If you’ve been searching for ways to make money online in Nigeria, there’s a good chance you’ve come across a platform called onetreks.com. Since its launch on June 27, it has been attracting attention with claims that users can earn a steady daily income by investing in bicycle production lines.Â
But are these promises realistic, or is there more to the platform than meets the eye? In this review, I’ll explain how TREK works, the different ways it claims users can make money, and, most importantly, whether it’s a safe platform to trust with your hard-earned money.
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About Onetreks.com
TREK claims to be a legendary bicycle brand founded in Wisconsin, USA, back in 1976. They show photos of sophisticated bikes and international racing teams to build trust with users. They describe themselves as a stable, long-term, profitable platform that is inviting people to join their profitable journey by funding their production efforts.
Given that the site talks a lot about being a global leader in the cycling industry, the actual way you interact with the platform is through VIP investment plans and referral bonuses. Instead of buying a bicycle, you are essentially putting money into different tiers to get a daily payout.
How To Be A Part Of TREK
To be a part of TREK and get to participate and enjoy the features it provides, you have to be registered. To do that, visit their registration page, where you will be asked to provide your phone number. You will also need to create a login password and then confirm it to make sure there are no mistakes.
Most people join through an invitation, so there is a space for an invitation code, which is usually required to create an account. Once you fill these in and click “Register an account,” you are ready to log in.
How Users Gain From Using TREK
There are a few different ways the platform says you can earn money, ranging from simple daily clicks to much larger investments.
1. Daily Tasks
The simplest way to earn is through the Daily Check-in feature. Every 24 hours (after midnight), you can click a button to receive a free gift of ₦100. This is a small daily bonus that gets added to your account balance just for logging in.
2. Invest Your Money And Get Paid
The main way to earn on the platform is by buying one of its VIP plans. Each plan runs for 100 days, and the amount you earn depends on the package you choose. For example, VIP1 costs ₦5,000 and claims to pay ₦1,000 every day. VIP3 costs ₦45,000 and promises ₦11,250 daily, while VIP6 requires an investment of ₦400,000 and claims to pay ₦133,333 every day.Â
There are also more expensive plans, such as VIP8, which costs ₦2 million and promises an eye-catching ₦1 million per day. The platform also has an R Series with even higher claimed returns, but you’ll need to buy a regular VIP plan first before you can access those packages.
3. Referral Bonuses
TREK also encourages users to invite other people through its three-level referral system. When someone joins and invests using your referral link, you earn a 40% commission from that person’s investment.Â
If your referrals go on to invite others, you also receive 3% from your Level 2 team and 1% from your Level 3 team. According to the platform, these referral commissions are credited instantly and can be withdrawn immediately.
Recharge & Withdrawal on Trek
To start investing, you have to recharge your account. The minimum deposit is ₦5,000. They have different payment channels (L0 and L1) where you can transfer money to fund your account. The platform warns users to verify account information carefully before sending any funds.
If you are in need of your money and want to take it out, the platform explains how you should go about it. The minimum withdrawal amount is ₦2,500. You can request a withdrawal at any time (24/7), but you are limited to one withdrawal per day. There is an 18% tax or fee deducted from every withdrawal you make. While they say money can arrive in as little as 2 hours, they ask users to wait up to 24 hours in some cases.
Is TREK Legit or Not?
No, from everything we currently know about the platform, TREK does not appear to be a platform worth your time and energy. First, the returns they are promising are unbelievably high. For example, in the VIP1 plan, you get your entire investment back in just 5 days, and then profit for the next 95 days.Â
You will agree with me that no legitimate investment can guarantee those kinds of returns safely. It looks much more like a Ponzi scheme, where the money from new members is used to pay the older ones.
Another concern is the massive 40% referral commission. When a platform offers that much money just for bringing in new people, it usually means they are desperate for fresh cash to keep the system running. If people stop joining, the money usually disappears.
Conclusion
TREK is a platform that claims you can earn big profits by investing in bicycle production, but it functions like a Ponzi scheme earning site. While it offers a ₦2,500 registration bonus and daily check-in rewards to get you interested, the high investment returns and the 18% withdrawal fee are signs of a platform that may not be sustainable for the long term.Â
Lastly, you should be very careful with your money here, as these types of sites often vanish without warning once they stop getting enough new members. Joining our WhatsApp group chat or Telegram channel will help guide you before you invest.Â
