Trading Risks¶
Trading is not a neutral action. Every venue in this chapter can lose you money for reasons that have nothing to do with being right about price. This page lists the risks to check before you sign.
Market risks¶
- Volatility. The price can move sharply while a transaction is pending. A quote is not a guarantee.
- Thin liquidity. A small pool means a large order moves the price against you. Check the price impact and the pool depth before confirming.
- Slippage and MEV. On a decentralized exchange, a validator or bot can reorder transactions around yours. A slippage tolerance that is too high invites a worse fill; one that is too low makes the swap fail.
- No circuit breaker. A confirmed on-chain swap is final. There is no support line that can reverse it.
Token and issuer risks¶
- Contract risk. The BSC BTG is a BEP-20 contract. A bug, an owner control, or a pause function can affect transfers. Read the contract page and the issuer's disclosures.
- Not native BTG. The BSC token and native BTG are separate assets with separate supplies and markets. Do not treat one as a deposit of the other.
- Conversion risk. If a bridge or issuer conversion exists, it adds another counterparty. This site does not document one.
- Copycat tokens. A token with the same name and symbol at another address is a different asset. Use the address in Check the BTG Contract.
Venue risks¶
- Binance Alpha is a Binance product with account, region, and order-type restrictions. Availability can change, and the token page may show a risk-control notice. Follow the notice on the page.
- PancakeSwap is a self-custody venue. You are responsible for the wallet, the network, the approval, and the gas. A malicious token or a fake site can drain a wallet.
- Both can be unavailable during maintenance or congestion. Do not plan a time-critical transfer around a single venue.
Approval and wallet risks¶
- Selling a BEP-20 token usually requires an approval before the swap. An unlimited approval lets the contract spend that token later; revoke it when you are done.
- A signature request can authorize more than a swap. Read the prompt, especially if it mentions
Permit,Approve, or an amount larger than your trade. - Never enter a recovery phrase on a trading site. No legitimate swap needs it.
Before you confirm¶
- The contract address matches the verified one.
- The network is BSC chain
56. - The pair is BTG/USDT and the venue is the official one.
- The price impact and fee are acceptable to you.
- You can afford to lose the amount involved.
Nothing on this site is investment advice. If you are unsure, do not trade.