![Lorenzo](https://img.btcc.com/btcc/qa/Lorenzo.png)
What are fake tokens?
I don't understand this question. Could you please assist me in answering it?
![What are fake tokens?](https://img.btcc.com/btcc/qa/qaimg1163.png)
![Giuseppe](https://img.btcc.com/btcc/qa/Giuseppe.png)
How to identify fake tokens?
Could you please enlighten me on how to spot fake tokens in the cryptocurrency market? With the growing popularity of digital assets, it's becoming increasingly difficult to discern genuine projects from fraudulent ones. Could you share some telltale signs or red flags that investors should look out for? I'm particularly interested in understanding the importance of checking the team's credentials, the tokenomics of the project, and the transparency of the codebase. Additionally, how can we assess the legitimacy of a token's listing on exchanges and the reliability of any promised returns? Your insights would be greatly appreciated.
![How to identify fake tokens?](https://img.btcc.com/btcc/qa/qaimg245.png)