Blockmint.site is an investment site that claims to be paying users up to 20% interest on whatever product or plan they purchase on a daily basis. As we all know, “investment sites” are now a thing in today’s world owing to the prevailing economic circumstances and the fact that people are always searching for ways to earn money on the Internet without having to work so hard.
The issue however is that, most sites that require users to spend their own money first, are usually regarded as high-risk earning platforms and for that reason, I have taken it upon myself to always discuss the pros and cons of all newly launched platforms and also to reveal the dangers of participating or joining most of these so called investment sites.
In this article, we will be going over all there is to know about blockmint.site, the earning methods and the also confirming if it’s really a safe earning platform or an investment scam. Without wasting more time, let’s dive right into the topic of the day.
About Blockmint
Blockmint is a website that claims to be paying users up to 20% interest on their deposits on a daily basis. As a user, you are expected to purchase one of the plans on the site to start earning the returns daily.
Participation is wholly dependent on how much money you are willing to spend on one of their products and most people tend to rush sites like Blockmint upon launch because, they usually pay users well at first before they stop paying.
However, it doesn’t mean that the only way to earn money on the platform is by investing but it’s the entry requirement needed to gain full access to the system before you start participating in the referral program and also claiming the daily Sign-in bonus. In order to understand the earning methods better, we will be delving deeper into that in a short while.
Earning Methods
There are two main earning methods on Blockmint and they are;
1. Purchasing An Investment Plan :- this is like the main aim or purpose of the platform. You can only earn up to 20% interest daily when you’ve deposited money and bought one of the plans on the site starting from 3,000 naira to 500,000.
It is only when you spend your own money that you will be able to receive some extra rewards every 24 hours and will be able to claim the money directly to your local bank account. You can only buy a plan after you have recharged your balance using the Recharge feature on the site; the recharge is otherwise known as deposit or fund in some other platforms. You click on it, select an amount and proceed to send the money to the bank account shown to you.
After which, the money will be added to your blockmint account, from there you can now buy one of the investment plans easily.
2. Referrals :- as is common on other investment based as well as other random earning platforms, you can earn more money by utilizing the referral program. According to the information on the webpage, referring can fetch you up to 25% bonus depending on the amount spent by your referral upon sign up.
It doesn’t end there, you also earn 10% commissions on the earnings of your referrals afterwards i.e. to say you earn 25% of the amount spent by your referrals and also 10% commissions based on their daily earnings. Mind-blowing right? As you can see, the referral program is one way to earn reasonably on the site if you are ready to promote and speak good of it regardless of the risks associated with doing so.
3. Daily Sign-in Feature :- there is a daily Sign-in feature where users who participate daily stand a chance of earning 200 naira for free. The daily Sign-in feature can be accessed by clicking on the Check-in showing on the homepage. When you tap on it, 200 naira will be added to your balance. But like I said earlier the entry requirement for all these bonuses and offers is, your initial “investment”.
Therefore, you may not be able to earn the bonus until you deposit and activate an investment plan. Failure to do that may result in the inability to claim the daily check-in bonus as well as making withdrawals of any sort.
Withdrawal Process
If you want to withdraw, the first thing is to earn up to the withdrawal threshold which is 1,000 naira and then have an active investment. Once you have all these, click on Withdraw, select enter amount, add your bank account details and submit.
Your payment request will be honoured within some minutes or hours as the case maybe. According to the rules, you can only withdraw from 10am to 10pm daily and also, there is a 15% service charge on every withdrawal. So don’t expect to get exactly the amount you requested for.
Is blockmint.site Legit?
Blockmint.site is not a Legit earning platform by virtue of it being an investment scheme. No matter how long it may last, the fact that it’s a scheme that requires users to deposit their own money with hopes of getting as much as 20% interest on a daily basis, makes it a scam that should be avoided like a plague.
Why is it so? The reason is simple and straightforward. You stand a higher chance of getting scammed along the line because sites like this only pay the first few users who are very lucky, afterwards the pressure gets too much for them, then they varnish without a trace.
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Blockmint doesn’t have any known owner and there is no identity behind the site, so the likelihood of something going wrong is very high and when it does, there will be no one to ask questions or even attack. Ponzi sites aka investment schemes like this should be avoided by anyone who cares about his or her money.
You should only participate if you understand the risks associated with joining and wouldn’t mind taking the risk with money you can easily let go of.
But if you are the kind of person who just gets easily deceived by posts on social media, then this site is not for you. Steer clear for your own good.
In all, does it mean blockmint is an outright scam that wouldn’t pay anyone a dime? No. That’s not what I’m trying to say here. It can pay some people as a matter of fact, some users will certainly be paid as platforms like this tend to survive and grow via word-of-mouth. When someone gets paid, he spreads the good news for others to join and from there, the influence grows, potential victims also increase.
The argument however is that, you will eventually lose money if care is not taken. So if you are not psychologically and financially ready to take such risk, it’s best to steer clear.
Pros 
Despite the fact that it’s a high-risk earning site, there are certain positive aspects that are worth mentioning and they are as follows;
- 1,000 naira registration bonus — reduces the overall risk of users who may want to deposit.
- Fast payment processing — though this will change in the nearest future.
- High referral payout structure — typical of ponzi schemes but can help users who have the means to refer others earn back their capital rapidly and even make profit before it eventually crashes.
Cons
On the other hand, here is a summary of the cons or disadvantages of joining;
- Ponzi scheme that is bound to crash as time goes on.
- Identity of the owner is hidden, meaning that should things go wrong, there will be no one to hold accountable.
- Designed in a Hit-and-run manner.
Conclusion
Blockmint.site is not legit in any way. So for your own good, only risk what you can easily afford to lose or better still, steer clear of the site entirely. Just bear in mind that it will crash, no matter what anyone tries to tell you.
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