You’ve probably heard the saying that if something seems too good to be true, it most likely is. Does that age-old advice apply Unbiased Opinion to a platform like Ethereum Code? Ethereum Code is a platform designed to speculate on Ethereum. In case you’re new to Unbiased Opinion cryptocurrency, Ethereum is a decentralized, blockchain-based software platform that enables the use of smart contracts and distributed applications. The currency of the Ethereum blockchain is Eth, georgia phone number list one of today’s top cryptocurrencies. The Ethereum network is designed to run without any downtime or third-party interference Unbiased Opinion .
Ethereum is a hot commodity these days, which makes now the perfect time to get into trading. The purpose of the is to help users generate profits automatically without having to worry about performing technical analysis. Since there’s a lot of controversy surrounding this platform, we decided to test it out for ourselves. Along with showing you how the application works, we’ll also share general information about the service, its website, and its creator, Mark Weston Unbiased Opinion.
Ethereum Code: Is It Legitimate?
- We explored the app itself as well as reviews from its users, and we determined that it appears to be legitimate.
- Ethereum Code’s operators use a broker to handle payments, which means you don’t have to pay them directly and therefore don’t have to provide your credit card or other sensitive information.
- Beginner traders are advised to try out the demo platform and carefully read the user guides before starting.
- Beginners can also lower risk by starting out with a minimum deposit of $250.
The Origins of Ethereum Code
Ethereum Code is a crypto bot that is currently in the beta-testing stage. It uses a trading algorithm to make profitable trades for its users. Every active trader knows 100% accurate laos phone number library that to be profitable, you must always be watching the market and taking advantage of its volatile nature. That usually involves a lot of time and strategy.
The Ethereum Code app does the work for you. After you sign up and get started, all you’ll need to do is monitor the bot’s performance.
The Ethereum Code website features a video that shows the app’s creator and CEO, Mark Weston, discussing the app’s origins. Weston, a former accountant, shares that he created the app while working an office job for a global software company. A colleague was an early Bitcoin investor who made thousands of dollars from the popular cryptocurrency. Seeing a friend have such amazing success inspired Weston to enter the exciting world of automated crypto trading.
After trying out Weston realized that the majority of them were scams. Either they didn’t work at all, or they worked in a way that seemed engineered to cause losses for the user. Weston decided to create an auto-trading bot that worked. That was when he began brainstorming the initial plan for Ethereum Code.
How Ethereum Code Works
Ethereum Code uses cloud technology along with advanced algorithm technology to scan the markets many times per minute. This process, which occurs 24 hours a day and continues every day of the year, is what enables the app to generate profits for users. It’s fast, so there’s no lagging during important trades. You won’t have to download anything to use the application.
Operators of the app claim that users can earn as much as $3,000 a day. Another big claim is that all the profits you can make are tax free. You should be cautious about believing these statements. They may not be totally false, but they are only true in certain circumstances.
For example, while the profits might be tax free in some countries, others may tax your profits. Cryptocurrency is a very new space, and world governments are still making decisions about how they’re going to handle the issue. It’s important to point out that even if your profits are tax free today, that may change in the future.
Every trader is going to have a unique experience, which is why blanket statements and promises of big money should always be taken with a grain of salt. This doesn’t mean the owners of Ethereum Code are lying to you. They’re more likely just taking their best results and sharing them with their users. What’s possible in a bull market is less likely to occur when the market is down. You’ll need to adjust your expectations accordingly.
Weston’s views on Ethereum are certainly true. There are many people in the world today who are rich because of Ethereum. Either they made an investment at the right time, or they made profits from daily trading. While some auto trading bots aren’t profitable, we don’t see anything on the Ethereum Code website that indicates it’s a scam.
Our Test of Ethereum Code
Now that we’ve given you an overview of the app and its origins, let’s get into our own test. We created an account at Ethereum Code and got started with the demo platform. It uses the current market conditions, but you trade with virtual currency. This can help the user get familiar with the platform.
As we mentioned, this is a cloud-based app. That means you can use it without ever downloading anything. All you need is an account. You simply start the bot by clicking the “live” button, and it does all the work for you. This is a notable positive about this platform. Many of the other trading bots require that you set up a strategy beforehand. With Ethereum Code, usa b2b list your only responsibility will be keeping an eye on what the bot is doing.
Please remember that our review of Ethereum Code is based on the usage of the demo platform. We have not tried using the bot to trade with real Ethereum. The operators of the platform use settings that have worked for them in the past, so there’s no reason to believe the demo version would be any different than the real version. We’re just mentioning this in the interest of transparency.