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Offering a new way for investors to enter the volatile cryptocurrency markets, Ethereum Code provides an automatic cryptocurrency trading bot which according to its website scans the altcoin markets, particularly ETH, for potentially profitable trades.
This Ethereum Code review will assess the platform’s legitimacy by evaluating all the available features, payment methods, security protocols and more.
Ethereum Code AI Overview
To get started, this Ethereum Code review will take a look at some of the platform’s important features and offerings. Note that this crypto trading bot is also referred to as ‘The Ethereum Code’.
| 🏺 Platform type | Cryptocurrency trading platform |
| 💠 Supported cryptocurrencies | BTC, ETH, BCH, LTC, XRP and more |
| 🕘 Withdrawal time | 24-36 hour withdrawal times |
| 💵 Minimum deposit | $250 |
Ethereum Code – Explained
To allow investors to make informed trading decisions and strategies, the Ethereum Code trading platform offers its software to generate new trades on some of the best altcoins such as Ethereum, XRP and others. Furthermore, the Ethereum Code website claims to support trading on popular FX pairs and stocks such as Amazon, Apple and more.
After creating an account and confirming your details, one can simply leverage the Ethereum Code trading software for free. Investors must make a minimum deposit of $250 or more to get started.
Notably, investors can access the Ethereum Code platform via a tailor-made web-mobile app, Web Trader, or MetaTrader 4.
Ethereum Code – Pros and Cons
The next section of our Ethereum Code review will take a look at some of the main advantages and weaknesses of this cryptocurrency trading bot.
Pros
- Multi-Asset Trading Bot
- Available via MetaTrader and a web-mobile platform
- Offers leverage trading
- No Subscription fees
- Multiple payment methods
Cons
- Lack of company information
- High minimum deposit to get started ($250)
How Does Ethereum Code Work?
According to the Ethereum Code website, this automated trading platform deploys software that has the capability to scan the volatile digital assets markets in real time. After creating an account, an investor can customize the options and begin using the auto trading feature with the click of a button.
On the auto-trading function, the software looks for new trading signals and sends them to various brokers with which the platform has partnered. The brokers automatically open new trades on behalf of the user. The proprietary trading feature can be leveraged for free on Ethereum Code without paying a subscription or monthly fee.
Notably, Ethereum Code supports short-selling and long options on cryptocurrencies. Therefore, investors can profit by betting on an asset’s price to increase or fall by a certain amount.
According to the website, Ethereum Code even offers leverage trading. With this feature, investors can heighten the value of their trades – increasing the amount of profit or loss they can earn. However, this function may be suitable for traders with a high-risk appetite. The platform also claims to support opening multiple trades daily, as the software can flawlessly handle the mirroring of trades. It is suggested that users must engage with the platform for at least 15 minutes a day to start seeing results.
Ethereum Code suggests that it offers advanced algorithms that allows one to make more profits daily. However, we were not able to verify any of these claims without opening a new account and reviewing the results.
Main Features of Ethereum Code
To get a better idea of Ethereum Code’s offerings, we will now look at some of the main features of this top crypto trading bot.
Multi-Asset Trading
Most of the trading bots that have emerged in the past few years caters solely to crypto-based trading. However, Ethereum Code claims to offer multi-asset trading opportunities. Firstly, investors can trade some top cryptocurrencies such as Ethereum, XRP and more. Alongside that, Ethereum Code also supports Bitcoin trading.
Moreover, platform members can access popular forex pairs such as the EUR/USD pair and even invest in blue chip stocks such as Apple and Amazon. Thus, one can diversify their portfolio by joining the Ethereum Code trading platform.
Leverage Trading
Advanced and experienced traders looking to profit from a small investment amount can access leverage trading functions up to 1:1000 on Ethereum Code. With this feature, investors can increase the amount of capital they trade with.
