However, this is a sector of the crypto industry that's plagued with a very large number of scams.

We have identified as scams each of the bots below thanks to a number of different alarming signs. But once they have your money these platforms might charge ridiculously high fees, make it very difficult to withdraw funds or simply steal your deposit altogether. Others pressure users into creating an account and depositing funds, perhaps even offering "bonuses" to those who deposit larger amounts.
These apps have even made it into official, legitimate app stores like Google Play, so it pays to do your research before downloading anything to your phone. It is because they have their interest in it as well. But thanks to the complicated and highly technical nature of cryptocurrencies, much of which isn't well understood by most people, the malware now poses an even bigger threat.
Rather than stealing credit card and bank account details, crypto-related malware is designed to get access to your web wallet and drain your account, monitor the Windows clipboard for cryptocurrency addresses and replace your legitimate address with an address belonging to a scammer, or even infect your computer with a cryptocurrency miner.