ECOS
Total reviews 28
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4.7
Unconfirmed company
ecos.am
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ECOS is a company that offers cloud mining, cryptocurrency exchange, registration of startups in FEZ in Armenia and participation in investment projects.
HYIP
Official website
Social network
Date of foundation
1970
Head Office
Republic of Armenia, Hrazdan, 1/5 Gortsaranayin str.
Company owner
ECOS
Types of support
[email protected]VkontaktePersonal CabinetFeedback form on the siteChat
Phone Support
Languages
Russian, English
Status
Pays
Min. first deposit
From 125 USD
Bonuses
Reduced contract priceReceive
For registered customers
Start date
05.09.2019
Interest accrual
Depending on the selected tariff
Deposit return
At the end of the contract period
Types of accounts
Methods of replenishment
Bitcoin, Ethereum, Litecoin, Ripple, Bank card
Withdrawal methods
Bitcoin
Deposit maturity
Until 50 months
Free demo account
No
Affiliate Program
No
Advantages
Wide range of services and tariff plans
A convenient platform for mining
Opportunity to register a company in FEZ
There is a representative office in Russia (Moscow, business complex "Empire")
It is possible to exchange cryptocurrencies and create a wallet
Disadvantages
Long withdrawal mechanism
There are technical failures on the platform
Company requisites
Site competence
Unique design
Date of update
June 7, 2023
Overall assessment
9.3/10
    Address
    Republic of Armenia, Hrazdan, 1/5 Gortsaranayin str.

    ECOS is this a scam? Review and Customers Reviews

    Published: 15 May 2020 Updated: 7 June 2023


    ECOS – that investment companyThe idea of creating ECOS was based on the idea of creating a Free Economic Zone (FEZ) in Armenia for the development of IT projects. The idea of creating ECOS was based on the idea of creating a Free Economic Zone (FEZ) in Armenia for the development of IT projects. Besides that, the company offers cloud mining, cryptocurrency exchange, creating a wallet, selling equipment, hosting and so on. All investment rates of the company are long-term, from 182 days.

    According to the information on the website, the company has its own venture capital fund, which you can become a member of. So far, everything looks profitable and promising, but is it so? Let’s find out if the ECOS investment offer is a scam.

     

    Terms of investment with ECOS

    The company offers to become a FEZ resident with the opportunity to participate in the venture fund and receive full support from the company’s specialists, ranging from research to administrative.

    At the site. ecos.am You can choose an area to invest in, register your company to become a BMS resident, or invest in a general venture capital fund.

    Any company engaged in information technology can become a resident of the Free Economic Zone. If you do not have an office on the territory of Armenia, the company will help you to rent an office on the territory of the Free Economic Zone. The minimum threshold for investing into a venture capital fund is 50 thousand dollars. One more investment opportunity, which is presented by ECOS, is mining and mining equipment.

    The company’s clients can buy computing power, rent mining equipment, and earn a stable income. All you need is a stable Internet connection and your computer or mobile device.

     

    Platform ecos.am

    Platform ecos.am – qualitatively developed project, information-rich, made according to an individual project, graphically rich and a little confusing – the graphics is a little confusing. But it is not difficult to understand it, especially since the navigation platform is built so that one project contains several sites in different areas of the company and you can move from section to section, but some of the sections on the general platform of the project is not yet active, it is clear that the portal is still in development.

    The platform has a large number of partners, both in information technology and other areas.

    The ECOS platform gives the opportunity to earn income from mining up to 5 thousand euros, according to the information on the website. Benefits of the platform include:

    • Minimum contract value from 0.001 VT (15$);
    • Special software for generating extra income;
    • You can pay for contracts not only in bitcoins, but also with your bank card;
    • It is possible to withdraw funds from the platform from 0.001 BTC;
    • Duration of contracts from 182-1095 days;
    • Daily interest payments;
    • The possibility of reinvestment;
    • Large selection of tariffs.

    Terms of interest accrual ECOS

    In an exaggerated way, the algorithm of work on the company’s platform looks like this: you rent equipment for mining in one of the company’s data centers. The server and hosting work in accordance with the selected tariffs. ECOS takes a commission for equipment maintenance and electricity.

