TBBOB 
In this review we warn against a Defi mining liquidity scam called USDT Pool Mining. You should stay away from it.
What is USDT Pool Mining
There is a website at eth2018.vip that is supposed to be running a Defi liquidity mining program with a USDT Pool with a reward of 1 million ETH.
This program is allegedly able to generate you a daily returns on investment from 2 to 5.2% percent. The minimum investment being 20 USDT, which roughly is 20 USD.
Everything is supposedly happening in the Ethereum blockchain. Your money will be used to mine liquidity for Tether (USDT), which is a stable coin pegged to the US dollar.
But is this USDT Pool Mining legit, can you make money in this DeFi mining liquidity program?
USDT Pool Mining scam
Unfortunately this supposed Defi liquidity mining for the USDT Pool is a total scam. In this review we explain why.
What is it even about
The first thing we wanted to know is where the money is supposed to come from in this USDT Pool Mining. But the official website gives no clear answer. In fact, it is very confusing. Some phrases that are supposed to provide an explanation don’t even make sense.
Like for example the first one about node mining: “USDT stored in their own wallets, 0 risk, the new blockchain data management and computing model, to boost DEFI ecology.”
Or the following one: “Via the total value of each user node production, liquidity node mining without any reservation and pre-mining and incremental behavior, all ETH users to provide on-chain liquidity, all this will be automatically locked through the smart contract node execution revenue.”
Not only they don’t make sense from the blockchain technology point of view, but also from pure language point of view.
What this Defi mining liquidity scam is probably trying to say is that you will be providing your USDT for liquidity mining. Which again does not make any sense.
USDT aka Tether is a crypto stable coin that can’t be mined. Nor you can provide liquidity for it. USDT is issued by the company Tether that also is supposed to back every issued token with real assets.
The only thing you can do with USDT is buy it for more or less 1 USD and sell it for the same price.
Some cryptocurrency platforms offers yield on USDT staking, but you will be lucky to get 10% per year. And it is not real staking per se as we know it from the Proof of stake concept that secures transactions in a blockchain network.
To sum this part app, USDT Pool mining is a nonsense that can’t be executed in real life.
Stupid returns
As we often say, most of the online investment scams are revealed by their investment plans. And this USDT Pool mining – Defi mining liquidity program is no different.
2% or more daily returns are absolutely absurd. There is no cryptocurrency mining, staking, trading or any DeFi activity that could earn you anything close to this number.
When you see any program in any industry in the world offering you a steady 2% daily return, you can be sure that it is a scam.
We also have to mention that this USDT Pool mining is promising even higher returns if you keep the money in the system, which indicates how it really operates.
How it really works
It might be that this Defi Mining Liquidity scam started as Ponzi scheme. Meaning that the USDT Pool mining could have been paying at the start, some people may actually have made some money in it.
But according to our reader, it is not paying now, which means that it is a failing scam. They want you to keep as much money as possible in the fake USDT mining pool so that you see fake profits accumulating and don’t realize that it is a scam.
The problems will occur when you try to withdraw. You will see that it is impossible, you won’t be able to get your USDT back to Binance or anywhere else, including your private wallet.
So it is very simple, every single USDT sent to this USDT Pool mining scam will be lost. And there is no way of getting it back because cryptocurrency transactions can’t be reversed.
USDT Pool Mining review – Defi mining liquidity Conclusion
USDT Pool mining or Defi Mining Liquidity at eth2018.vip is a scam that will just steal your cryptocurrency. You have to stay away from it.
If you want to see what real returns are possible in crypto staking and mining, you can check legit platforms that will provide you with all the information.
In the meantime please make sure that all crypto trading is very risky and even staking can lose you money because of prices fluctuate wildly over time.
Mining-USDT.com scam stealing your money from your crypto wallet
ethminingpool4.com is what I’ve been using and haven’t lost anything. Is this a scam as well?
It sure looks like a scam.
James please make a review of sunony exchange,I’m about to rent an eth miner 300usdt for 7 days.
Do you have a link to their website?
I have my USDT in my wallet and I didn’t connect my wallet
1st time I just bought 1miner and smart contract came and I approved
Now I’m making 2% per day
My question is how can they Access my funds and transfer it to another wallet without my approval
Atleast smart contract call will come
I can simply decline
If you can help me with this please let me know
I’m sorry but anything with 2% daily is a scam.
Please remove your funds as soon as possible. I lost 3500usdt . They have hidden screen recording and screen sharing softwares in dapp browser that you approved. I am victim of this and lost everything I save in a year.
I have no idea coz I lost 44 usdt only in the mining pool and to my wonder it was transferred from my account to address.
James Pinion
I’m using trust wallet, someone asked me to mine pool to get good return rate (swapuni.coach), so I transferred 15k usdt to pool mining and pledge to locked up for 60 days so it gave me 9% per day, now principal amount is increased 120k but in order to pull out all principal they asking to pay them 5% network fees, if I pay fees with usdt will all amount will get transfered in my wallet?
I’m sorry but I don’t think so. I think your money is lost.
Sam, remove funds immediately. I am victim and lost 3500usdt. They have screen recording and screen sharing softwares in there web. They will steal all of it. They access to your 12 phrases and you will not notice . And will send funds to there wallets. Please be safe. I lost much money.
