Edaitrade: A Scam You Should Avoid at All Costs

Before reading this, I mentioned that Edaitrade is a big scam project. I receive a lot of messages in my WhatsApp message box asking me why Edai is a scam.

Well, you can choose to invest at your own risk. Edaitrade claims to have existed since 2012, but their domain name was only registered in 2021.

Moreover, Edaitrade’s trust score is very low. I won’t say Edaitrade might be a scam; it’s totally a scam project. You can choose to invest at your own risk, but trust me, you’ll lose your money.

Mineify and BitcoinX.ai were indeed scam projects, just like Edaitrade. When the time was due, they disappeared with people’s money.

I know a lot of people might claim they’re earning from Edai. Well, that’s not my problem, and this shouldn’t convince you to also invest and lose your money.

Be very cautious if someone tells you they can get your funds back from a scam. Sadly, funds recovery is often another type of fraud. Here are some legitimate platforms:

  1. Legit Investment websites
  2. Legit Trading Platforms
  3. Perform Tasks and Earn
  4. Legit Mining Hardwares
  5. Legit Loan Providers
  6. Legit Crypto Faucet

What is Edaitrade?

Edaitrade is a newly launched platform that claims to create an intelligent profit system, allowing you to enjoy the benefits of modern technology. It is driven by the investment trend of young age groups.

On Edaitrade, you can hire robots and earn income without having to devote any of your energy to transactions.

According to its website, Edaitrade creates an intelligent profit system, leading the smart investment market, and allowing you to enjoy the benefits of modern technology.

Their intelligent financial management robot provides financial institutions with new functions that follow the times, allowing financial institutions to have automated AI tools for the growth of investment among youth groups, providing services that are more stable and simple.

CHECK: Nationton Republic: A Legitimate Opportunity or Just Another Scam?

Features of Edaitrade

  • Passive Income: The artificial intelligence services provided by the platform can be used to hire robots and earn passive income without having to devote energy to transactions.
  • Agency Revenue: Through the AI wealth management services recommended by the Edaitrade platform, you can earn an agent/commission share. Significant additional income can be earned through recommendations and sharing robot rentals.
  • Algorithmic Trading: In addition to the trend assessment of leading analysts, Edaitrade experts have also developed the best trading algorithms. Artificial intelligence robots trade according to expert algorithms, thus providing investors and platforms with steady revenue.
  • Easy to Withdraw Money: Edaitrade.com claims to use reliable payment tools to withdraw funds from all banks without attaching unnecessary documents.

Is Edaitrade a Scam or Legit?

Status: Scam!!!

There are many online earning opportunities in the world, with new platforms launching almost every day, promising to help you earn money from some sort of initial investment or activity.

Some of these platforms look promising for a while before later cashing out and depreciating, while many others are just pure scams (not legit).

It is good to read reviews so you can know which platform is legit, which is currently promising and paying, and which one is a scam so as not to get brainwashed.

Edaitrade Review

When you sign up on Edaitrade, you will be given 2USDT as a sign-up bonus, which you can use to rent a robot on Edaitrade for 30 days and earn passive income.

Edaitrade Claims to Be a Partner With:

  1. Houbi
  2. Binance
  3. BitFinex
  4. Poloniex
  5. Token Pocket
  6. Coinbase
  7. Gate.io
  8. imToken
  9. OKEX

Payment Methods

Currently, on Edaitrade, there are only 2 payment methods, with hopes for more in the future:

  • USDT (ERC20)
  • USDT (TRC20)
  • Bank Transfer

Edaitrade Withdrawal

In order to withdraw from Edaitrade, you must recharge to activate your account.

Note:

  • The withdrawal fee is 18%.
  • The highly recommended wallet is USDT (TRC20).
  • The minimum withdrawal amount is 10USDT.

Conclusion

In summary, Edaitrade exhibits many characteristics typical of scam operations. From misleading domain registration dates to low trust scores and high withdrawal fees, the red flags are numerous.

While the platform may offer enticing features, the risks far outweigh any potential benefits. It is crucial to exercise due diligence, verify company credentials, and consult experts before investing in any online platform.

About Yhang Mhany

Yhang Mhany is an experienced Ghanaian blogger and online income expert dedicated to exposing scams, providing unbiased reviews, and promoting financial literacy through his platform, Earn More Cash Today.

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