Sui Bison Review: Legit Or Scam? (The Untold TRUTH)

Sui Bison claims to be a smart contract that rewards users with as much as 300% of whatever amount staked at the end of the staking period/cycle (which is usually 100 days). This means, you earn 3X whatever amount staked and the minimum amount that can be used to participate is 1 SUI token (worth $4) including the charges. Influencers on social media claims sui Bison is legit but I beg to differ for various reasons.

In this article, we will be having a brief look at some of the ways of earning money on sui Bison i.e. what the site offers and also, the reasons why I think it may not be as good as they claim it is. The Untold Truths will be revealed in this article — social media can be convincing sometimes especially when it comes to money related platforms like this because, alot of people tend to hide the truth for selfish reasons.

But this piece is coming from an unbiased mind and independent analysis. Without wasting time, let’s dive right into the topic of the day.

What is Sui Bison, and How Does It Work?

Sui Bison as previously mentioned claims to be a smart contract that rewards users with extra rewards when they deposit and stake their money for an extended period of time. After staking, you earn some rewards and stand a chance of earning from their many other “earning methods“.

However, the amount staked including the “300%” turnover promised can be accessed at the end of the staking period — which unfortunately happens to be after 100 days.

Earning Methods

There are actually a lot to be discussed when it comes to Sui Bison earning methods because they claim to be paying a lot of money to users via various means but as I said earlier, I will only highlight a few of them;

1.  Staking – this is the general way of earning money way on sui Bison, you earn 4% on a daily basis when you stake at least 1 SUI including the charges and wait for 100 days.

2. Fast Start Bonus – if you are able to refer at least two persons after creating an account within the first 24 hours, you will be rewarded with 3 SUI tokens. But this is only limited or available for people who are able to refer others as soon as they’ve completed their own deposit process. It’s like a reward system in place for those who start referring friends and family as soon as they are done.

3. Referral Program – the referral incentive extends to 5th generation, with users who refer others earning as much as 10% from their first level downlines and 5% from second level referrals up to 1% from the 5th level. One of the few platforms that pays referral incentive up to 5th level.

3. Global Share Pool – for every person you refer, you secure a slot or position in the overall global share pool. This share pool is distributed to active referrers on a weekly basis and that explains the reason why you have probably been seeing people on social media claiming to have received salaries from sui Bison.

4. Rank Rewards – this is meant for people with very large and active teams. If your referrals are actively staking, when they hit a certain mark, you automatically become entitled to a fixed payout weekly.

5. Sui Bison Token (SBT) – they claim to be developing their own native crypto token and every user automatically earns this token as it’s generated via 10% of deposits and withdrawals made by the user. There is however, no clear information regarding the enlistment of the so called crypto token on exchanges.

Verdict – What Sui Bison Is & What It’s Not!

Sui Bison is a platform that claims to be paying users up to 300% ROI on any amount they stake for a period of 100 days. On this note therefore, it’s important to establish that, it’s not a free-to-earn platform.

There is no way to earn unless you register, deposit and stake your own money to start recording your own earnings even though, there is no guarantee of withdrawing it at the end.

It’s not a smart contract as they claim, sui Bison is simply a Crypto Ponzi scheme that is actually robbing Peter to pay Paul and not in any way, a smart contract and they are not going to list any Token. They are all shambolic moves to make users have faith in the system.

A ponzi scheme is any website or scheme that promises to double money or pay a certain amount of money to users when they invest the one they have. It’s a conventional term in the financial scams world. How to identify ponzi schemes is, the fact that force users to deposit their own money first in order to start earning outrageous amounts.

In the arrangement, they are entirely at an advantage because, the website can just stop opening any time and no one would be held accountable. Sui Bison is no different from conventional ponzi schemes, the only difference is, it’s done on telegram and also, uses crypto for its own scam; which is even more dangerous and potentially damning financially for people who may want to participate without caution.

Secondly, it’s not rewarding everyone equally. Having analyzed the earning methods, I believe it’s already clear to you that, sui Bison is basically a refer to earn kind of platform. There are numerous reward packages available for people who refer others and very little for the referred users.

Why is that, you may ask? The answer is simple and straightforward. The moment you deposits and stake, you won’t be able to withdraw or cancel your stake anymore till the expiration of the 100 days — which is very clear that, the platform would have crashed before then.

In other legit platforms, the stake should be flexible at least for people who may have other urgent things to do with the money but here, the case is completely different. They are simply robbing Peter to pay Paul, in this context, the Peters are the new users who may fall prey to the antics of the users who are desperately in search of referral bonuses.

The referral rewards can be withdrawn but the staked amount cannot be tampered with and also, the bonuses can’t be withdrawn till the end of the cycle. The sad part is, there is almost no chance that, the site will be available till then.

So disregard any claims that you are wasting time by not joining sui Bison, the promoters and influencers are doing so for their own pocket and also, to qualify for the various incentives in place for top referrers.

The evidence they post everywhere on social media are just tricks to confuse users into believing that sui Bison is the happening thing in town now, whereas everything is for their pockets. It’s more like an accessory to crime in saner climes but, well, the best we can do is steer clear of potential scams.

Is sui Bison Legit Or Scam?

Sui Bison is a scam. I know I’m one of the few persons calling it what it is outrightly. I believe enough points have been given to lay credence to this fact.

A platform designed in such a way that, the newly introduced users won’t be able to withdraw, whereas their referrers are free to withdraw and constantly being entitled to bonuses is a scam. It’s a common scam tactic deployed by users to keep gaining more users and making money for themselves because, they know that as long as the referrers keep getting fed fat, they won’t stop promoting.

Therefore, they will have more new users to feast on in the long run. So disregard for your own good, all the payment proofs and convincing writeups you see on social media, most of them are sponsored and the few not sponsored, are also indirectly enhanced by the referral rewards and rank bonuses.

Another reason you should be wary is, there is no website or known owner to hold accountable should things go south. Sui Bison is just a telegram mini-app, that can easily stop working any day with no one held accountable. It’s never a wise decision to invest or put your own money into any telegram mini-app cause most of them are scam.

Thirdly, the compulsory 100 days stake is a major red flag that, most referrers don’t mention while on their hunt for innocent victims — I believe I’ve done justice to that by informing you, so it’s now left for you to decide if it’s wise to deposit your own money and leave it for 100 days in a site that doesn’t have a declared owner or even website.

Pros

Are there positive aspects or areas about sui Bison that are worth mentioning in positive light? The answer is no. For me, apart from the referral system that I regard as exploiting one person for other.

Cons

On the other hand, below is a summary of the cons or better put, reasons to steer clear whether you have the money or not;

• Long staking period (compulsory 100-day stake)
• Stringent withdrawal policy for non-referrers that doesn’t apply to referrers.
• A ponzi scheme with no known owner
• Designed in a hit-and-run manner.

Conclusion

Sui Bison is not a legit earning platform. There are various reasons to not participate unless you are ready to give your money to unscrupulous elements in the name of searching for a passive source of income.

It is pertinent for you to go through all the aforementioned points to decide if it’s a good fit for you or not. Thanks.