So you invested in defi pool through trust wallet? I think I can’t remove funds which is alredy invested. But they asking to pay fees to remove profit.
True..lost my usdt from trust wallet…all scheme are fake…if u are able to witdraw money after adding network fee..do it immediately…they pay few people until they get more money to there platform..
I am in this mining pool and I want to know if it’s a scam. Website below
usdt-minningpool.com
USDT can’t be mined, so every USDT mining pool is a scam.
Can unicoin be mined or is a scam?
Which one do you mean? Unicoin.com?
True..lost my usdt from trust wallet…all scheme are fake
Hello please what do you think about this: y7z1.com
Is It legit or not?
I don’t know what their yield is, but I see a fake team, fake partners… So a scam, obviously.
tunswap.com is a scam. Just like the others above – but this one offers a loan (credit) that you should use to do mining usdt. They connect with your wallet via Dapp.
I have no idea coz I lost 44 usdt only in the mining pool and to my wonder it was transferred from my account to unknown address.
Which Wallet is that?
There is mining pool Future.net I transfer 100Ustd and I get 2% Everyday…then after a month I had like 166Ustd and it transfer to another address…they ask they updating system and my Ustd safe after 48hours its showing in pool but not in my wallet. They say I have to put 150UStd and I will get 500total ustd.like I get rewarded with 150 more
That’s a scam.
Interesting read
How about icetradeqx.com, they do have Defi with at least 1%-3%/daily. The platform has been running for a while. I can get daily profit. Can it be scammed ?
“at least 1%-3%/daily”
If you are getting paid, it means it is a Ponzi scam.
They are still paying, but my friend told me that he has invested with this for more than 2 years without any issues, they are still paying. We never know when it will dissapear.
Your friend is lying because icetradeqx.com was created in July 2022.
Just wondering if you got your money back after mining? I am still mining for a small amount.
Did your friend still got paid? I could not find their website.
Hey Thomp, how are you going with icetradeqx? They want a “digital channel transfer fee” to be able to withdraw even though i was withdrawing smaller amounts before. Sounds Scammy but i got a lot of $ on there and need it back.
Sounds bogus. How much is that fee?
Hello James, I’m new to this mining and want to ask you if this defining is legit?
defimining468.com
Please let us know about this one!$
I immediately see that they have a fake team and fake testimonials, so it looks like a scam to me.
Hello can you tell me if lockybit.com is a scam. Sure looks to good to be true. And someone on Twitter appearing to be a really pretty girl, Whos picture was copied from Kylie Jenner, is really trying hard to get me to join.
With 1.3 to 3.5% daily returns of course Lockybit is a scam
Thankyou very much I thought as much just wanted to verify. Great work.
Hi James
Keep up the good work, it is very helpfull !
How about these guys, they’re on telegram…A78 DeFi Wallet Mining Discussion Group
I’m sorry but I don’t know that group.
please can someone help verify ETHDT with the address ethry.top also which promises of 2%daily
2% daily? That’s a scam.
Good evening guys…me too…it s about 2 weeks that I’m going to mine and the withdraw arrive every day on trust wallet…they pay about 2,1%…but I think it s too much…what do u think to do??I try to put money 2 times on binance and arrived withouth problem…i don t know what to do…if simeone can help me…thank u so much
can you explain how your money can be steal from your wallet pls?
It doesn’t stay in your wallet.
The smart contact is used to take control of your account using third party protocols that allows the other guys to send at any time.. I lost everything like that
Одного дня, неввідомим способом, з гаманця в мене пропали всі гроші.
Гаманець, safepal. Mining86.io
Шахраї
Plz help me find some information about this link mi5555.com
It’s a scam.
Defivipmining.com is a total scam. They will transfer your funds without your permission.
Hello James,
I would like you advise me this case: one mining pool want to keep usdt in my trust wallet, daily I will withdraw 3%/principal amount.
Link: usdtmining.com
I can transfer and move between Binance wallet and Trust wallet , no problem current
Pls help me to check , which is risk?
That website is not working. However, with 3% daily I’m sure it is a scam. They will always find a way to gain control over your crypto, they will make you approve a smart contract that will gain control or something like that.
Hi,
I started this ETHDT mining, now i see it is a scam… I was able to transfer back my money from trust to binance (small amount).
My question: how can I “disconnect” TRUST wallet from this ETHDT mining?
I’m sorry but I am not familiar with Trust wallet, so I don’t know.
Kaise hota hai detail sent kijiye avam web site bhi
« Ethjn.xyz » is it a scam ? I’ve signed a smart contract and now they tell me evrytime to pay gaz fees I have 15.000USDT blocked I have paied 4 time when they tell me to do it and still didn’t receive my withdraw the name of the website in trust wallet is ETHDT
Based on what you say, it’s a scam.
Please I want to know if Uniswap-me.online is legit for $100 you got $1.6 everyday I connected my coinbasewallet and I store usdt in my wallet
1.6% per day? It’s a Ponzi scheme.
She said it’s a mining pool
No mining pool can generate 1.6% daily. Also, USDT can’t be mined.
Anyone know if defi.dmcc-eth20 mining pool is a scam or not?
What do they offer?
Hi all I have a person in twitter who seems to suggest that’s it’s exactly what she does
Buy USDT then stake the USDT and received eth
The eth received daily averages like 1.2, 1.8, etc ether
How is that possible
Well, that’s a scam.