How to quickly check if a token has any risks

Sometimes, the token being traded might have a “Freeze Authority” function attached, which means the token minter or creator has the ability to freeze the buying/selling/transfer of the token by users. Please clarify this with the token project and exercise caution when trading this token. In addition, you should always be wary of scams and phishing attempts.

Prior to purchasing the token, you can try pasting the token address on https://rugcheck.xyz/ to check if it has any risks.