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Review on Ethereum by Umeh James

Revainrating 3 out of 5

Ethereum code review 2020

The creator of the Ethereum Code is Mark Weston who is also its current CEO. Before creating this application, Weston was working at a multinational software corporation. After he heard about how one of his colleagues made thousands of dollars by being an early Bitcoin investor, he also thought about investing in the cryptocurrency market. But he couldn't invest in Bitcoin as he missed its 'early boat'. So he decided to try his luck into automated cryptocurrency trading. However, he did not achieve any success with the automated platforms he tried trading on. As a result, he thought about creating his own automated platform for trading cryptocurrency and that's how the Ethereum Code came into existence.
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What is Ethereum Code?
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Being a crypto robot application, the Ethereum Code uses algorithmic trading technology for taking advantage of the cryptocurrency market's volatile nature. Ethereum Code uses its bot for helping its users to generate profits automatically. After you sign-up on Ethereum Code, you don't need to think and deploy your strategies, technical analysis, and indicators. Ethereum Code works like the majority of the crypto robot solutions. You just have to monitor the bot's performance after you set it up.
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Open Your Ethereum Code Account Now
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How Ethereum Code Works
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According to the official website of the Ethereum Code, the application uses cloud technology for operating daily each hour, the whole year long. You don't have to download this application in order to use it. The team of the Ethereum Code also states that the platform is super fast as it uses excellent algorithms for scanning the markets several times in every 60 seconds. Due to such scans, the platform is able to search for opportunities to trade cryptocurrency.
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The team of Ethereum Code also claims on the platform's official website that if the users generate any profits through the crypto robots, those profits will be completely tax-free. But we suggest you to not take this statement of the team very seriously as the governments of each nation tax both investors and traders. Thus, there's a good possibility that you will have to pay taxes after generating profits through Ethereum Code. You can consult with an accountant to know more about how the government will tax you for using cryptocurrency trading platforms that are automated.
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Even if the team of the Ethereum Code application seems legit, you should take their claims with a grain of salt. Don't consider their promises too seriously or as a guarantee. The team of the Ethereum Code claims that you will be able to generate more than $3,000 of profits per day with the help of this application. But if that's really the case, you will become a millionaire in a year, which is a mere exaggeration as the market changes every minute and it won't be possible for every trader to generate such profits in a single day. We are denying that it ain't possible to make a profit of $3,000 in a single day while trading in a Bull Market. But you won't generate such massive profits every other day in a cryptocurrency market. After all, the cryptocurrency market is also subjected to crashes, right?

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Pros
  • It provides opportunities to generate massive profit
  • It helps to learn the IN and OUT of trading
  • You can run it on your smartphone or pc
Cons
  • You have to take the necessary precautionary measures while using the bot of the platform

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