So you probably stumbled across this swapex platform and some people claiming they have made huge sums of money. Following this, you are left to wonder if swapex.live is a legit platform or another scam?
Well in this article we will be giving you a detailed analysis about the legitimacy status of swapex. Coupled with this, we will also be providing some detailed inner look regarding how swapex.live works and every other deep inner feature they won’t tell you about.
Before we proceed, it is very important to note that Bhustle is not under any paid partnership from swapex.live to write this article. We simply carried out our research and penned down our honest findings.
With that said, feel free to make use of the table of contents below and also leave a comment down below if you need further clarifications. Without further ado, let’s begin!
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What Is Swapex.live?
There are no official statements about what or who runs/owns swapex.live however, from our research we can conclude that swapex.live is an online investment scheme.
While some may believe swapex.live is an online bot Forex trading machine, it might not be far from the truth. You see, on swapex.live users basically deposit their funds on this platform then buy trading bots or bots. These bots reportedly make them a certain percentage of money on a daily basis for a period of 30 days.
Judging by this,it is very safe to call swapex.live an online investment website since users have to first invest in a bot before making passive income.
One downside about this platform which we will still talk about later is the fact that they did not define themselves nor provide any details about who they are? or what they do? At least, by themselves.
How Does Swapex.live Work?
Now that we have defined swapex.live based on our research and findings about this platform, let us see how they operate. How exactly users make money on this platform.
The process of making money on swapex are as follows;
👉 First and foremost new users have to create their accounts. Registration is free if charged in swapex.
👉 After creating their accounts, they will be rewarded a #500 sign up bonus as an incentive. However, this #500 cannot be withdrawn.
👉 There is no information about the minimum deposit amount on swapex. However since the least tradeable bot on the platform is #3000, we believe it should be #3000. New users have to deposit a minimum of #3000 to buy their least trading/investment bot on swapex.
👉 As explained earlier on, swapex.live claims to have investment bots. These bots vary in price. The least investment bot costs #3000 and users who purchase this bot are tipped to earn #300 daily for 30 days. There are many more investment bots users can choose from.
👉 After depositing and buying a bot, users can now start earning their estimated daily profits.
👉 Additionally, there are no details/information about withdrawals on swapex. However, we believe members can make withdrawals whenever they choose since no information about withdrawals were stated.
This is a step by step breakdown of how swapex.live platform works. There are lots of loopholes and a very bad user interface in the swapex website. However, these are issues we will discuss within this article.
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Is Swapex.live Legit Or Scam?
Now to answer the most important question on the table, is swapex.live legit or scam? Well one look at this website and even a toddler will be convinced it is a scam/ponzi scheme.
There are very too many red flags on swapex.live and we have outlined a handful of them for you;
👉 The owners of swapex are anonymous/unknown. They also made sure to conceal their identity on whois domain checker.
👉 The user interface of swapex.live is too disorganised to be legit. In other words, the website design lacks serious professional design.
👉 It’s a referral cycle. Or better still, a ponzi scheme. The surest way to earn on swapex.live is to refer new users and the cycle continues. Platforms with this type of earning structure and most likely ponzi schemes.
👉 There are too many missing details on swapex. No information about deposit/withdrawal limit, no about us page, no contact us page, etc. Everything is just placed randomly without proper thoughts.
These are the major reasons we believed swapex.live is a ponzi scheme and will eventually find its downfall one day. However, as at the time of writing this article they are still active and interested people can join them using the guide below.
How To Sign Up On Swapex.live
If after going through this post you have made up your mind to join swapex.live earning platform, then follow the step by step guide below to get started;
👉 CLICK HERE to get to the registration form.
👉 Fill up the form with your correct information including your name, username, phone number and password.
👉 Agree to the terms of service and click on the purple “Register” button.
👉 That’s it! You have successfully created your swapex account.
Additionally, you get a free #500 sign up bonus for creating your account.
Now that you have created your swapex account, the next step is to learn how to make money on swapex. Read the guide below to get started.
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How To Make Money On Swapex.live
There are two major ways to make money on swapex. They are; by buying investment bots and by referring new users.
Swapex.live Investment Bots
The ideal way to earn on swapex is through their investment bots. These provide a daily return of investment to its investors. To invest in any of the bots follow the process below;
👉 Login to your swapex account.
👉 Deposit a minimum of #3000 into your swapex account.
👉 Click on the blue (circle) button in the middle of the menu bar as seen in the image below;
👉 Select the swapex invest bot you want to purchase by clicking on the blue “lease” button.
👉 Review your purchase on the new page and click on “Confirm“.
Boom! Depending on the bot type you bought, you can now start earning fixed returns on a daily basis. Example, the swapex bot 1 costs #3000 and returns #300 daily for a period of 30 days to its investors.
Swapex.live Referral Program
The second ideal way to earn money on swapex.live is through the swapex referral program. Now, they did not stipulate the amount users will be paid when they bring in new investors, hence, we cannot tell for sure how much you will earn from the referral program.
However, from experience with such sites, it is only normal for the referral bonus to be a percentage of your downline investment on swapex.
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How To Make Withdrawals On Swapex.live
To place withdrawal on swapex.live, follow the steps below;
👉 Login to your swapex account.
👉 Click on the blue withdraw tab as seen below;
👉 On the new page, add your bank details by clicking on the blue button titled “Add withdraw Account“.
👉 Input the amount if money you want to withdraw and click on “Withdraw Money“.
That is exactly how to place withdrawals on swapex. With all that being said, let’s see some of the advantages and disadvantages of the swapex.live earning platform.
Pros
👍 Some people will make money on swapex.
Cons
👎 It is a ponzi scheme.
👎 The percentage if people who will lose money, will be greater than those who will actually make money.
👎 The owners of swapex.live are anonymous, hence. They cannot be traced.
👎 The user interface of swapex is a complete disaster.
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Frequently Asked Questions
Is Swapex.live legit?
No, swapex.live is a very obvious ponzi scheme. All the proof of swapex being a scam has been discussed and listed out in this article.
Has Swapex.live Crashed?
As at the time of writing this article, swapex is still very much active. However, we will keep you updated when any updates about Swapex come up.
When Was Swapex.live Launched?
Swapex.live was launched on the 27th of July 2023. This information was gotten from whois domain checker.
Final Verdict
As much as we do not encourage you to join swapex we cannot equally stop you if you choose to take the risk. Nonetheless, always ensure to invest what you are willing to lose! If possible buy the smallest or minimum bot (which costs #3000).
Meanwhile, we have reviewed a whole lot of legit platforms where you can earn money online legitimately. Want to see them? CLICK HERE to see our review on a whole lot of them.
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Do not forget to comment your questions or contributions down in the comment section below, peace.
