Do you want to become a millionaire using Ethereum? We bet you do but it obviously can’t be so easy, surely. ETH Millionaire, the company that we are going to review today, states otherwise. According to ETH Millionaire, you can become rich with only a few clicks per day. If you want to know if this is the truth or not, it is time to read our review.
What Is ETH Millionaire?
ETH Millionaire is a site that, as you might imagine because of its name, states that you can become a millionaire using Ethereum. The central idea is pretty simple and kind of makes sense: ETH is less valuable than Ethereum but it still is very valuable and is the second biggest currency in the crypto market, so it still has a lot of space for growing (maybe even more than Bitcoin).
That said, the company gets less trustworthy when it starts to talk about how you are going to profit with ETH. The key to become a millionaire, if you believe what the company is telling to its clients, is to use an automatic trading software that the company has that will make you get money via trading ETH.
How To Use ETH Millionaire Ethereum Trading Software
The company states that you can download the software for free and then you can deposit some amount of money on your account. After you have made the deposit, you can start trading. The site also states that you have 10 minutes to create your free account or the “free promotion” will pass.
It is important to state that the own company ETH Millionaire says that the software and the company are not regulated via the investment laws of the US and that you cannot invest if you are an American.
Is ETH Millionaire A Scam?
Yes. It is safe to say that ETH Millionaire has all the hallmarks that scams generally do. You know which they are? Vagueness, promises of wealth and blatant lies.
The site is very vague about how ETH will make you rich. Right, ETH is valuable, but it is valuable if you buy and keep it or if you trade it at key moments and even then you can actually lose money with this process. By promising a lot and not explaining very well how you can get it, ETH Millionaire tries to lure you into believing that you should use it.
The registration countdown and the number of limited places on the platform are also red flags. They are there to create a sense of urgency that you will not have otherwise. If you think too much you will probably not fall in the scam.
Other lesser points are the fake “live” chart that is actually an image (there is a real life chart on the same page) and the site reads your IP to know which country you are from to tailor the site for you.
ETH Millionaire Conclusion
ETH Millionaire is another low-effort scam. There are so many on the internet that you can easily spot one after you have seen some of them. Many of the scams have very similar structures, so if you pay attention, it will be considerably more simple to avoid them in the future and to discover new ways to invest with safety.