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Ethereum Code Review 2024 - Is it Legit Or A Scam?

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By Onose Enaholo - Updated 29 August 2024
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Crypto trading bots are becoming the go-to mechanism for trading. One such tool is Ethereum Code. Like several crypto trading bots, this tool works on its own, looking at the digital money market and guessing if prices will go up or down.

If it guesses right, it makes trades and can make you money. What’s remarkable is that once you get it up and running, you don’t have to control it because it does everything by itself.

Ethereum Code says it can make you lots of extra money, doesn’t charge you a lot, and is easy for everyone to use. But can you trust what it says?

We did our checks on Ethereum Code. We looked at how it works, how you can use it, what’s good about it, what’s not so good, and what you should consider before trying it. We want to help you figure out if you want to spend your time on it.

What We Found: Ethereum Code Is The Real Deal!

We looked closely at this trading platform, and from what we’ve seen, Ethereum Code is not a scam – it seems to be a genuine way to trade digital money.

Everything they say seems trustworthy. If you’re considering making an Ethereum Code account, just use the link below. You’ll get going quickly, and someone will help you set up your account.

Table of Contents

Ethereum Code Summary

Minimum Deposit

$250 or €250
Fees and Commission None
Claimed Success Rate 88%
Supported Cryptocurrencies 5+ cryptos
Deposit and Withdrawal Fees None
Trading Platform Web
Demo Account Yes
Verification Yes. KYC
Leverage

5000:1

What Is Ethereum Code?

ethereum code crypto bot website homepage with signup section and video explaining the robot

Ethereum Code is like a helper for trading digital money. It’s a bot that uses smart computer thinking to look at what’s happening in the digital money market and do trades for you. This bot checks how prices go up and down, guesses what will happen next, and picks the best times to start or stop trading. You can let it do everything by itself or try different strategies.

Who Made Ethereum Code?

Ethereum Code is supposed to be made by a team of experts, including someone who used to work on Wall Street, computer people, and money experts. But we don’t know who they are. It’s not unusual for crypto projects to have secret creators and still be trusted. That’s why we didn’t say Ethereum Code was bad until we tried it ourselves.

How Does Ethereum Code Work?

Ethereum Code is like a smart robot that constantly watches the trends in cryptocurrency prices. It finds patterns and guesses what will happen next. When it’s sure about a pattern, it makes trades that make money. This robot can understand what’s happening and how things went in the past. It’s like looking at old records to guess what might happen in the future.

When the trading bot wants to execute trades, it uses Contracts for Difference (CFDs). These are trades where the bot is bidding on the change in the price of a cryptocurrency, rather than buying the crypto outright.

People can use these to make money when prices go up or down. They get some money if they think prices will go up, and they’re right. It’s the same when prices go down. But if they guess wrong, they might lose money.

Ethereum Code connects to another company that does trades. It tells this company what to do and when, and the company does the work. The robot talks to the company and tells it what digital money to buy or sell.

Ethereum Code Pros & Cons

Pros

  • Ethereum Code uses intelligent algorithms to trade automatically, making trading more straightforward and less time-consuming.
  • The platform constantly watches the market and uses real-time data to make quick decisions based on price trends.
  • The bot identifies patterns in the market, allowing it to predict potential price movements and execute trades at optimal times.
  • The Ethereum Code leverages artificial intelligence, which is usually expensive and complex, making it available to traders without advanced technical knowledge.
  • By taking advantage of the bot's quick analysis and execution, users can capitalize on market opportunities and earn profits.

Cons

  • Automated trading carries inherent risks, and the bot's predictions may not always be accurate, resulting in financial losses.
  • Relying solely on automated trading means traders have less control over their strategies and decisions.
  • Technical glitches or outages could disrupt the bot's functioning, leading to missed opportunities or unintended trades.
  • While the Ethereum Code promises high returns, some claims might be exaggerated, and actual outcomes may vary.
  • The anonymity of Ethereum Code's creators and the reliance on a third-party broker might raise concerns about transparency and accountability.

Key Features of Ethereum Code

Getting Help When You Need It

If you have any problems or need help setting up your account, Ethereum Code has a team ready to help you. They’re available most of the week, 24 hours a day. You can call them on the phone or send an email if you have a severe issue. Usually, they reply to emails quickly, usually within a day on weekdays.

Trying Without Risk

There’s a way to try out Ethereum Code without using your own money. It’s like a practice account. You use fake money, but the actual prices of things are used. This helps you see how your choices would work and if your plan is good before you start with real money.

