Elixirnet Review: Legit Or Scam? Don’t Fall For The Hype

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Elixirnet review

Elixirnet.ng is an online earning website that claims users can earn a lot of money when they complete tasks, surveys, and even make social media publications. There is a lot of hype surrounding the platform as a matter of fact, that’s one of the reasons why I decided to start digging deep into information on how it works and whether people can actually earn so much without doing much activities as they claim.

Key Takeaways

  • Elixirnet is actually a task earning site and not a survey site, because the only task available on the site is the NFT claim.
  • Ways to earn money are seriously limited as users are left to earn via the NFT claim, tiktok pay and referrals, thr advertisements differ greatly from what they actually offer.
  • Elixirnet is a referral based website and as such, if you can’t refer, there is no need to participate because you’d just end up risking your money for nothing.
  • Minimum payment is 39,000 naira and daily earning from task doesn’t exceed 1,200, so it will take a very long time for a non-affiliate user to reach payout threshold.

Elixirnet has been around for sometime now and there’s been a ton of publications, adverts and marketing about it on socal media especially, Tiktok and YouTube with most creators talking about how they’ve made millions on the platform without stress.

While it appears to be so juicy from what people say, the truth is, elixirnet beyond the hype, is not a legit platform. So, in this article, we will be having a deeper look at how it works, steps to get started and most importantly, find out if what they promise is actually what users get to enjoy after sign up.

What is Elixirnet.ng All About?

As previously stated, elixirnet is an online task earning website where users complete surveys, tasks and many other activities online to earn money. According to the information some people parade on social media, you also get equipped with social media monetization skills.

If you have been following details about the platform, you will agree with me when I say, the hype is literally out of this world. The earning potential on paper is just so enticing but are they true? We will find out in this piece.

When it comes to how it works, the process is quite straightforward. Users can earn from completing surveys, clicking on ads and also exchanging NFT on a daily basis but from what I have seen, there are only three main ways of earning on elixirnet and they are as follows;

Breakdown of Earnings on Elixirnet

NFT claim on elixirnet

Option 1 – NFT Claim

This is actually the first means of earning on the platform and it involves claiming an NFT. You just tap on a button to exchange the NFT available on your account for naira and then the amount will be credited to your overall shares and arts balance. It’s one of the ways of earning on elixirnet and surprisingly so, it’s the easiest and most convenient way of earning for average users.

To access the NFT claim feature, simply click on Menu and then on NFT Claim, you will be shown an option to exchange the NFT to naira, do that and the amount will be instantly added to your shares & arts balance.

Elixirnet Tiktok task

Option 2 – Tiktok Video Content

As a content creator on the platform, you can make a video about elixirnet as others are doing and post it on your account. When a lot of people view the video, you can submit the link of the video and username of your account to them in order to get rewarded. According to the information on their page, you get rewarded once the video uploaded gets to 4,000 views and above.

Once the uploaded video gets up to 4k views and above, you can submit details of the video to the team and expect reward for it. This is the second realistic way of earning on the platform and can be utilized by everyone. To access the Tiktok feature, when logged into your account, tap on Tiktok and then a form will be shown to you.

Fill the form with username of your Tiktok account, link to the video and submit. Verification will be conducted by the team and you will be rewarded for the effort.

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Option 3 – Referring

This happens to be at the center of everything when it comes to earning money on the platform. Reason is, elixirnet is designed in such a way that the users who will benefit the most are referrers and alot of influencers and people you see putting in much effort into promoting the platform are doing so because of the high remuneration.

To cut the long story short, you earn 5100 naira when someone signs up with your referral code or link. Once the person activates his or her account, you get rewarded with this amount and it can be withdrawn once it gets to 10,000 naira.

Your referral link is at the homepage once you’re logged in, copy and share to interested individuals for a chance to earn that amount when and if they activate their own accounts.

Getting Started

How to create an account on elixirnet

To get started, you need to create an account via a referral link or simply hop into their main homepage and create an account. While creating an account, you will be prompted to purchase a coupon code to finalize account activation.

Simply select one of the coupon vendors from the list and you will be taken to the person’s WhatsApp profile, request for the code, send the activation fee, 6,000 naira to the person’s account and he or she will send you the code.

Copy and use it to complete account registration. When you are done, you will be logged into the main dashboard with an extra welcome bonus of 5,000 naira, usually shown as $5. The bonus will be in your shares and arts balance and as such, can’t be withdrawn.

In order to get your account fully set up, the next step would be to set account details. To do this, click on profile and scroll down towards the end, you will see the provided columns for account details, fill in appropriately and save.

After this step, click on Menu and then on NFT claim to complete the first task for the day. If you stick to claiming the NFT on a daily basis, you will be earning 1,200 naira per day from doing so and since that’s literally the only way to earn, I would suggest you don’t miss a day.

Withdrawal Steps

How to withdraw on elixirnet

The minimum withdrawal on elixirnet differs depending on the balance.

