What is Primeshare?
Prime share is a newly launched Ponzi site, Launched on the 1st of April 2023, it Promises its users a new way of earning money online. It is available in 3 countries namely: Nigeria, Ghana, and Cameroon. It has its Nigerian office at 8, Amazement street, victoria Island, Lagos, Nigeria (Unverified). The owner has chosen to remain anonymous like satoshi which is a setback. Rumors have it that it is an international company as it is available not only in Nigeria but in two other African countries.
How does Primeshare work?
On the prime share platform, you earn from completing a few assigned tasks, The platform requires you to Pay a one-time N4000 registration fee, and then offers you 3 ways to earn.
How do you earn on Primeshares?
As a registered user on Primeshare, you're can earn in the following ways:
- Affiliating
On primeshares, you earn $6.4 (3,200) for referring new users to the Platform, upon registration, you would be given $5 (N2500) all your earnings are recorded in Dollars ($) and converted to your local currency upon withdrawal.Welcome bonus- $5 (N2500)
Sharing trends - $1(N500) daily
Referral bonuses - $6.4(N3200)
First-level spillovers - $0.6(N300)
Second level spillover - $0.2(N100)
Transfer of earnings is also available at a minimum of $12(N6000) per transfer
Minimum withdrawal for Referrals - $10(N5000)
Minimum withdrawal for non-referrals - $40
For our users in Nigeria, The conversion rate is stated at exactly 500/$
- Sharing of Sponsored Posts
You will be assigned a sponsored Post daily, all you have to do is share it to your social media handle and you will earn $1 (500). You will get one Sponsored post per day.]- Buying and selling of volatile shares
Shares are dropped monthly on your dashboards and you decide if you want to buy or not.
Buying of shares is priced at $50(N25,000),$100(50,000), and $200(N100,000), which means you can't buy lower or higher than these prices.
The volatility of the shares ranges from +5% to +15% and from -5% to -15%( this means that you can either make a profit/loss of 5% to 15% of the shares you bought.
You earn bonuses from your downlines when they purchase shares;
- you earn $2.5(N1250) for every $50 share your downlines purchase.
- you earn $3(N1500) for every $100 share your downlines purchase.
-you earn $3.2(1600) for every $200 share your downlines purchase.
You get free signals that will guide you on which shares to buy
You get paid your shares plus your interest immediately after the share matures.
- Earning from Publishing and Sales of Ebook
The Publisher Earns 20% of the cost of the book once anyone purchases his/her book.
If a user promotes a publisher's book and refers someone to purchase the book, the user earns 70% of the cost of the book for referring someone to buy the book.
The publisher earns 90% of the cost of the book once he/she refers someone to buy his book, i.e 70% for referring and 20% for the purchase.
The rule is the seller gets the majority .
How to register on Primeshare
You can simply register by Visiting Primeshare's official website
- Click Register
- Enter your details
- Tap message coupon vendor
- Message one of them
- Make payment and get your Coupon
- Then use it to complete your registration.
Is Primeshare Ponzi?
Primeshare is a Ponzi site, all its claims are false and its volatile shares are manually controlled by them.
They pay users with New users registration fee, meaning "No new users no payment"
we are not in any way supporting Ponzi schemes nor discouraging you from registering on their site, as this is meant to be an unbiased review.
Even though it is a Ponzi scheme, you as an affiliate marketer can key into affiliate marketing, get new users in, and get paid (law of ponzi) the last man pays the price for your riches.
Is Primeshares Legit?
Just like any other Ponzi, they start off as legit, then divert when they have looted enough.
as of now, they are Legit and paying but, might not be the same in a few months it is a
50/50 chance so take it or let go for now we Label them as Legit.
