Ethereum Code is a new algorithmic cryptocurrency trading platform that specializes in trading ETH. There’s quite some controversy around the crypto robot platform. One of the reasons for that is the little information that can be found on the application. But, hey! That’s why we are here. We decided to test the Ethereum Code app, and share you our take on this crypto robot software. Let’s dive in!
- 1 What is Ethereum Code?
- 2 Is it safe?
- 3 Who founded Ethereum Code?
- 4 How does the Ethereum Code system work?
- 5 How to place trades on Ethereum Code
- 6 Step 1 : open an account
- 7 Step 2: demo trading
- 8 Step 3: deposit funds
- 9 Step 4: let the robot place trades on your behalf
- 10 What makes this crypto trading software special?
- 11 The Verdict: Ethereum Code is a legitimate robot that can make you solid profits
- 12 FAQ
- 13 Other trading robots you might be interested in
What is Ethereum Code?
Ethereum Code is a crypto robot app that harnesses the power of algorithmic trading bots and takes advantage of the volatile nature of the cryptocurrency market. As digital currencies tend to be volatile, the Ethereum Code app uses its bots to take advantage of that and generate profits for the user fully automatically. It means that after you do an Ethereum Code sign-up, you don’t have to deploy your own technical analysis, indicators, and strategies. The application works as most of the crypto robot solutions: you don’t need to do anything besides monitoring the performance of the bots after setting them up.
But before showing how the application works, let’s analyze a few things first, including general information about the service, the Ethereum Code website, and whether the platform is legit (by analyzing the site of the service – we will draw further conclusions in another section where we show you our impressions after testing the app itself.
When we were on the Ethereum Code website, the first thing we’ve seen is a video showing us luxury cars and mansions as well as dream holiday sites. In the video, the operators of the Ethereum Code argue that regular 9-5 jobs won’t make people rich due to the low salaries, high-interest rates, and growing taxes. The Ethereum Code team claims that there’s a solution for all this that guarantees a daily income of over $3,000. And this solution is Ethereum Code, a state of the art auto trading software. Then a user stating that he had made thousands of dollars on autopilot with the app. You can see other testimonials in both the video and on the website (if you scroll down).
According to the video on the homepage, Ethereum Code is currently holding its beta test, and the operators invite users for testing. They claim that only limited places are available. However, we couldn’t verify this as companies often use the “limited” word to emphasize scarcity. The video also shows the creator of the application and the CEO of Ethereum Code, Mark Weston. According to Weston, the idea of Ethereum Code came from a time when he was working in a 9-5 office job at a multinational software corporation. He was intrigued by one of his colleague who was an early Bitcoin investor and made thousands of dollars with his investment. Missing the “Bitcoin boat,” Weston decided to get into automated cryptocurrency trading. According to the video, he created his own application – Ethereum Code – as he did not have success with other platforms.
The operators on the Ethereum Code website stated that their app uses cloud tech to operate every day in every hour throughout the year. There are no downloads required to use the application. Furthermore, the team claims that their platform is “lightning fast” due to the state of the art algorithms they use to scan the markets numerous times in every minute in order to find opportunities for cryptocurrency trading. The operators of Ethereum Code also claimed on the website that the profits users make via the crypto robots are completely tax-free. However, you should take this statement with a grain of salt. Every country’s government taxes both traders and investors so it there’s a chance that you have to pay taxes for using an automated cryptocurrency trading platform like Ethereum Code. Before whether to pay taxes after your Ethereum Code profits, we recommend you to consult with an accountant first.
So, analyzing all this information, we believe the operators of the Ethereum Code app seem legit. However, you shouldn’t make any of the promises as a guarantee. The Ethereum Code team stated there’s a guaranteed over $3,000 of profits a user can make by using the crypto bot platform. However – knowing that $3,000 a day would make you a millionaire by the end of the first year -, you shouldn’t take that promise as granted. The reason for that is that every trader is different and the market changes minute by minute. While it is possible to make $3,000 in a day in a bull market, it does not mean that you will get the same amount of profits the other day or when the cryptocurrency market crashes.
What Weston states regarding Bitcoin is true. The coin has made numerous people rich who were early investors or just invested in the right time. There are also traders who have made serious profits by only trading cryptocurrencies on a daily basis. We can also confirm the fact that a part of automated digital currency trading platforms are not profitable as some of them are operated by scammers while others have low-performance bots that do not provide the income most users are looking for.
So, judging by only the website, we don’t think that the Ethereum Code system is a scam. On the contrary: it seems like a legit service. You will know more about this in another section in our Ethereum Code review where we show you the results from testing the crypto robot platform itself.
Is it safe?
- Yes! Based on our review of both the information found on the Ethereum Code website as well as our results from testing the app, we think that this crypto robot platform is a legit service.
- The operators of the Ethereum Code do not require any payment information from you. Instead, they are using a broker to handle the payments. Therefore, you do not have to provide your credit card or PayPal details when using the service.
