Crowdyloan, Is It Right For You
If you’re interested in learning more about the web platform Crowdyloan, this article will help you do so. Continue reading…
We’ll talk about Crowdyloan and all of its add-ons in this article. This Crowdyloan review will provide you with all of the information you require regarding the platform.
You’ll discover what the platform is all about, how dependable it is, how to join or utilize it, and how to profit from it.
As we all know, Crowdyloan is not a new platform; it has been there for a while and is still operational at the time of writing this post.
Despite the fact that the Crowdyloan platform has been around for a long time, some people still have concerns about whether it is legitimate or a scam, which I will explain in detail in this article.
Watch the below video on Crowdyloan:
Let’s begin by discussing what the Crowdyloan platform is, and then move on to other topics.
What is Crowdyloan and how does it work?
Crowdyloan is a peer-to-peer lending network that relies on the contributions of its users. This means that the platform is based on members lending to other members, with each member earning a commission for each loan made.
As of the time of writing this article, it costs N5000 to become a lender on the platform, and the platform claims that each registered user can make up to 160,000 Naira per month doing easy tasks.
As previously said, Crowdyloan is a platform where people lend money to other members of the platform.
The Crowdyloan platform can be classified as a Peer to Peer Ponzi scam, however it has key aspects that set it apart from other platforms.
The platform has multiple levels, and the higher the level, the more money you may make on the platform.
As previously stated, Crowdyloan is a platform that specializes in peer-to-peer lending (P2P). I also mentioned that the platform has unique features, such as Levels.
To become an active member, you must first lend a loan of N5,000 naira to another member and then wait for commissions.
Levels on the platform show you how much money you can make using the platform based on your current level.
Let’s take a look at the platform’s six levels:
The beginning level, also known as the default level, is allocated to you as soon as you finish your platform registration.
To advance to the next stage, you must provide a loan of N5,000 naira to an existing platform member.
This is the next level you will be allocated to if you meet the level upgrade requirements, as stated in level zero.
The criterion is that you take action by lending N5,000 to an existing platform member; you will be raised to this level as soon as they confirm your donation.
Obtaining this level one will provide you with the reward of receiving N5,000 from two platform members within 24 hours, depending on the time.
Apart from level zero, to upgrade to this level two, you must offer a loan of N10,000 to a member of the platform, and you will be upgraded as soon as the lendee agrees to your donation.
The advantage of being advanced to level two is that you are able to receive N20,000 from members in just two days.
Apart from level zero, this is the third level. To get to level three, you must give a loan of N20,000 to a platform member, and you will be upgraded as soon as the lendee confirms your donation.
The advantage of being advanced to level three is that you are entitled to receive N40,000 from members in just four days.
When you meet the level upgrade requirements, you will be assigned to this level.
The criterion is to give a loan of N40,000 to an existing platform member; if they confirm your donation, you will be raised to this level.
Obtaining this level four will provide you with the reward of receiving N80,000 from platform members in 8 days, depending on the time.
This is the final level of the platform levels; to get to this level, you must give a person on the platform a loan of N80,000, and you will be elevated as soon as the member acknowledges your donation.
The reward of getting elevated to level five is that you will be able to earn a N160,000 donation from platform members in just four days.
And that’s all there is to the Crowdyloan levels; information from the first to the fifth levels indicates that you would receive anything between N5000 and N160,000 Naira from the site within 30 days.
We were able to determine how trustworthy the platform is and how it operates now that we had looked into it.
Keep in mind that the platform is a Peer to Peer (P2P) Ponzi scheme that relies on loan distribution. Make an informed decision about whether you want to save or make money.