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Is PinkSale Finance Safe? – A PinkSale Review

Although the cryptocurrency market is believed to be the future, it is still not a safe place. This is mainly because people are uneducated regarding cryptos. Understanding the basics of blockchain, cryptocurrencies, tokens, mining, and other aspects of every crypto project is crucial. This way, nobody can scam you out of your money, which is something that occurs quite often in this space. Before even considering investing in a project, please take your time to do your own research (DYOR).

This article is about the legitimacy of PinkSale Finance, a major launchpad protocol. We will focus on the main features of this project as well.

What is PinkSale Finance?

Simply put, PinkSale Finance is a crypto launchpad protocol. New projects can use PinkSale Finance to begin their journey and raise funds so that they have a smooth debut. PinkSale Finance also provides services such as token creation. This makes it even easier for people to begin their own projects. At the time of writing, PinkSale supports seven blockchains. These blockchains are:

• Binance Smart Chain
• KuCoin
• Polygon
• Ethereum
• Avalanche
• Fantom
• Cronos

PinkSale also offers its own token known as PinkSale (PINKSALE). This token is a BEP-20 token as it operates on the Binance Smart Chain (BSC). PINKSALE is a utility token and can be used for launching and purchasing tokens on an ongoing launchpad. Launchpads that use PINKSALE to get funds are known as PinkPads. To be transparent, PinkSale Finance provides a document where they basically explain everything regarding their project, including their launchpads, airdrops, token, and future plans. 

Because of these features, PinkSale Finance is a great platform for crypto beginners that are interested in launching a token or creating a launchpad. Moreover, PinkSale also provides a service where you can create an airdrop for your project. 

PinkSale Finance’s Legitimacy

Unlike several other crypto projects, PinkSale Finance has two main systems when it comes to safety: The Anti-Bot & Anti-Rug Systems. The Anti-Bot system is basically designed to stop bots from participating on launchpads. This is done in order to reduce the possibility of a dump after the token makes its debut in the market. The Anti-Rug system, on the other hand, functions to make it impossible for the team to rug the project after the token makes its debut in the market. This system makes the team lock their tokens and implement a specific vesting mechanism so that the token cannot be rugged. These two systems increase the legitimacy of PinkSale.

So, is PinkSale Legit?

Yes. PinkSale is legit. The Anti-Bot and Anti-Rug systems were specifically designed for increasing the safety of this platform. By being safe and efficient, PinkSale is as legit as it gets. Of course, there are platforms that are designed to scam you, but PinkSale is not one of them. More than 9000 projects that used PinkSale Finance are a living example of how legit this launchpad protocol is. Until today, PinkSale has raised more than $362 million in liquidity only in BSC… without counting the other six blockchains. 

Takeaways

1. The cryptocurrency market is full of scams and fraudulent projects. Nevertheless, this does not mean that every project is a scam.
2. Doing your own research can help you determine whether a project is a scam or not. The benefits of doing your own research include realizing the potential of a project.
3. PinkSale Finance is a launchpad protocol that supports 7 blockchains, including Binance Smart Chain and Ethereum.
4. PinkSale has all of the elements that a project needs to be considered credible. The Anti-Bot & Anti-Rug systems make it even safer. So, PinkSale Finance is legit.