There has been a lot of talk lately about a new platform called Tedrit.com, which claims to be a high-end watch company where you can also make money. If you have been seeing their links or hearing about investing in watches to earn a daily income, you are probably wondering if it is actually worth your time or just another risky site.
In this review, I am going to break down exactly how Tedrit works, how people are making money from it, and whether or not it is a safe place to put your hard-earned cash. By the end, you should have a clear picture of what you are getting into before you decide to sign up.
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About Tedrit.com
Tedrit comes off as a premium Swiss watch manufacturer with over 50 years of experience. They claim to have more than 200 watch models and a presence in over 30 countries. The platform says their mission is to blend traditional craftsmanship with modern innovation to create top-tier timepieces.
Beyond what they claim to offer, there are other things that are actually attainable on the platform. It feels less like a watch store and more like an investment site. Instead of buying a watch to wear, you invest in different Watch Series levels.
These levels, ranging from VIP 1 to VIP 7, are essentially investment plans that promise you a daily return based on how much money you put in.
Registration Process on TEDRIT
Creating an account on Tedrit is simple. To register, you’ll need to enter your mobile number, create a password with at least 8 characters, and confirm it. You’ll also be asked to enter a referral code, which is usually required before you can sign up.
After that, click “Send” to receive a one-time verification code (OTP) on your phone. Once you enter the code and click “Register Now,” your account will be created.
Ways Of Making Money On Tedrit
While Tedrit talks a lot about craftsmanship, the main reason people are there is to earn money. The platform offers a few different ways to grow your balance, mostly centred around investing your own money or bringing in other people.
1. Generate Income on Investment
One of the verified ways to earn on the platform is by buying one of its VIP investment plans, also called Watch packages. Each plan runs for 30 days, and the amount you earn depends on the package you choose.
VIP 1 requires an investment of ₦8,000 and claims to pay ₦800 every day, giving a total of ₦24,000 after 30 days. VIP 2 costs ₦15,000 and promises ₦1,500 daily, while VIP 3 requires ₦30,000 and claims to pay ₦3,500 per day. VIP 4 costs ₦50,000 and promises ₦6,000 daily, adding up to ₦180,000 over the 30-day period.
The platform also lists VIP 5 to VIP 7, with investment amounts of up to ₦200,000, although some of these plans are still marked as “Coming Soon.”
There is a check-in feature on the site that usually allows users to earn small rewards. However, Tedrit has a specific rule: you cannot check in or earn these rewards until you have invested in one of their products first. This means you have to spend money before you can start performing any daily tasks.
2. Refer And Get Commission
Tedrit also encourages users to invite others through its Squad referral system. When someone joins and invests through your referral link, you earn a 17% commission from your Level 1 referrals. If those people invite others, you also earn 3% from your Level 2 team and 1% from your Level 3 team.
The platform also offers task rewards for reaching certain referral milestones. For example, inviting 14 people can earn you a ₦5,000 bonus, while inviting 100 people comes with a claimed reward of ₦50,000.
How To Deposit on Tedrit
To start earning, you have to top up your account. The platform stated its minimum deposit amount is ₦8,000, which matches the cost of the lowest VIP plan. They use payment channels like BillPay, XdPay, and WtPay. Deposits are available 24/7, and the money usually shows up in your wallet within 5 to 30 minutes after payment.
Withdrawal Process on Tedrit
Before requesting a withdrawal, there are a few important rules to keep in mind. The platform only processes withdrawals between 10:00 am and 6:00 pm every day, and the minimum withdrawal amount is ₦1,000. It also charges a 15% processing fee on every withdrawal.
Another thing to note is that you can only link one bank account for withdrawals, so it’s important to enter the correct account details from the beginning.
Is Tedrit Legit or Not?
No, judging by the information available at the moment, Tedrit does not look like a genuine investment platform. The site may have some alluring features that may seem tempting, but there are several major red flags.
First, the business is dependent on new users putting in money to pay out older users. A real watch company makes its money selling watches to the public, not by asking investors to pay ₦8,000 for the privilege of clicking a button for ₦800 a day.
The returns they promise are also a huge warning sign. Tripling your money in just 30 days is not something a sustainable, legal business can do. This structure strongly resembles a Ponzi scheme, where the whole thing can collapse the moment new people stop joining and depositing money.
Conclusion
Tedrit is a platform that uses the cover of a luxury watch brand to run a high-risk investment scheme. While it might pay out early users to gain trust, the 300% monthly returns and how it focuses on recruitment are clear signs of a platform that won’t last forever.
If you decide to join our WhatsApp group chat or Telegram channel, you will learn more. Also, you should be fully aware that your money is at significant risk, and the 15% withdrawal fee is quite high.
