Kuul-max.site is a platform that claims to be the biggest refrigerator producing brand/company in Europe and in the same vein, they have some “products” that reward users with up to 20% daily interest for simply depositing their own money on a daily basis. Upon closer examination, I discovered that there initial claim of being a refrigerator producing company is in direct contrast to what they actually do.

In the actual sense, the website was created to provide users with what they like to call, investment opportunity — whereby, users get to earn more money for risking their own money at first. The fact that, you have to risk your own money makes the whole thing shady but it gets even worse given the fact that, the platform doesn’t have a known owner, so there’s no one to hold accountable when things go south.

However, all these are just stories if we don’t break down some of the information about the platform to people. So let’s dive right into getting to understand kuul-max.site better and why it’s okay to regard the site as an outright scam. Without wasting more of your time, let’s get started.

About Kuul-max.site

Kuul-max.site as against what they call themselves, koolmax group” is an investment based website created for the sake of rewarding their so called investors with up to 20% interest daily.

To become an investor on the platform, you have to deposit your own money and buy one of their products. They have digital products ranging between 2,000 naira to 1 million and users who purchase any of these packages, get to earn as much as 20% interest on a daily basis and is allowed to withdraw at any given time or whenever he or she reaches the withdrawal threshold.

Apart from the investment aspect and the fact that you have to risk something to get anything out of kuul-max, there are some additional methods or ways of earning money on the site and we will go over the overall earning methods to provide you with more profound understanding of the platform.

Earning Methods

There are three main ways of earning on the platform. Having discussed the product part, there is no need of talking about it again. So let’s talk about the additional earning methods you should know;

Referral Program

They have a referral program that extends beyond the first level to the second level referrals. That means, if you refer someone and the person activates or purchases a product, you get to receive 24% of the amount spent and also, earn 3% of whatever amount spent by your second level referrals i.e. the referrals introduced to the system by your own direct referrals. So the earning chain extends beyond just your own hard work.

If your referrals also work hard, you enjoy some spillover for their various activities. This alone makes the platform highly enticing for people who have the means to refer others and that explains why you can easily find publications and advertorials about the platform on various social messaging platforms and media outlets.

Alot of people are hunting for referrals to boost their income rate on the platform, however the sad reality is, all these hunting are done at the expense of the new users who may fall prey to the antics and adverts.

Coupon Code

This is another less significant way to earn on kuul-max.site and it simply has to do with redeeming the coupon codes being posted on their telegram channel on a daily basis. The administrators from time to time, drop coupon codes containing some amount of money for users to redeem and when they do, it gets added to their overall withdrawable balance.

If you are interested in the coupon code earnings, then you have to join their telegram channel and keep up with the conversations and posts in order not to miss the codes when they are dropped.

Withdrawal Process

Kuul-max aka KMG withdrawal process is quite simple. Once you are able to reach the withdrawal threshold of 500 naira, you can proceed to withdraw or request for payment directly from the site to your local bank account.

In all my escapades and analysis of ponzi schemes or sites that require the users to deposit money, this low withdrawal threshold comes in as one of the rarest.

Is kuul-max.site Legit Or Scam?

The question has already been answered, kuul-max.site is a scam website created for the sole purpose of defrauding users in the end. The administrators are faceless individuals who are just out to defraud innocent people and not actually to impart on anyone’s finances nor pay free money to users.

Since the question has already been answered, the main focus of this section is to find out why it’s a scam platform to enable you, as the intending participant understand the risks associated with joining or risking your money in the name of investment”. So let’s get started with some of the key points to consider;

Faceless, Stolen Identity AKA impersonation

Kuul-max otherwise known as KMG is a faceless group of scammers parading themselves as the Koolmax group” — a brand that specializes in the production of refrigerators. It’s commonplace for scam platforms like this to intentionally operate using the identity of a well known company or brand. This is done to build the self consistence users have towards them but believe me when I say it’s just a trick and you will be better off not falling for it.

Unrealistic Earning Structure

They claim users get to earn 20% interest on a daily basis and also as much as 24% from their referrals. While all these seem enticing and alluring for a typical user, it doesn’t get rid of the fact that the offers are just too unrealistic.

No credible financial institution can pay out as much as 20% on a monthly basis not to mention, daily and be sustainable. Sites like kuul-max were launched by some dubious elements to make quick cash from users and varnish when they’ve earned as much money as they desire. So for your own good, don’t fall prey to them because of the high promises and earning structure that is very unrealistic.

Cheap Webpage

The website is also cheaply designed and also launched using a spammy domain extension and structure. It’s typical of sites that crash and stop loading all of a sudden. It’s very unreasonable for an enlightened individual to risk his or her hard earned money on a cheap website as this.

Pros

Are there positive aspects or good things worthy to be mentioned? For me, the only good thing about the platform is the withdrawal threshold and the minimum deposit amount including the registration bonus.

• Registration bonus
• Low withdrawal and deposit threshold

Conclusion

kuul-max.site is not legit! It can’t be legit. So for your own good steer clear and if you are caught up in a situation whereby you have no choice than to join, then it’s best to stick to the lowest plan so that, if things should go wrong, you wouldn’t have much to cry over.

Thanks.