Search and add tokens in CandySwap
🌐🐬CandySwap is a decentralized exchange that allows users to trade by adding tokens and utilizing the liquidity they provide. Here is a guide to searching and adding other tokens to the trading selection list in CandySwap to help you better use the platform.
Operation guide for adding tokens
- Click the link below to open the CandySwap web page:
- Click the
Connect Wallet
button in the upper right corner, select your wallet type (such as MetaMask plugin wallet), enter the password, and complete the wallet connection.
- Click the
▽
button of token management according to the picture prompt below to enter the select a token interface. - Copy and paste the contract address of the token into the search box that selects the token, that is the search for the token is automatically conducted.
- Click the
Import
button to proceed to the next step.
- After confirming that the token contract address and token name are correct, click the
Import
button to add. - After confirming the risk, check
I understand
and click theImport
button.
⭐️Tip: CandySwap will provide risk tips when you add project tokens with low on-chain users and liquidity.
After the successful addition, you can find the newly added token in the asset option when selecting the transaction, and trade or participate in other operations.
Steps to identify the authenticity of a project
As a public chain, Qitmeer Network allows anyone to issue tokens of various names on the chain, which may result in the existence of tokens with the same name or no value.
Therefore, before adding tokens to CandySwap for trading, we must accurately identify the authenticity of the project and the contract address of the token.
🪼To make a quick judgment, users can distinguish by the following steps:
Check the website: For details on the project’s background and token contract.
Observe social media activity levels: Learn about the project’s update frequency and community feedback on social media.
Review the economic model: Ensure that the project economic model is reasonable and transparent.
Verify contract address: Use the blockchain explorer to confirm the contract address of the token.
With these clear steps, users can quickly and accurately judge the credibility of token projects and reduce latent risks.
Methods for querying token information
- Visit the Qitmeer block explorer, enter the token name or contract address, click the search button, and you will be able to view the information related to the address.
This article uses the Qitmeer test token “meeer Token” as an example
- In the search results, users can query information about the token such as contract address, maximum supply, number of holders, and transaction records.
That before proceeding with any actions, make sure to carefully verify that the token contract address matches the one provided by the project team to avoid potential risks.
⚡️Please note that this tutorial is a how-to guide only and does not constitute any investment advice. Investing always comes with risk and it is hoped that you will exercise caution, research and verify before entering into any trade.