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Eo.Trade Review - is it scam or safe?

Eo.Trade Review - Is eo.trade scam or safe cryptocurrency exchange?

RATING: 2 / 2 REVIEWS Eo.Trade
Eo.Trade is not regulated. We cannot guarantee your money is safe.

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 Trading Accounts & Conditions

 

Account type Leverage Maker Fee Taker Fee Deposit Fees
Standard Undisclosed Undisclosed Undisclosed Undisclosed

 

Eo.Trade is a cryptocurrency exchange, which is currently in the ICO stage. We have written about the coin offering here. This review will be updated as we get more info on the project.

 

Eo.Trade Advantages

 

Backed by a binary options broker – Eo.Trade is conceived by Expert Options. While they may not be the most reliable binary broker, they are a technically capable group of people. Additionally they are a rather transparent company, which can’t be said for all players in the cryptocurrency space.  

 

Licensed in Estonia

Eo.Trade holds two cryptocurrency-related licenses from Estonia’s Ministry of Economic Affairs and Communications. More specifically, the company was granted a Virtual Currency Exchange Service License, which enables it to perform crypto to fiat trades, as well as a Virtual Currency Wallet Service License. This raises the credibility level of Eo.Trade.

 

Potentially connected to a broad ecosystem –  Eo.Trade will only be one segment of the EO ecosystem. Other than the exchange, a multi-purpose wallet, the already existing binary options broker and a news platform will potentially be created.

 

Very bold claims – the team behind this project has stated it would have “The Most Powerful Engine Among Crypto Exchanges“ and “KYC process and withdrawals will be the fastest the market has ever seen”. Obviously, we can’t verify any of this, but it sounds promising.

 

Eo.Trade Disadvantages

 

Offshore registration – Despite the two crypto licensed granted by the Estonian Ministry of Finance, the company behind the exchange, ExpertOption Ltd, is registered in Saint Vincent and the Grenadines. Such offshore zones jenerally do not inspire a lot of trust.

 

Limited information at this point in time  – This is pretty obvious, but we still don’t know what the fees, coins, payment methods or charting software at  Eo.Trade will be. The only thing which is certain is that the ICO which is currently taking place will grant investors a token, they can use to lower their fees.

 

Conclusion

 

Eo.Trade will be a cryptocurrency exchange, created by the team behind ExpertOption. The quality of their service is yet to be determined, but they aim to be part of a much wider ecosystem.

 

 

Latest news about Eo.Trade
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Traders` reviews for Eo.Trade

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Definitely a scam

I have been waiting for a year until I'll be able to get rid of eo. Token and exchange them to other crypto, they released a statement that eo. Coin can be exchanged from the 31st of March, when day came, their website went offline after 3 hours they went back online however until today its impossible to exchange eo. Coins value went down dramatically, I don't thing any one been able to exchange any of their shit coin, I made couple comments about its to warn others on their Facebook, also there was few other people who did same, they have removed my comments and blocked me so I couldn't comment again. Total scamers.

Ben 04/02/2019

Same company or not

Inquiry:
Is company eo. Trade the same company as
eo Trade. Asia

CheGojik 08/19/2018
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