Suitable For Testing And Learning

This practice mode is helpful for people who want to test how the robot works before they spend real money. Even people who know a lot about trading can use it to check and improve their strategies before they start for real.

Many Different Cryptos

Ethereum Code works with eight significant digital currencies, like Ethereum, Shiba Inu, Basic Attention Token, and 0X. But when the robot trades, it mixes these with regular money to make different pairs. For example, it might use Ethereum and US dollars or Shiba Inu and euros. This lets Ethereum Code offer more than 50 different pairs to trade.

Succeeding In Trades

Ethereum Code’s innovative thinking has a unique formula that’s said to make 88 out of 100 trades successful. This means that most of the time, it is right about what will happen. But remember, this number might not be 100% true all the time. It’s still a good sign that the robot is intelligent enough to make money.

Getting Your Money Back Easily

When you want your money, you can take it out of Ethereum Code at any time. They don’t stop you or make it hard. Once you ask for your money, you usually get it within a day. The way you get your money from them might have some rules set by the company you use to make payments, like credit cards or banks.

Factors to Consider Before Using Ethereum Code

Before you join Ethereum Code, make sure it suits you. We looked at different things that show how well Ethereum Code works. We gave each thing a score out of five.

Costs And Fees: 5/5

Most Bitcoin trading places ask for money, like fees for using them, taking out money, and more. But with Ethereum Code, you don’t pay anything. When we tried it, putting money in and taking it out was free. We didn’t pay to trade, just a little when we swapped money. So, using Ethereum Code didn’t cost us a thing.

Deposit Methods And Withdrawal Limits: 4/5

To start with Ethereum Code, you need at least $250. You can use credit cards like VISA, Mastercard, Discovery, and American Express or a bank transfer. We tried both, and it was easy. But remember, while you can take out any amount, your card or bank might only let you take out a little at a time. Check this out before you try.

Verification System: 4/5

When you make a new account, you must prove who you are. You use your ID and a piece of paper showing where you live. We did this, and it was quick. The whole thing took about 30 minutes because we had our papers ready.

User Testimonials: 4/5

When others say good things about a service, it’s a good sign. Ethereum Code has many people saying good things about it on different websites. These people think the robot is good at making money.

Customer Support: 5/5

You can get help on Ethereum Code 24/5. You can email or call them. They’re there to help you start and solve problems. We called them, and a real person helped us. But at first, we talked to a robot. You just have to ask to talk to someone.

Brokers: 4/5

When you sign up, you pick a crypto broker from a list. These brokers are known in the crypto world. The ones we saw were okay. But, some brokers we wanted were missing from the list. This is because only certain brokers work with Ethereum Code, not all of them.

How Does Ethereum Code Compare To Other Bots?

There are other options, like Ethereum Code, for trading digital money. Let’s examine them closer:

  • Bit Index AI: This bot lets you use different types of money and trade many digital currencies. It’s a good choice if you want to go beyond just Bitcoin.
  • Qumas AI: This bot promises to make you a lot of money quickly.
  • Immediate Edge: A lot of people like this choice. It works in many countries, about 150 of them.
  • Bitcoin Code: Just like Ethereum Code, it only trades with Bitcoin and things like it.

Remember, before you choose any of these, do some research. Make sure it’s what you want!

Is Ethereum Code a Scam?

To check if something is trustworthy, we look at how it helps customers and what people say about it online, usually on good websites. Usually, crypto scams put little effort into helping customers. But Ethereum Code’s team is there to help you during the week. They try to solve any issues.

People who used Ethereum Code and wrote about it online mostly said good things. We watch for reviews that sound too perfect or unclear, which can be fake. But these reviews were detailed, and while some problems were mentioned, they weren’t too serious.

Is Ethereum Code Safe?

Using Ethereum Code in your daily trading is safe. They use strong protection, like a lock on the internet (SSL encryption), to keep bad people out. To ensure bad people don’t pretend to be someone else, Ethereum Code follows rules that check who you are (KYC practices). This helps make sure only real people can use the platform.

6 Reasons to Use Ethereum Code For Trading

1. Trade Faster

Crypto trading bots like Ethereum Code are super fast—much quicker than humans. They can do trades quickly and handle lots of them at once. Ethereum Code is just as fast. It makes and completes trades quickly, spots trends immediately, and reacts even when prices suddenly drop.

2. Trade Without Feelings

Ethereum Code doesn’t have emotions like people do. It follows plans and data. It does exactly what you tell it to. This is helpful because it looks at the market like a math problem. It can find patterns and use them to guess what might happen next.

