Did you just hear about Africgold recently, and you are doubting its authenticity? Don’t worry, this Africgold review will answer the question – is Africgold legit? is Africgold a scam?
As a beginner or even as an enthusiast in the crypto world, you might be tempted to try a lot of platforms for crypto accumulation and one of those platforms is Africgold.
With Africgold, it is being said that you don’t only accumulate crypto units but can also convert them to cash.
However, is this claim true? is Africgold legit? is Africgold a scam? You will find out in this Africgold review today.
Table of Contents
Is Africgold A Scam?
Yes, Africgold is indeed a scam. I wouldn't recommend investing in it at all.
I recently heard that Africgold was offering high returns on investments, and I was tempted to invest in them.
However, after researching the company and speaking with people who had invested in the platform, I discovered that Africgold is a scam.
The company promises high returns on investments but there's no evidence to back up these claims.
The company has no proof of its legitimacy or financial stability, and the people behind it are completely anonymous. This means that there's no way to verify their trustworthiness or legitimacy.
I also heard stories of people investing their money into Africgold and never seeing a return.
Many of these people have been left out of pocket and faced significant financial hardship as a result. It's clear that Africgold is looking to take advantage of vulnerable people and scam them out of their money.
It's best to stay away from Africgold and any other similar investment schemes. If you're looking to make money, it's best to invest in legitimate, established companies with a track record of success.
Do your research thoroughly before investing and make sure you're comfortable with the risks you're taking.
Overall, Africgold is a big scam and should be avoided at all costs. Don't let yourself be taken advantage of by this unscrupulous company – stay away!
Is Africgold Legit?
No, Africgold is not a legitimate website. It is operated by a group of Nigerian scammers known as “Yahoo Yahoo boys”.
What these scammers don’t tell you is that no such profits ever exist, and they will just be taking your money and running. They use a variety of methods to lure people into investing in their scheme, from fake testimonials to promises of high returns.
Unfortunately, these tactics can be convincing, so it’s important to be wary of any website that claims to offer high returns on investments without any risk.
It's important to do your research before investing in any online scheme. Be sure to read reviews and check out the website carefully. If something sounds too good to be true, it probably is!
Africgold platform comes with mouthwatering offers where you get a high return on investment within a month of registering as you can see above.
However, the question is if they kept to their promises.
Well, Africgold paid its members at the start to attract more members to the platform. But unfortunately, they have stopped paying.
So Africgold is a Big Scam. Don't invest in the platform.
From our research, we discovered that the platform does not have a legit source of funding to pay its members. Also, there is no kind of ads program on their website to make profits.
Africgold's only source of income is the registration fees which are obviously not enough to pay all members.
What Is Africgold?
According to the Africgold about page, this platform serves two purposes which include; mining revenue and converting AFGOLD units to spendable money. The goal of the company is to make crypto acquisition simple for everyone.
They claim to offer to mine for the next generation coins and also promised instant cashout without referrals.
Africgold is a mining platform website that you should stay away from. It claims to offer gold mining services, but it's actually a scam.
They use their platform to lure unsuspecting investors into giving up their hard-earned money without providing any of the promised services.
The website looks professional and sophisticated, so it's easy to be fooled by them. They also use clever marketing tactics to get people to invest in their “mining” operations, such as offering incentives and bonuses. However, these are all lies and should be avoided at all costs.
The website claims to have various gold mining operations in countries across Africa, but they are all fake. The reality is that Africgold is nothing more than a front for stealing money from innocent people.
The people behind Africgold are not to be trusted. They have a history of ripping off people who have trusted them with their money. There have been multiple reports of people being scammed by this website, so it's best to stay away from it.
As you can see from this Africgold review, Africgold is a scam mining platform website that should be avoided at all costs. Don't be fooled by their sophisticated website or marketing tactics; the only thing they're interested in is stealing your hard-earned money!
How Does AfricGold Work?
Africgold is designed like a cryptocurrency mining system where you get paid every minute you mine.
Meanwhile, crypto mining means acquiring crypto coins by solving cryptographic puzzles. This process confirms transactions on the crypto network and increases the trustworthiness of the coins.
On the AfricGold platform, you will find a dashboard that contains all your crypto mining data for record purposes. Also, your mining result will be displayed on your account.
There are three different plans that you can choose from;
- The Skyway Gold Plan – #15,000
- The Pentium Gold Plan – #7,000
- The Musk Gold Plan – #4,500
Each of these subscription plans has its respective prices as shown above. Your chosen plan will determine how much profit you will make.
With the Skyway Gold Plan, you can make up to #110 per hour and #2,640 per day which is roughly #79,000 per month.
Mining with the Pentium Gold Plan gives you #50 per hour, #1,200 per day, and approximately #36,000 per month.
The Musk Gold Plan which is the least expensive earns you #15 per hour, #360 per day, and about #10,800 monthly.
You can withdraw your earnings once it reaches #10,000 or more.
How to spot a cryptocurrency mining scam
Here are a few things to look out for to spot a cryptocurrency mining scam:
- Promises of high returns with little effort. If a website promises that you can make a lot of money from cryptocurrency mining with little effort, it's probably a scam.
- No information about the company. If you can't find any information about the company that owns the website, such as their address or phone number, it's a red flag.
- Unrealistic mining profits. If a website claims that you can make a lot of money from cryptocurrency mining without investing a lot of money, it's probably a scam.
- Lack of transparency. If a website is not transparent about how their mining operations work, it's a red flag.
Why Africgold is a scam?
Here, we answered the questions – is Africgold legit? Is Africgold a scam?
Africgold is a scam for a number of reasons:
- It promises high returns with little effort. Africgold claims that you can make up to #110 per hour from cryptocurrency mining with very little effort. This is unrealistic and unsustainable.
- There is no information about the company. Africgold does not provide any information about the company that owns it, such as its address or phone number.
- It makes unrealistic claims about mining profits. Africgold claims that you can make a lot of money from cryptocurrency mining without investing a lot of money. This is not true.
- It is not transparent about how its mining operations work. Africgold does not provide any information about how its mining operations work. This is a red flag.
- Be wary of any website that asks for your personal information, such as your Social Security number or bank account number.
- If you're not sure whether a website is legitimate, do some research online to see if other people have reported it as a scam.
- If you think you've been scammed, report it to the authorities.
Africgold Review – Is Africgold Legit? Is Africgold Scam?
To conclude this Africgold review, I will say Africgold is only a Ponzi scheme launched to scam people off their hard-earned money. A lot of people have testified to this on several forums online, including Nairaland.
Africgold is a scam. It promises high returns with little effort, but it does not deliver. The company behind Africgold is anonymous, and the claims it makes about its mining operations are unrealistic. Avoid Africgold and any other similar cryptocurrency mining scams.
If you want to make money online, why not try other legit means like blogging, freelancing, and affiliate marketing, among others.
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