Compound Trader Review

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Contents

Compound Trader Review, SCAM Software is Exposed

The Compound Trader software is just another in a long line of SCAMS and it has been rightfully BLACKLISTED in this impartial review. The truth is that we only got a few complaints, but their nature and level of severity surpassed the usual slimy scheme. It appears the marketers behind this bogus app and auto-trader are using Facebook ads to target innocent day-traders. We find this particularly disturbing since Facebook members navigating through their accounts or chatting with friends don’t expect to be mauled by annoying ads about making millions of dollars on auto-pilot with no risk to their money. In light of this overwhelming evidence and grievances presented to us by frustrated would-be traders, we have no choice but to declare this system as hostile and dangerous. After investing the initial amount for testing purposes our worst fears received additional validation when the money was lost in the blink of an eye. Our comprehensive investigation proves without a shadow of a doubt that Compound Trade is a bona fide binary options investment SCAM and Henderson is a paid actor performing at the behest of the cheaters pulling the strings behind the scenes.

Official Scam Site and Login Page: http://compoundtrader.co/

Proof of Scam
Here we have the good doctor rambling about how this 5-minute video will be “life-changing” and then immediately you are shown inflated bank accounts with bogus figures and no way to show where the money originated from. Then he continues to promise us that in “30 days you can live in the house of your dreams and drive luxury cars”. Fancy vacations and dreams about never having to worry about money is the next item on his sales script, but here’s the clincher. He plainly states that he created an “app that is guaranteed to exponentially grow profit”. That is a lie and complete fabrication since you would need an ITM ratio of 100% or close to it in order to achieve this goal, and we all know these things are non-existent.

I would like to remind you that the only proof of winning trades can originate from within your brokers trading history. They are fudging the numbers in an attempt to conceal the truth and manipulate viewers. To top it all off, below you can see the use of fake social feeds and made up testimonials from image bank photos. The same feed is live and can actually be viewed when checking out the GPS trader scam which we have also blacklisted a while ago.

If you need additional proof and found this to be partial or lacking, please contact us and we shall be more than happy to put you in touch with some victims who lost their money using this sub-standard auto-trader.

Compound Trader Software Review
A Tall Tale and Cheap Scam
The story starts off by telling us a fable of a “life changing experience” where Dr. Albert Henderson will give us free access to a secret system which compounds profits by re-investing it instead of cashing out winnings. This is actually solicitation to illegal gambling under the false disguise of trading. These less-than-scrupulous marketers are trying to bait the weaker and less educated segments of society using false advertising techniques and a variety of pushy pressure tactics designed to lure you into registering with and funding a trading account with a rogue and in most cases unregulated broker.

When we opened the software we saw an image of Henderson inside spewing his lies and trying to entice customers to fund their trading accounts. More disturbingly what we saw was a money which was credited to our account, and then deducted. Well, if it was added and trades were made and we profited why are we back at zero and asked to deposit money with our credit card? Is it because they stole it, and if they didn’t then why show it to us in the first place? The software is also not flexible enough and does not allow you to choose the levels of risk or exposure you want to absorb, but that is the least of your problems. We actually put money in this thing only to have it blown away in a matter of minutes. The ITM was under 30% and we lost our money, something which did not surprise us in the least bit.

Is this System Free?
No , you will have to risk at least $250 and that will be charged to your card by one of their slimy brokers.

Most Viral Scams Active Today
Make sure to stay away from the Quantum Code, Cash Code, Millionaire Blueprint, Drexel Code, Amissio Formula, Quick Cash System and Lie Detector Millionaire.

Signals, Bots, Auto-traders, and Trade Copiers
Our recommended section endorses only the best, most trustworthy, genuine, and consistent money-making apps. We focus on transparency, accuracy, service, and professionalism.

Review Summary and Conclusions
The Compound Trader software and Albert Henderson is a confirmed binary options investment SCAM. Our review exposed this app and the intent of the people who are behind it. Be careful! These people are NOT your friends and they will do their utmost to get their greedy little fingers on your wallet. When we contacted then they were very rude because we sent them a third email about withdrawals, so assume the worst and make sure to seek alternative investment opportunities. Don’t forget to join our Facebook Page and YouTube channel and have your say!

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Compound Trader – Your Money Making App Is Waiting For You!

Compound Trader is an automated binary options trading software that generate signals and executes trades on its own.
Auto-pilot winning trades executed dozens of times per hour
Compound trading technics to insure high profits on every trade
Satellite security implemented for high-speed and secured trading
User-friendly and compatible with Mac, PC, tablet or mobile device.
This is absolutely amazing. A new APP will let you scoop up $500 minimum within 15 minutes after you activate it.
You will NOT be asked for your credit card or bank information when you sign up the Compound Trader.
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If you want to make more money and want to become a millionaire, Here is the best solution. Compound Trader is a trading software developed specifically for binary options traders. Compound Trader is a brand new binary options trading software which trades of a variety of currencies pairs. This system can be used by any level of trader, whether new or experienced. It was made to be used by anyone. However, the software uses proven trading system so you have every chance to make if profitable for you. Just follow the steps to watch your account balance grow and grow.

Compound Trader represents a very helpful binary options signals trading provider, developed by an experienced team of professionals in online trading. Compound Trader also explains you the real benefits of Binary Trading and how it can effectively help you generate 5 figure profits. It teaches you binary trading, In order to construct a successful internet marketing business, it provides you with free instant benefit app system, binary dealing equipment and constant assistance. Surely, it is one of the best internet promotion and binary courses and digital coaching programs launched in the recent time.

