Real Crypto Scam Reviews

Welcome to ScammerWatch, your one-stop-site for evaluating the legitimacy of crypto trading bots and other crypto scams. Our dedicated team of experts thoroughly investigates and provides in-depth analysis on the latest scams in the crypto world, so you can make informed decisions and protect your investments. Trust us to separate the facts from fiction and help you navigate the often confusing and deceitful crypto landscape.

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Comprehensive Reviews

Get the inside scoop on the latest crypto scams with our in-depth reviews and analysis.

Expert Opinion

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Real User Feedback

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Up-to-Date Information

Stay ahead of the curve with our regularly updated information on the latest crypto scams.

Our advice

Best Crypto Scalping Bots For Beginners

Updated February 1, 2023
Ella Mackness

Many investors enjoy trading cryptocurrencies due to the dynamic as well as unstable nature of the market. This kind of trading may yield considerably more earnings than traditional trading formats such as trading stocks if the market can be timed accurately. 

Scalpers mostly profit from the carelessness of the market. Yet, scalping trading techniques require increasing the number of transactions to reap a benefit. Scalpers examine past trends and volume levels before specifying exit or entrance points within a day. 

To create a gain in this way as a newbie, take a look at the following in this guide.

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Automated Trading

Fully automated trading strategies for crypto assets

Portfolio Management

Monitor and manage multiple portfolios from a single platform

Advanced Tools

Advanced tools for technical analysis and market analysis

Customizable Options

Customizable options for traders to tailor their strategies to their needs

24/7 Monitoring

24/7 monitoring of crypto markets and trades to ensure maximum profits

User-Friendly Interface

Cornix provides an easy-to-navigate platform suitable for traders of all experience levels, enhancing accessibility to automated trading.

Wide Exchange Compatibility

Supports leading cryptocurrency exchanges including Binance, Bybit, and more, allowing users to integrate their existing accounts seamlessly.

Versatile Trading Strategies

Offers a variety of trading options such as following expert signals or using Dollar-Cost Averaging (DCA) bots, catering to different trading preferences and risk tolerances.

Comprehensive Customer Support

Provides 24/7 customer service with personalized assistance, ensuring users have support whenever needed.

Rule-Based Trading

Create custom, rule-based trading strategies with ease

Cloud-Based Platform

Access your crypto investments from anywhere with a cloud-based platform

No Coding Required

No coding skills needed to create and implement trading strategies

Multiple Exchanges

Connect multiple exchanges to execute trades seamlessly

Real-Time Monitoring

Real-time monitoring of crypto markets and trades to make informed decisions

Multi-Exchange Platform

Access and trade on multiple exchanges from a single platform

Portfolio Management

Monitor and manage your entire crypto portfolio in one place

Smart Order Execution

Smart order execution for maximum profits and minimal slippage

Market Insights

Access to market insights and analysis for informed decision making

Easy Navigation

Easy navigation and user-friendly interface for a seamless trading experience

Dollar-Cost Averaging

Automated cost averaging for reduced market impact

Copy Trading Signals

Copy successful trader's signals for profit

Strategy Designer

Design and implement custom trading strategies

Advanced Dashboard

Monitor your trades and portfolio on an advanced dashboard

Paper Trading

Test trading strategies without risking real funds

Our advice

Fraudulent trading bots: how to identify a scam project

Updated February 9, 2023
Ella Mackness

The market for trading software is vast. No matter how experienced you’re in trading, it’s hard to know if you can trust a product. The situation with scam projects is complicated by the wide variety of tools that fraudulent actors use against us to steal funds and personal information or to get you to participate in the scheme.

The good news is that you can see some clear patterns. That being said, many of these fraudulent actors aren’t good enough at hiding their evil intentions.

We have compiled a list of 5 scam crypto bots and highlighted the techniques used to trick users into using them. After this article, you’ll cross these particular bots off your list and learn the patterns you can apply in your further investigation of trading software.

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No Trading Algorithm

Lacks a legitimate trading algorithm

No Safety Protocols

No measures to ensure user security

No Licenses

No regulatory oversight or licenses to operate

Unfavorable Privacy Policy

No protection of user data or information

Poor User Feedback

Negative user feedback and low trustworthiness

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Declined Withdrawals

Difficulty in withdrawing funds

Unethical Marketing

Deceptive marketing practices

Official Warnings

Regulators have issued warnings against the platform

No Privacy Protocols

No protection for user data or information

Hostile Privacy Policy

Unfavorable privacy policy with disregard for user data

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Fake Testimonials

Fabricated user reviews and success stories

Similarities to Scams

Resemblance to other known scams

Fake Celebrity Endorsements

Misleading celebrity endorsements

Crude Web Design

Poorly designed and unprofessional website

Limited Features

Lacks advanced features found in legitimate trading bots

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Strong resemblance to other crypto bot scams

Noted for its similarities to other crypto trading scams

Unfriendly privacy policy

Raises concerns about user data protection and the potential for misuse

No cybersecurity

Criticized for its lack of security measures

No licenses

Operates without any regulatory oversight or licensing

Unethical marketing techniques

Aggressive and deceptive marketing tactics to lure in users

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International criminal group

Is operated by an international criminal group, increasing the likelihood of unethical and illegal practices

No algorithm

The platform operates without a legitimate trading algorithm

No safety protocols

Lack of necessary security protocols to protect user data and investments

Countless evidence of money and data theft

Numerous reports of users losing their investments and personal information to the platform

No licenses

Operates without any regulatory oversight or licensing

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Our authors

Kong Lu

Kong Lu is a blockchain and front-end developer based in Seattle, Washington. Kong has a passion for learning new technologies and sharing that knowledge in an easy-to-understand manner.

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Michael Klias

Smart contract developer, crypto-investor, and entrepreneur with over 7 years of experience in blockchain development and ICO development from conception to execution.

More about Michael Klias
Ella Mackness

I'm a full-time blockchain developer and digital marketer with a degree in computer science from the University of Washington. Currently a software engineer at Nash.io, responsible for developing and maintaining the software that powers the Nash platform.

More about Ella Mackness