Ap-nigeria.com is a money making websites that claims to be paying users who recharge their accounts and purchase one of the products. It’s an investment based platform that rewards users with up to 30% on a daily basis when they deposit money and buy one of their products. However, as in other investment platforms, ap-nigeria otherwise known as Audemars Piguet is not a legit source of income.
In this article, we will be having a look at all there is to know about the platform, how it works i.e. a brief analysis of the investment plans or products, ways to earn, the pros and cons and finally, my take on its legitimacy. So without wasting more time, let’s dive right into the topic of the day.
About Audemars Piguet
Audemars Piguet aka Ap-nigeria.com is an investment based platform that claims to be paying users money when they deposit and purchase one of the products available on the site. The higher the plan purchased, the higher your potential interest or ROI.
As a user, once you create an account you will be given a registration bonus and expected to purchase one of their products for a chance to double or triple your initial recharge amount. After buying the product, depending on the VIP level, you start earning anywhere between 23% to 30% on a daily basis.
Earning on the platform is wholly dependent on the product purchased. If you don’t buy one of their plans, you won’t be able to earn or withdraw a dime from the platform. Nothing on ap-nigeria is new to me personally as it’s typical of every investment based earning site to make deposit compulsory.
Breakdown of Earnings
There are only two ways of earning money on the platform and they are as follows;
1. Product – when you purchase one of the products, you earn extra percentage based on the amount invested and the bonus is settled on a daily basis. So you are to return to the site every 24 hours to claim your interest for the day which could be withdrawn once you hit the minimum threshold.
The starting price for products is 3,000 naira and when you purchase it, you will be migrated to VIP 1 automatically. While the highest amount users can possibly spend on purchasing the products is 500,000 naira.
2. Referring – if you refer others, you can unlock extra rewards. According to the information on the platform, you can earn up to 30% cumulatively from your referrals in commissions. Upon closer analysis, I noticed that, the referral commissions are spread across to the third level referrals.
When you refer someone directly you earn 27% of the user’s purchases. If you referral invites others, you earn 2% and 1% from your third level referrals. So referring is one easy and highly rewarding way to earn on ap-nigeria.com
Getting Started
Should you get started? This is a question you will have to answer later by yourself after reading this article. But should you decide to proceed, simply hop into the webpage – www.ap-nigeria.com, create an account and then proceed to recharge.
After creating an account, you will be 1,500 naira registration bonus but it can’t be withdrawn until you purchase one of the products. When you buy the minimum plan, you can withdraw the 1,500 bonus.
To recharge, click on profile and tap on Recharge as shown in the screenshot below. Select the amount starting from 3,000 naira and complete the deposit process.
Click on Products, then buy the plan you want depending on the amount deposited. After which, you can withdraw the initial registration bonus.
Withdrawal Process
The minimum withdrawal is 1,500 naira and can be withdrawn as soon as you recharge for the first time. To withdraw, click on Account, then on Withdraw, enter the amount and link your account details then submit.
Payment often gets processed after some minutes. After placing your request, you may have to wait within an hour, the payment will be credited to your bank account i.e. the platform hasn’t crashed before then.
Verdict
Ap-nigeria otherwise known as Audemars Piguet is not a legit earning platform. Investment sites are conventionally known as Ponzi schemes and they all end up crashing at the end — no matter how juicy they claim to be at the initial stages. So for that reason, if you can’t afford to lose the money you are about to deposit, then it’s best to stay away entirely.
Ponzi schemes are fraudulent sites created with the intention to scam people in the long run. They offer juicy referral bonuses to encourage people to refer their friends in the bid to defraud everyone. In most cases, what happens is cash rotation, take from Peter to pay Paul and when the pressure gets too much, they close the site and create a new one.
Reason why most people are advised to only join a ponzi scheme or site when it’s still very young, most of them crash in barely two weeks.
Pros
- Registration Bonus – the registration bonus if withdrawn instantly lowers your overall risk in case you want to proceed.
- Low minimum withdrawal
- High referral commissions
- Newly launched – it is said that when an investment site is still new, it pays well.
Cons
- High withdrawal charges pegged at 15%
- Ponzi scam bound to crash in the long run.
- Unrealistic Payout structure – judging from the payout structure, it’s crystal clear the site will not even last long. It can crash at any time, so there’s need to participate only with money you can easily let go of.
Conclusion
Ap-nigeria is a ponzi website created with the intention to scam people in the long run. It is important for you to bear this in mind incase someone comes advertising how he or she has withdrawn countless times, don’t be swayed by their proofs or claims.
Ponzi schemes thrive on word-of-mouth, most of the people you see promoting and talking about the platform are doing so due to the referral program while some.atr paid individuals out to lure in more potential victims.
Finally, bear in mind that all investment based sites will certainly crash. It’s not a question of IF, it’s WHEN?
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