Honeypots are especially common on BNB Chain (formerly Binance Smart Chain): you can buy, but not sell. Paste the contract address (0x…) and check before you buy.
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A honeypot is a token whose contract blocks sells or taxes them so heavily that almost nothing is left. The chart goes up because people can only buy. On PancakeSwap such a coin looks perfectly normal at first.
Lots of buys but hardly any sells in the transaction list. A sell tax above 10%. An unverified contract. And promises like “100x guaranteed” in Telegram groups.
Yes. If the developer can change fees or block wallets, they can do it after you buy. The check shows whether the contract contains such rights.
Yes. Any BNB Chain token with a contract address (0x…) is detected, whichever exchange it trades on.
No. The check only shows warning signs in public data at the time of the request. Not financial advice.