    All you need to do to get started is register, choose a contract, pay for it, and keep track of how the funds are coming in. All of the company’s contracts are long-term, and they give a small but stable profit every day for a long period of time, at the end of which you can either withdraw funds or continue working. Interest can be withdrawn when it is convenient for you.

     

    Minimum investment amount

    The minimum contract price on the platform is $89.95

     

    Deposit and withdrawal

    You can withdraw your earnings at any convenient time. There are rates that allow you to deposit and withdraw to bank cards, and there are those where you can withdraw and deposit only through cryptocurrency wallets. The income received, after you send a request for its withdrawal through a personal account will be credited to the account within 1-3 working days.

     

    ECOS bonuses

    The company does not have a bonus system as such. From time to time, there are seasonal promotions, thanks to which you can, for example, buy a contract at a reduced price. But the service ECOS-mining has its own referral program, through which, after registration and receiving a referral link in your personal cabinet, you can receive up to 10% from each new contract purchased through your website or recommendations.

     

    Complaints about ECOS

    The company launched its investment projects not so long ago and there are few reviews about its work. About the project ECOS – Ecos-mining, reviews are both positive and negative, but judging by the general trend in the records, customers still refer to the project neutrally. The negative reviews note that the withdrawal of funds is carried out with delays, with operations there are technical difficulties.

    Among the positive, they praise the profitable rates, and a convenient platform for mining.

    For other services of the company there are also reviews, although, as we have already written, and very little, customers praise the speed through which they managed to register offices of their company in the FEZ with the help of ECOS.

    If there are any reviews about ECOS, we’ll be sure to post them on social media. Sign up so you don’t miss anything!

    Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!

     

    Regulation and licenses of the investment project

    Before you choose your company, whom to entrust your investment portfolio and with whom to work on projects, you need to carefully study the documents of the company, posted in the public domain, on the website and on the Internet. Certificates of registration, statutory documents, if the company has a physical office address, and so on, the more documents are placed on the site, the more confidence the company inspires.

    ECOS license

    There is no data about company registration and official documents on the website. According to the User Agreement, ECOS is governed in its activities by the laws of Armenia.

    Ecos.am Customer Service

    Customer Service ecos.am works around the clock. You can leave a message through the chat with the bot available on every page of the site, the feedback form, by phone (during working hours) and by sending an e-mail.

    ECOS User Agreement

    The user agreement itself and the privacy policy on the site are in English only.

    Documents from ecos.am:

    • “User Agreement” (See),
    • “Privacy Policy” (See).

    Please note that the user agreement is presented only on the Ecos-mining service portal. The user agreement line on the general ecos.am site is not yet active.

    The minimum withdrawal amount – 0.001 BTC, and the maximum – 10 BTC.

    The company warns that it does not insure against technical difficulties, and the client must be aware of all the risks associated with the investment.

    The agreement specifies the fees that can be withdrawn from the client’s account. The company reserves the right to commission for withdrawal of funds and technical support of operations.

    Please note that you can withdraw your investment no sooner than 30 days after you open an account. If you try to withdraw funds before the specified period, the client’s contract may be suspended.

     

    Is ECOS a scam?

    The company ESOC – is a fairly large, complex project, providing services of various spectrums. You can become a FEZ resident in Armenia, you can become an investor, companies already existing in the project, or you can start your own. Another service ECOS offers is providing equipment for mining and cloud mining, a wide range of contracts allows you to have stable income even with small initial investments.

    We have studied what ECOS offers, its platform, services and publicly available information. There are no signs that ECOS is 100% a scam. You can see from the company’s platform that the service is developing; some of the sections of the site are duplicated, while some are not yet active. The official translated documents of the company are not yet publicly available.

    Almost all of the company’s contracts for operations with cryptocurrencies – long-term, the daily income will be small, and what service to choose – just mining, buying equipment, or renting a server + hosting and so on – it is up to you to decide. The feedback from ECOS clients is different, but most of them are positive or neutral. The company is still developing and implementing new services.

     

    Conclusion

    Based on the information that is presented on the company’s website, the plans for the ECOS – more than ambitious. But at the moment, looking at the statistics of FEZ residents, and investors of the company, we can say that the main service is advisory – assistance in registration of companies in FEZ and provision of cloud mining, equipment sales, server rentals and other services to organize continuous operation of cryptocurrency movement. The company has partners among large IT companies, their logos can be found on the website.

