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Batch contract testing

Batch contract testing tool

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Batch contract testing

Introduction
Unfortunately, with cryptocurrencies, DeFi and decentralizedExchange (DEX) world is full of scams and various ways to cheat traders and investors out of their money. Often, these scams are referred to as Pixie and withdrawal pools.
The vast majority of these scams occurred on Ethereum (Uniswap or SushiSwap) or Binance Smart Chain (PancakeSwap).
In this article, we will learn how these scams are implemented and some of the strategies you can employ to avoid them.
We wrote this content to help our community and ListingSpy users avoid losing money to scams. ByStudyLet's see the real face of the scam and how to avoid him!

How scams work

Divestment Pool.

When you buy a token, it is usually added to a liquidity pool.

A liquidity pool is a group of funds locked in a contract that provides you with a "pool" for you to buy and sell tokens. Automated market makers use pools to make fast and efficient trades, rather than waiting for someone to match your buy or sell.

What scammers do is launch a new token, attach a liquidity pool to it, and wait for people to start buying. Once enough people have bought the token, the scammer pulls the liquidity pool, runs off with the money, and you're left with a bunch of worthless aircoins.

Typical psychology (open for business brothers!) (One times, twice, five times, hell, Divestment Pool.!)

Pixie

For investors who have not had the energy to work hard and have been repeatedly cut off, Pixie is usually less obvious and therefore more difficult to spot, even for experienced cryptocurrency traders.

Experienced traders usually fall victim to honeypots because they see a token that keeps going up and can't resist rushing in to pike it.

How does the Pixie work?

The scammers insert a piece of code into the contract that allows only their ownWalletsExtraction from the token contract.

They give out coins and people start buying them. You see the tokens keep going up and you think, that's awesome. It keeps going up and there are few or no red candles on the chart. You may look at it for a while but finally can't resist making a bid. Then you find out that the coin can only be bought and not sold because the contract states that no one can sell except for a specific wallet.

Your money is trapped forever and there is nothing you can do about it. The scammers can Divestment Pool. and roll your money away at any time.

Be warned- some of these scams will last for days or weeks and people think they have found a coin of value that is about to go to the moon and then keep buying.

Use the Pixi Bulk Test to check if the contract is a Pixi disk.

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