If you have recently come across Glutatrade.buzz, chances are you were attracted by its promises of making money online through investments and referrals.Â
However, before you sign up or deposit your hard-earned money, it’s very important to understand how this platform works and whether it is truly legit.
With my detailed review, I will explain everything you need to know about Glutatrade, from how it works, how to register, how to earn, payment structure, and finally, whether it is legit or a scam.
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About Glutatrade.buzz
The Glutatrade platform claims it is an online investment and earning platform that offers users daily returns on deposits. The platform typically promotes fixed investment plans, daily profit earning, referral commissions, and easy withdrawals.
On this website, we found out that they have one of the cheapest investment plans or packages that cost only 5,000 naira to buy. Being the least affordable plan, users can earn 300 naira daily for the next 40 days and eventually acquire 12,000 naira at the end of its validity.
The platform also made provisions for higher investment plans that can fetch users more money, and also other means of accumulating money aside from investing. Through the platform’s referral program, users earn a good amount of money as well.
How To Register On Glutatrade
As a newbie, getting started on Glutatrade is quite simple. All you need to do is request the website’s official link from an existing user, then click on the link, and it will take you to the registration page.Â
You will need to fill in your details, which include your phone number and preferred password only. Click on the register button after you have input the required details. After registration, you will gain access to your account, where you can deposit money and start investing.
How To Make Money On Glutatrade
There are mainly two ways users are expected to earn on the platform.
1. Investment Plans
The primary method of earning is by depositing money to buy investment plans on this platform. You can choose a plan, invest a certain amount (starting from 5,000 naira to 100,000 naira), and then earn daily profits over a period.
These plans usually promise fixed daily returns, like the 15,000 naira plan, which has a 650 naira daily income for 30 days. Other higher investment plans on the website have more income to pay out daily to users who purchase them.
2. Referral Program
Another way to earn is through referrals by inviting friends using your referral link to earn commission when they deposit, and build a team to increase earnings.
The platform claims that users are paid for referring their friends, but there’s no specific amount to be paid to users that is displayed on the website.Â
Payments & WithdrawalsÂ
Glutatrade claims to offer fast withdrawals, automated payment systems, and multiple payment methods. Browsing through their website, we found out that users can deposit only through bank transfers, and the minimum amount to deposit is 5,000 naira.Â
While for withdrawals, the platform noted that only users who meet their minimum withdrawal threshold can apply for withdrawal. Minimum withdrawal amount is 1,000 naira, and a maximum of 2,000,000.
Is Glutatrade.buzz Legit Or Scam?
No, Glutatrade is not a legit investment website, nor can it be outrightly called a scam platform either. Based on all available data, the platform operates like a Ponzi scheme, where older users only get credited when new people join the platform.
All these strongly suggest that Glutatrade is a high-risk platform that may collapse at any time. Honestly, it is not advisable for anyone to invest in this project.Â
Even if some users claim to earn initially, remember that early payouts are often used to attract more victims, so you can lose all your money once the platform shuts down.
Conclusion
Glutatrade is another example of a fast-rising online earning platform that promises easy money but shows strong signs of being unsafe. While the registration process is simple and the earning methods may look attractive, the risks involved are extremely high.
If you are looking for a safer alternative to invest in, I advise that you join our WhatsApp group chat or Telegram channel to get updates on websites that pay.
