Roomlist.store otherwise known as Reegbyte is a crypto mining platform that allows users earn money when they sign up and also if they decide to deposit or save on the platform. Crypto mining is not really a new term in today’s world with the vast number of people already aware of the possibility of making money from cryptocurrency.
Reegbyte claims to be giving users free $30 bonus which is automatically used in mining for extra profit or revenue that the user can withdraw directly to his or her crypto wallet or exchange immediately it gets to $1. While it appears to be a very enticing online money making platform, there’s actually a lot more to know or discuss. So in this article, we will be reviewing Reegbyte, how it ACTUALLY works and the necessary areas you’re supposed to exercise caution.
About Reegbyte
Reegbyte is the name of the platform but the registration link is usually, roomlist.store but in all, it’s a platform that rewards all new users with $30 bonus which is put into work automatically by the system to generate withdrawable profit.
As a user, the moment you create an account, you will be given the bonus and instantly start earning some additional revenue or profit from the invested bonus till you are able to hit the minimum withdrawal threshold.
Breakdown of Earnings
There are three main ways of earning on Reegbyte and they are as follows;
1. Registration Bonus – like I mentioned earlier, all new users are entitled to the $30 investment bonus which yields additional withdrawable profit. But if you should stick to just the registration bonus, it might take years before you reach the minimum threshold. The system is designed in such a way that the so called profit from the initial bonus is not just infinitesimal but nearly useless.
2. Referring – when you refer others, you get $12 bonus added to the investment balance and as such, your overall mining profit will be increased a bit. I have proven that, there’s a much higher chance of reaching the threshold if you have a large audience or if you’re able to refer a lot of people to the platform. I guess that explains why social media users have literally gone berserk in promoting this particular website.
3. Investment – this is actually where it gets interesting and sensitive. Reegbyte is actually an investment platform because, only real deposits get to enjoy higher mining rate. According to the information on the page, the moment you add money to your wallet on the site, you start getting 7.4% of the amount deposited daily.
This is the main way of earning on the platform and as such, if you are looking for some free money on the Internet, then roomlist.store may not be the perfect earning site for you.
How to Get Started
The first step to getting started is creating an account and you can do this via the roomlist.store url.
As expected from every investment site, there’s no form of verification. You gain access to the main dashboard immediately you submit the sign up form with your details. Then you can start earning some money from the default registration bonus investment with an option to up your revenue by either referring alot of users or depositing money.
If you are interested in the referral system, simply scroll down a bit on your dashboard to see your referral link, copy and share to friends to boost your mining rate slightly. The more referrals, the higher your overall mining rate.
But if you want to deposit money, then you would have to tap on the dots at the top left corner to access the options. Click on Top Up and select your preferred deposit option.
You can opt for Stablecoin deposits or cryptocurrency depending on which you’re familiar or most comfortable with.
Once you are done sending the money, you start enjoying a boosted mining rate overall that will make it more feasible for you to withdraw.
Is roomlist.store(Reegbyte) Legit?
Reegbyte is not legit. So called investment sites like this are actually ponzi, pyramid schemes that are out to scam users in the long run. Deposit is optional on Reegbyte but judging from the fact that users who stick to the default registration bonus investment may never be able to withdraw even in years, the investment part of the website makes it the only useful part.
Therefore, it’s clearly a ponzi scheme out to defraud people in the long run. This is not the first time I’m participating in a site like Reegbyte, there’s another platform with very similar interface and operation known as Uoobot, it paid for a while and crashed.
It’s certain same is going to be the case on roomlist.store, so if you have plans to participate with your own money, then make sure you are doing so with money that isn’t dear to you.
Peradventure you don’t have money to risk on Reegbyte, you can just stick to referring others. They have other packages for referrals who deposit money. Users can earn 7%, from direct referrals as long as the referral makes a deposit. So it’s clearly a ponzi scheme but if you can explain what it is clearly to someone and maybe, the person still indicates interest, it could be a great way to earn money faster from the site.
Apart from that, registering and relying on the free investment bonus with hopes of ever reaching the minimum threshold could actually just be a pipe dream.
Pros 
Here is a summary of the few things that may be considered positive about Reegbyte;
- Low minimum withdrawal and deposit ($1 and above)
- High incentive on both free and paid referrals.
- Fast loading webpage
Cons
- Unrealistically Poor payout structure for users who have not yet deposited.
- Slow mining rate
- No way to contact support
- Designed to last for a short period of time being a ponzi scheme.
Conclusion
Roomlist.store aka Reegbyte is not legit by virtue of being an investment based website. If you intend participating in the free version, it will take years before you reach the minimum withdrawal threshold i.e. The platform will still be paying by then.
It’s best to steer clear of the website for your own good unless you can refer a lot of users which in turn builds your overall mining rate and makes it possible for you to reach withdrawal amount. Additionally, even if you reach the $1 threshold, it wouldn’t make much sense. Imagine wasting months to earn just a dollar?
We’ve come to the end of the review. If you enjoyed the article, do well to join our telegram channel for more interesting reviews and updates.
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