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Fast2earn.com is one popular website. But since when does popularity mean a platform is legit?
Some platforms are straight up scams, while others like fast2earn use several questionable tactics to avoid getting the ‘Scam’ label even though they do not pay many of their members. This and more, I’ll discuss in this honest fast2earn.com review. Later on, I also reveal why other reviews about fast2earn are all positive. It’s hard to find negative reviews about the platform even though it is far from legit, and it’s just another Ponzi.
Let’s start with a few general information about the platform.
(See my list of recommended platforms here)
What is fast2earn.com?
Written boldly on the homepage of the Fast2earn.com website are the words: Raise Money Online. We help people bring their dream to life.
Catchy, isn’t it? This is what fast2earn claims they do. But as usual, I see right through their tactics.
How it works
It works in 2 ways. On the fast2earn website, businesses could offer their shares on the platform. And then, buyers could buy these shares and earn high interests after the agreed period. See the screenshot below. The minimum withdrawal is $8. Simple, isn’t it? Not so fast
Is Fast2earn.com a Ponzi platform?
You bet. It’s a Ponzi.
Of course, they pretend to be something different by saying they allow people to invest in online shares. I’ve seen this kind of thing several times before. PurchaseSharesOnline platform, which I wrote about several months ago, was like that too.
Well back to fast2earn.com.
Fast2earn is full of tricks.
This illegal tricks have made them last so long. The fast2earn.com domain name has been bought since 2011-07-06. Wow. Meaning the platform is now over 9 years old. And if they continue with the dirty tricks, they probably will last for many more years to come at the detriment of anyone undiscerning enough to invest in this rubbish.
Check out a few of these questionable tactics.
- Withdrawal tricks: The platform has a system where it ranks members based on bonus points, which determines how many times you can withdraw in a month. To increase your bonus points, you have to invest more. Here’s the trick many members have observed, fast2earn.com will let you make the first few withdrawals without issues if you’re lucky; and then, on subsequent withdrawals, members’ requests are declined. The platform will tell you that you need to invest more and refer more people to increase your bonus points. Some members have reported waiting several months and still not qualifying for their next withdrawal. To ensure you won’t be eligible for a withdrawal, fast2earn.com could also change your withdrawal limit without notice or even drop your bonus points, so it’s not enough to qualify for their withdrawal. This makes no sense. Why will a legit investment platform require bonus points to withdraw in the first place?
- Selective payment: It pays some people and doesn’t pay others. When others call it a scam, those that have been paid will stand up to them to discredit the claim. The truth is many people have issues with fast2earn due to the withdrawal issues mentioned above. My thing is this: If a platform has scammed even one person, I will not take that risk to join even if others have been paid. Who knows? You could be the one at the receiving end of the issues someday.
- Referral Commissions: At 59%, fast2earn.com has one of the highest referral commissions paid out to members. On the other hand, this also signposts it as a scam. No company can survive paying so high; not even companies like Amazon worth over $1 Trillion. Most people you find on fast2earn are just there for referral commissions. And all signs point to the fact that fast2earn is running a Ponzi (paying old members with new members investment) and that’s why they can afford such insanely high commissions.
It’s hard for many to fish out a scam platform, especially a platform like fast2earn that disguises its Ponzi nature so well. Still, some red flags immediately jumped out for me.
– The businesses offering their shares don’t look real. For example, there’s no farm out there that can guarantee an ROI of a whopping 700%. Come on; it isn’t happening.
– It doesn’t reveal the identity of members of the fast2earn team. All we know about them from the website is that the team is from Toronto. If you’ve been following my reviews, you’ll know this is a classic investment scam strategy. The identity of the founder and team members, are also kept a secret.
But why are there several positive reviews about fast2earn
One word: Greed. Fast2earn offers 59% in affiliate commissions. Such high referral commissions is enough for many to throw their conscience out the window and start promoting a scam. This is really wicked; please don’t do it. At ideasdome.com, we will never promote a scam no matter how much commissions we are promised. Our integrity is priceless.
Final thoughts
In conclusion, fast2earn is not a straightforward scam, but its methods are really dishonest and questionable. They might not run away with your money, but your withdrawal can be pending till further notice. So tell me – what’s the difference? You still ain’t getting your money. That said, they have paid some of their members in order to keep the ruse going and lure unsuspecting members into investing.
It’s really left to you if you want to join or not, but I don’t recommend doing it. This has been a fast2earn.com review.
There are many scam platforms out there, but not all investment platforms are scams. Check out my list of recommended legit platforms below.
Fast2earn is not a good online business to invest your money.