If you are a person who wish to get actual achievements in the binary trading, then Compound Trader is the right system for you. Compound Trader opens the achievements door for you in the field of internet trading. It is extremely recommended for professionals as well as beginners. You won’t need to make any complicated analysis of the market when you have Compound Trader. You just have to follow the instructions provided, apply what you have learned, and place your trades. Try this highly recommended software.

Compound Finance Review

Compound Finance is an Ethereum-based lending protocol enabling users to lend and borrow popular cryptocurrencies like Ether in exchange for interest or debt.

Compound leverages audited smart contracts responsible for the storage, management and facilitation of all pooled. Users do not have a login, but rather connect through web3 wallets like MetaMask.

Compound Finance Lending Rates

Current lending and borrowing rates are displayed below for your convenience. Please note that rates change frequently and that as of right now, supported assets are currently limited to Ethereum-based tokens.

History

Compound Finance is a San Francisco based company which raised an $8.2M seed round in May of 2020 and a $25M Series A round in November of 2020. Financing rounds were lead by industry giants including but not limited to Andressen Horowitz, Polychain Capital, Coinbase Ventures and Bain Capital Ventures,

Compound’s team is highlighted by CEO Robert Leshner’s previous financial experience as a co-chair for San Francisco’s Revenue Bond Oversight Committee. Resher has previous experience working on successful companies with CTO Geoffrey Hayes from their time building Postmates and Safe Shepard.

The Compound Protocol

While DeFi and blockchain technology may seem overwhelming complex to the average individual, Compound prides itself on building a product that is digestible for users of all ages and backgrounds. More specifically:

“Compound is a protocol on the Ethereum blockchain that establishes money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand for the asset. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate, without having to negotiate terms such as maturity, interest rate, or collateral with a peer or counterparty.”

How Does Compound.Finance Work?

Compound leverages web 3.0 wallets such as Metamask, Brave Browser or Coinbase Wallet for access into their ecosystem. Once connected, users are brought to the Account Overview section. From here, users can select any asset(s) and unlock the market they wish to interact with. After an asset has been enabled, users are then able to supply or borrow said asset, but never both.

The process for lending assets is pretty straightforward. Simply enable a supported asset and sign a transaction approving the amount of capital you wish to supply capital to Compound. Assets are instantly added to the global supply pool with interest being tracked in real-time.

Every asset has a unique Supply and Borrow APR, both of which change frequently relative to supply and demand at any given time. When supplying assets to the protocol, users receive cTokens – Compound’s native tokens – which represent claims to a portion of any given asset pool.

cTokens can be redeemed at any time, with borrowed funds instantly becoming available in the connected wallet to be freely sent to wherever the user chooses. In order to borrow assets, users must first supply collateral to earn “Borrowing Power”. Every asset has a unique Collateral Factor, meaning some assets may enable more Borrowing Power than others.

To start borrowing with Compound, head over to the borrowing dashboard.

Supported Assets on Compound Finance

With Compound v2, supported assets include Ether ($ETH), Wrapped Bitcoin ($WBTC), Dai ($DAI), Coinbase’s US Dollar Coin ($USDC), Augur Reputation ($REP), 0x Token ($ZRX) and Basic Attention Token ($BAT).

Understanding cTokens

Assets supplied to a market are represented by an ERC-20 token balance (“cToken”), which entitles the owner to an increasing quantity of the underlying asset. As the money market accrues interest, which is a function of borrowing demand, cTokens become convertible into an increasing amount of the underlying asset. In this way, earning interest is as simple as holding a ERC20 cToken.

cTokens represent your balance in a specific Compound market. Each market has its own cToken (cETH, cUSDC…), which you’ll receive when you supply that asset to the protocol. As such, you’ll earn interest on all cTokens held in your wallet based on the respective lending rate.

Governance

Compound governance is currently centralized with hopes to transition to a community and stakeholder controlled protocol in the future. Current governance cases include:

Listing new cToken markets
Updating market interest rates
Updating oracle addresses
Withdrawing cToken reserves
Choosing new admins

According to HackerNoon, Compound currently falls in the middle of the centralized/decentralized spectrum thanks in large part to it’s open sourced smart contracts and permissionless magrin monitoring.

As mentioned above, the future implementation of a DAO should allow for markets and interest rates to be governed by community members rather than the current structure where all proposals are made by Compound who then seeks community approval via public forums.

Use-Cases

As we’ve seen with the creation of Vaults in the MakerDAO system, most users are utilizing Compound to gain leverage. Whether this be in the form of accruing interesting by lending or by increasing exposure through a borrow position, experienced traders can leverage traders to gain additional exposure to favorable assets.

cTokens are also being integrated into a variety of popular DeFi products such as Set Protocol, Dharma and DeFi Zap. In essence, other projects incorporate cTokens to allow for passive income to be earned on trades that require settlement into a stable assets like Dai or USDC. By using cDai or cUSD instead, financial products can earn additional income without the user having to worry about the opportunity cost of having missed out on the savings that could have been earned from lending via Compound.

Other use-cases such as shorting are listed in the official whitepaper while a full list of projects integrating Compound or cTokens in some capacity can be found here.

Competitors – Is Compound Finance Safe?

Compound has undergone a number of security audits by reputable agencies like Open Zeppelin and Trail of Bits, all of which have been publicly disclosed.

There has yet to be any security breaches of Compound smart contracts to date, with products like Nexus Mutual allowing users to take out insurance covers on Compound smart contracts.

Seeing as many products are relying on Compound’s smart contracts as an integral piece of their product, we find Compound Finance to be a reliable, trusted lending and borrowing solution.

Cooper is focused on building compelling blockchain products. He currently works as the managing director at Fitzner Blockchain Consulting and is a contributor to DAOs like MetaCartel and Moloch. He is an active member of the Ethereum community and has a strong interest in for-profit businesses such as The Block Crypto and Messari.

Compound Trader Review

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