Are you looking for ways to earn money through cryptocurrencies? According to Kibho Crypto, they have a solution so that you can earn cryptocurrency, but here the thing is different; it’s a multilevel marketing company that operates on a chain system. In this article, we will provide you with all the information that you need to know before investing in Kibho Crypto.
Kibho Price Prediction – Click Here
Kibho Crypto: What Is It?
Kibho crypto type of multilevel marketing company which is related to cryptocurrency operates on a chain system. The real name of the cryptocurrency is Bmmu and Kibho Technologies Pvt. Ltd. This company has its coin which people know by the name of Kibho coin and it is registered with MCA KM Venkat Rao and Nirmal Kilapharty party are the directors of this company.
In this, you have to create your account and refer to your friends and family members and if they join by your referral then you both will get benefit from it. Many people are doing and taking benefit of the Kibho Crypto project. In this, there are multiple levels through which you can earn a token by referring people.
It also offers a saving account feature on its website where users will get multiple types of benefits. Currently, it is not listed on any cryptocurrency exchange like Binance coinbase WazirX, Zebpay, Coindcx, etc. The price of Kibho is not decided by any cryptocurrency exchange, they only decide the price of it.
Company and its Fundamental detail
The full name of the company is BHUU and Kibho Technology Pvt. Ltd, and here the directors are Venkat Rao Kilaparthi and Nirmala Kilaparthi.
Date of Incorporation: 28/05/2020
Official Website: www.kibho.in
ROC Code: RoC-Vijayawada
Registration Number: 114616
CIN: U28999AP2020PTC114616
Country Operation: India
Kibho Crypto: How To Join And Earn?
In the Khibo, there is not much product present, but the product exists in only one form. Due to this product, the price of Khibo coins keeps increasing continuously, but at this period, the price of keyboard coins is going down a lot.
Let’s see how you can join this company. It is very easy to join. First of all, you have to go to their official website and register yourself by providing some important information about yourself. This important information includes your name, address, occupation, phone number, etc.
If you still do not understand how to join this company, there is an option on the Khibo website to contact their official associate, through whom you can easily join.
If you want to earn money through their business plan, you have to become an associate of a Kibho company, which means you have to buy a product from Kibho, which is a Kibho coin.
Kibho Crypto: Products And Plan
Each company has its model, according to which they distribute money to their distributor, who works for them. Let’s understand how Kibho coins distribute their income to the distributor who works for them. They have four in Complan through which their distributors are earning.
Ad View Income:
This is your first source of income from a Kibho coin. In this, the distributor has to watch an ad on the registered website, and after they complete watching their ad, they receive a Kibho coin.
Referral Mining Income:
Referral mining income is the second type of income from Kibho Crypto. If you want to earn through this income, then you have to add someone to your downline, as we all know it’s a multilevel marketing system, and you have to create a chain. As you successfully join someone below you, you will get a Kibho coin in return. This means you have to make them associates, and your referral only becomes an associate when they invest 500 in Kibho coins.
The company has different rules for the downline. If your downline is from the same state or same district, you will get 75 Kibho coins when you join them in your downline. And if you join someone from a different state, you will get 150 Kibho coins.
Purchase Mining Income And Gift:
In this purchase mining income, you will only get this income if you buy something from Kibho Mart. This means whenever you buy something from Kibho Mart, you will get a 20% discount and some cashback, which you will get in the form of Kibho coins.
Let’s talk about how you will get gift items. Here, we completely know Kibho operates on a chain model, so if you joined 66 associates through you on your downline, then you will get a new smartphone. Similarly, if you join 132 associates, you will get a new bike.
What Is Purchase Mining Offer?
Purchase mining offer provided by Kibho coin: if you purchase anything from khibo, then you will get a 20% discount on the product and you will also get cashback in the form of Kibho coin.
You can use this Kibho coin directly in the Kibho Mart if you have a sufficient amount of coins to purchase any product directly from Kibho Mart.
Kibho Mart’s Extension In India
Kibho Mart’s extension in India is in the plan of Kibho Crypto, which means they are planning to open Kibho Marts all over Kibho Marts all over India, but as of now, it is only in their plan. They are making this plan to earn more money and distribute it to their associates.
Kibho Fake or Real
As per the data available on the internet, we are all aware of this company and how it works. But, it is claiming that this Kibho Company is a cryptocurrency, which is completely fake and not real. Along with this, there is no legal document like a white paper or wallet address available on the website.
One thing that completely confirms is that this is a fake cryptocurrency and according to Coinpaprika the price of Kibho Coin is $0. One more thing, it isn’t available on any cryptocurrency exchange. Another valid reason is that this company faked its market cap, according to apespace.io its market cap is $662.94 trillion and only 158 kibho coin holders are there.
These all data confirm this is a fake cryptocurrency.
For me, it is a scam because there is no such product, it is not listed on any cryptocurrency exchange, they do not have a proper document or legal document on its website, and it is also not created on any blocks, which makes it secure.
Conclusion:
In this, we explain every part of the Kibho crypto, like the company’s income plans, business plans, products, etc. We also discussed whether it is a scam or not, so do your research before joining Kibho Crypto. As of now, there is no such thing as a “Kibho” cryptocurrency on any cryptocurrency exchange or marketplace.
However, many penny cryptocurrencies will give you a good return in the coming year and have the potential to grow, but if the company is a total scam, do not invest in such a shitcompany.
Frequently Asked Questions:
Is Kibho Crypto a scam?
It is not a cryptocurrency, but the Kibho claim that it is. The reason for this is that if it is a cryptocurrency, it should be available on cryptocurrency exchanges and built on blockchain. And the main reason we found it a scam is that it doesn’t have any documents or a proper office address on its website.
Should we join Kibho Crypto?
If you are considering joining Kibho Crypto just because of your friend or a close relative, avoid joining Kibho. It is an MLM company, not a cryptocurrency. You’re not going to earn money after joining this, so make sure to research it.
What is Kibho Mart?
Kibho Mart is a plan of the Kibho MLM company (claiming that Kibho Crypto exists), and they are just showing it to innocent people so that they can easily fall into it. As per their point, this market is similar to others, but the Kibho Crypto associate will get more advantages through it.
