Common Fake App Scams

Customer Specialist Team
Updated

As the crypto industry continues to grow and attract investments, it has also become a prime target for fraud, aiming to scam investors out of their money. Recently, CoinEx has received numerous reports from users who fell victim to fake App scams. 

In this article, we highlight the official channels for downloading CoinEx App and offer practical tips on how to avoid installing fake Apps. Besides, we also list some fake Apps discovered recently, as well as the tactics used by scammers to perpetrate these frauds.

 

Official download channels for CoinEx App

1. Android

You can download CoinEx Android App either from Google Play Store, or directly from CoinEx download page in APK format. For more details, please refer to CoinEx App Download Guide - Android.

 

2. iOS

The official iOS App of CoinEx is “CoinEx Pro”. It is developed by “Coinex Global Limited”, and can only be downloaded from App Store using an Apple ID registered outside Mainland China. Any other apps that use different developer information are not official. To avoid financial losses, please make sure to download the official app. For more details, please refer to CoinEx App Download Guide - iOS.

 

Common fake Apps

To help you steer clear of scam Apps and protect your assets, we put together a list of some fake Apps exposed recently.

1. CnEx

虚假APP

 

2. CoinEx (Online beta)

虚假App

 

3. CoinEx-pro

虚假App

 

Common scam tactics

1. Fake giveaways

After logging in to the fake App, a pop-up window will prompt you to make a deposit in order to participate in crypto giveaways. For example, you can earn 0.5 BTC for completing a deposit of 0.1 BTC.

 

2. Fake investment projects

The scammers lure investors into downloading fake apps that appear to offer a low-risk, high-return investment opportunity at seemingly low trading fees. Unfortunately, many individuals who fall for this trap end up losing significant amounts of money. 

 

3. Fake mining Apps

The scammers promise you will receive high returns, given that you use their App for liquidity mining and transfer your assets to a specific address. In reality, this particular address is fraudulent. Once your assets are transferred there, they cannot be recovered.

 

How to avoid downloading fake Apps?

1. Please download CoinEx App from trusted sources. It is recommended that you download CoinEx App from CoinEx official website https://www.coinex.com.

2. If you download CoinEx App from App Store or Google Play Store, please check the developer carefully.

(1) If you download CoinEx App in the App Store, make sure to search for "CoinEx Pro" and verify that the developer is "Coinex Global Limited".

 

(2) When downloading CoinEx App from Google Play Store, please check the developer’s contact details and confirm if they match the information provided on our official website. You can use CoinEx's official verification tool to verify the legitimacy of any channel claiming to represent CoinEx.

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