For example, let’s assume an investor is opening a position worth $500 with 1:10 leverage. This means their position will now be worth $5,000 – due to the 10x leverage applied. Thus, a trader stands a chance to earn 10x profit. On the other hand, one can multiply their losses by 10x with leverage trading, making it a high-risk feature to use.
On Ethereum Code, investors can also long and short cryptocurrency positions.
Compatible via Multiple Platforms
The Ethereum Code website claims that it is compatible with Web Trader and Meta Trader 4 – popular electronic trading platforms offering multiple technical analysis charts on trading pairs. Ethereum Code also offers an intuitive web-mobile trading feature – making trading more convenient.
Fast Withdrawal Speed
According to the trading platform’s website, Ethereum Code offers fast withdrawals to all users. After withdrawing your funds with a debit/credit card – the funds will be available in your bank accounts within 24-36 hours.
Tight Security
The Ethereum Code platform claims to take various security measures to protect the privacy and safety of all users. The platform uses SSL (Secure Sockets Layer) encryption – a protocol designed to offer communications security.
Ethereum Code also uses high-end blockchain encryption to secure transactional data. Moreover, the trading bot claims to work with some CySEC-regulated (Cyprus Securities and Exchange Commission) brokers that initiate new trades on behalf of the users. However, we were unable to confirm these claims on the website.
Ethereum Code Fees
After creating an account with Ethereum Code, a member can access the proprietary trading feature for free. Moreover, the trading bot does not charge any monthly subscription fees. Therefore, the minimum deposit of $250 is the only time an investor may have to deposit funds in the account.
| Account Fees | $0 |
| Deposit/Withdrawal Fees | $0 |
| Commission | $0 |
Ethereum Code – Is it a Scam or Legit?
Ethereum Code claims to provide high returns through its crypto trading bot, which automatically scans the cryptocurrency markets to make the best possible trades. While some crypto trading bots appear to be scams due to their lack of information, Ethereum Code provides information related to its payment methods, subscription fees and account features.
However, the lack of transparency in confirming Ethereum Code’s claims makes it difficult to properly analyze the platform. Without making a minimum deposit and accessing the features on Ethereum Code, we cannot confirm this trading bot’s success rate or authenticity. Therefore, investors may want to visit the website and familiarize themselves with the platform before making an investment decision.
Readers can also check out our best automated trading platforms guide to review some of the other available trading bots in 2024.
We also recently wrote a top ten crypto trading bots article that includes a new platform with its native ERC20 token on presale now.
Ethereum Code Minimum Deposit
As per the platform, Ethereum Code has a minimum deposit requirement of $250. Investors can use a credit/debit card to fund their investments on Ethereum Code.
Ethereum Code Customer Support
Ethereum Code claims to offer 24/7 online assistance via live chat and email to support its customers with any problems.
How to Use Ethereum Code
Want to know how to begin trading with this crypto trading bot? The sections below provide a step-by-step guide on how to begin using Ethereum Code.
Step 1: Visit the Ethereum Code Website
The first step is to head over to the Ethereum Code website and begin filling out the registration form.
Enter your full name, email address and phone number and click on ‘Register Now’.
Step 2: Make a Minimum Deposit
To access the proprietary trading software, investors must make a minimum $250 deposit. You will also be required to complete a KYC (Know Your Customer) form to verify your account.
Step 3: Customize Your Account Settings
After making a minimum deposit, investors can customize the setting and choose between automatic or manual trading software. Users can also select their preferred trading instruments and choose the time of the day when they want the trading software to function.
Step 4: Begin Trading with Ethereum Code
After customizing the setting, investors can begin trading with Ethereum Code. The software will begin scanning the markets for potentially profitable trades and send trading signals to the partnered brokers to open new positions.
Conclusion
Our Ethereum Code review has conducted a detailed analysis of all the available features, asset classes and payment methods that this auto-trading bot provides. Due to a lack of transparency on the platform, we cannot verify the Ethereum Code’s claims.
However, we recommend readers visit the website and decide whether they consider Ethereum Code to be a scam or legit.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.