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With economic downtimes ongoing worldwide, people are desperate to make extra income. This has given rise to many fraudulent schemes. Thus, when Kmkusdt.com was among the most-searched sites on ScamAdviser, we jumped in to analyze the site and bring you this review.
Kmkusdt is an online platform where users can supposedly make money. However, are they legit or a scam? Join us as we give you as much information as possible to help you make an informed decision.
When you visit Kmkusdt.com, you will only be met with the login page. They don’t offer much information about what the site is all about and why you need to sign up. They also have other similar sites which could explain that this is part of a larger scheme. They include:
Interestingly, they require an invite code for you to be able to register. This means you need a registered user to invite you so as to access the platform. This raises suspicions that Kmkusdt is likely a Ponzi/pyramid scheme.
It’s not until you get to social media and customer reviews that you begin to understand how the platform works. On Facebook, there is a group where users of Kmkusdt post their issues. Turns out that the website is a “crypto-mining platform” where users are promised a signing-in bonus plus daily returns of $7 for investing $100
There are quite a number of customer reviews regarding Kmkusdt.com.Most of the customers have praised the company for being able to make daily withdrawals.
One interesting bit to note is that many of the customers are indicating “so far” as to mean they expect things to take a turn for the worse. The fact that many customers are quick to point out that “It's going well so far…” raises suspicions that even the happy customers are aware that this is likely to be a fraudulent scheme that is bound to collapse..
On Facebook, customers have complained that they were unable to make withdrawals from the platform. The reason given was that their “mining machine has been damaged” which is just but an excuse.
Source: Facebook
There are others who got a “Withdrawal channel not open” notification which is never a good sign for any investment or trading platform.
Source: Facebook
Overall, we have doubts about Kmkusdt.com. There are a lot of red flags and characteristics that overlap with Ponzi/pyramid schemes. They offer high returns which makes us question if the deal is too good to be true. Just like most pyramid schemes, you need to be invited in otherwise you won’t be able to register.
Though there are some positive reviews, customers sound cautious about withdrawals stopping without notice. On Facebook, there are complaints that some customers are not able to make withdrawals for 2 weeks with their “mining machine” apparently damaged. Caution should be exercised when investing at Kmkusdt.com as it is likely to be a fraudulent investment scheme.
This article has been written by a scam fighter volunteer. If you believe the article above contains inaccuracies or is missing relevant information, please contact ScamAdviser.com using this form.