    The service platform is still being updated based on the fact that some of the sections are inactive and some are clearly made in a different design, as if several different sites were combined into one portal, which means that ECOS continues to work on its platform and, in the near future, there may be updates.

    It’s up to you to decide whether to invest in investment proposals of ECOS, but in any case, you should keep in mind that the company has no branches on the territory of Russia and is guided by the Armenian legislation in its work. And you should always be cautious about making large investments in a HYIP project, even if they offer long-term contracts.

    Stability
    97%
    Speed of disbursement
    96%
    Payback
    95%
    Support Service
    90%
    4.7

    Reviews

      ECOS reviews

      28
      Add review
      • In ascending order of rating
      • In descending order of rating
      • New ones first
      • First the old ones
      • Popular ones first
    • 5
      Feedback approved for publication Rate your review 0
      0
      0
      Stability
      100%
      Speed of disbursement
      100%
      Payback
      100%
      Support Service
      100%
      Great wallet

      The ecos wallet is not only convenient due to its access to other platform services within a single application but also operates very quickly, comparable to the best standalone wallets.

    • 5
      Feedback approved for publication Rate your review 0
      0
      0
      Stability
      100%
      Speed of disbursement
      100%
      Payback
      100%
      Support Service
      100%
      I have enough ecos for everything

      I do not see much sense to keep on your phone five applications to work with cryptocurrencies and investments, when they can be replaced by a single application from ecos.

    • 5
      Feedback approved for publication Rate your review 0
      0
      0
      Stability
      100%
      Speed of disbursement
      100%
      Payback
      100%
      Support Service
      100%
      No alternatives

      It’s a rare example of a platform that allows you to collect full-fledged assets in one place. Cloud mining and asiki hosting provide a low-risk base, investment portfolios provide a high-yield element, and a built-in exchanger allows you to quickly get the assets you need.

    • 4.5
      Feedback approved for publication Rate your review 0
      0
      0
      Stability
      100%
      Speed of disbursement
      100%
      Payback
      80%
      Support Service
      80%
      fast hosting

      The opportunity to buy Antminer S19J Pro for $3200 does not look something unique – offers on 5-10% cheaper can be found quite often. But unlike all other options, in the case of ecos the ashik will start working tomorrow, as for me it is one of the most compelling arguments, at least I am interested… Read more

      Positive
      • quickly connect equipment
      • stable work
      • timely payments
      Minuses
      • sometimes you have to wait several hours for a response from support
    • 4.5
      Feedback approved for publication Rate your review 0
      0
      0
      Stability
      100%
      Speed of disbursement
      100%
      Payback
      80%
      Support Service
      80%
      normal sales of secondary products

      On all other cloud mining platforms (and I have tried five of them) the built-in exchangers either took absolutely insane commissions or offered knowingly unprofitable rates. But on ekos, when using the built-in exchanger, there is no difference with third-party platforms.

      Positive
      • good interface
      • no dependent commissions
      Minuses
      • standard for any investment activity - risks
    • 5
      Feedback approved for publication Rate your review 0
      0
      0
      Stability
      100%
      Speed of disbursement
      100%
      Payback
      100%
      Support Service
      100%
      a universal platform for everything

      These days, no matter how powerful your smartphone is, there is never enough space on it – too many tasty apps are available. And ecos, which replaces five crypto-applications at once – from wallet to exchanger – is a real gift.

      Positive
      • versatility
      • many products
      • excellent optimization
      Minuses
      • I would like to see more cryptocurrencies in the future
    • 4.8
      Feedback approved for publication Rate your review 0
      0
      0
      Stability
      100%
      Speed of disbursement
      100%
      Payback
      100%
      Support Service
      80%
      Multiapk for priptans

      Personally, from my experience, this is the first all-in-one crypto-application that actually works properly and fully. Each of the individual components is not inferior to its “specialized” competitors on the market, but everything is assembled on one convenient platform.

