Swagbucks-vip.com is one of the latest trending online investment websites that has promised to reward investors. The platform claims to be a world-leading independent advertising and communication company that is headquartered in El Segundo, California, USA.
This review is well written to give full details of the website, starting from the platform’s about, how an individual can register, how to make money with the platform, how to withdraw from the website, and lastly, whether the project is legit or not.
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About Swagbucks-vip.com
Swagbucks claims to be one of the leading companies in the advertising world. They advertise, and also partner mostly with top social media platforms like Youtube, Twitter, Facebook, Instagram, Tiktok, Snapchat, and more valid platforms.
According to them, they provide these partners with video advertising exposure, helping them to get public visibility and brand awareness, and also attract the attention of potential users. Swagbucks claims to charge promotion fees from these brands and use a large part to pay employees.
The employees here are regarded as investors on the website. When you pay for the VIP plan, you automatically become a member of this project. The least amount to pay in order to activate the employee level is R600 (equivalent to $34.4).
How To Join Swagbucks
For you to become a member of the platform, you will need to have access to the registration link, which can be given to you by the individual who introduced you to the project. This link can also be yours if you contact our social media admins through our WhatsApp group chat or Telegram channel.
Once you get the link, use your browser to access it and begin to fill in your details on the registration page. Remember to enter the 4-digit verification code properly before proceeding to click on the register button to complete the process.
How To Deposit On Swagbucks
Making deposits on this platform requires that a user have either a cryptocurrency wallet (with TRC20 – USDT), a CA_3 (payshap ID) and finally an Absa bank account. These are the three safest ways that deposits can be made properly into the platform.
The deposit button on this website is located on the homepage as a “recharge” button. Click on it, and you will be redirected to another page where you will need to select the method of payment. The USDT is said to be going smoothly and is accessible to every country.
Since the least amount to pay to become an employee is R600, it means the least to deposit shouldn’t be lower than this amount. According to the company, there’s an extra 10% reward to any who deposits with USDT.
How To Make Money On Swagbucks
Making money on this platform is all dependent on the user and how hard they work. There are different means to earn, and it is explained below.
1. By Paying For A Plan (Becoming Employed)
When you buy a plan on this platform, you automatically become employed. The least expensive plan is called the “JOB1” and it costs R600 ($34.4) in return, you will get paid R20 daily, R600 monthly, and R7,200 after 360 days.
The higher the package you buy, the more money you get to earn. When you pay for the highest plan, which costs R1,400,000, you will end up earning R62,200 ($3,566) daily after completing 200 tasks on the website. Your daily take-home pay all depends on your investment amount.
2. Earning Through Referral Bonus
Just like many investment platforms out there, Swagbucks also has a referral bonus for users who advertise and invite new users. When you successfully invite an individual through your link and he or she pays for the JOB1 plan, you earn R170 as a bonus.
For every new person you invite through your invitation link, you will earn a reward. The rewards amount depends on the plan your invited user pays for. The higher the package, the more amount to be earned.
3. Lucky Draw
The platform has another feature to help users earn extra money aside from referring. You can be lucky to earn between R26 and R6,638 on every spin you make.
Each time you invite a user to unlock JOB1, you will get a chance to play the roulette game. The higher the level of invitation unlocking, the greater the chance of getting a high bonus.
How To Withdraw From Swagbucks
To make a withdrawal on the platform is very simple. You are required to set your withdrawal password and also the method of withdrawing by going to the withdrawal page, which is seen on the website homepage.
Temporary workers have 0% tax on withdrawals, regular employees have 0% tax on withdrawals from their main wallets, and regular employees have 10% tax on withdrawals from their commission wallets. Taxes are levied by the government.
When you initiate a withdrawal, the Swagbucks Finance Department will send your bank account information to the bank that cooperates with Swagbucks, and the bank will transfer the money for you. Please make sure your bank account information is correct.
Withdrawal time is Monday to Friday (08:00-17:30), withdrawal time is 0-24 hours, excluding holidays, and lastly, the minimum amount to withdraw is R40, which is equivalent to $2.2.
Is Swagbucks A Legit Website Or Not?
Swagbucks is a Ponzi scheme and shouldn’t be given 100% trust. The platform claims to be a company located in El Segundo, California, in the USA, but has a deposit method that requires users to make use of South African Rands (RSA) as a method of payment.
The platform seems to be another South Africa ponzi scheme website that is properly designed to take money from individuals across the globe. Their normal gimmick is using the USA as headquarters in the company’s about, and it is not relevant to this project’s plans.
If you can bear the loss of losing money or you have any money to risk, investing won’t be bad. You can try to see if you can get something off the platform, but the truth is that this project is dead on arrival; it won’t last long on the internet.
Conclusion
Swagbucks is just like every other Ponzi scheme company we have been seeing this year; no plans made for longevity, nor was it designed to keep paying investors for a long time. It’s a rob Peter to pay Paul kind of project.
If you are interested in learning more about online investment platforms that are legit, join our WhatsApp group chat or Telegram channel to get updates and more information.