  • For the shares and arts balance, the minimum amount you can withdraw is 39,000 naira and this can only be done on the 2nd day of every month.
  • The Sales commission has a threshold of 10,000 naira and for users in Nigeria, withdrawals can be made on the Tuesdays and Fridays of every week.
  • For Tiktok balance, the minimum threshold is 27,000 naira and can be withdrawn on the 5th of every month.

To withdraw, simply click on Menu and then on Payment, select the balance you wish to withdraw from and submit.

Why You Should Stay Away From Elixirnet

There are various reasons why you should stay away from elixirnet.ng but first things first, let’s talk about the issue of legitimacy.

From the look of things, elixirnet is not legit. It can only be legit to you if you start promoting the platform massively in the bid to earn referral bonuses at the expense of the people you refer. The arrangement is just like, robbing Peter to pay Paul, taking from the downline to pay the referrer.

Why do I say so? The activation fee is 6,000 naira but the referral bonus for each person introduced to the system is 5100 naira, which means literally all the amount used to purchase coupon code goes to the person that referred you, how does that sound? It’s giving a red flag that shouldn’t be ignored.

I’ve participated in websites like this, the downlines who are not able to refer anyone lose out at the end. That’s why you see people referring and speaking good of Elixirnet on the Internet, they are doing that because it’s literally the only way to earn. That said, there are various red flags and reasons why you should steer clear of the website and they are as follows;

1. Coupon Code Registration System – the coupon code registration system is a red flag on its own. Why do I say so? Most ponzi scams and websites that don’t mean well for users have this coupon code registration pattern and it’s also outdated. It not only makes the registration process difficult and slower but also puts one at risk of being scammed.

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It’s more annoying on elixirnet because most of the coupon vendors don’t agree to just send the code. They often ask for details of the user to create the account themselves thus exposing ones details to scam and manipulation. Personally, when I tried signing up, I faced difficulties not just because of the stress that comes with messaging someone on Whatsapp just to register but the vendor kept insisting to create the account for me even after I told him that I had a referrer.

The level  of unprofessionalism the coupon vendors display is very disturbing, so should you even decide to refer people, if care is not taken, the vendors will steal the referrals from you.

Withdrawal steps on elixirnet.ng

2. High Minimum Withdrawal – before signing up, one of the things that attracted me was the fact that new users are rewarded with up to 5,000 cash back from the money they used in depositing but this attraction readily disappeared when I noticed that, the withdrawal threshold is very high. There are three balances, Tiktok balance, Arts and Shares and finally, Sales balance.

Money generated from competing tasks on elixirnet are credited to the arts and shares balance as well as the registration cash back but the minimum withdrawal is 39,000 naira ($39). Which means you can’t withdraw the cash back and even if you start completing tasks, it will take a very long time before you reach the threshold. On the other hand, sales balance has a $10 Threshold.

High minimum withdrawal is a common sign that indicates a platform is scam or fraudulent. Considering the earning capacity of users on elixirnet, setting 39,000 as the minimum withdrawal amount certainly means that, the platform is dubious. The registration bonus is completely irrelevant in this case and shouldn’t be the reason why you may contemplate joining.

3. Fixed payment date – payment issue doesn’t just end at the high minimum threshold but the fact that, payments can only be requested on the 2nd of every month. Fixed payment date is never a good sign and any site with high threshold and fixed payment date should not be taken seriously because they are usually scam sites.

The fixed date gives the team enough chance to crash the site while the high payout threshold makes it more difficult for users to even reach withdrawal amount. More reasons why you should stay away from elixirnet.ng.

4. Referral Based – if you observe closely you will notice that the system is designed in such a way that the only set of users who can enjoy it are referrers. So if you can’t refer at all, there is no reason to fall for the hype because those hyping it and spewing all kinds of lies are doing so to secure more bonuses.

5. Poor earnings – if you have seen video clips or adverts about Elixirnet, you’d agree with me when I say they are usually very enticing, so many promises, so many earning methods but in actuality, none of those things are true. The means of earning are very limited unlike what we’re made to believe in their numerous marketing posts and adverts. Platforms that promise what they don’t offer are dubious and shouldn’t be taken seriously.

6. Annoying pop ads that divert one’s attention from the main content. There are intrusive ads that constantly diverts users from the main content on the website to other spammy sites. Even though, I’m not against generating money from users to pay them, the rate at which the ads open many tabs and divert users from elixirnet is very annoying and should serve as a red flag for anyone who may want to join.

Conclusion

Elixirnet is not legit. Its more like robbing the downlines to pay the referrers. If you are a normal user who’s just looking for a platform to earn some money from, then it’s certainly not the best for you because it’s suited for referrers and not normal users. The earning methods are limited, the layout threshold is very high and the website is not even user-friendly. So many reasons not to risk your money.

About Author

  • Eric Chidi, AKA ErickssonDGreat, is a seasoned writer who specializes in delivering unbiased reviews to readers. Eric’s content is informative, honest and free of any form of prejudice, join me as we navigate through the pros and cons of various online money making schemes to enable you make the right decision at all times.Ericksson Loves You! ❤️

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