Ethereum Code is a trading platform specializing in speculating on Ethereum to allegedly generate users’ profits. Reportedly, there’s some controversy around this crypto robot. One of the reasons for that is, apparently, the little information that can be found about the app. But, hey! That’s why we are here. We decided to go through different reviews, search deeper into the Ethereum Code, and share our findings with you.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
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Is Ethereum Code legit? Our Findings!
- Some online reviews claim that this trading robot is legit.
- According to reviews, this platform offers incredible service and provides lots of helpful information.
- The operators of the Ethereum Code are said to not require any payment information from users. Instead, they are supposedly using a broker to handle the payments. Therefore, users do not have to provide their credit card or PayPal details when using the service.
- If you are a beginner trader, we recommend you 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.
- If you are new to Ethereum Code, do not deposit more than $250 as your initial investment. This way, you can minimize losses if the bots make unprofitable trades.
- Learn more about trading robots by reading our bitcoin robot guide.
What is Ethereum Code?
Ethereum Code appears to be a self-proclaimed crypto robot app that harnesses the power of algorithmic trading technology and takes advantage of the volatile nature of the cryptocurrency market. The website is said to use its bots to take advantage of that and generate profits automatically.
It means that after you do an Ethereum Code sign-up, you don’t have to deploy your technical analysis, indicators, and strategies. The application is said to work like most crypto robot solutions: you don’t need to do anything besides monitor the bot’s performance after setting it 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 discuss reviews from other users.
Mark Weston allegedly founded Ethereum Code. According to Weston, the idea of the Ethereum Code came from when he worked in a 9-5 office job at a multinational software corporation. He was said to be intrigued by one of his colleagues, an early Bitcoin investor who made thousands of dollars with his investment. Missing the “Bitcoin boat,” Weston decided to get into automated cryptocurrency trading. He created his own Ethereum Code application as he did not succeed with other platforms.
When you enter deeper into the Ethereum Code website, you discover their invitation to join the Ethereum Code, trading family. They are promoting the advantage of trading Bitcoin and spreading news related to this kind of coin. We can’t say that this trading bot is the one you should go with because we didn’t test it. We scrolled through different websites looking for answers from users and are transferring you all the information we came up with. It’s up to you to decide if you should trust your money to Ethereum Code.
How does Ethereum Code Work?
The operators on the Ethereum Code website stated that their app uses cloud tech to operate every day, every hour throughout the year. There are apparently no downloads required to use the application. Furthermore, the team claims their platform is “lightning fast” due to the state-of-the-art algorithms they use to scan the markets numerous times every minute to find opportunities for cryptocurrency trading.
The operators of the Ethereum Code also claimed on the website that the profits users make via the crypto robots are tax-free. However, you should take this statement with a grain of salt. Every country’s government taxes both traders and investors, so there’s a chance that you have to pay taxes for using an automated cryptocurrency trading platform like Ethereum Code. We recommend you consult with an accountant.
The Ethereum Code team claims that users can make over $3,000 in profits by using this app. Hence – 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 is that every trader is different, and the market changes minute by minute. While making $3,000 in a day in a bull market is possible, it does not mean you will get the same profits the other day when the cryptocurrency market crashes or with this particular app.
Since we haven’t tested the app, we can’t claim that you will get rich quickly. Trading crypto is not easy. Unexpected things can happen. One day you might love everything; the other, you may get a bag full of money. Just kidding. The fact is that investing in crypto is risky. You need to act smart and be patient. Nothing comes overnight. You will find some claims that traders have allegedly made serious profits by only trading cryptocurrencies daily. But it won’t mean that’s true.
Besides Ethereum code, you can read about BitAlpha AI, allegedly a popular trading bot tool for crypto investors.
Who founded Ethereum Code?
Ethereum Code is said to be founded by a self-proclaimed accountant named Mark Weston. The founder and CEO of the service claim to have worked at a major multinational software corporation. However, he left it to become a cryptocurrency trader himself. After trying multiple automated digital currency trading platforms, he realized that some wanted him to lose money (he may have referred to scammers).