3. Trade All the Time

Ethereum Code can work non-stop if you want. The crypto market is always open, so the bot can keep looking for chances to make money all day and night.

4. Stay Safe with Risk

With Ethereum Code, you can set rules that protect your money. It follows your rules for every trade, even when you’re not there. This way, you decide how much to risk, and the bot listens.

5. Make It Your Own

Ethereum Code has incredible things for different types of traders. If you’re new or know a lot, you can use the tools it gives you. You can even change how the bot works if you’re really good. And if you’re just starting, you can use extra tools to be more accurate.

6. Keep Things Safe

Ethereum Code takes care of your information. It uses a very strong lock to keep your data safe. Also, your money is kept with unique companies, so it’s safe even if something terrible happens. So far, there’s no proof of any problems with safety.

How to Trade Effectively With Ethereum Code

The best way to trade with Ethereum Code depends on your trading knowledge. If you’re new, start with a crypto demo account. It’s like practice, where you can learn without using real money. You can try different ways of investing and see how they work.

Once you understand trading and have tested your ideas, you can use a real account with the robot. This way, it makes trades for you based on what you decide. You can adjust the settings to make it work better. As you get better at trading, you can use more advanced tools to improve your strategy.

Did Ethereum Code Ever Show Up On TV Or Get Celebrity Support?

Because Ethereum Code became famous suddenly, there were lots of rumors about it on the internet. Are any of these stories true? Here’s what we found out:

Dragons’ Den

There were talks that Ethereum Code was on a TV show called Dragons’ Den with investors like Deborah Meaden, James Caan, and Peter Jones. But we looked into it, and it’s not true – Ethereum Code was never on that show.

Shark Tank

People also said Ethereum Code was on a show in the US called Shark Tank, like Dragons’ Den. We checked all the episodes, but the robot was never talked about.

Celebrity Support

There were stories online about big technology leaders and celebrities saying good things about Ethereum Code. We looked into these claims, too:

  • Elon Musk: He made cool things like Tesla and SpaceX. While he likes new projects, he didn’t support Ethereum Code officially.
  • Mark Cuban: He’s known for investing smartly. But there’s no proof at all that he invested in or supported Ethereum Code, even though people said he did.
  • Bill Gates: He’s a prominent tech billionaire. But he uses digital money sparingly. He never supported Ethereum Code or any other crypto project.

So, all these rumors were just that—rumors!

Tips For Using Ethereum Code Safely And Managing Risk

Here are some smart tips to help you stay safe and manage risk well when using Ethereum Code:

Start Small

Begin with the smallest amount, $250, and slowly grow. Trading can be risky, so ensuring the robot makes you money before investing more is essential. When you start, you can also do smaller trades, like around $20, so you don’t need to risk a lot.

Save Your Gains

After a good trade, take some of the money out as profit. Prices can change significantly, and you want to keep what you earn. It’s a good idea to save some of the money you make. Put away half of what you earned so that you still have something even if your next trade doesn’t go well.

Listen To The Experts

Smart traders pay attention to what the experts say. If you’re serious about trading, follow the news about digital money and what’s happening. You can sign up for newsletters or read reports from trustworthy people. But remember, don’t just believe everything they say. Think for yourself, too.

Keep Track of Your Trades

Write down all your trades. This helps in two ways. First, you can see what you did and improve it next time. Second, you can use these records to figure out how much tax you owe. Some places need to know this information so people pay the right amount of tax.

Learn About Crypto

Spend time learning more about digital money. Big ideas in the world can affect how much digital money costs. When you know more, you can make more intelligent choices. You can use this knowledge to improve your trading plan and earn more money.

Ethereum Code Trading Strategies And Algorithms

Let’s talk about how to trade smartly with the robot:

Smart Robot Trading

Ethereum Code’s robot can trade all day and night, even when you’re sleeping. This means you can make trades when you’re not around. But remember, you need to set the rules right for this to work well.

Following News And Trends

The robot also knows about news and trends. If there’s a significant price change because of news, it can do a trade to make the most of it.

Taking Advantage Of Different Prices

The robot can also look at the prices of different digital currencies on different websites. If it sees that the prices are different, it can make a trade to make money from this difference.

How To Use Ethereum Code - Step-By-Step Guide

1. Sign Up With Ethereum Code

Create your Ethereum Code account by giving your name, email, and phone number. You’ll get an email to confirm your account. Click the link in it. Then, prove who you are by sharing a valid ID and a utility bill.

