Cheems Token wallet

What is Cheems Token (CHEEMS)?

Cheems is the meme of the sad, helpless Shiba Inu, and Cheems Token (CHEEMS) is its coin on BNB Smart Chain. There is no product behind it and no promise of one: the token is a plain BEP-20 contract, and the project's own pitch is that the contract's admin rights were given up, that transfers carry no tax, and that no part of the supply is held back for a team. What that means for a holder is simple. Nobody can change the rules of the token after the fact, and the balance you see in your wallet is exactly what moves when you send it, with nothing skimmed off on the way.

CHEEMS does not pay for its own transfers. Every send, swap or approval on BNB Smart Chain is paid in BNB, so a wallet holding CHEEMS needs a little BNB next to it or the tokens stay put. The amounts are small on this network, but a zero BNB balance is a common reason a meme-token transfer fails.

The bigger trap is the name. Cheems is a beloved meme, and several unrelated tokens use the Cheems name or the CHEEMS ticker on different networks and even on BNB Smart Chain itself. Two tokens with the same ticker are two different assets, and the one that is not yours may be worth nothing at all. Before you accept a deposit or add a token, you match the exact asset, not the ticker.

Supported networks in Tangem (1): BNB Smart Chain. In the Tangem app the phone builds every transaction and shows the network and the address on the send screen, and the holder checks them before the card signs by NFC tap. For an asset whose main hazard is being confused with something else, that check before every send is exactly the kind of clarity a meme-coin holder needs.