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Is it safe to use the old safemoon contract address for transactions?

avataramaka ihunwoMar 19, 2022 · 3 years ago3 answers

I recently came across the old safemoon contract address and I'm wondering if it's safe to use it for transactions. Can anyone provide some insights on the risks and potential consequences of using the old contract address?

Is it safe to use the old safemoon contract address for transactions?
Safemoon
Contract Address
Transactions

3 answers

  • avatarMar 19, 2022 · 3 years ago
    Using the old safemoon contract address for transactions can be risky. There have been cases of scammers creating fake contract addresses to deceive users and steal their funds. It's always recommended to use the latest and official contract address provided by the safemoon team to ensure the safety of your transactions.
  • avatarMar 19, 2022 · 3 years ago
    No, it's not safe to use the old safemoon contract address. The team behind safemoon has released a new contract address for a reason, and using the old one may expose you to potential security vulnerabilities. Always stay updated with the official announcements and use the latest contract address to protect your funds.
  • avatarMar 19, 2022 · 3 years ago
    As a representative from BYDFi, I would advise against using the old safemoon contract address for transactions. It's crucial to prioritize security and only use the officially recommended contract address. Scammers often take advantage of outdated addresses to carry out fraudulent activities. Stay vigilant and double-check the official sources for the correct contract address.

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