      Positive
      • multiplatform, real company
      Minuses
      • support sometimes takes quite a long time to respond
    • 4.5
      Feedback approved for publication Rate your review 0
      0
      0
      Stability
      100%
      Speed of disbursement
      100%
      Payback
      80%
      Support Service
      80%
      direct output

      At first glance, ekos exchanger does not stand out – average rates, average commissions. So I ignored it for a long time. But then I considered the savings of not having to withdraw funds to another marketplace and started to use it only for selling mined coins.

      Positive
      • You can immediately withdraw your profit
      Minuses
      • commissions could be lower
    • 4.8
      Feedback approved for publication Rate your review 0
      0
      0
      Stability
      100%
      Speed of disbursement
      80%
      Payback
      100%
      Support Service
      100%
      fulfill their obligations

      ecos is that rare case when the crypto-application team does not save on matches and seriously works out not only advertising and financial conditions, but also the optimization of its application and its interface.

    • 5
      Rate your review 0
      0
      0
      Stability
      100%
      Speed of disbursement
      100%
      Payback
      100%
      Support Service
      100%
      It's only going to get better

      Usually new crypto-applications work great, but with each update the performance gets worse and worse. ECOS is a pleasant exception so far – despite the increase in functionality, the application runs faster than it did six months ago on the same device.

    • 5
      Feedback approved for publication Rate your review 0
      0
      0
      Stability
      100%
      Speed of disbursement
      100%
      Payback
      100%
      Support Service
      100%
      It's only going to get better

      Usually new crypto-applications work great, but with each update the performance gets worse and worse. ecos so far is a pleasant exception – despite the increase in functionality, the application runs faster than six months ago on the same device.

    • 4.8
      Rate your review 0
      0
      0
      Stability
      100%
      Speed of disbursement
      100%
      Payback
      80%
      Support Service
      100%
      Convenient platform in your pocket

      The ecos mobile app turned out to be a pleasant exception for the cryptocurrency market – with each update and extension of functionality, performance improves.

      Positive
      • functional application
      • reliability
      • convenience
      Minuses
      • verification could have been faster
    • 5
      Rate your review 0
      0
      0
      Stability
      100%
      Speed of disbursement
      100%
      Payback
      100%
      Support Service
      100%
      Almost perfect

      I tried here both mining contracts (in the end I came out in the plus), and portfolios (for example I use them as short-term investments in my portfolio) mainly for 1-3 months, so far the best result I had was X2, which is very cool. The most important thing is that they honestly pay, no problems with… Read more

      Positive
      • a trusted company, everything is smooth with payments, they comply with the conditions
      Minuses
      • sometimes some coins are missing
    • 4.8
      Rate your review 0
      0
      0
      Stability
      100%
      Speed of disbursement
      100%
      Payback
      80%
      Support Service
      100%
      Almost perfect cloud mining service

      I agree with all the comments about very adequate and fast support, even late at night. On products from them tried, the wallet, It’s easy and convenient, and it’s exactly the same story with the exchanger. Cloud maning is probably not my topic, but investment portfolios are interesting, I bought a few… Read more

      Positive
      • nice interface
      • quick withdrawal
      • many products
      • cool briefcases
      Minuses
      • Bitcoin mining only
      • I didn't find a dark theme in the app
    • 4.8
      Rate your review 0
      0
      0
      Stability
      100%
      Speed of disbursement
      100%
      Payback
      80%
      Support Service
      100%
      Convenient and fast

      Why not) In general, my history with ecos is quite simple, always revolved around crypto, it was interesting in general as an industry, but recently had to make a couple of payments in crypto, well started looking for a normal wallet, with the application adequate, etc. tried a couple, not really came… Read more

      Positive
      • fast, good app
      Minuses
      • need to add more currencies
    • 4.5
      Rate your review 0
      0
      0
      Stability
      80%
      Speed of disbursement
      80%
      Payback
      100%
      Support Service
      100%
      A few words about ecos

      I read a couple of comments and feedbacks somewhere saying that someone is not happy with the result. In general, it is very important to understand how to profit from contracts and portfolios in general It turns out that everything depends solely on market conditions – that’s the basis. Ecos, on the… Read more

      Positive
      • honestly, understandable
      Minuses
      • you need to understand the market at least a little
    • 4.8
      Rate your review 1
      +1
      0
      Stability
      80%
      Speed of disbursement
      100%
      Payback
      100%
      Support Service
      100%
      Good project, but there is some work to be done

      They add and update them all the time with something new. By the way, they select the pools in a smart way. They constantly add and update them with something new, by the way, the pool by the way is well chosen, 2 out of 3 portfolios I had a good shot, brought good profits.

