Comprehensive Reviews
Get the inside scoop on the latest crypto scams with our in-depth reviews and analysis.
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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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
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.
Go to full articleAutomated 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
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.
Go to full articleNo 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
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
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
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
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
Recent articles
October 31, 2024 (October 31, 2024)
October 15, 2024 (October 21, 2024)
October 14, 2024 (October 21, 2024)
October 3, 2024 (October 3, 2024)
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.
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.
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.