diff --git a/app/components/UI/TransactionEdit/index.js b/app/components/UI/TransactionEdit/index.js
index 75e2dee083f..ffbbb51ffa9 100644
--- a/app/components/UI/TransactionEdit/index.js
+++ b/app/components/UI/TransactionEdit/index.js
@@ -81,6 +81,13 @@ const styles = StyleSheet.create({
 		lineHeight: 12,
 		paddingTop: 6
 	},
+	warning: {
+		...fontStyles.bold,
+		color: colors.warning,
+		fontSize: 12,
+		lineHeight: 12,
+		paddingTop: 6
+	},
 	form: {
 		flex: 1,
 		padding: 16,
@@ -110,6 +117,10 @@ class TransactionEdit extends Component {
 		 * List of accounts from the AccountTrackerController
 		 */
 		accounts: PropTypes.object,
+		/**
+		 * Callback to warn if transaction to is a known contract address
+		 */
+		checkForAssetAddress: PropTypes.func,
 		/**
 		 * react-navigation object used for switching between screens
 		 */
@@ -181,6 +192,7 @@ class TransactionEdit extends Component {
 		amountError: '',
 		addressError: '',
 		toAddressError: '',
+		toAddressWarning: '',
 		gasError: '',
 		fillMax: false,
 		ensRecipient: undefined,
@@ -312,9 +324,10 @@ class TransactionEdit extends Component {
 
 	updateAndValidateToAddress = async (to, ensRecipient) => {
 		await this.props.handleUpdateToAddress(to, ensRecipient);
-		let { toAddressError } = this.state;
+		let { toAddressError, toAddressWarning } = this.state;
 		toAddressError = toAddressError || this.props.validateToAddress();
-		this.setState({ toAddressError, ensRecipient });
+		toAddressWarning = toAddressWarning || this.props.checkForAssetAddress();
+		this.setState({ toAddressError, toAddressWarning, ensRecipient });
 	};
 
 	renderAmountLabel = () => {
@@ -348,7 +361,7 @@ class TransactionEdit extends Component {
 			transaction: { value, gas, gasPrice, from, to, selectedAsset, readableValue, ensRecipient },
 			showHexData
 		} = this.props;
-		const { gasError, toAddressError, data, accountSelectIsOpen, ethInputIsOpen } = this.state;
+		const { gasError, toAddressError, toAddressWarning, data, accountSelectIsOpen, ethInputIsOpen } = this.state;
 		const totalGas = isBN(gas) && isBN(gasPrice) ? gas.mul(gasPrice) : toBN('0x0');
 		return (
 			<View style={styles.root}>
@@ -383,6 +396,9 @@ class TransactionEdit extends Component {
 							<View style={styles.label}>
 								<Text style={styles.labelText}>{strings('transaction.to')}:</Text>
 								{toAddressError ? <Text style={styles.error}>{toAddressError}</Text> : null}
+								{!toAddressError && toAddressWarning ? (
+									<Text style={styles.warning}>{toAddressWarning}</Text>
+								) : null}
 							</View>
 							<AccountInput
 								onChange={this.updateToAddress}
diff --git a/app/components/UI/TransactionEditor/index.js b/app/components/UI/TransactionEditor/index.js
index daae5327d08..3ff02ce9e32 100644
--- a/app/components/UI/TransactionEditor/index.js
+++ b/app/components/UI/TransactionEditor/index.js
@@ -12,6 +12,7 @@ import { generateTransferData } from '../../../util/transactions';
 import { setTransactionObject } from '../../../actions/transaction';
 import Engine from '../../../core/Engine';
 import collectiblesTransferInformation from '../../../util/collectibles-transfer';
+import contractMap from 'eth-contract-metadata';
 
 const styles = StyleSheet.create({
 	root: {
@@ -33,6 +34,10 @@ class TransactionEditor extends Component {
 		 * react-navigation object used for switching between screens
 		 */
 		navigation: PropTypes.object,
+		/**
+		 * A string representing the network name
+		 */
+		networkType: PropTypes.string,
 		/**
 		 * Current mode this transaction editor is in
 		 */
@@ -49,6 +54,14 @@ class TransactionEditor extends Component {
 		 * Called when a user changes modes
 		 */
 		onModeChange: PropTypes.func,
+		/**
+		 * Array of ERC20 assets
+		 */
+		tokens: PropTypes.array,
+		/**
+		 * Array of ERC721 assets
+		 */
+		collectibles: PropTypes.array,
 		/**
 		 * Transaction object associated with this transaction
 		 */
@@ -440,6 +453,31 @@ class TransactionEditor extends Component {
 		return error;
 	};
 
