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Contract Address Risk Notice

· 2 min read
Pay Protocol Support
Pay Protocol Support
Pay Protocol BD & Support Team

When you make on-chain payments, wallets like TP (TokenPocket) and imToken may display a warning: "The address you entered is a contract address. Please verify before transferring." This warning often causes concern. Below is a detailed explanation.

1. Is a Contract Address Safe?​

A contract address is an on-chain account used to execute smart contracts. The contract addresses used by our platform are payment contracts deployed and audited by us, with specific purposes and solely for receiving user payments. These contracts cannot initiate fund transfers or maliciously operate your wallet assets, making them secure.

✅ Contract addresses are publicly verifiable on-chain. You can check their code and transaction records in a blockchain explorer to ensure security.

2. Why Do Wallets Display "Contract Address Risk"?​

This is the wallet's default risk warning mechanism, designed to remind users to proceed with caution and avoid sending assets to unknown or malicious contract addresses.

Rest assured, our contract addresses have been tested and verified and have been running stably for a long time.

⚠️ Wallets do not judge whether a contract is "good or bad"—they simply recognize it as a "contract" rather than a regular wallet address, thus triggering the warning automatically.

3. Warning Examples in TP (TokenPocket) and imToken Wallets​

As shown below, when TP and imToken detect a contract address, they display:

"The address you entered is a contract address. Please verify before transferring!" TokenPocket Risk Warning Screenshot imToken Risk Warning Screenshot

4. We Recommend the Following Actions:​

  1. Confirm the address source is reliable: Ensure the receiving address is provided by our platform. Do not change it yourself.
  2. Proceed with the transfer: Even if the wallet shows a warning, you can safely transfer as long as the address is correct.
  3. Contact customer support for questions: We will promptly verify the contract address and provide technical support.
Important Notice

Our platform's contract addresses operate stably, and transfers are secure. Wallet warnings are precautionary measures and do not indicate actual risks. If you still have concerns, please contact us for verification.