ABM8.cc is one of those platforms that have been making waves online lately, particularly among people who are looking for ways to earn extra income from their phones.Â
According to the information on the website, it officially launched on May 8th and was designed specifically for Nigerian users. With the amount of attention it has been getting, many people have been asking the same question: Is ABM really paying, or is it just another platform to avoid?
This review will walk you through everything you need to know about ABM. You will learn what the platform is about, how to get started, the different ways to make money from it, how the deposit and withdrawal process works, and whether it is something worth your time and money.
Read Also:Â Engiie.cc Review: Is ENGIE Legit or Not? (Find Out Here)
About ABM8.cc
ABM claims to be a financial and investment company; it serves as a side hustle platform built for people to use every day. The platform claims to connect users with income opportunities through daily task completion and investment funds.Â
One thing that stands out about ABM is its investment section, which displays the logos and names of well-known global financial institutions, including Fidelity Investments, Generali Group of Italy, J.P. Morgan, HSBC, and Vanguard Investment Management.Â
However, there is no public evidence that any of these institutions or companies are actually affiliated with or have authorised the ABM platform to use their names.
How To Join ABM
Joining ABM is fairly simple. You just need to visit the website, and you will see the registration page. You can access it through three official websites: abm7.cc, abm8.cc, and abm9.cc and also has a downloadable app for users who prefer to work from their mobile devices.
You will need to enter your phone number with the country code, set a login password, confirm the password, and also create a separate payment password, which will be used for withdrawals.Â
Lastly, you will also need an invitation code from whoever referred you to the platform. The code is entered in the last field before you click register, before completing the registration process.Â
How Users Make Money With ABM
1. Earn By Investment / Wealth Fund
ABM also has an investment section called the List of Wealth Funds. This section displays several investment options branded with the names and logos of major global financial institutions.Â
The options include a Fidelity Investments fund with a 10-day cycle and 3% daily profit, a Generali Group fund with a 20-day cycle and 6% daily profit, and a J.P. Morgan fund with a 30-day cycle and 8% daily profit.
Also, the HSBC fund has a 60-day cycle and 10% daily profit, and the Vanguard Investment Management fund has a 120-day cycle and 15% daily profit. All of them require a minimum investment of 10,000 naira.
2. Earn Through Daily Tasks (Job Levels)
The main way to earn on ABM is by completing daily tasks after activating a membership level. There are ten paid levels ranging from A1 to A10, and each level requires a deposit to unlock. The higher the level, the more you earn per task.
This is how it works. A1 requires a deposit of 12,000 and pays 1,200 per task with 2 daily tasks. A2 requires 45,000 (discounted from 50,000) and pays 5,000 per task with 2 daily tasks. A3 requires 135,000 and pays 10,100 per task with 3 daily tasks. This spans till A10 with varied deposit amounts to unlock higher levels.
3. Earn Through Referrals
ABM also pays users for referring new members who make deposits. The structure works across three levels: 11% from your direct referrals (Level 1), 1% from Level 2, and another 1% from Level 3. This means that if you are good at bringing in people, you can earn a significant amount on top of your daily task income.Â
The platform also runs a daily cumulative invitation reward system where you earn extra Lucky Wheel spins for hitting referral targets. For example, inviting 3 people at the A1 level earns you 2 extra spins, while inviting 1 person at the A9 level earns you 6 extra spins.
Payments & Withdrawals on ABM
To fund your ABM account, you go to the Recharge section and select a deposit amount from the options provided. Minimum deposit amount is 12000. Payments are processed through three channels, namely: pay_watchpay, pay_jypay, and pay_nekpay. The platform also allows instalment deposits for larger amounts.Â
For withdrawals, you go to the Withdrawal section, enter the amount you want to take out, select your linked bank card, choose a withdrawal wallet, and enter your payment password before submitting.Â
Withdrawals are available from 9:00 AM to 9:00 PM every day, and the minimum withdrawal amount is 2,400. Processing takes between 0 and 72 hours. ABM charges a fee on every withdrawal, and the fee depends on your membership level.
Is ABM Legit Or Not?
No, this platform shouldn’t be given full trust because it is not legit despite claiming to have an affiliation with top brands across the globe. There are a few things about ABM that make it worth approaching with caution.Â
The most obvious concern is the use of brand names and logos from respected global financial institutions without any verified partnership or authorisation from those companies. This is a tactic commonly used by platforms that want to appear credible without actually having the backing they imply.
The 20% withdrawal fee at the entry level is also unusually high. Combined with the fact that earning more requires putting in increasingly large amounts of money, up to 16 million naira.
Lastly, some early users may make money, but the sustainability of this platform is always questionable. If the flow of new members seizes, payouts are the first thing to stop.
Conclusion
ABM is a Nigerian earning platform that claims to offer daily tasks, referral commissions, and a wealth fund investment section. While the platform may look legit, several red flags stand out, particularly the unauthorised use of global financial brand names and very high withdrawal fees at lower levels.
If you decide to try ABM, start with the minimum level, never invest more than you can comfortably walk away from, and make sure you withdraw your earnings as soon as they are available. Do not rely on this platform as a steady or long-term source of income.
Individuals who are interested in venturing into platforms that actively pay the users should join our WhatsApp group chat or Telegram channel for more information about the latest investment platforms that pay.Â
