{"id":16210,"date":"2019-07-26T10:25:18","date_gmt":"2019-07-26T16:25:18","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=16210"},"modified":"2019-08-01T15:39:09","modified_gmt":"2019-08-01T21:39:09","slug":"26-07-2019-eqtrade-review-and-daily-news-from-the-hyip-industry","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2019\/07\/26\/26-07-2019-eqtrade-review-and-daily-news-from-the-hyip-industry\/","title":{"rendered":"26\/07\/2019. EQTrade Review and Daily News from the HYIP Industry"},"content":{"rendered":"

Beware! EQTrade has stopped paying! Do not invest there!<\/span><\/strong><\/p>\n

Hello everyone! Hope you\u2019re all keeping well this week. There\u2019s a couple of news stories to catch up on since the last post, but for the first item in today\u2019s update I want to talk in a bit more detail about the latest program to join the MNO monitor<\/a> called EQTrade<\/a>. It launched about three weeks ago so not exactly a brand new name in the HYIP industry by some definitions, but as a mid to longer term program and something the admin has done next to no promo work on up until now I suppose you could call it that. So like I said EQTrade<\/a> have been online for around three weeks by now I imagine some of the more intrepid HYIP players reading this will have come across the name before today. But as the admin has spent that time ironing out some initial faults and problems in an effort to get things right from day one then yes, like I said, EQTrade<\/a> starts here. And there\u2019s also definitely a solid enough base to start with given the enthusiasm I’ve seen from readers feedback so that might be something to attract new members in bigger numbers. So let\u2019s see what EQTrade<\/a> are all about and whether or not you think they might be a suitable addition to your portfolios.
\n\"EQTrade\"<\/a>
\nWe\u2019ll start things off therefore with the one single thing you\u2019re probably most interested in \u2013 the investment plans. EQTrade<\/a> have three of them, though the main thing to keep in mind here is that EQTrade<\/a> does not work directly with hard currency, i.e. dollars. The main currency here as with a growing number of online HYIPs and probably the longer term future of the industry is BitCoin, that’s more or less how the plans are spelt out, but all the main payment processors including dollar based ones are accepted for deposits if you like. I’m going to describe the plans using BitCoin because that’s how they go, I suggest using a site such as https:\/\/www.blockchain.com\/prices<\/a> to convert everything back into dollars if you need to, I’m not going to do it for you here because any numbers I give would probably be obsolete within 24 hours. But the main currency is still BTC. If you invest with a different currency the investment amount you should enter it in BTC and the script will tell you exactly how much money you have to transfer. After that has been done any further conversions will not be applicable, and you are paid in the currency of your choice for you chosen plan’s duration. So for instance, let’s say you want to invest using PerfectMoney spend 0.01 BTC. The EQTrade<\/a> script will tell you what the dollar amount is that you need to transfer at that particular moment in order to make your investment, however you will receive your interest payments in dollars (or whatever other currency you have opted to join with)<\/p>\n

Your first option is a plan that makes daily payments, on business days only, Monday to Friday, for a term running for 50 business days<\/strong>, or ten weeks. You need a minimum of 0.01 BTC to join, which at the time of writing is around $100 give or take a few cents. Actually I really like EQTrade<\/a> overall but that would be my one single biggest complaint about it \u2013 the cost. Then again 0.01 BTC could easily become five or six cents by the end of next week judging by how exchange rates can go these days, so who am I to say? Anyway, you can earn 4%<\/strong> interest per business day for the term’s duration which adds up to 200% in total<\/strong>. EQTrade<\/a> include your principal as part of those payments, so it’s your own money back plus 100% net profit, or double your money.<\/p>\n

If we say then you invest $100 in this plan that should see you getting back $4 per business day for the next ten weeks. The most important statistic to pay attention to here is that you can break even, as in earn back an amount equal to your own deposit and therefore make it impossible for you to lose money no matter what happens after that, in 25 business days or five weeks. The first EQTrade<\/a> members will be on the way to this this already. The remainder of the term sees you collecting pure passive profit. Payments should add up to $200 by the end of the term, from which EQTrade<\/a> include your initial hundred.<\/p>\n

The second plan is a just as profitable but a little bit faster, though naturally it’s going to cost you more to join. The minimum cost of joining goes up to 0.5 BTC with an upper limit of 4.99 BTC. The investment term drops back to 40 business days<\/strong> or 8 full weeks, during which you will be offered an interest payment of 5% per day<\/strong>, Monday to Friday. That\u2019s ultimately the same net profit as the previous plan, a 200% return<\/strong> on your deposit with EQTrade<\/a> including your principal, you just get to the break even point and first profit payment at an earlier point, in this case 20 payment days or four full weeks.<\/p>\n

Lastly, and I guess this one is largely academic since it costs more than what most of you would ever be prepared or advised to spend, EQTrade<\/a>‘s third plan opens at 5 BTC. The term length runs for 30 business days<\/strong>, six calendar weeks, when investors can earn 6%<\/strong> interest per day on Monday to Friday. Ultimately less profitable in terms of actual percentages, the main advantage is that it gets you over the break even point line a bit faster. You get 180% back<\/strong> on your investment, that’s 80% net profit with EQTrade<\/a> including your principal as part of the payments, but you’re into the profit zone after 17 business days this time or just over three full weeks.<\/p>\n