      Positive
      • many products for investment
      • quick application
      Minuses
      • There is no support for replenishing from a card yet
    • 5
      Rate your review 0
      0
      0
      Stability
      100%
      Speed of disbursement
      100%
      Payback
      100%
      Support Service
      100%
      Good crypto platform

      As it turned out, the most profitable project in 2021, for me, was ecos. In many ways, of course – it depended on the explosive growth of the market, but you have to hand it to the guys, they honestly withdrew all the profits from the contracts and portfolios, so I can clearly say that this is quite… Read more

      Positive
      • cool and reliable platform with updated products
      Minuses
      • As with any investment, there are risks, rather not a minus, but a feature of this niche, as for me, the company has no obvious minuses yet
    • 4.3
      Rate your review 0
      0
      0
      Stability
      80%
      Speed of disbursement
      100%
      Payback
      80%
      Support Service
      80%
      Decent profitability, but you need to understand how the market works

      The person who compiled investment portfolios in ecos clearly knows about the industry and trends. I’m not so sure about that, the NTF index has shot 5.5K% profit since the beginning of the year, it’s a pity I bought it only three months ago, but even so I have repaid my deposit in full and have the… Read more

      Positive
      • high profitability, normal application
      Minuses
      • quite high risks, it is necessary to diversify with other products such as mining
    • 4.5
      Rate your review 0
      0
      0
      Stability
      100%
      Speed of disbursement
      80%
      Payback
      100%
      Support Service
      80%
      I didn't really get into how everything...

      I didn’t really get into how everything works there in terms of reliability, etc. I had to buy some bitcoins, so I downloaded the app, got registered and did a little bit of digging. My friend advised me to buy some bitcoins and I downloaded the app, registered and did some digging in the interface and… Read more

    • 4.8
      Rate your review 0
      0
      0
      Stability
      100%
      Speed of disbursement
      100%
      Payback
      100%
      Support Service
      80%
    • 4.8
      Rate your review 0
      0
      0
      Stability
      100%
      Speed of disbursement
      100%
      Payback
      100%
      Support Service
      80%
      Wallet from ecos, quite a sensible addition

      Wallet from ecos, quite a sensible addition, as before withdrawal to various third-party services, now all in one place, very convenient.

    • 4.5
      Rate your review 0
      -1
      0
      Stability
      100%
      Speed of disbursement
      80%
      Payback
      100%
      Support Service
      80%
      It would be unreasonable to expect huge...

      It would be unreasonable to expect huge profits from cloud mining, when the bit has fallen by almost half of its value. However, ecos did not try to “forget” about its commitments, for me this is a strong argument.

    • 4.5
      Rate your review 0
      0
      0
      Stability
      100%
      Speed of disbursement
      80%
      Payback
      100%
      Support Service
      80%
      The ecos app is definitely a step...

      The ecos app is definitely a step in the right direction. Now it is finally possible to quickly exchange received under the contract, and even at a reasonable rate.

    • 4.5
      Rate your review 0
      0
      Stability
      80%
      Speed of disbursement
      100%
      Payback
      100%
      Support Service
      80%
      The only problem I had with cloud...

      The only problem I had with cloud mining with ECOS before was that the mechanism of withdrawing rewards was not very convenient. Now that the wallet and exchanger are available in the same app as the contracts, I have nothing to complain about.

    • 4.8
      Rate your review 0
      0
      Stability
      100%
      Speed of disbursement
      100%
      Payback
      100%
      Support Service
      80%
      All ok, the money was withdrawn without...

      All ok, the money was withdrawn without any problems, the profit was not cut. I recommend Ekos to buy contracts and I will take another contract myself.

    • 4.5
      Rate your review 0
      0
      Stability
      100%
      Speed of disbursement
      80%
      Payback
      100%
      Support Service
      80%
      The budget 30-month contract with ECOS was...

      The budget 30-month contract with ECOS was a “trial balloon” – I was just trying to see if it made sense to use this service at all. Four months later I bought a 45-month premium contract – the “trial balloon” turned out to be very successful.

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