Silverminers Review – Is Silverminers.com.ng Legit Or Scam

About Silverminers.com.ng

Silver Miners (Silverminers.com.ng) is a recently launched investment platform, claiming to focus on the silver market. It offers users a chance to make daily income through investments. Launched on August 10, 2023, the platform offers various investment packages but raises red flags.

Benefits include a 200 naira welcome bonus, a minimum deposit of 900 naira, and a maximum deposit of 700,000 naira. Withdrawals have a minimum limit of 950 naira and a maximum of 300,000 naira. Referral commissions are offered at three levels, with the first level earning 15%, the second 3%, and the third 1%.

Investors can make money by either investing in packages or referring others. Investment plans vary in price and daily profit, ranging from Machine 1 (₦900, ₦300 daily) to Machine 9 (₦700,000, ₦245,000 daily).

To withdraw, users need a minimum of 900 naira, with a 3% withdrawal charge. Withdrawals are processed during specific hours on weekdays and Sundays.

However, Silver Miners is deemed a scam and a Ponzi scheme, with reports of non-payment. Caution is advised to avoid potential losses.

Company Name: Silverminers.com.ng
Website url: www.Silverminers.com.ng
Invitation url:
Launch Date: 2023-08-10
Domain Registration Date: 2023-08-06
Domain Expiry Date: 2024-08-06
Owner Name: The owner of the domain name is hidden in the Whois
Daily Commission
Referral Commission 15%
No. of Visits 569
Last Visit: 1min ago

 

Silverminers.com.ng Features & Benefits

  1. Welcome Bonus.
  2. Investment Flexibility.
  3. Daily Profit.
  4. Referral Commissions.

Silverminers.com.ng Investment Plans

  1. Machine 1:
    • Price: ₦900
    • Daily Profit: ₦300
  2. Machine 2:
    • Price: ₦2,000
    • Daily Profit: ₦670
  3. Machine 3:
    • Price: ₦7,000
    • Daily Profit: ₦2,350
  4. Machine 4:
    • Price: ₦14,000
    • Daily Profit: ₦4,700
  5. Machine 5:
    • Price: ₦20,000
    • Daily Profit: ₦6,800
  6. Machine 6:
    • Price: ₦40,000
    • Daily Profit: ₦13,600
  7. Machine 7:
    • Price: ₦70,000
    • Daily Profit: ₦23,000
  8. Machine 8:
    • Price: ₦200,000
    • Daily Profit: ₦69,000
  9. Machine 9:
    • Price: ₦700,000
    • Daily Profit: ₦245,000

Silverminers.com.ng Red Flags

1. No External Audits: Legitimate investment platforms usually undergo external audits, while scams avoid such scrutiny.
2. Minimal Legal Documentation: Ponzi schemes often lack legal documentation required for legitimate investment operations.
3. No Clear Business Model: The platform lacks a transparent explanation of how it generates the promised returns.
4. No Investment Diversification: Legitimate investment platforms diversify investments to minimize risks, while scams lack this strategy.

Is Silverminers.com.ng Legit or Scam?

Based on all the red flags we have listed above, it is quite evident that Silverminers.com.ng is a Scam

 


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