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CarUSDT (Car-usdt.vip) LEGIT OR SCAM

What is Car-usdt.vip

CarUSDT (Car-usdt.vip) is a task-based “click a button” app Ponzi scheme that misappropriates the branding of Mercedes-Benz. The platform primarily recycles newly invested funds to pay earlier investors, instead of generating revenue through legitimate means. A Ponzi scheme pays returns to earlier investors using funds from new investors, not from actual profits—a classic characteristic.

This review exposes that car-usdt.vip isn’t alone; other “click a button” app Ponzis like HappyLook, Movss, and FocuStar have collapsed. Typically, these schemes vanish within weeks to months, causing significant investor losses. Moreover, the review suggests the same group of Chinese scammers orchestrates these schemes, emphasizing the need for caution and skepticism.

Question the legitimacy of schemes like car-usdt.vip, lacking transparency and verifiable ownership, to ensure safety and avoid investment.

Whois Info

Domain Information
Domaincar-usdt.vip
RegistrarALIBABA.COM SINGAPORE E-COMMERCE PRIVATE LIMITED
Registered On2024-04-19
Expires On2025-04-19
Updated On2024-04-19
StatusserverTransferProhibited, addPeriod
Name Serversraina.ns.cloudflare.com, ridge.ns.cloudflare.com
Registrant Contact
Organizationlina
Statetule
CountryHK

How car-usdt.vip Works

The platform aims to create urgency and spur investor commitment through daily rebate updates and rewarding completed orders. Yet, these rewards might derive from new investors’ funds rather than actual platform profits or revenue.

The platform designed the daily rebate update time and the opportunity to earn rewards daily by completing merchant-specified orders to urge investors and foster continuous investment. However, these rewards may stem from new investors’ funds rather than actual platform profits or revenue.

Also Read: MetalGold (metalgold.cfd) LEGIT OR SCAM

The platform’s minimum deposit amount of 17 USDT and the minimum withdrawal amount of 5 USDT are likely designed to make it difficult for investors to withdraw their funds, and the platform’s withdrawal fee of 0 is likely intended to create a sense of security and trust. However, the platform’s lack of transparency and the risk of losing funds due to the platform’s fraudulent activities make it a high-risk investment.

How to make money on car-usdt.vip

To make money on car-usdt.vip, users are promised returns through a 100-day contract where income is received on the day of investment, and the principal is returned when the contract expires. Additionally, users can earn rewards by completing daily orders specified by the merchant, with a daily rebate update time at 00:00 Hawaii time. New users are enticed with 100 USDT for free upon registration, with a minimum deposit amount of 17 USDT and a minimum withdrawal amount of 5 USDT. The platform also offers referral commissions down three levels of recruitment, with percentages varying per level. However, it’s crucial to note that car-usdt.vip operates as a “click a button” Ponzi scheme, recycling funds to pay earlier investors and lacking external revenue sources.

Referral LevelReferral Commission
Level 1 (personally recruited affiliates)11%
Level 23%
Level 32%
Referral Bonus
Car USDT pays a referral bonus on downline investment volume

Who can join Car-usdt.vip

Anyone can join the car-usdt.vip platform, as it is advertised as being open to all users around the world.

Investment Plans

The investment plans on car-usdt.vip are structured as VIP levels, each with a specific investment amount and corresponding daily returns. The VIP levels and their respective investment amounts and returns are as follows:

  1. VIP1 – 17 USDT, 5 USDT daily
  2. VIP2 – 51 USDT, 15 USDT daily
  3. VIP3 – 153 USDT, 45 USDT daily
  4. VIP4 – 306 USDT, 90 USDT daily
  5. VIP5 – 612 USDT, 180 USDT daily
  6. VIP6 – 918 USDT, 278 USDT daily
  7. VIP7 – 1836 USDT, 565 USDT daily
  8. VIP8 – 3672 USDT, 1148 USDT daily
  9. VIP9 – 5508 USDT, 1750 USDT daily
  10. VIP10 – 8262 USDT, 2665 USDT daily
  11. VIP11 – 12,393 USDT, 4273 USDT daily
  12. VIP12 – 25,066 USDT, 10,026 USDT daily

How to Withdraw from car-usdt.vip

The withdrawal method and process for car-usdt.vip is as follows:

  1. The minimum withdrawal amount on car-usdt.vip is 5 USDT.
  2. Users can only withdraw coins once a day, and the withdrawal will arrive within 3 minutes with no withdrawal fee.
  3. The platform uses the TRC20 network for withdrawal.
  4. To withdraw, users need to log in to their car-usdt.vip account and navigate to the withdrawal section.
  5. Users can then enter the amount they wish to withdraw, which must be at least 5 USDT, and the withdrawal will be processed within 3 minutes.

Who is the Founder

Car-usdt.vip lacks transparency in ownership, as no information about its owners or executive team is provided. Furthermore, the domain registration details, handled by Alibaba (Singapore), contain bogus information, casting doubt on the platform’s legitimacy and credibility.

Is car-usdt.vip legit or scam

Particularly the details from the ScamAdviser website, car-usdt.vip is highly likely to be a scam website. The key evidence supporting this conclusion includes:

  1. Lack of Ownership Transparency: The website fails to provide any information about its ownership or executive team, which is a common red flag for fraudulent websites.
  2. Suspicious Domain Registration: The domain for car-usdt.vip was registered with bogus details through a Chinese registrar, Alibaba (Singapore), further raising concerns about the legitimacy of the platform.
  3. Central Bank Warning: The Central Bank of Russia has already issued a warning about the this website pyramid fraud scheme, indicating that the platform has been identified as a scam.
  4. Similarities to Other Collapsed Ponzi Schemes: The search results highlight that car-usdt.vip is a “click a button” Ponzi scheme, similar to other fraudulent platforms like HappyLook, Movss, and FocuStar, which have already collapsed and left investors with significant losses.

Given the overwhelming evidence from the ScamAdviser website and other sources, it can be concluded that this platform is a scam website that should be avoided.

Also Read: MultiCopyTrade (MultiCopyTrade.top) LEGIT OR SCAM

Conclusion

ScamAdviser, my review, and other search findings reveal that the website operates a fraudulent platform, running a “click a button” Ponzi scheme. Transparency issues regarding ownership, suspicious domain registration, and a warning from the Central Bank of Russia confirm the platform’s scam nature.Additionally, the similarities to other collapsed Ponzi schemes further reinforce the notion that car-usdt.vip is not a legitimate investment opportunity.

Therefore, it is strongly advised to avoid this website as it poses a high risk of financial loss. Individuals should exercise caution and refrain from investing any funds into this platform. Investors should remain vigilant and skeptical of platforms promising unrealistically and lacking transparency. Such schemes often aim to deceive unsuspecting investors.

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