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Security Analysis for Magic (MAGIC)

Contract Address on Arbitrum One:
0x539bde0d7dbd336b79148aa742883198bbf60342

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Magic (MAGIC) Security Overview

Magic (MAGIC) security audit report. We analyzed contract 0x539b...0342 and found 0 potential risks. Is MAGIC a honeypot? Check liquidity, owner privileges, and smart contract vulnerabilities now. Real-time MAGIC scam detection and safety analysis.

Token Quick Facts

Token Name

Magic

Symbol

MAGIC

Blockchain

Arbitrum One

How Our MAGIC Security Scanner Works

1Honeypot Detection for Magic

Our scanner simulates buy and sell transactions for MAGIC to verify if the token can be sold after purchase. We check for hidden restrictions in the Magic smart contract that could prevent investors from selling their holdings. This is one of the most common scam tactics on Arbitrum One.

2Contract Source Code Verification

We verify if the MAGIC contract source code is publicly available and audited on Arbitrum One block explorer. Verified contracts for Magic demonstrate transparency and allow security researchers to identify potential vulnerabilities. Unverified contracts are high-risk and should be avoided.

3Ownership & Centralization Risk

Our tool analyzes Magic contract ownership to determine if the developer has excessive control over MAGIC. We check if ownership is renounced, locked in a timelock, or controlled by a multisig wallet. Centralized control increases the risk of rug pulls and unauthorized changes to the MAGIC contract.

4Tax Rate Analysis

We examine buy and sell tax rates for Magic ($MAGIC) transactions. Excessive taxes can significantly reduce your profits and may indicate a honeypot or tax farming scheme. Our scanner identifies if MAGIC has dynamic taxes that can be changed by the contract owner on Arbitrum One.

5Liquidity & Holder Analysis

Our 42161 scanner checks Magic liquidity pool locks and holder distribution. We verify if MAGIC liquidity is locked (preventing rug pulls) and analyze if whales control a large percentage of the supply. High concentration in few wallets increases manipulation risk for Magic investors.

Frequently Asked Questions about Magic (MAGIC)

Q1:Is MAGIC safe to buy?

Use our security scanner above to check Magic (MAGIC) for honeypots, rug pull risks, and contract vulnerabilities. The scanner analyzes the smart contract at 0x539bde0d7dbd336b79148aa742883198bbf60342 on Arbitrum One to provide a comprehensive security report.

Q2:How do I know if MAGIC is a honeypot?

A honeypot token allows you to buy but prevents you from selling. Our scanner simulates Magic buy/sell transactions to verify if you can actually sell MAGIC after purchase. We also check for hidden functions that could lock your tokens.

Q3:What is the contract address for Magic?

The official Magic (MAGIC) contract address on Arbitrum One is: 0x539bde0d7dbd336b79148aa742883198bbf60342. Always verify this address before making any transactions to avoid scam tokens with similar names.

Q4:Can Magic be a rug pull?

Our scanner checks MAGIC liquidity locks, ownership status, and contract functions. If the Magic developer retains control to mint tokens, pause trading, or withdraw liquidity, there is rug pull risk. Always check our security report before investing.

Q5:What are the buy/sell taxes for MAGIC?

Use our scanner to check the current Magic (MAGIC) tax rates. High taxes (>10%) can significantly reduce your profits. Be wary of tokens with taxes that can be changed dynamically by the contract owner.

⚠️Safety Tips Before Buying MAGIC

  • Always verify the contract address: Double-check that 0x539bde0d7dbd336b79148aa742883198bbf60342 is the official Magic address on Arbitrum One
  • Run security scans: Use our tool above to check MAGIC for honeypots and scams before investing
  • Start with small amounts: Test Magic with a small transaction first to verify you can sell
  • Use hardware wallets: Store your MAGIC tokens in a Ledger or OneKey wallet for maximum security
  • Research the project: Check Magic official website, social media, and community before buying

About Magic (MAGIC) Security Analysis

Magic, trading under the symbol MAGIC, is a cryptocurrency token deployed on the Arbitrum One blockchain. Our comprehensive security scanner has analyzed the smart contract at address 0x539bde0d7dbd336b79148aa742883198bbf60342 to identify potential risks and vulnerabilities that investors should be aware of.

Our analysis detected 0 security concerns. The contract is not open source, which may limit transparency. Transaction taxes are set at N/A% for buying and N/A% for selling. These metrics are crucial for evaluating whether MAGIC might be a honeypot or rug pull scheme.

When investing in Magic, always verify the liquidity pool status, check for ownership renouncement, and analyze holder distribution. Use our free scanner to detect scams, honeypots, and malicious contract functions before making any investment decisions in MAGIC.

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