According to some websites, after everything that’s happened, Weston decided to create his own algorithmic cryptocurrency trading platform that focuses mainly on Ethereum.
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.
According to the Ethereum Code software operators, the app is working on the cloud. They say you needn’t download anything to turn on the platform’s robot. You appear to 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. They say you only have to carefully monitor their performance (which is crucial if you use the live trading platform). We can’t confirm that because we haven’t tested the platform.
What’s great about Ethereum Code, according to some online reviews, is that it does not need you to develop your strategies and settings to start the bots. Other automated cryptocurrency trading services may require setting one or both of the aforementioned options, which can sometimes become time-consuming. Users assure that when you use the Ethereum Code app, you only need to click the live button. It appears that the platform operators have already set up their settings for every user, which have worked for them in the past (and hopefully will work in the future too).
How to Place Trades on Ethereum Code?
If you are interested in trading crypto on the Ethereum Code platform, you can follow the next few steps.
STEP ONE: Visit the website
To trade on the Ethereum Code platform, you need to visit the official Ethereum Code website and register.
To do that, you need to fill up the form. Leave your name, email, and phone number, and press ‘Register Now.’ Then the Ethereum Code website will take you to the next page.
Step 2: Demo trading
Demo trading is a great opportunity this platform offers because it will help you familiarize yourself with the entire trading process. While you can have basic information on the performance of the Ethereum Code cryptocurrency robots from our review and customer testimonials, it is recommended to test them for yourself too. We mentioned the reason for that before: the market changes every minute, and every trader gets different results when testing the crypto robots.
Some users say that demo trading is easy and that helped them a lot. They say that your account will be credited with $1,500 worth of virtual funds once you start the demo. You can use that to simulate trading using real market conditions without any risks.
After you finish the demo, you can start real trading with your funds.
Step 3: Deposit funds
The next step is to deposit funds into your Ethereum Code account. The minimum you have to deposit is $250, like with most trading robots. Remember that you deposit only the amount you are willing to lose. It doesn’t mean that this trading will bring you profit. It is risky, and you should think carefully before starting this journey.
Step 4: Let the robot place trades on your behalf
According to the website, you can start using the live trading platform of the crypto robot app as soon as your funds are credited to your account. Starting the bots on the live trading platform is similar to the demo platform. You need to find the red “Off” button under “Auto Trading” and click it. The bots will start automatically within a few seconds. Please make sure that you carefully monitor the app’s performance as you are now trading with real money (unlike at the demo platform). We haven’t tested the app, so if you decide to start, good luck trading!
Is This Crypto Trading Software Special?
Now that you know almost everything about the Ethereum Code app, let us mention some of its features that users point out as highlights of this app. They say it’s easy to use it. We are not sure about it because we didn’t try it.
Users claim that customer support is on a high level and is very helpful. They assert to future users that this platform has provided various options to ensure they get the best possible trading results. We can’t assure such a claim. There are many positive online reviews. But, still, it doesn’t mean these reviews are accurate and true. You need to search for extra reviews before investing in this platform. You don’t want to end up without money in your pocket, do you? Hence, investigate more and insecure yourself and your funds. You should take the necessary precautionary measures when using this or any other trading robot.
The Verdict: Is Ethereum Code Legit?
InsideBitcoins didn’t test the app, so we can’t say with certainty that this app is legit, nor that it is not. We went through different websites and forums to get more answers so we could present them to you. If you think this review is good enough for you to start crypto trading, you can visit the Ethereum Code website and get to work.
Don’t forget to be cautious and start with a minimum of $250. Don’t invest if you are not ready to lose. Because trading crypto is not simple, and the market is volatile. It is constantly changing, and you never know when you will get or lose everything you invest. Be wise.
If you are stressed over not being sure whether you should go with Ethereum Code, you can pick eToro as it’s the regulated broker.
Read our eToro review if you are willing to learn more.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Automated Trading on Exchanges
An alternative to a bot is to use the copy trading feature on eToro – this FCA and CySec regulated cryptocurrency exchange allows you to replicate the trading decisions of a winning, profitable trader of your choice or a combination of several.
