Welcome to mitrobe network, in today’s review session, I will be discussing ETH-X Review 2020 and affirming if  ETH-X Scam is or Legit  ETH smart-contract scheme.

ETH-X does not provide information on its website about who owns or runs the company.

ETH-X website domain ( “ethx2.io”) was personally registered on October 1, 2020.

In an effort to appear legitimate, ETH-X provides certificate of incorporation UK in its compensation plan. “ETH.X Group” was established in the UK on October 2, 2020.

UK merger dirt cheap and effective are not set. It is a favorite jurisdiction for scammers looking to combine cleverly company.

For the purpose of conducting due-diligence MLM, UK merger is meaningless.

Buried in the ETH-X site is a source-code reference to “Tronex”:

Tronex is smart-contract Ponzi scheme. Having recently collapsed, has been rebooted as Tronex World.

Tronex presence ETH-X is a source-code sites showing the same scammers are behind the two schemes.

As usual, if an MLM company is not publicly upfront about who runs or owns it, think wisely before joining such scheme or investment programme.

ETH-X’s Products

ETH-X has no retailable products or services, with affiliates only able to market ETH-X affiliate membership itself.

ETH-X’s Compensation Plan

ETH-X affiliates invest ethereum on the promise of a 1% daily ROI.

To qualify for the ROI each ETH-X affiliate must recruit three affiliates, who in turn together have invested at least 3 ETH.

A bonus 0.1% is paid for every hour an ETH-X affiliate declines to withdraw invested funds and/or their ROI balance.

Note that between the daily ROI and non-withdrawal bonus, ETH-X caps the total return paid on an investment at 200%.

Once 200% is reached, a new investment must be made in order to continue earning.

Referral Commissions

ETH-X pays referral commissions down three levels of recruitment (unilevel):

• level 1 (personally recruited affiliates) – 5%
• level 2 – 3%
• level 3 – 2%

ETH-X affiliate membership is free.

full participation in the revenue opportunity is installed but requires investment in ethereum.

There is no minimum investment amount is provided either on the website of ETH-X or material of their compensation.

Reliable stacking with ETH-X

Double up your Funds with ease!!

Basic interest of 1% per day

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Inclusive of holding bonus & Contract Bonus up to 200% for every deposit

Reliability of our Smart Contract

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Auto deployment of interest to our community Unable to change contract function or steal funds

International Company with 24/7 support system

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Registered company in UK Hired professional to serve our community.

♦Basic Interest 1%

ETHX Smart Contract calculate earning every second since deposit was made.

♦Personal Holding Bonus 0.1% per Day

Smart Contract calculates your deposit/last withdrawal. If you did not request withdrawal, after 24hours +0.1%, after 48 hours +0.2%, after 72 hours +0.3% and so on.

♦Contract Bonus T&C

+0.1% daily on every 500 ETH of Contract Balance. Withdrawal need to have a minimum of atleast 3 referral and 3 ETH.

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How to join  ETH-X Staking Program?

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There are basically 3 steps to get started and start earning;

Step #1: Make deposit

How to get ETH– ETHEREUM (ETH)–Is one of the largest blockchain-based operating systems in the world, consistently handles 15 transactions per second. ETH is one of the most popular cryptocurrency chain with total market cap 39b. You can get Etherium from Remitano website as well as Luno.

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Send Funds to the Smart Contract

Send a minimum amount of 0.1 ETH to Smart-Contract address and start to get earnings every second. No maximum amount

Step # 2 : Send Funds to the Smart-Contract

Minimal deposit amount: 0.1 ETH (no maximal limits) Contract Address

Step # 3:Withdrawal Earnings

Instant Withdrawal–your request MUST be the same wallet as your deposit.

 All your wallet earnings and referral earnings will be withdrawn with a single request

Conclusion

Surprisingly, ETH-X presents itself as an alternative to a yet-to-be-released ethereum 2.0, a rolling upgrade to ethereum.

We introduce ethX, alternative-modern times to Eth2.0 who take Ethereum network to a new level, ensure scalability, security and cost-efficiency.

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In fact ETH-X-contract is merely a clever Ponzi scheme.

As with all MLM Ponzi scheme, It will definitely terminate in a sad and ridiculous manner.

The idea behind all Ponzi scheme guarantees is that when they collapse,  majority of the participants lose their hard earned money. Our advise is to always invest what you can afford to lose.