2. Connect With A Broker

Join a broker that works with Ethereum Code. Their signup is like what you did earlier. Depending on the broker, you might need more information, like a bank statement.

3. Try Out The Demo

Use the demo account to learn. Try out strategies here before using real money. The demo uses accurate market information, so if something works here, it could work with real money.

4. Put In Some Money

Deposit at least $250. You can use a credit card in most places.

5. Start Automatic Trading

Setting up auto trading means picking some critical numbers for your plan. You need to know:

  • Entry Point: When to Start a Trade.
  • Exit Point (Take Profit): When to end a trade and make a profit.
  • Stop Loss: When to end a trade to prevent significant losses.

6. Managing Risk

Decide how much risk you’re okay with. It’s wise to risk at most 3% of all your money on one trade. Put your stop loss where the loss is less than 3% of everything you have.

Ethereum Code Assets, Market, and Options

Ethereum Code Trading Assets

Ethereum Code supports eight significant cryptocurrencies Ethereum, Shiba Inu, Basic Attention Token, and 0x. But it doesn’t trade these directly. It uses something called CFDs. These pay you the difference between the starting and ending prices if you guess right.

Here’s an example: Let’s say you bet $250 that Ethereum’s price will go down from $1,600 to $1,700. But it goes up instead. You’ll lose around $15.62 because of how CFDs work.

Ethereum Code Leverage Options

Ethereum Code lets you leverage up to 5,000 times what you put in. But that’s super risky, even if you’re good at trading. Here’s why: Imagine you put $250 in and used 5000x leverage. You could trade as if you had $1.25 million! So, if Ethereum goes up even a little, you could lose thousands, even with a small price move.

But the people you trade with might stop trading before this happens. It’s best to use lower leverage, like 1:100 or less. And always have a stop loss in place to avoid big losses.

Ethereum Code Spreads

Ethereum Code says little about spreads on its site. But the brokers it works with usually have spreads—that’s the difference between buying and selling prices.

Can I Use Ethereum Code In My Country?

Can I use Ethereum Code in the US? No
Can I use Ethereum Code in the UK? No
Can I use Ethereum Code in Australia? Yes
Can I use Ethereum Code in Sweden? Yes
Can I use Ethereum Code in Germany? Yes
Can I use Ethereum Code in Austria? Yes
Can I use Ethereum Code in Switzerland? Yes
Can I use Ethereum Code in Denmark? Yes
Can I use Ethereum Code in Finland? Yes

Ethereum Code Review - Final Thoughts

Ethereum Code is like a helper robot for trading Ethereum and tokens like ERC-20. It uses a clever computer program to look at crypto prices and find patterns. When it sees a pattern again, it makes a trade to win. The robot suits people who like Ethereum and watch how its prices change.

Signing up is quick, and they make sure your information is safe. If you’re new, they’ll help you get started. To begin, you usually need to put in at least $250. But before you do that, you can try it out with pretend money in the demo. Remember, be careful with leverage; it can be risky. And always keep an eye on how much you’re willing to risk.

Ethereum Code Review Methodology

We look at many tests, reviews, and what people say online to give you a good view. We make sure to listen to different opinions. We know the internet has fake stuff, so we work hard to find out what’s real and what’s not in our Ethereum Code review. Check out why trust us and how we test pages for more information on our testing process.

FAQs

Do I Need to Be a Pro to Use It?
You don't need to be an expert, but knowing about trading and digital money helps. If you're new, you can let the robot trade for you.
How Much Can I Make in a Day?
How much you make depends on how much you put in and how good you are.
How Much Time Do I Need to Spend?
Ethereum Code only asks for a little of your time. Just set things up and let the robot work. Check-in sometimes to make sure everything's okay.
Is there an Ethereum Code app?
No, there's no particular app for Ethereum Code. You can use it in your internet browser.
Can I make money with Ethereum Code?
Yes, you can. Ethereum Code gives you tools and lessons to help you make intelligent choices.
Can my Ethereum Code account get hacked?
The chances are super low. Ethereum Code uses vital security tools to keep your information safe.
What if My Account Gets Locked?
Call or email the customer support team during the week if that happens.
Is Ethereum Code a pyramid scheme?
No, it's not a scheme. Ethereum Code offers an honest service and only charges for that. You don't have to bring in other people to use it.
What should I do if I’m losing money with Ethereum Code?
If you're losing, check if it's not just a short thing. The robot's accurate, but sometimes it may not be perfect.