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Cryptocurrency

Published on August 5th, 2020 | by Sara Kane

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The Ethereum Code review: A trusted trading platform or dangerous investment?

The Ethereum Code is a cryptocurrency trading site that provides users with an automatic trading robot that they can use to win crypto trades. It is based on a system of automated trading, so you won’t have to do anything other than invest an initial amount in this site. They claim that their trading robot can make users at least $1300 profit a day on an investment of $250. This means that they are offering 520% profit per day.

While this may seem quite strange for any trading company, let alone crypto trading, there is still the possibility that they may be offering legitimate services, so it is worth looking at other aspects of the site to decide for yourself. When it comes to crypto trading, trades that offer 1% a day are suspicious, and 520% is simply off the radar. However, if you’ve come across this site and are wondering whether it is worth trying out, then make sure you look at all aspects of their trading strategy, customer reviews as well as whether they have any actual trading results to back up their claims. This review will cover each of these aspects in detail.

The Ethereum Code is a company that does its work virtually. They have no physical addresses and they do not specify which country they are based in. However, you cannot trade with this company f you live in the US as it is against the law to trade with companies that are not registered by the CFTC. Therefore, it is likely that they only server customers outside the US. As far as registration details go, this company is unlicensed in any country, so you are trading without legal protection. The owner of the site is Marc Weston, who is allegedly a successful trader and created this site. However, there is no evidence to show his trading history, so there is no way of confirming this. For people who don’t have an account, the only way to get verification details or contact them is to fill the form on the site. Other than that, there are no e-mail addresses, phone numbers, or other information that you can use to get in touch with them.

Ethereum Code Review

When you arrive on the Ethereum Code trading site, you’ll notice a sales pitch that says that you can expect returns of $3000 dollars a day. This is based on a mere investment of $250 dollars. You will be prompted to create an account, after which you will be asked to deposit the initial $250 to begin trading with. According to this site, upon creating an account, you will have access to the trading robot for free. There is no demo account, so you can start to trade soon after you deposit the money. However, apart from the obvious question that why you are being offered free software, there are many other red flags that raise questions regarding this site.

Strategy

The trading strategy of the Ethereum Code is based on automated trading. For this, they have a trading robot that provides trading signals when a trade is supposed to be profitable, so the trader can cash the trade. The site claims that they have their own trading robot that has delivered exceptional results. When it comes to making successful trades, they claim that their software can detect whether a trade is profitable or not with a win rate of more than 90%. However, they do not specify exactly how this trading robot works, or provide proof as to whether this strategy has been successful in the past or not.

Analysis

  • Company: The Ethereum Code
  • Product: Cryptocurrency trading robot
  • Minimum investment: $250
  • Trading strategy: Automated trading signals
  • Trading results: Unverified
  • Customer Feedback: Mixed

You may be interested in looking into other similar platforms…ConomiBitcoin Fast ProfitDeSeaCatch, and Crypto Omega.

Trading Results

When it comes to the actual trading results posted on The Ethereum Code website, you’ll actually be surprised that they indicate that most of their trades are successful. If you look at the number, you will be shocked to see the staggering amounts of profit that the users make from this site. However, none of these trades can be verified, which makes them quite suspect. Not only are they unrealistic for crypto trading, they have not provided solid proof that these results are real or not.

Client Feedback

Yet another section where The Ethereum Code seems to be providing false information. When it comes to the customer feedback, you’ll notice many positive reviews on their site. However, none of these can be trusted as they are [probably paid reviews. The reviews on third party sites are generally negative.

Conclusion

While The Ethereum Code might be offering quite a deal in terms of daily profits, you should look at the other aspects of their site as well before making a decision. Not only have they not provide enough contact details, they are also unregistered and did not provide verified trading results either.

If you have been considering using their services, we’d recommend you to be extra cautious. Share your thoughts with us, in the comments section below!

Ethereum Code

$250 (minimum investment)

1.8

Price


3.0/10

Strategy


2.0/10

Trading Results


2.0/10

Client Feedback


1.0/10

Customer Support


1.0/10

Pros

  • The company claims big profit margins
  • Apparently they offer the trading robot for free, once you open an account with their company

Cons

  • They have provided very limited information about their company
  • They appear to be unregistered and unlicensed
  • There is no demo account to test the features


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