HUBIZCOIN reviews, Legit or Scam

Hubizcoin

HUBIZCOIN is an online Investment platform that promises to pay their Investors 100% ROI (return on investment)  in just 7 to 14days of their Investment. HUBIZ COIN trade in its own currency known as HBZ coin.

DISCLAIMER: please note that we are not in any way affiliated with this platform and as such we are not paid to write this reviews. this reviews is solely written with the aim of enlightening the public about this online Investment platform.

you are therefore, at liberty to reject or accept this reviews. Also your acceptance to deal with this platform is at your own risk and we shall not take any responsibility of anything that happened thereof.

HOW DOES HUBIZ COIN WORKS;

HUBIZ COIN works in a similar way like Earnersfx and SMARTEARN. There major differences lies in Investment plans and the use of apps. While Earners FX and SMARTEARN uses an app for their Investments, Hubizcoins doesn’t have an app but based their Investment on the web.

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Currently, Hubizcoin has Four (4) Investment plans namely; BLUE plan, RED plan, BLACK plan and WHITE PLAN. While the BLUE and RED plan Investment Duration is 7days, BLACK AND WHITE plan Investment duration is 14days but they all gives 100% ROI. Check details below:

BLUE PLAN; Invest 1k to get back 2k in 7days.

RED PLAN; invest 2k to get back 4k in 7days.

BLACK PLAN: Invest 5k to get 10k in 14days.

WHITE PLAN: invest 10k to get back 20k in 14days.

Hubiz coin also promises to launch to more Investment plans by 2021 which are 20k to get 40k and 40k to get 80k.

All transactions are done in HUBIZCOIN currency known as HBZ. 1HBZ = N1. So one will need to convert his cash into HBZ before Investing.

You can simply pay your Cash to an existing Hubizcoin investors to get the HBZ or buy directly from the platform.

HOW TO EARN ON HUBIZCOIN:

HUBIZCOIN does not requires an investor to perform any tasks on the platform in order to earn, all what’s needed is the Investors Investment.

Hubiz coin

Apart from the ROI on investment, an investor also earn some certain commission as a referral bonus when he invites a new investor to the platform. refferal bonus amount varies based on referee Investment plan.

HOW TO WITHDRAW ON HUBIZCOIN;

Hubizcoin provides its members with two withdrawal options viz; Internal Transfer and Selling back to the company.

• Internal Transfer; This type of Hubiz coin withdrawal requires an investor to transfer/sell his/her HBZ to another investor while he/she receives the cash from the buyer. this is called HBZ trading or HubiZcoins Trading.

• Selling Back To The Company; This means that an investor will sell his HBZ back to the platform while they paid him/her in cash. Selling Back To The platform attracts 30% transaction charges. We haven’t seen anyone that sell back to the Hubizcoin company though.

HUBIZCOIN REVIEWS LEGIT OR SCAM;

Having understand how this platform works, the big question that should be running through your mind now is ” Is HUBIZCOIN legit as the claim or it is yet another scam? just read on to decide that for yourself with our analysis.

WHO IS THE CEO OF HUBIZCOIN?

The CEO of HUBIZCOIN does not disclose his identities and therefore, no one knows who he really is. this serves as a RED FLAG because a legit CEO would not hide his identities from his members.

WHEN WAS HUBIZCOIN LAUNCHED:

HUBIZCOIN was launched in October and as at the time of writing this reviews,the platform is just few weeks old. so the platform is still very new and it’ll be difficult to pass a verdict on its legitimacy.

HUBIZ COINS DOMAIN DURATION

The HUBIZCOIN domain was registered in early October and is set to be expired in October 2021. their domain duration is 1yr and this could serve as a Green flag.

HUBIZ COIN UPCOMING INVESTMENT PLANS;

Hubiz coin promised to unveil two (2) more Investment plans by January 2021 which is about 2months from now. It is unsure if the platform will survive till 2021 to fulfill their promise though.

HUBISCOIN WITHDRAWAL METHODS;

The two available withdrawal methods (Internal Transfer and Selling back to the platform) as explained above seems to be somehow scary. This is because the internal transfer requires the continuos inflow of new investors to the platform but what if there’s no new investors coming in? the HBZ will become surplus and there’ll be no one to sell your HBZ to.

Selling back to the platform is also scary because no one has been confirmed to sell his/her HBZ to the platform and it is unsure if the platform are even buying their HBZ and paying investors in cash.

CONCLUSION:

In conclusion, we advise our readers to invest what they can afford to lose in case anything unfortunate happens. if you can afford to lose anything, it’s better not to Invest at all. Though their is no harm in taking risk.

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