In the search for extra income, many people are turning to online platforms that promise to reward their users for simply making deposits, investing, participating in activities, and Citistore.vip is one of such platforms currently gaining attention.
This review takes a deep dive into how the site works, what it claims to be, and whether it represents a safe opportunity for your money or a significant risk. We will explore the registration process, the earning structures, and the potential red flags every user should be aware of.
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About CitiStore.vip
The platform called Citistore has claimed to be a popular CitiStore located in Hong Kong with affiliation with a top brand. This project claims it is a major department store chain established in 1989 and owned by Henderson Land Development.Â
However, with our findings, we discovered that the website is built around investment tiers, VIP plans, and a task-based system where users claim orders to earn commissions. Without these aforementioned online attributes, users on the platform won’t earn a single dime.
How To Join CitiStore
Getting started on this platform follows a relatively standard registration process. To create an account, you must provide a phone number, create a login password and confirm it for security purposes, create a separate six-digit withdrawal password, enter a verification code, and enter an invitation code.Â
Before finishing, users are asked to agree to a “User Agreement” and “Privacy Policy”. Once registered, you are initially assigned as an Intern with a temporary validity period.
How Users Make Money With CitiStore
1. Invest To Earn
The primary way people expect to earn on this platform is by performing digital tasks. While everyone starts as an intern, the real earnings start when a user upgrades to a VIP plan that requires a financial commitment.
The plans range from C1 to C8. A C1 membership costs 15,000 NGN and offers a daily income of 600 NGN, while the highest tier, C8, requires a deposit of 19,350,000 NGN for a promised daily return of 645,000 NGN.Â
Each level increases the number of tasks you can perform and the commission you receive per order. For instance, a C1 user does 3 tasks a day, while a C8 user does 24.
The daily tasks involve clicking a “Claim” button on various high-end products like MacBook Pros, Nike sneakers, or Prada bags. For an Intern, each of these claims earns a commission of 250 NGN. The system shows a progress bar indicating how much of the order has been bought by other users.
2. Earn Through Referral Program
A major part of the CitiStore’s earnings comes from its multi-level referral structure. Users are encouraged to build a team to earn Invitation Bonuses and Human Resource Management Costs.Â
When you invite someone, you can earn a percentage of their deposit: 10% for A-level (direct) recruits, 3% for B-level, and 1% for C-level. Additionally, you earn management bonuses based on the daily commissions your subordinates make, with ratios of 5%, 2%, and 1%, respectively.
For those who are very successful at recruiting, CitiStore offers “Company Positions” with a monthly salary. These roles range from “Junior Employee” to “Marketing Director”. To qualify for a Junior Employee salary of 20,000 NGN, you need at least 15 A-level recruits.Â
At the top end, a Marketing Director with 3,000 ABC-level recruits is promised a monthly salary of 3,000,000 NGN. These positions require maintaining a certain team size and are subject to monthly performance reviews.
Payments & Withdrawals on Citistore
To upgrade your VIP level, you must deposit funds through the CitiStore Deposit Channel. The minimum amount you can recharge is NGN 1,000, while the maximum per transaction is NGN 1,000,000. There is no handling fee for these deposits.
Withdrawing money comes with several strict rules. First, “Intern” members are not allowed to withdraw any earnings; you must upgrade to at least a C1 membership to enable you to withdraw. Withdrawals are only processed Monday through Friday, between 9:00 am and 5:00 pm.Â
There is a minimum withdrawal limit of NGN 2,000 and a 10% administrative service fee applied to every transaction. The processing time is between 0 and 72 hours, and the money is sent directly to the user’s registered bank account.
Is CitiStore Legit Or Not?
No, Citistore is not a legit platform, nor is it located in Hong Kong. The platform promised lots of returns to users, such as earning 645,000 NGN daily from a 19 million NGN deposit, which are incredibly high and will likely be unsustainable in the long run.Â
Furthermore, the platform is heavily dependent on a multi-level referral system and requires users to pay job bonds or deposits just to withdraw their earnings. This “pay-to-earn” and “pay-to-withdraw” structure is similar to a Ponzi scheme, where the money from new investors is used to pay earlier ones.
Conclusion
CitiStore presents itself as an easy way to earn money through simple tasks, but a closer look reveals a high-risk investment platform. Its operations are centered on recruitment and high-yield deposits. The inability of new members who have not deposited any money into the account to withdraw and the emphasis on building a multi-level team are major red flags.Â
Users are ready to take the risk regardless, but should be extremely cautious and avoid committing large sums of money to this platform, as the risk of losing their entire investment is very high. You should join our WhatsApp group chat or Telegram channel to learn more about online investment platforms.Â
