IS ETHEREUM CODE A SCAM?

IS ETHEREUM CODE A SCAM

Ethereum is a recent cryptocurrency invention. Ethereum’s development has become the substitute cryptocurrency asset which traders use to approach the cryptocurrency trading market. VitalikButerin is the forefront developer of the Ethereum cryptocurrency asset, he proposed its development in 2013, and Ethereum went live in July 2015.

Ethereum has grown to become a very formidable name in the world of crypto investments since its creation.  According to an article on Yahoo finance, Ethereum is ranking as the second-largest cryptocurrency globally now.

Many investors have taken advantage of this fantastic cryptocurrency asset and have made lots of profits from it. Traders have developed a lot of systems around Ethereum trading since its inception.

ETHEREUM CODE

Ethereum code is an internet-based platform which allows cryptocurrency traders to buy and sell Crypto assets online. The world has witnessed a lot of crypto scams in recent times, and with the advent of a new cryptocurrency trading platform, it becomes imperative to get a proper review of its platform.

The availability of a trading platform that simplifies cryptocurrency trading like the Ethereum code platform raises the alarm in the minds of traders and investorsabout the originality of the platform. The fact that crypto scams have taken on a new toll of an innovative approach to deceiving traders into losing their funds is why a lot of people find it hard to trust the Ethereum code platform.This article will show the nitty-gritty of the Ethereum code platform and leave you to make your decisions about its platform.

FEATURES OF THE ETHEREUM CODE PLATFORM

Ethereum code is the similitude of a Forex brokerage platform. The only difference is that the Ethereum code platform operates only within the broadband of cryptocurrencies. TheEthereum code platform allows for the exchange of crypto assets on its platform. This treading platform works online and has some technical algorithms that simplify the trading experience even for complete beginners of the crypto assets trading environment. The Ethereum code platform has a bot that allows for automated trading activities. The trading bot of the Ethereum code platform eases the trader of the need to sit on the spot and monitor trade activities all day. According to some user reviews about this trading platform, some users make over one thousand dollars on the Ethereum code platform daily.

Marc Weston created the Ethereum code platform. Marc has been in the trading profession for many years and has garnered a lot of experience to develop this brokerage platform.The Ethereum platform focusses its trade activities around the Ethereum crypto asset. The creators of this platform recognize the profit prospects that surround the Ethereum crypto asset. The trading signals and algorithms of the Ethereum code platform focus on the Ethereum crypto assets, and they are more suitable for trading Ethereum compared to other crypto trade products. There are many opportunities around the Ethereum crypto asset. However, as many as these opportunities are, the Bitcoin is still the best way to approach the Cryptocurrency market, and this is why the Ethereum code platform allows traders to engage in other crypto asset trades while executing their Ethereum trades.

THE MODUS OPERANDI OF THE ETHEREUM CODE PLATFORM

The Ethereum code platform bases its operations on some fundamental principles that surround the financial assets trading world generally. We will highlight some of these things in this article. One must take note that the Ethereum code platform is pretty much the same as a financial assets investment brokerage platform, the only difference between this platform and other brokerage platforms is that this one focusses its operations around a single asset class.

AUTOMATED TRADING BOT

This trading platform allows its users to set some parameterswith which the Ethereum code platform’s bot will run the trade actions of the investor. Unlike many crypto scams, the Ethereum code platform doesnot promise the certainty of returns. The Ethereum code platform uses the information and parameters set by the investor to set up the optimum trading actions and conditions forsuch an investor. The trading bot of the Ethereum code platform allows traders to set trade parameters such as trading assets, investment amount per trade, spreads, leverage level, trade strategies, et cetera. Setting these trade parameters help the bot of the Ethereum code platform to make the best trade decisions that fit the portfolio of the investor on the Ethereum code platform.

The availability of a bot that engages in trade actions on the Ethereum code platform makes it a very advantageous trade platform because it eradicates the fear of a loss that usually surround manual trade activities. The trading bot of the Ethereum code platform does not insure the trader against a loss, as trade conditions can change acutely in very short timeframes. What thebot of the Ethereum code platform does is to engage trade actions with the minimal risk factors, thereby ensuring most trade actions on its platform are successful.

The trading bot of the Ethereum code platform also helps traders against emotional trading: an element of trading that causes many inexperienced traders to lose massively in the assets trade market. Emotional trading works in two ways; when a trader loses funds in a trade action, such a trader wants to trade more till he/ she recovers the original investments and boom! Before the trader would notice anything, his/ her account would be close to (if not completely) empty. Some traders make profitswhile trading in the financial assets market, instead of stopping to strategize about further trade actions, such traders jump on to other similar trades, and boom! 

There goes the trader losing funds, in the bid to recover some of his/ her losses, the trader engages in more trades till such loses a substantial amount of money. The trading bot of the Ethereum code platform helps against both forms of emotional trading activities. It engages in trades actions based on parameters set by the user, and it uses the best algorithm fit to engage in these trade orders.

A DEMO ACCOUNT AND A LIVE ACCOUNT OPTION

This feature of the Ethereum code platform is another reason why one must review the thought that this platform is one of the many crypto scams online. Many crypto scams hold an intonation of urgency and persuasiveness in approach. The availability of a demo trading account on the Ethereum code platform suggests a platform that allows traders to trade and build up their confidence until they are ready to face the real market conditions.

The demo account option on the Ethereum code platform exposes the trader to the real market conditions. Still, it keeps the stakes of the trader away from the trading activities such a trader engages. In other words, the demo account allows a trader to engage in trade actions without risking any funds. The availability of the demo account option on the Ethereum code platform will help newbie investors gather the confidence needed to approach the trading environment without the fear (or the emotions) that cloud the mind of newbie traders. The demo account is also useful for expert traders as they can test run new trading styles on the demo account before engaging it with real stakes.

The profits and losses made while trading on the demo account do not have any effect on the funds of the trader. If anyone intends to approach the Ethereum code trading platform, it is advisable to trade and record a consistent level of trade success on a demo account before trading with live stakes on its platform.

The live trading account on the Ethereum code platform is where all the real action happens.

INVESTMENT RATES

The Ethereum code platform allows for a wide range of investment amounts. When signing up on its platform, a trader doesn’t need to fund his/ her account. Still, when such a trader wishes to engage in trade activities (either manually or through the automated bot) on the Ethereum code platform, such a trader may be required to fund his/ her account with a minimum deposit of two hundred and fifty dollars ($250).According to some user reviews on the internet, the Ethereum code platform has been proven to produce an impressive accuracy rate of over ninety percent (90%), traders have recorded making over a thousand dollars trading on this brokerage platform daily.

TRADING SIGNALS

The Ethereum code platform provides a lot of trading signals for the use of traders on its platform. The algorithms on the Ethereum code platform allow for aggressive as well as conservative trade actions. The aggressive traders risk a lot more than the conservative ones, and are open to more profit margins, while the conservative traders are subject to lesser risks as well as smaller profit margins. The Ethereum code platform provides trading signals that help all categories of traders on its platform perform optimally well while trading their crypto assets.

OTHER FEATURES OF THE ETHEREUM CODE PLATFORM

The other notable features of the Ethereum code platform are:

  • A security support system
  • Multiple platform support
  • Web-based trading app
  • Market analysis data

CONCLUSION

There are many crypto scams in the new age of the internet, from the review of the Ethereum code platform, it doesn’t look like its platform is one out to deceive traders into the loss of their crypto assets.

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