Oilwell.fun Review: Legit Or Scam? [Truth Revealed]

Do you want to invest in Oilwell.fun? Well, we urge you to kindly go through this review before investing your cash on this investment platform. In this article we shall be providing answers and insight to the most burning questions about Oilwell.fun, the most important being, is Oilwell.fun legit or scam?

Note: Bhustle blog is not under any partnership or sponsorship deal from Oilwell.fun to write this review article. We simply carried out our research and brought you our findings.

Some of the intriguing questions about Oilwell we shall be addressing in this review include; How to make money on Oilwell.fun? When was Oilwell launched? Is Oilwell.fun legit or a scam? How to withdraw from Oilwell.fun? Etc!

With all these insights, we urge you to make use of the table of contents below to enable you to navigate through this article with relative ease. Also feel free to drop your questions or relative contributions in the comments section below. Without further ado, let’s begin!

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What Is Oilwell.fun?

Oilwell is an online investment website that claims its users can earn over 20% of their investment amount on a daily basis. This platform poses to be producers of oil (a rich natural resource), which they present to their users as investment opportunities.

The domain “Oilwell.fun” was registered on the 28th of August 2023. However, it gained quite some level of popularity in the first few days of September. 

The founders/owners of oilwell.fun are all anonymous and some vital information about this investment website are unknown to the world at present (verify on whois domain checker). 

Therefore, from what we know so far, this platform is simply an online investment website that gives out daily returns on investment to their investors. Below is a detailed breakdown of how the entire process works.

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How Does Oilwell.fun Work?

Like most other ponzi schemes, oilwell.fun is tailored mostly at the investment it offers. The steps overall usage process include;

📌 New users create new accounts on oilwell.

📌 These users are given instant access to their dashboards upon successful registrations. Additionally, they are awarded a free ₦250 sign up bonus.

📌 These users proceed to fund/recharge their accounts and purchase any of the available oil investment plans available on oilwell. The least costs ₦1000 while the most costs ₦150,000.

📌 These users proceed to earn money daily directly to their dashboard/accounts. The side of the profits received depends greatly on the type of oilwell investment they purchased.

📌 These users can withdraw their earnings/profits anytime provided they meet the minimum withdrawal threshold of ₦1000.

And there you have it! The detailed explanation of how oilwell works. If you are familiar with most investment websites, then you will automatically be familiar with the usage process of oilwell.

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Is Oilwell.fun Legit Or Scam?

As much as many may oppose this review, oilwell.fun is not a legitimate platform. Oilwell is a clear ponzi referral scheme. Although they are currently active and still making payments, below are some things to always keep in mind about oilwell;

📌 The owners/founders of this platform are unknown.

📌 There are no real (physical) products on oilwell. 

📌 There is not branch office or physical office. All transactions are done mostly online, which is highly suspicious.

These are some of our numerous reasons why we believe oilwell.fun is not a legitimate website. Like many others, we believe the jolly ride will come to an end one day. However, if you are still interested in getting started with this platform, follow the guide below.

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How To Register On Oilwell.fun

To sign up and get started on oilwell.fun, follow the steps outlined below;

👉 CLICK HERE to proceed to the sign up form.

👉 Fill up the sign up form as seen below with your accurate information including your username, email address and password.

👉 Finally click on CREATE ACCOUNT.

Congratulations👏, you have successfully created your oilwell account. You will be taken straight to your user dashboard. As a gift, oil well will reward you with a free ₦250 sign up bonus to help you kick start your journey on their platform.

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How To Make Money On Teck-ng Investment

To make money daily on oilwell.fun, users have to invest in any of the oil investment plans on the platform. The way this works is very simple, assuming a user buys the ₦5000 investment plan, he/she will automatically earn ₦41.66 every one hour. In a single day this figure equates to ₦1000 on a daily basis. The maximum earning potential for this plan is ₦27997.2 which means this plan runs for about 35 days.

This is the primary way to make money on oilwell. Other means include the free sign up bonus of ₦500 and by referring friends/new users to this platform.

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How To Fund/Recharge Your Oilwell.fun Account

To fund or deposit money o to your oilwell.fun account, simply follow the steps outlined and explained below;

👉 Login to your oilwell account.

👉 Click on the profile icon at the button right side of the screen as seen below;

👉 On the profile page, click on DEPOSIT as seen below;

👉 Select the amount of money you wish to deposit on the recharge page as seen below. The minimum deposit amount is ₦1000 while the maximum is ₦150,000. After that, click on RECHARGE.

👉 You will automatically be redirected to the payment page as seen below. Simply copy the bank details provided and make a one time deposit/transfer to the bank account on the payment form.

👉 Take a screenshot of successful payment before leaving your bank/payment app. If you made use of transfer vendors (POS) take a picture of the receipt.

👉 After a successful transfer/payment proceed back to the payment form and input your name in the space provided as seen below. Ensure this name matches your bank account name.

👉 On the section marked “Payment Proof” upload screenshot of successful payment you had earlier taken from your payment app or the picture of the receipt.

👉 Finally review your selected options (GI through the page again) and click on “Submit For Processing“.

Congratulations👏, you have successfully made your first deposit on oilwell. Your deposit will be reflected on your dashboard after a payment verification check has been observed by the oilwell team.

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How To Withdraw Your Oilwell.fun Earnings

Ti withdraw your earnings on oilwell.fun follow the steps outlined below;

👉 Login to your oilwell.fun account.

👉 On your dashboard, Click on the profile button at the button right of the screen.

👉 On the profile page click on withdraw as seen below;

👉 Input the amount if money you want to withdraw in the next page, ensure you have already imputed (bind) your bank account to your oilwell account. And finally withdraw.

Congratulations👏, you have successfully placed your first withdrawals on oilwell.fun, your earnings will be sent to you within 24 hours of your withdrawal request.

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Pros

👍 High ROI from investment.

👍 High referral rewards.

👍 Good user interface.

Cons

👎 It is a ponzi scheme.

👎 The owners of oilwell.fun are unknown.

👎 It might not stand the test of time.

See Also:

🔥Teck-ng.com Review: Legit Or Scam Review?

🔥Beebike.TV Review: Legit Or Scam?

🔥NGAwin Review: Legit Or Scam?

Final Verdict

Finally we urge interested people to only register on oilwell.fun with money they are willing to lose. Always remember that as long as the missing items dictated in this article about oilwell are not stipulated, it remains a ponzi scheme. Do ensure to thread wisely!

Also we have reviewed a lot of legitimate websites where you can earn money by working legitimately on the internet. CLICK HERE to access them for free.

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Kindly leave your questions, contributions or confusions in the comments box below, peace.