If you like any of those plans then and think they might be worth a shot, then the next thing you\u2019ll need to hear about is what are the payment options. I mentioned earlier that EQTrade<\/a> works mostly with digital cryptocurrencies, of which there are several, but you can still go through the more conventional dollar based payment handlers too. For cryptocurrencies investors will need to have a wallet with BitCoin, Ethereum, LiteCoin, Ripple, Dash, BitcoinCash, EthereumClassic, BitcoinSV, Zcash and DogeCoin<\/strong>. For let’s say \u201cregular money<\/em>\u201d you can use either PerfectMoney or Payeer<\/strong>. Payouts to members are handled manually by the EQTrade<\/a> admin and so will need to be requested from inside your private members account area. Once done the majority of payments should be done instantly, or else within 15 minutes depending on the currency<\/strong>. See your EQTrade<\/a> members area for the exact time scale, however in rare cases you are still required to allow a maximum time frame of 24 hours just in case there are any technical issues outside the admin’s control with your chosen payment handler. Also whilst still on the subject, just keep in mind that while there is nothing to stop you making a withdrawal request over the weekend, EQTrade<\/a> don\u2019t actually credit any new interest to your account until Monday to Friday. There is a minimum withdrawal limit policy<\/strong> which seems to have has quite a variety depending on your choice of currency. Regular dollar amounts going through PM and Payeer for example are only $1, but smaller investors should please take note that you are looking at 0.02 BTC (that’s about $20 at current exchange rates) for cryptocurrency withdrawals. Again, that could easily drop to $0.20 cents in a week, who knows, you can never predict these things but at the time of writing it’s a bit on the expensive side I think.<\/p>\n

After looking at the more technical side of things in EQTrade<\/a>, such as script, hosting, and so on, I can tell you that the website is powered off a unique script developed especially for the program to meet its own individual needs and requirements. For an extra layer of security the EQTrade<\/a> website is properly SSL encrypted in both public and private areas by GeoTrust for safer browsing and more secure transactions. For hosting the admin has opted for Dancom who are keeping EQTrade<\/a> on a dedicated server with support and protection and protection from malicious attacks provided by DDoSGuard. The domain name is registered for ten years in advance which is a nice touch which might attract newsbies, although neither the most expensive or necessary thing to do. Among the extras which I suppose may not be absolutely vital for the success of EQTrade<\/a> but go a hell of a long way in making it a much more appealing website than average include a built-in profit calculator which comes in very handy for figuring out potential earnings, and a short video presentation explaining the program’s background. That’s also been embedded in the MNO monitor<\/a> by the way, so you can watch it wherever you find more convenient.<\/p>\n

The actual account registration process with EQTrade<\/a> is a little different than what you might be used to with most other HYIPs by the way, I suppose due to the unique script, but nonetheless quite easy. In fact you can use Facebook to log in if you want. But it’s basically just a question of using your e-mail address followed by an assigned username and password which is created by the program and given to you via e-mail. And of course filling in whatever currency wallet numbers you intend on using while keeping an active account there.<\/p>\n

If you have any further need to contact the admin with any questions or account related issues you need dealt with then you can get in touch by filling in your details on the online customer support form and submitting it via the contacts page on the EQTrade<\/a> website. Before you get to that point however you should really check out the extensive FAQ section which will probably deal with a lot of your initial enquires before the need arises to ask anything of support. There’s a postal address in the UK where EQTrade<\/a> is registered as a company, though perhaps unlikely to be where anyone connected with the program is physically located. Of more practical use is the social media profiles where you can find EQTrade<\/a> on Twitter, Facebook, and for Live Chat and discussion Telegram.<\/p>\n

For the record the alleged business interests supporting the whole thing are, we are told, EQTrade<\/a> describes itself as being run by \u201ccryptocurrency traders and software IT engineers<\/em>\u201d though to be blunt it does very little else to enlighten us as to exactly what that really means or involves. I think experienced industry players will know everything they need to here anyway, in other words treat EQTrade<\/a> as you would any other online HYIP. That means don\u2019t look for guarantees, keep your expectations realistic, stay well within a sensible spending range that you can afford not just to spend but to lose, and if you do decide to join EQTrade<\/a> then try and keep them as a smaller part of a wider more diverse portfolio.<\/p>\n

Just before we move on to the news section I want to finish up with EQTrade<\/a>, at least for today anyway, by asking what readers think of it. You can weigh up the pros and cons of joining, and decide whether it\u2019s a risk you think worth taking. I hope then that you won\u2019t mind answering the following opinion poll question, which is as always 100% anonymous and only takes a second to complete. Thanks to everyone who votes, as it will make interesting reading maybe not today but several weeks from now when we look back on EQTrade<\/a> and see how it has developed by then:<\/p>\n

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Will you make an active deposit in EQTrade<\/a>?<\/strong><\/p>