Cashivo.online is a website that claims to be a reward platform designed to give real value to users for their time. According to the information on the webpage, the reward scheme is slated to end on the 30th of June, having commenced on the 20th of May. All new users who create an account within this period will be given 38,000 naira welcome bonus and an option to earn more by referring others. However, upon closer investigation, I found out that cashivo is just a waste of time.
In this article, our main focus would be to buttress this fact enough for users to steer clear of the website as there are numerous red flags besides the fact that it’s just another spammy webpage. If you had plans to join or probably landed on this page because you wanted to inquire about the platform before joining, then it’s okay to count yourself as one of the lucky birds.
About Cashivo
Cashivo is an online earning platform that rewards users with 38,000 naira upon account creation and also, gives users the chance to more than double their income by referring others on a daily basis. The site was designed in such a way that users could only place withdrawal once they hit 60,000 naira and above.
Apart from the referral program, I also checked out the various tabs on the webpage and got to know about their investment plans and reward structure for users who are interested in depositing their own monies for extra reward. They claim to be paying users up to 25% Return-On-Investment on a daily basis with a minimum investment amount of 2,000 naira.
So basically, the main earning methods are;
- Referring to earn 2,800 naira for each intending user who creates an account using your own referral link. You can easily see and copy your referral link on the dashboard after account creation. Share it to friends and earn the aforementioned amount, then the referrals also earn a registration bonus of 38k.
- Deposit and Investment Plans – at first, I thought the only earning method was the referral program, not until I navigated to the menu bar and saw the various “investment plans” and their reward structure for users who may decide to increase their earnings. You deposit money and buy one of the plans, then earn daily 25% for as long as possible. That way, you won’t be reliant on just the referral program but also, earn money by funding your wallet aka risking your own money.
Has Anyone Been Paid By Cashivo?
The answer is no. If you check their official telegram channel, you will see numerous screenshots of payment, high amounts they claim to have paid users but in reality, all those screenshots are fabricated by the administrators to convince users the platform is legitimate.
You may also see some of these fake screenshots on social media with captions insinuating that the platform is paying massively and whatnot. Disregard all of them as they are coming directly from the administrators. No real user has come out to say he or she has been paid by the platform and the chances of paying is quite slim.
Why do I believe the screenshots are fake? They look believable but then, the site in question, cashivo.online was launched on the 20th of May, how come on the 21st, people are already getting paid such high amounts? I mean, I even saw screenshots of 250,000 naira — how is that possible for a day old platform at the time?
Verdict — A Potential Waste of Time!
Cashivo is a waste of time. Under normal circumstances, I would say it’s not legit or it’s scam and all that but it’s already clear even to a blind person that, the platform being reviewed is not real.
There is no atom of legitimacy, neither is there any indication that any user will be paid by the end of all these shenanigans. Firstly, the website is spammy and poorly designed using a cheap domain name extension and then, their so called reward structure is too unbelievable to be true.
No free earning platform can reward users with 38,000 naira for free and ask them to earn up to 60,000 naira before placing withdrawal. Additionally, the referral bonus of 2,800 is too good to be true. There is no verification system in place to check those that may want to outsmart the system and yet people are being paid out such amount for each referral?
Real, earning platforms that pay out referral incentives that are not even half of what Cashivo claims to be paying usually have a form of verification — either ID or email/phone number verification to check the excesses of referrers who may want to game the system and make alot of undue money from the referral program.
Any website that promises heaven and earth referral incentive but have nothing in place to curtail sharp practices is usually a waste of time.
Another red flag worth noting is, the false claims of payment. Spam/scam sites often go extra mile to prove what they are not. Cashivo hasn’t paid anyone a dime yet, they are claiming to have commenced payments to users. It’s a very common practice by spam sites that have no intention of paying anyone to claim to have paid a lot of people unbelievable amounts. They do this to convince gullible users to have faith in the system and keep completing whatever task assigned to them in order to keep earning more ad revenue.
Finally, one of the most discouraging factors is the investment option. I mean for a platform that claims to be a reward platform in place for a short while to reward users with real value. Why would they also have an option for users to deposit money and invest in order to earn more? It clearly sells them out for what they truly are; a scam, spammy waste of time!
The investment option is there to even make more gullible users lose money even after wasting their time referring others to something that won’t pay them a dime. Imagine losing money and time at the same time? That’s something I wouldn’t want anyone of my readers to experience.
As someone reading reviews on this blog, I want the best for you at all times. Channel that energy into something potentially more rewarding and promising or check out some of our previous reviews of earning platforms that truly pay. Sites like cashivo.online will keep getting launched using different domain names to waste user’s time in order to generate advert revenue.
It’s been happening for ages and would continue to do so and the sad part is, people will keep falling prey but we will be here to enlighten as many as we can.
Conclusion
Cashivo is not a legit earning site. It’s a waste of time that could also end up scamming anyone who may want to deposit money and buy one of their so called investment plans. It’s best to steer clear of the site entirely. Don’t be swayed by the proofs you see online — like I earlier said, all are from their official telegram channel and not real users.
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