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Security Analysis for Polygon (MATIC)

Contract Address on BNB Chain:
0xcc42724c6683b7e57334c4e856f4c9965ed682bd

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Polygon (MATIC) Security Overview

Polygon (MATIC) security audit report. We analyzed contract 0xcc42...82bd and found 0 potential risks. Is MATIC a honeypot? Check liquidity, owner privileges, and smart contract vulnerabilities now. Real-time MATIC scam detection and safety analysis.

Token Quick Facts

Token Name

Polygon

Symbol

MATIC

Blockchain

BNB Chain

How Our MATIC Security Scanner Works

1Honeypot Detection for Polygon

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

2Contract Source Code Verification

We verify if the MATIC contract source code is publicly available and audited on BNB Chain block explorer. Verified contracts for Polygon 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 Polygon contract ownership to determine if the developer has excessive control over MATIC. 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 MATIC contract.

4Tax Rate Analysis

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

5Liquidity & Holder Analysis

Our 56 scanner checks Polygon liquidity pool locks and holder distribution. We verify if MATIC 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 Polygon investors.

Frequently Asked Questions about Polygon (MATIC)

Q1:Is MATIC safe to buy?

Use our security scanner above to check Polygon (MATIC) for honeypots, rug pull risks, and contract vulnerabilities. The scanner analyzes the smart contract at 0xcc42724c6683b7e57334c4e856f4c9965ed682bd on BNB Chain to provide a comprehensive security report.

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

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

Q3:What is the contract address for Polygon?

The official Polygon (MATIC) contract address on BNB Chain is: 0xcc42724c6683b7e57334c4e856f4c9965ed682bd. Always verify this address before making any transactions to avoid scam tokens with similar names.

Q4:Can Polygon be a rug pull?

Our scanner checks MATIC liquidity locks, ownership status, and contract functions. If the Polygon 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 MATIC?

Use our scanner to check the current Polygon (MATIC) 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 MATIC

  • ✓Always verify the contract address: Double-check that 0xcc42724c6683b7e57334c4e856f4c9965ed682bd is the official Polygon address on BNB Chain
  • ✓Run security scans: Use our tool above to check MATIC for honeypots and scams before investing
  • ✓Start with small amounts: Test Polygon with a small transaction first to verify you can sell
  • ✓Use hardware wallets: Store your MATIC tokens in a Ledger or OneKey wallet for maximum security
  • ✓Research the project: Check Polygon official website, social media, and community before buying

About Polygon (MATIC) Security Analysis

Polygon, trading under the symbol MATIC, is a cryptocurrency token deployed on the BNB Chain blockchain. Our comprehensive security scanner has analyzed the smart contract at address 0xcc42724c6683b7e57334c4e856f4c9965ed682bd 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 MATIC might be a honeypot or rug pull scheme.

When investing in Polygon, 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 MATIC.

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