If you are an active social media user or have ever searched for online money making schemes on the Internet, then there is no denying the fact that, you must have stumbled upon a platform known as valupot.site! A website that claims to be paying users free money on a daily basis when they check-in and refer others. The site has gained some level of attention in the past few days but upon closer analysis, I found out it’s just a spam/fake earning platform out to ultimately waste users time.
In this article, we will be having a look at all there is to know about valupot.site, which includes, the earning methods, how it works in totality and reason why I feel it’s just another waste of time or distraction. Therefore, if you had plans to join the site to earn some of the “free money” being talked about on social media, this article will be highly beneficial to you as we break down the facts — in the bid to separate wishful thinking from reality. Now that I have your attention, let’s get started!
About Valupot
Valupot in their own words, is a free earning platform, where you earn money by daily login, referring friends and viewing adverts. Upon hearing or reading their about text, one could easily be misled into thinking it’s possible to make real money on the platform. I mean, everything is simplified on the webpage, you create an account, get 2,000 Naira welcome bonus and then see the option to claim a check-in reward of 500 naira instantly with other options to earn more.
Valupot.site seems like a real big deal if you don’t have much Internet knowledge or lack indepth knowledge of what these spam/fake earning sites are capable of doing. But that’s the purpose of this blog post, to educate you, enlighten the uninformed and tell the truth based on what is obtainable on the field.
Earning Methods
There are two ways to earn on Valupot judging from what I saw after sign up and they are as follows;
1. Daily Check-in
The daily check-in comes in three forms. You check-in on the website to earn the first 500 naira, then on their application to earn the second 500 naira and then finally, on the Facebook application to earn the third. While I understood and was able to claim the first two rewards totalling 1,000 Naira, I wasn’t able to claim the check-in reward that involved Facebook.
Reason being that, they didn’t provide any detailed guide on how to go about it and quite honestly, my Facebook account is important to me and as such, I wouldn’t want to risk losing it to fraudsters or spammers masquerading as online earning administrators. Regardless, the daily check-in is pretty much the only way to earn on the platform at the moment.
They have a recharge option hinting at the possibility of introducing investment packages” which is quite typical of sites like this but when I clicked on it, I got a coming soon response; meaning their full plan for Valupot have not really hatched.
2. Referral Program
This is another way they claim users can earn money on the platform. When you refer someone directly, you get credited with 500 naira and also, earn 20% of whatever the person earns for life i.e. for as long as the platform lasts in this case.
It doesn’t end there, the commission actually goes beyond the first level, you also earn from your second and third level referrals though in less significant way. In order to better understand the commission rate on Valupot, here is a breakdown below;
- First level aka direct referrals ~ 20% commission
- Second level referrals ~ 5%
- Third level referrals ~ 2%
So your earnings go beyond just the first bonus you receive when your invitee signs up, you also earn when the referred users participate actively on the site.
How to Withdraw from Valupot
The minimum withdrawal is a whooping 20,000 Naira, meaning you need to have earned up to this amount before you start considering nor thinking about withdrawals.
To withdraw or request for payment, click on Withdraw on your dashboard, enter the amount, bind your bank account details and submit your request. They claim payments will be processed within 24 hours and from the recent announcement on their WhatsApp channel, it’s best to add commercial bank account details and not Fintech accounts (Palmpay, Opay etc)
For some weird, undisclosed reasons, they claim to be having issues processing payments to fintechs. So just bear that in mind as you attempt making withdrawals.
Is valupot.site Legit Or Scam?
Valupot.site is a waste of time. I feel calling it a scam is simply giving it more glory than it deserves. The platform is an outright waste of time; a site created for the sole purpose of generating traffic and not to pay anyone a dime in the end.
Also Read: Daily Raffle App Review: A Scam? — Truth No One Reveals
It’s not the first, neither would it be the last. We’ve seen such sites get launched in recent times and even in the past and they all failed — once people find out that they are not going to pay, they simply rush out in same manner they trooped in.
So what sites like valupot do is they intentionally make withdrawals difficult by either fixing a particular date or fixing a very high withdrawal threshold in the bid to buy more time, generate more ad revenue from users activities and then, when they’ve gotten enough, they either ghost users or close down the website.
In the case of Valupot, the withdrawal threshold sells them out a big scam. How can a platform that claims to be paying for free have such a high withdrawal threshold? It’s simply a ploy to delay users as much as possible from finding out what they truly are.
Viewing ads and referring others to Valupot is just a very unwise step because, you will be helping them generate ad revenue they so desperately sought after without any form of compensation in the end. Why waste time referring others and even viewing their spammy ads when you won’t be paid in the end? It’s pointless and while I understand people who haven’t been informed, there is absolutely no reason for you to continue participating after what we’ve discussed in this piece.
On the question of whether it will pay or not, Incase the answer isn’t already clear, Valupot.site will not pay anyone a dime! The signs are glaring and the body language is very much familiar. Why do I say so? Well here is a list of factors that completely expose them to be a waste of time;
- High withdrawal threshold
- No Direct Way to reach customer support
- No chat forum or group where users can communicate amongst themselves or even the administrators
- Website design is too basic to be making such huge money claims”.
- It’s simply a website made-for-ads. You view ads for them to generate revenue.
Conclusion
Should you stay away from Valupot? The answer is yes. Reason being that, it’s not going to pay anyone a dime and it’s completely a waste of time. However, if you feel the points raised in this article aren’t so convincing, you can go ahead, keep referring people to them and generating more earnings on the site, when it’s time for payment do well to inform us via the comments.
Thanks, share to others for enlightenment.
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