InsideBitcoins recommends diversifying your portfolio by allocating part of your funds to a long-established, safe, and reputable platform such as eToro – never invest 100% of your cryptocurrency into one trading bot or hold it on one website, broker, or exchange. Start with a minimum deposit on any platform you use, and make a small withdrawal as a test.
FAQ
How much can I make with Ethereum Code?
Neither we nor the operators or any past Ethereum Code users can accurately predict how much profits can you make with the automated crypto trading app. The reason for that the robot performs differently on different market conditions.
Why did Mark Weston decide to trade ETH with Ethereum Code?
According to all the information we have read on the Ethereum Code website, the founder of the service - Mark Weston - has decided to create a bot platform for ETH as he found that Bitcoin is not that profitable than the aforementioned coin. According to some websites, Weston also stated that he finds Ethereum more innovative and that its blockchain offers more security than Bitcoin’s. Also, Weston has missed the Bitcoin ship so he decided to set up an automated trading solution for another coin, Ethereum.
Can this app accurately predict the price of Ethereum?
The short answer is no. Crypto robots can’t provide an accurate Ethereum price prediction. But not just the software; even expert traders and all-star investors cannot predict ETH’s price in the short term. While an approximate Ethereum price prediction is possible in the long term by experts, it does not guarantee that the future price of the coin will go in the way the aforementioned experts think.
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Is it a smart thought to buy Bitcoin Gold at the present time or not?
Hi Adele, Bitcoin Gold has been performing much superior to anything it was doing one month prior. The crypto market is giving indications of increases which implies that BTG ought to likewise rise. But still, to ensure you are putting resources into the correct cryptographic forms of money, do some research on coinbase and other authentic platforms before making a transaction.
Would it be a good idea for me to do it with a credit or platinum card?
Hi Erick, computerized cash specialists like eToro offer various installment strategies to their clients. You can utilize either a Mastercard or a plastic when including assets to your record eToro or pulling back assets from it.
Your website is immaculate in terms of providing legit crypto information. Please suggest me a bitcoin robot that is good to work with?
Hi Mick, Bitcoin Pro App and Crypto Revolt are two legit, secure and happening robots. These are a couple genuine and exact crypto robots out there that can truly enable you to out. Just to let you know, many trick activities display phony surveys and distribute them online to persuade individuals that they really work, this doesn’t change their actual aim by any means.
Love this article. Ethereum Code is completely legit and accurate. I personally have used it and made some mad profits.
Hello Bringe, we are happy to hear that you have been doing so well on Ethereum Code. If you think you have gained enough experience on this platform, we would highly recommend you to try Bitcoin Revolution or Bitcoin Trader and starting investing in Bitcoin-based crypto robots.
Is it possible to make $1000 in a day? , my friend told me that she made $4000 in just 4 days by investing a handsome amount of money.
Hello Bradley, yes, it is possible to make $1,000 in a day using Ethereum Code but we don’t recommend investing a lot of money if you are a newcomer in this industry. We would recommend you to start with a small investment of $250 and learn to trade with minimal risk involved before upping your investment.
This robot is pretty cool actually and it is the reason I made a lot of money in last 5 months but now I wanna try some new robots to have multiple sources of income and investment. Which is the best robot I can switch to?
Hello Linger112, your decision to diversify your investment is a great one and we would highly recommend you to go for it. There are a number of legit and secure crypto robots in the industry, we have listed our top recommendations in this Bitcoin Robot guide.
I love Bitcoin trading and buying. First that was my part time job but now I am feeling confident to make it my primary source of income. What do you suggest how should I start?
Ethereum code is a legit and good robot but sadly it didn’t worked for me, I mean the price for first deposit is too high and I don’t like it. is there any other bot that can give a low priced deposit on initial level?
Hello Suberm, we understand your concern and appreciate your question. If you are looking for a legit and secure robot with an easy UI, we would highly recommend you to go with Cryptosoft or Bitcoin Formula.