- If you are a beginner trader, we recommend you to read user guides and test the demo trading platform (we advise every trader to do this) before using the live trading app of the crypto robot solution.
- In case you are new to Ethereum Code, we recommend you to deposit no more than $250 as your initial investment. This way, you can minimize your losses if the bots make unprofitable trades.
Who founded Ethereum Code?
Ethereum Code is founded by the former accountant Mark Weston. The founder and CEO of the service worked at a major multinational software corporation. However, he left it to become a cryptocurrency trader himself. After he had tried multiple automated digital currency trading platforms, he realized that a part of them wants him to lose money (he may have referred to scammers).
According to the video found on the Ethereum Code homepage, Weston then decided to create his own algorithmic cryptocurrency trading platform that focuses mainly on Ethereum – yes, the app we are reviewing now.
How does the Ethereum Code system work?
Now that you know lots of info about the website and the creator of the crypto robot platform, it’s time to test the Ethereum Code app. So, we went with creating an account at the service. We have used the demo platform of the service that simulates live trading with virtual money in the same market conditions and trading environment.
The operators of the Ethereum Code software had mentioned on their website that the app is working on the cloud. We can confirm that – you don’t need to download anything to turn on the platform’s robots. You just need to create an Ethereum Code account, head to the demo trading platform and turn them on.
Then the cryptocurrency bots will do all the trading for you. You only have to carefully monitor their performance (which is crucial if you are using the live trading platform). What’s great in Ethereum Code that it does not need you to develop your own strategies and settings to start the bots. Other automated cryptocurrency trading services may require to set one or both of the aforementioned options, which can sometimes become time-consuming. On the other hand, when you are using the Ethereum Code app, the only thing you need to do is one click. The operators of the platform have already set up their own settings for every user, which have worked for them in the past (and hopefully will work in the future too).
So, here are our results from testing the robots via the demo trading platform of Ethereum Code. From 22 trades, we have generated profits on 15 and lost money on 7. That’s a success rate (the metric showing the percentage of trades that resulted in profits) of almost 70%, which is good. Although, if we have spent more time testing the robots, the success rate could be either lower or higher than that. Please note, that it is not guaranteed that you will get our success rate or another rate mentioned in the testimonials from past customers. The market changes minute by minute. While you can win more trades in one week, you can also generate more losses in the next.
We can say we were quite satisfied with the performance of both the robots and the Ethereum Code platform in general. We haven’t had a single downtime or an error while the bots were trading cryptocurrencies.
We think that the Ethereum Code app is a legit automated cryptocurrency trading solution. Therefore, we have compiled a step-by-step tutorial that will guide you through the processes of registering an account, testing the platform’s bots via the demo trading app, depositing funds, and live cryptocurrency trading. Along with the information, we have included images too that will help you to see the “big picture” when you are using the Ethereum Code application.
What makes this crypto trading software special?
Now, that you know almost everything about the Ethereum Code app, let us highlight some of its features that make the algorithmic cryptocurrency trading platform unique. Firstly, when we were using the application, we were surprised how easy it is to use it. Therefore, we think Ethereum Code is one of the most beginner-friendly crypto robot platforms out there.
We can also say that Ethereum Code is legit. Unfortunately, we can’t say the same about a significant part of the automated crypto trading apps. The information looks solid on the website, while we were satisfied with the bots (including the performance) when we were testing the application itself.
The Verdict: Ethereum Code is a legitimate robot that can make you solid profits
Let’s summarize all the crucial parts of this review to draw our conclusions. Firstly, we have taken a look at the Ethereum Code website, which we think is quite okay. There are no false promises as well as unrealistic statements (unlike what we have found on some competitor sites). There’s a part about Mark Weston, the creator of the app who has founded Ethereum Code to take advantage of the growing cryptocurrency market, and especially Ethereum itself. The app is currently in its beta stage, so the access is free for everyone.
While we were testing the application, we got solid results with a success rate of almost 70% for the bots. We had no issues – Ethereum Code’s crypto robots work flawlessly, they have started trading cryptocurrencies within a few seconds.
So, in overall, we think Ethereum Code is a legit platform where you can generate solid profits. We recommend an initial investment of no more than $250. You can create an account at the service using the link below:
Other trading robots you might be interested in
Bitcoin Code is a very similar automated cryptocurrency trading platform to Ethereum Code. In addition to being one of our top-rated crypto robot apps, Bitcoin Code features an easy-to-use application, a fast registration process, and high-performing bots that will do all the trading for you. Don’t forget to check our Bitcoin Code review!
CryptoSoft is another featured cryptocurrency robot platform. When we were testing the app, the hard-working bots of the app generated us great results while trading coins. The registration process is easy – you can create your account in two steps. Also, the platform itself is very beginner-friendly, so it is suited for all audiences. We have compiled a CryptoSoft review recently, which is worth checking out.