# Check a token before you buy it

> Market shows tokens but doesn't vet them. Before you tap Buy, check the contract address, the Risk Assessment, the liquidity and who holds the token.

URL: https://docs.fxwallet.com/market/check-a-token-before-you-buy
Last reviewed: 12 October 2026

Before you buy a token you found in **Market**, check that it's the token you mean, that it isn't flagged as risky, and that you could sell it again. Being in Market, in a list such as top gainers or trending, or in a Market Feed card doesn't mean a token is safe or that FxWallet recommends it.

## Check the token

On the token's page:

1. **Make sure it's the token you mean.** Several tokens can share a name, a symbol and a logo. Compare **Contract address** under **Token Info**, and the network, with the ones on the project's official website. Find that website through a source you already trust, not through the token page's **Website** link or a link someone sent you.
2. **Read the risk check.** **Risk Assessment** is an automated check of the token's contract by GoPlus, a third-party security service. Tap its summary to see each item.
   - **High risk**: the contract can stop you buying or selling, the developer can change balances, freeze accounts or take back control, or a buy or sale is taxed more than 10%. Tokens like these are often scams: see [Tokens you can't sell](https://docs.fxwallet.com/security-and-scams/fake-tokens-and-offline-trading-scams#tokens-you-cant-sell).
   - **Moderate**: something needs a closer look, such as source code that isn't public, a contract that can create more tokens, a trading tax or low liquidity.
   - **Low risk** isn't a guarantee: the check can miss new tricks, and some contracts can be changed after you buy.
   - No **Risk Assessment**, or **Unknown**, means FxWallet has no risk data for the token. That doesn't make it safe.
3. **Check that you could sell it.** **Liquidity** is the money in trading pools for the token. When it's low, your trade moves the price against you, and a large sale may find no buyer at a fair price. A high **Top 10 holding share** under **Large-holder Distribution** means a few addresses could sell at once and crash the price.
4. **Compare the two values.** **Market cap** counts the tokens in circulation, and **Fully diluted valuation** every token there will ever be. When the second is much larger, many tokens are still to be released, and their sale can push the price down.
5. **If you're unsure, start small.** Buy a little and sell part of it before you buy more. It costs two network fees, but it shows whether you can sell.

## Buy the token

**Buy** opens **Swap** with the token filled in. On EVM networks, Swap won't let you buy a token that its security data flags as a scam, and it warns you about a high tax or price impact. See [Why can't I swap this token?](https://docs.fxwallet.com/swap/why-cant-i-swap-this-token)

> **Warning**
>
> A swap can't be reversed, and no check catches every scam. If a token turns out to be one, nobody can get your money back, FxWallet included.

Check the token, the network and the amount before you confirm. See [Swap fees and slippage](https://docs.fxwallet.com/swap/swap-tokens) for what a swap costs.