What is the first deposit I have to make in order to start on this robot?
Hello Danny, Ethereum code allows you to deposit a minimum of $250 to get started on the robot. This is also our recommended amount to invest if you are a newcomer in the industry.
It’s worth investing.
Hello thx_cuk, you are correct, we would highly recommend people to invest in this platform. However, we recommend beginners to start with a small investment and increase it once they have gained enough experience on the platform.
Nice, recommended.
Hello tygo2112, we highly appreciate your thoughts on the matter. You are right, Ethereum Code is a highly-secure and legit platform that we would recommend to our viewers.
Yeah Ethereum Code is legit, I have used it myself. Can you recommend other such legit robots for trading?
Hello vern404, we have reviewed a number of popular crypto robots and Bitcoin Robot are some of the most legit and secure robots we found out there.
This cryptocurrency robot is very easy to use but I’ve made some losses. I’ve heard really good reviews though so I’m going to keep going. How much do you recommend I risk? I’m quite new to the robot stuff so I am not sure how much I should risk with Ethereum Code. Is the technology behind this cryptocurrency robot accurate?
Hello Beatrice, we highly recommend you to start with the minimum deposit and gain some experience in crypto trading. After gaining experience you can increase your investments for larger profits. As per our experts, the robot’s algorithm is more than 88% accurate.
Hello Everyone, my name is Bolton and I am an absolute beginner. I need a firm advice with proofs that which is the best robot for me to start my investment?
Hello Bolton, we understand your confusion and we have the solution for you. Cryptosoft and Bitcoin Revolution are great crypto robots for beginners as they have very friendly user interfaces. Read our in-depth reviews on these robots to get fully acquainted with them and be sure that they are the right ones for you.
Fantastic article and awesome research you guys have done, its pretty cool. I have been wandering on internet all day to find a decent article that can give me actual and updated information about Ethereum Code. What do you suggest how do I start?
Hello Chad, we are happy to hear that our review was helpful for you. If you are interested in investing in Ethereum Code and are a beginner in the field, we would recommend you to start with $250 initially so that you can learn to trade properly without involving huge risks.
how does the ethereum code software work? what is the best cryptocurrency to trade with the ethereum code software???
Hello Jack, the Ethereum Code is legit and easy to use. It uses thorough market prediction algorithms to determine the best possible operations to make. The Ethereum code only uses trading pairs of Ethereum for trading, so, you don’t have to worry about choosing the right cryptocurrency.
What is the best Cryptocurrency to trade with this bitcoin? Is it safe to invest in this software?
Hello Rhoda, The Ethereum Code crypto bot only uses Ethereum for buying and trading so you don’t have to worry about choosing right cryptocurrency to trade with on this platform.
I will recommend this to everyone who is looking for a simple, easy and convenient way to make good cash through ethereum. Although Ethereum code is still in its beta stage it has been working greatly and I made some cash while using it ($600). What is the smallest amount that can be invested in this software? How recommendable is this robot really? Will I be able to withdraw my funds easily?
Hello Peter, the minimum amount that you can invest in Ethereum Code is $250. According to our research and test results, this robot is highly-recommendable. As for the withdrawal system, the process is very easy and simple and the money was transferred to our account within the specified timeline.
Luckily I have landed on this page. I was facing some difficulties in creating an account but now I have a complete guided approach that I can use to setup. Is there another robot like Ethereum Code?
Hello Jedjax, we are happy to hear that our review and guide has been helpful for you. As for your question, yes, there are a number of other legit and secure crypto robots like Ethereum Code. Check out our Bitcoin Robot guide on the topic.
Ethereum Code is a good bot and I recommend all the newbies to use it. Its interface is easy and its quite handy. Also, do you know how do I track a bad robot and avoid myself from falling into their trap because I have a tendency to fall in these traps so easily?
Hello Gavin, the best way to avoid being scammed by scam platforms is to do proper research before going in. We have reviewed a large number of popular crypto robots and identified the legit ones. You can use our reviews on crypto robots to find out if a crypto bot is a scam or legit.