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QuiNVarium Wallet

Tokens

Distinguish a network coin from a token and verify contract details before interacting with an unfamiliar asset.

A network coin is native to its blockchain and commonly pays network fees. A token is issued by a contract or protocol on that network and can share a name or symbol with unrelated assets.

Verify a token#

  1. Confirm the network.
  2. Confirm the contract address through a trusted project or explorer source.
  3. Compare decimals and symbol only after the contract matches.
  4. Treat an unsolicited token as untrusted.

Token balance and fee balance#

Owning a token does not necessarily provide the native asset needed to transfer it. The wallet can show a token balance while a send action remains unavailable because the network fee asset is missing.

Fake value#

A displayed token price or name does not guarantee liquidity, redeemability or legitimacy. Do not sign a contract interaction to claim an unexpected balance.

See Manage assets and Suspicious assets and dApps.