In this blog post I will give an honest and unbiased review about MineRift Limited. MineRift Limited is a High Yield Investment Program (H.Y.I.P.) meaning that you invest money into the platform with the expectation of earning a high return on the investment. As a result, this program has risk involved; you can lose some or all of your money. On the same token you can make a substantial return on your investment.
Facts About MineRift According to Its Website:
- Minerift Ltd is a team of skilled developers, analysts, traders, first-class financial consultants who have more than 10 years of successful experience in their fields.
- The C.E.O of MineRift is Mr. Robert Anthony
- MineRift Limited is registered as a company in the United Kingdom.
- The company address is listed as: 86-90, Paul Street, London, United Kingdom, EC2A 4NE
- There are around 710 registered members who have invested over $60,500.00. (At time of this post on 30.May.2021)
- Site officially launched on 26 May, 2021.
- It is open to members worldwide.
- Free registration and activation of your account.
- Multiple accounts from same IP address is allowed. However stacking is not allowed. You can not sign up under your own link to trick the system to receive the affiliate commission. Each account must also use a different payment processor.
- Investments can be made using Perfect Money, Bitcoin, Litecoin, Ethereum, Tron, Dogecoin, Tether, and bitcoin cash.
- There are four (4) investment plans. See image below:
- The minimum deposit amount is $20. The maximum is $50000. Once a deposit is made it is added immediately to start earning returns.
- Internal reinvestment is allowed for compounding of earnings.
- Minimum withdraw for PerfectMoney is: $1 and for cyrptocurrencies like BTC $20, ETH $20, LTC $10, DOGE $10, Tether $10, TRON $10.
- All withdrawals are processed instantly.
- Withdrawal operations are available every hour even on weekend.
- The site provides a three-level affiliate program. 6% at the first level, 4% at the second level and 2% at the third level.
- If you want to earn up to 10% on the first level, you can become a company representative for your country. To do this, you must have 5 active referrals and complete members and should know the company very well.
- There is no need to have an active investment in order to receive affiliate earnings from your referrals.
Final Opinion About Mine Rift Limited
Before I go into my opinion review about MineRift Ltd. I want you to know that I actually opened an account into the program and tested it with a small amount of money. As a result this review is from experience and personal testing. This review is not based on guesswork. It is not like a lot of other reviewers who use “tacky” methods to simply bash a program or business then invite you to join their business opportunity. This review will be fair and one that you can trust. The image below shows the backoffice of my account:
My Personal Experience
MineRift Ltd has a very simple, clean and easy to navigate back office. All important tabs and areas commonly used in H.Y.I.P’s are clearly shown. Such as your Account balance, the deposit and withdraw buttons. The referral link and promotional material such as banners are easy to locate.
I tested this platform with just $20.00 USD using PerfectMoney payment processor. The funds appeared on my account immediately after deposit and earnings began appearing in my dashboard every hour. I did earn 5% daily with the $20 startup amount; $1.00 became available in my account for withdraw or redeposit. I like that accruals occur every hour, this makes it easier to withdraw funds throughout the day. I tested the withdrawal process and it was in fact instant. The withdraw amount appeared immediately into my PerfectMoney account with no fees attached. At this time, the MineRift program is performing as advertised.
The Truth About MineRift
MineRift Ltd is in fact a registered company in the United Kingdom. According to the Minerift Ltd registration documents, the company was incorporated on 15 February 2021 and the nature of business offered is “Publishing of computer games”. The CEO of MineRift Ltd is Robert Anthony LATCHAM and the company address is 86-90, Paul Street, London, England, United Kingdom, EC2A 4NE.
However the reality is that these UK registrations are easy to obtain and poorly regulated as it relates to legal enforcement. The standard registration fee to set up a company is only $15 for the ‘standard’ Companies House web incorporation service, which takes up to 24 hours to turnaround. You can pay via credit card, debit card or PayPal.
Their are no digital footprints online for the CEO of MineRift, we searched for photographs for him but did not find any. This name is most likely false. The address on the website is the address of a virtual office offered for just $30.00 per month. This virtual office service is offered here. According to WHOIS domain directory, the domain name minerift.biz is only registered for 1 year.
Despite MineRift being registered as Computer games publishing service, there is nothing on their website to show that they offer such services. In fact, on their “about us page” the only products or services they claim to offer is FOREX and Crypt-currency trading, mining and other financial services. However, there is no verifiable proof listed anywhere on their website to show how profits are being generated.
Conclusion
MineRift Ltd is performing well at this time based on my personal experience. However it is a High Yield Investment Program which means that there is high risk of loss involved. These types of programs do perform well at the beginning to entice more investors to join and make investments. Daily earnings between 5% to 11% is very high and not sustainable especially because no proof of profits from trading or mining exists. More than likely the deposits from new members is being used to pay withdrawals by older members.
Once the membership and new investments slows down, the company will collapse and payouts will cease. The reality is not IF the program will collapse or turn scam but WHEN or HOW SOON. If you intend to Join MineRift or use similar types of programs, the key is to join early to get a profit and get your “seed money” out as quickly as possible. Be hopeful but only invest what you can afford to lose.
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