Cheated by a financial organization, does not withdraw money? Do you want to check the financial company?
Project analysis: what did you find out about the service?
Eth Profits does not tell immediately about itself. Although there is a lot of information about the project on the net, the site itself is designed very concisely. The tab About the company contains information about the mission of the project, its philosophy, and basic values. The service management also claims that the Eth Profits team consists of true professionals who have devoted most of their lives to online trading and the various strategies studied. We did not find the foundation date of the holding on the resource. But, judging by the footer and the lack of feedback on the forums, Eth Profits was launched relatively recently. In the contact section, there is a registered address of the corporation. Its headquarters is located in London. You can keep in touch with support in several ways. There is an online form for a quick response, several numbers with UK codes, and an e-mail. There are days off for Eth Profits employees on Saturday and Sunday. The rest of the time, technical support processes messages 24/7. But, since the proje
ETH Profits is an unlicensed broker offering cryptocurrency trading. However, its terms are unclear and its reputation is questionable.
|Official website of the company
- Diversity of accounts
- MT5 trading platform
- Working with cryptocurrency
- Insufficient data on regulators and registration
- Mixed reviews about the project
- Support doesn't work well
- High minimum deposit
Bronze, Gold, Platinum
RUB, EUR, USD, Cryptocurrencies
Bank card (Visa/MC), electronic wallets
|Minimum deposit amount
Cryptocurrency, metals, stocks, indices, commodities
ETH Profits offers trading in cryptocurrencies and other assets, but with unclear terms, no license, and high minimum deposits.
Eth Profits is an investment fund based on the Ethereum smart contract
The creators of the Ethprofit smart contract position their project as an international investment fund with a return of 4.25% to 5.5% daily.
The following advantages of this contract are stated on the project website:
- 100% of investments are distributed among investors;
- The smart contract is open source and disclaimer;
- Possibility of increasing the interest rate;
- Equal conditions between all participants in the system.
This project does not provide for payments to admins, there is no advertising budget and no referral program. The entire budget is distributed among investors, on the one hand, it is attractive, on the other hand, the project participants are responsible for its further promotion and attraction of new investors. How such a model will work is still unknown. But several jumps have already been recorded with the Eth Profits down.
At first glance, the conditions are very similar to the conditions of the Easy Invest smart contract, the main difference and the “chip” of Eth Profits is the floating interest rate.
The interest rate in the Smart Contract of the Eth Profits Fund has increased and decreased from 4.25% – to 5.5%. The interest rate increase step is – 0.25%, the increase is made every + 1000 ETH on the Smart Contract balance. If the balance decreases, then the dividend interest rate decreases, but not below 4.25% daily. Please note that the maximum interest rate threshold is 5.5% daily.
What are the conditions for trading?
The financial agent spoke in great detail about why users can trust him. He considers his main advantages:
- complete safety of savings, since depositors’ money, is kept separately from the company’s funds;
- wide geography of presence (the intermediary serves investors from 30 countries of the world);
- availability of a free training base; the ability to copy trades of more successful traders;
- access to advanced graphs, charts, and tools.
The smart contract automatically recalculates the interest rate according to the amount of ether in the project and makes accruals to investors. The smart contract code is open and verified. Also, the smart contract has passed an independent audit, where it was confirmed that the contract code is clean and with a disclaimer of ownership. In other words, the smart contract does not have an owner or administrator who can influence its operation and withdraw investors’ funds, the contract works autonomously.
How to invest in Eth Profitss smart contract
To invest in Eth Profits, you need to transfer any amount of ETH (but not less than 0.1) to the smart contract address 0x9b5bbb16a7a68660f6503eff6c8e3159820d6396. It is necessary to send cryptocurrency only from wallets; it is possible to specify a limit and its price, for example, such as MyEtherWallet or MetaMask.
To receive your interest on the deposit, it is enough to send a transaction in the amount of 0 ETH from your wallet to the smart contract address.
So far, there is no information that Eth Profitss payed large sums to its contributors. But there is also no information about delays in payment or withdrawal of money.
Using eth what other coins can I purchase to make profits?
If you want to invest in cryptocurrencies, there are many factors to consider. When investing in coins built on decentralized proof-of-stake (PoS) networks, you can use staking, which contributes to a more secure and efficient operation of PoS networks.
Cryptocurrency staking is a process that involves depositing funds in a digital wallet for an extended period to support the verification of transactions on PoS blockchains. Users earn additional cryptocurrency by participating in transaction verifications. It is best to use the following cryptocurrencies for these transactions:
- BitDAO (BIT)
- Tether (USDT)
- USD Coin (USDC)
- Terra (LUNA)
- Polygon (MATIC)
Eth Profits Reviews
Since the project is fairly new, there are few reviews. But there is nothing that would indicate serious problems. Users note some investment’s unreliability and call for caution. But we did not find frankly negative reviews.
We recommend that you take a responsible approach to choosing a broker for long-term cooperation, as there are many unscrupulous offices on the market. Read reviews on independent platforms, analyze expert materials, and only then make a final decision. Those who have already managed to work with Eth Profits, please share your opinion in the comments.
The project has not yet been studied enough to judge it in the long term. However, it has every chance of success. But, since cryptocurrencies are a rather risky trading segment, it is recommended to be as careful as possible when working with such assets.
Ready to start investing? Open an account with a proven broker with the best conditions and favorable bonuses
The company’s rating and reputation largely depend on whether its clients are satisfied. The reviews about ETH Profits are not the most flattering, and therefore you should take a close look at them before deciding to cooperate with this platform.
To add a review of this company on the resource, you do not need to spend a lot of time. The whole procedure takes no more than 5 minutes, and this is already with registration. A letter with a link to confirm registration will be sent to your e-mail, and it will also contain detailed instructions on how to add a review to the site.
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