Knowledge Base

Frequently Asked Questions

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What is Mach 1 Coin?

Mach 1 Coin is a community driven token on Binance smart chain that rewards all Mach 1 holders with a special dividend of more coins following every transaction.

Why is the contract not renounced?

We chose not to renounce the ownership so we can further develop in the future.

How can I make sure I don’t get scammed by clone projects?

Always use ONLY our official Telegram Channel. Our team will NEVER DM you to ask about anything. Be EXTREMELY suspicious about anyone DMing you with an offer to help, airdrop or ask you for personal information such as your wallet seed phrase etc. NEVER give out such information. Block and report those persons immediately.

Does Mach 1 Coin guarantee trading profits?

We cannot tell you whether you’ll earn money on your trades or lose it all. Your profit is in your hands. Trade at your own risk.

How does the transaction work?

Mach 1 Coin Coin has a 10% tax of which 5% goes to the holders (instantly and gasless) and 5% is auto locked into liquidity.

What are the benefits of projects built on the Binance Smart Chain (BSC)?

BSC is a new smart contract-enabled blockchain that operates parallel to the regular Binance Chain. BSC offers a platform that enables developers to create and execute token contracts relatively easily. Low gas fees, safety, stability, ease of use for all stakeholders (and many other reasons) make BSC an attractive option.

When sending Mach 1 Coins from one wallet to another do transaction taxes apply?

Yes, any transfer incurs the 10% tax. This also applies when you buy and sell.