When it comes to opportunities like this, people often have various questions about its legitimacy. There are numerous questions surrounding the legitimacy of this platform, such as: Is it legit or a scam? Is withdrawal allowed? Has anyone reported being scammed?
If you're among those asking if the platform is legit, rest assured that you've come to the right place for answers. Here, we provide our readers with an insider's look and an honest review, not misleading ones.
This review will reveal everything you need to know about this platform. It will mainly check if it's legit or a scam to avoid. So, stay connected to discover more.
Platform Overview:
• Name: Earnhive.
• Release Date: August 5, 2023.
• Website Address: https://earnhive.net
• Number of Red Flags: Max.
• Customer Support Check: N/A.
What is Earnhive, and How Does It Work?
If you're looking for a hassle-free way to make money online, here is Earnhive. This platform has gained popularity within a few days, claiming that you can make money effortlessly.
Reportedly launched on August 5, 2023, Earnhive claims you can earn money by sharing posts sponsored by advertisers and even just by logging into your account every day.
Before you sign up to start earning from the platform, it's crucial to understand how it works. This will help you determine if what it offers is worth your time and if it's legit or a fraudulent scheme to avoid.
Before we proceed, let me quickly tell you a short story, that so far I have come across numerous fraudulent platforms similar to Earnhive. These platforms claimed to be legit and lured unsuspecting individuals using fake withdrawal screenshorts to sign up and deposit funds. Sad to say this; at the end of the day they vanished with users' funds unexpectedly.
Before we conclude whether Earnhive is one of these fraudulent platforms designed to defraud unsuspecting individuals, let's take a closer look to better understand how it works:
How Earnhive Works/How to Make Money on Earnhive:
1. Daily Activities:
Earnhive is a platform that offers users a hassle-free money-making opportunity. It's a platform that requires no prior experience before you can start earning.
To get started, you can become a member of the platform by typing its web address (earnhive.net) into your device's browser. This will direct you to the platform's introduction page, where you'll also find the sign up button. Clicking on the button will redirect you to the registration page where you can see the registration form. Complete the registration by providing your first name, last name, username, email address, phone number, and password. Additionally, a coupon code will be required. If you're genuinely interested in the platform, you'll see the "Buy Coupon" link on the registration page. Clicking on it will take you to a page where you can proceed with the purchase. Once the purchase is completed, return to the registration page to finalize it. The coupon code costs ₦4,500. You only need to pay for the code; no additional money is required before you can start earning.
Upon registration, you'll receive a ₦2,000 welcome reward, ₦200 when you share a sponsored post, and a daily sign-in reward of ₦300 for logging in to your account.
2. Referral Program:
If you are good at referring people to a platform, this is an opportunity for you to maximize your earnings. Earnhive also provides users with the chance to refer others and earn commissions.
You can earn an impressive ₦3,500 per referral, which I believe is a substantial referral reward. To capitalize on this, simply acquire your referral link and share it with those who wish to refer. Once they successfully sign up using your link, you will receive the promised commission.
General Points to Note:
Your referral rewards can be cashed out every Monday, Thursday, and Friday. Additionally, for earnings from daily activities, you will need to accumulate a total of ₦22,000 before requesting a withdrawal. This is crucial information to help you manage your expectations effectively.
Is Earnhive Legit or a Scam?
The platform seems questionable, as our tests revealed numerous red flags associated with it. For your safety, consider the following warning signs:
1. Similarity to Past Fraudulent Platforms:
History has shown that there were platforms similar to Earnhive in the past that ended up scamming users. Due to this, we cannot confidently assert the legitimacy of this platform, as the time you choose to join might coincide with it disappearing along with your hard-earned money. Approach with caution to avoid falling victim to a fraudulent scheme.
2. High Referral Rewards:
Your funds are at risk, and there is no guarantee of recovery. A significant red flag that raises serious concerns is the exceptionally high rewards offered per referral. Historical patterns have indicated that platforms operating in this manner could vanish, leaving users without their funds. The platform may operate as a Ponzi scheme. Exercise caution, as there may be no recourse to reclaim your losses if anything goes wrong.
Is This Platform Paying Users?
The platform currently pays its users. As long as you meet the withdrawal threshold, you will receive payment upon requesting it. However, based on historical occurrences, platforms like this can stop payments at any time. This review states that the platform is paying based on its past behavior. Nevertheless, it is wise to manage your expectations and exercise caution, as circumstances can change.
In which country is Earnhive available:
Earnhive is based in Nigeria. To better confirm if it's available in your country, visit the platform and navigate to the registration page. This is where you can confirm whether it is accessible to you or not.
Final Verdict:
Exercise caution. Valid evidence to establish the legitimacy of this platform is lacking. Our historical research reveals past platforms that operated similarly to Earnhive defrauded unsuspecting individuals. Consequently, we cannot confidently declare Earnhive as legitimate.
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