+	/**
+	 * Checks if current transaction to is a known contract address
+	 * If that's the case returns a warning message
+	 *
+	 * @returns {string} - Warning message if defined
+	 */
+	checkForAssetAddress = () => {
+		const {
+			tokens,
+			collectibles,
+			transaction: { to },
+			networkType
+		} = this.props;
+		const address = toChecksumAddress(to);
+		if (networkType === 'mainnet') {
+			const contractMapToken = contractMap[address];
+			if (contractMapToken) return strings('transaction.known_asset_contract');
+		}
+		const tokenAddress = tokens.find(token => token.address === address);
+		if (tokenAddress) return strings('transaction.known_asset_contract');
+		const collectibleAddress = collectibles.find(collectible => collectible.address === address);
+		if (collectibleAddress) return strings('transaction.known_asset_contract');
+		return undefined;
+	};
+
 	handleNewTxMeta = async ({
 		target_address,
 		chain_id = null, // eslint-disable-line no-unused-vars
@@ -487,6 +525,7 @@ class TransactionEditor extends Component {
 						validateGas={this.validateGas}
 						validateToAddress={this.validateToAddress}
 						handleUpdateAsset={this.handleUpdateAsset}
+						checkForAssetAddress={this.checkForAssetAddress}
 						handleUpdateReadableValue={this.handleUpdateReadableValue}
 					/>
 				)}
@@ -506,8 +545,11 @@ class TransactionEditor extends Component {
 
 const mapStateToProps = state => ({
 	accounts: state.engine.backgroundState.AccountTrackerController.accounts,
+	collectibles: state.engine.backgroundState.AssetsController.collectibles,
 	contractBalances: state.engine.backgroundState.TokenBalancesController.contractBalances,
+	networkType: state.engine.backgroundState.NetworkController.provider.type,
 	selectedAddress: state.engine.backgroundState.PreferencesController.selectedAddress,
+	tokens: state.engine.backgroundState.AssetsController.tokens,
 	transaction: state.transaction
 });
 
diff --git a/app/components/UI/TransactionEditor/index.test.js b/app/components/UI/TransactionEditor/index.test.js
index b02715ee0fa..7f3e4eb880b 100644
--- a/app/components/UI/TransactionEditor/index.test.js
+++ b/app/components/UI/TransactionEditor/index.test.js
@@ -19,6 +19,15 @@ describe('TransactionEditor', () => {
 					},
 					PreferencesController: {
 						selectedAddress: '0x0'
+					},
+					AssetsController: {
+						tokens: [],
+						collectibles: []
+					},
+					NetworkController: {
+						provider: {
+							type: 'mainnet'
+						}
 					}
 				}
 			}
diff --git a/locales/en.json b/locales/en.json
index 9b0f6f53388..169a1afd5f5 100644
--- a/locales/en.json
+++ b/locales/en.json
@@ -324,6 +324,7 @@
 		"invalid_gas": "Invalid gas amount",
 		"invalid_gas_price": "Invalid gas price",
 		"invalid_collectible_ownership": "You don't own this collectible",
+		"known_asset_contract": "Known asset contract address",
 		"max": "Max",
 		"recipient_address": "Recipient Address",
 		"required": "Required",
diff --git a/locales/es.json b/locales/es.json
index 8c39be5350a..dbd5a66be66 100644
--- a/locales/es.json
+++ b/locales/es.json
@@ -328,6 +328,7 @@
 		"review_function_type": "TIPO DE FUNCIÓN",
 		"review_hex_data": "DATOS HEX ",
 		"invalid_collectible_ownership": "No eres el dueño de este coleccionable",
+		"known_asset_contract": "Dirección de contrato de un activo conocido",
 		"conversion_not_available": "Datos de conversión no disponibles",
 		"value_not_available": "No disponible",
 		"rate_not_available": "Conversión no disponible",