top exchange. Many still join in projects that promised them good number and will let them hope that it will be listed sooner until the team gone and the coins will just be useless so always make research before investing.

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Following social media channel such as telegram or Twitter is the best option to avoid tonot  become victim of fake tokens .

Or else don't use unisswap and wait for other exchange listing .if the project is good enough they will surely make it as priority to list in other popular exchange.

It's indeed a serious concern because it's the same as phishing or scamming but we can't do anything because it's dex we are talking about where people are being given the freedom and honestly I think dex users should be someone who knows what they are doing. for people who still kinda new in crypto better use centralized ones.

Thanks OP for the awesome advise especially to those who are new to uniswap and other DEX in general, however I doubt if there is "official listing" on uniswap, since anybody can add a pair and provide liquidity for trading to commence. The best way to differentiate fake token from real is by obtaining the real smart contract, another way is to check for LOGO if the token logo is on uniswap. Probably you imply projects with logo on uniswap are officially listed, but that's not accurate. Thanks again for the wonderful input.

If you are interested in investing in a project, try to get confirmation about the information you get, at least you can ask them on their telegram group or twitter. Currently there are a lot of cloning projects, and some peeps got scammed already, especially newbies. This is what makes communication and social media become very important. always confirm everything before you spend money

What you said is true. Alot of scammers are in the crypto-space now. One really to be careful before he/she fail victim of fake listing.

The explanation above you just explained it all, the very best thing we should do at this moment should be to learn the way this industry works before the earnings. But many got this wrong because they thought that earning should be the first thing which is wrong. Learning the technology will create enably environment for the learner to be smarter and be able to scale through the hands of these scammers in any way they tend to go.

https://www.cryptyk.com/

Is it a scam for you?

You might be wrong though. I have seen a situation where some project DeFi has unofficial listing and they aren't really scam.
DIA project conducted a bonding curve that lasted for 2 good weeks, in other for early bird ls to make quick profit, they decided to make unofficial listing on Uniswap and provided liquidity them self. Since there were price differences between Uniswap and Team bonding curve sell, they were buying tokens from the team and selling to UniSwap for quick profits.
There are also some projects where whale make unofficial listing on Uniswap with huge liquidity that are listed on centralized exchanges such as Binance, Houbi, Okex and others with the real smart contract since they can sell back to the exchange even if traders dump on Uniswap, they wouldn't really bother. Those are business minded people and ready for profit.
However, everyone need to be careful when dealing with decentralized exchanges.

The most important thing before investing into a project, is to know the credibility of the team, if you are not sure, don't buy into it and the second is the tokenmetrics of these tokens, do not FOMO into any project if you not sure of the circulating supply and the vesting period, some good project destroy their project not that the developers are not good but because they gave the VCs control of their tokens

This incident is not something new anymore for those who have joined crypto for a long time, maybe there are some who remember about etherdelta or forkdelta, there are so many tokens that have the same symbol and now the target of scammers is uniswap, but now uniswap has done security by displaying name and contract address before we trade

It's easy for people that knows technical but hard to differentiate for people who just barely know about crypto. even though the scam is obvious but so many people are trapped into the scam it's just we don't know it happens because they let it unreported. uniswap should just remove this feature altogether tbh

The scam token can be avoided when you do know about the real smartcontract that was actually getting published by the developers. It looks like you didn't understand the point. It needs the time for CMC to make verification to the platforms and collect all of the data to be used for listing purpose.
If you can get that information directly from the team and why not? there's not a lot of differences.

I think while trading at the decentralized exchanges it is the first or basic rule to check and confirm the token contract address to make sure that it is the same token that you want to buy. So i do not think that any serious trader or person who has used these exchanges will make such a mistake and buy without confirming.

Actually, that's the best way how to know the real token, to get the smart contract address from their official website or official social media channel. Better ask the address from the team themselves, and you can never go wrong with that. And then, look for that address on uniswap. Because if you will type the name itself, you may get imitations. So better copy-paste the smart contract address itself.

Thanks for the warning, yes, I have seen scammers exploited Uniswap dex and create a false token and smart contract address, the name is almost similar to the original one that's why it's hard to detect initially and there could be noobs who have fallen for this scheme and I'm sure millions are also lost because of this trap. Again, to everyone out there, be careful about the Defi and Uniswap hype, check everything and don't be the next victim here.

Yes, it happened to me when I was new n crypto. Even the coin was listed (officially) on two exchanges, i was able to see trading on two more exchanges which were not in co-operation with the project. Also, the price difference was huge among those. Sometimes I wonder if this is possible without the involvement of teams.

Point no1 is so important, people should learn first. Because if you know it you will avoid getting scammed.
For point no2 even if you don't ask the team about that, if you keep follow no3, always check the smart contract of the project, because no smart contract is same.

There are so many fake token listed on many DEX so its a good idea to ask the team about the formal listing or else you’ll ended up losing your token so don’t trust any exchange easily. Smart contract is the best way to confirm if the project is legit, learn the process first if you’re a newbie and don’t invest without any knowledge.

Great tips to spread so that we can prevent from getting scammed. And basically this is why we need to investigate because learning is a must and lets do our own due deligence in this matter because it is hard to get scam nowadays. We have to deal a great time researching about the prospect project so that it can help us avoid shitcoins composed by a scammer from the market.

Good info mate, scammers can take advantage of any new project with unofficial listings, it's better to wait for official listing unless the project token or coin is already available on dex but still official listings is recommended than any other

welcome to Altcoin world when there are tons of scamming happening,and the sad part?until now there are still becoming victims
even how many threads has been created to help them analyze and learn about how to prevent from being victim.

Look at your thread here as clearly stating how these scammers move but people will ignore this and just go on their way investing.

DEX now is the favorite place of scammers because too much hype and too much Noob that entering and investing
in this Area in which Scammers love to place their strategy.

This is true and it is getting much, hence the reason every project team with the aim of listing on Uniswap will also make it mandatory to state right from the onset that they are not listed on Uniswap, this will go a long way in educating investors on any unofficial listing. Not only that, owing to the fact it is easy for scammers to list a fake token, project team also ensures to add the trading link of Uniswap on their pinned message, so that it will be easy for investors to trade correctly. Lastly, owing to this issue of scammers and Uniswap unofficial listing, this is why it is very important for someone to research first about a project before investing, because it is through this way that the person will know if the token is trading, the exchange and the trading link if possible.