What are SPAM tokens?
The term SPAM transactions refers to token deposits typically received in personal wallets (and less commonly on exchanges), that have no real value and are intended solely for marketing or promotional purposes.
These tokens often have obvious names like âCLAIM REWARD TOKENâ or âINVITATION TOKEN â PLEASE VISIT OUR WEBSITEâ, designed to attract attention or prompt user action.
Finbooks automatically detects and labels SPAM tokens with a high level of certainty, without requiring any action from the user.
For all other cases, please follow the procedure outlined below.
How to manage SPAM tokens on Finbooks
Finbooks allows its users to label spam tokens in two different ways:
labelling spam tokens from the connection token balance
handling them in the missing prices resolution flow
Labelling spam tokens from the connection token balance
click on Connections from the menu on the left
click on the connection you want to see the token balance details
in the new screen click on the three dots at the right of the token row, then click on click on Report as SPAM
lastly, click on the Confirm as SPAM button
done, the selected token and all its transactions will be labeled as SPAM and will show an icon as the one visible in the image below
the transaction of the labeled token will show the SPAM category
Labelling SPAM tokens from the missing prices resolution flow
Read this article to find out how to label tokens as spam from the missing price procedure.