What is Car Power, and how does it works?
As mentioned earlier, Car Power is an investment platform designed to help people discover a legitimate way to make money online. The platform boasts that by investing a small sum, you can sit back and watch your investment grow significantly.
How to Make Money on Car Power:
1. Investing:
The primary way to make money on Car Power is by investing your money. The platform offers various equipment options that cater to your preferences. The amount you earn depends on the size of your investment, and there are numerous factors that influence your returns. We will do our best to list these factors here.
As a new user testing the platform, you receive a free investment equipment upon signing up. This equipment generates daily income until its expiration date, which lasts for 3 days. During this period, it provides an hourly income of 21 naira, totaling 1,512 naira over the three days.
However, it's essential to note that you cannot withdraw the 1,512 naira.
Instead, you can use it to top up your account with your personal funds and purchase a higher-tier equipment that generates real money, which can then be withdrawn.
To begin investing, log in to your account and click on the "Buy" button. You will see all available equipment options for purchase. Before making any investments, ensure you have sufficient funds in your wallet, or you can top up your account.
The minimum investment amount on the platform is 4,000 naira, which yields an hourly income of 4 naira for 365 days. This amounts to a daily income of 96 naira. While this may not seem substantial, it can accumulate over time, and you can also choose to invest in higher-tier equipment to earn more.
2. Referral Program:
Another way to boost your daily income on Car Power is through its referral program. Car Power offers generous rewards for those who successfully refer new users to the platform. The referral program consists of three levels:
Level 1:
These are the people you directly invite to join and benefit from Car Power. If your Level 1 referral makes a deposit and purchases an equipment worth 50,000 naira, you will receive an 8% reward, which amounts to 4,000 naira instantly. Additionally, you can earn 5% of their total income generated from the 50,000 naira equipment over its lifespan.
Level 2:
These are the people invited by your Level 1 referrals. When they make a purchase, you earn 2% of the amount they spend, along with a 2% share of their total income from the equipment after its expiration.
Level 3:
These are the individuals invited by your Level 2 referrals. The same rules apply, where you earn 2% of their purchase amount and 2% of their total income post-expiration.
How Much Money Can You Make from Car Power?
The amount you can make on Car Power depends on various factors, such as the size of your investment, the number of referrals you have, and other aspects. Based on the platform's data, it is feasible to earn up to 1,000 naira or more per day.
Availability of Car Power:
Car Power is currently only available in Nigeria. If you are from other countries, you won't be able to sign up or benefit from the platform. If you are looking for a similar investment opportunity in your country, consider finding a platform that operates locally.
Is Car Power still paying users?
We updated this review on: July 28, 2023. At the time we updated this review, the platform was still paying users. However, it's important to keep in mind that it might stop paying any moment from now, so exercise caution.
Is Car Power Legitimate or a Scam?
This is a crucial question that arises whenever a new investment platform is launched. As for Car Power, it is vital to approach it with caution. While it may be paying users at the time of this review, it is crucial to remember that investing in such platforms always carries some level of risk. Therefore, it is recommended to invest only what you can afford to lose, and taking out loans to invest in Car Power is not advisable.
The platform's legitimacy remains uncertain, and there is no guarantee of its longevity. As with any investment opportunity, conduct thorough research and exercise caution when making financial decisions.
Final Verdict:
Car Power, launched on April 12th, 2023, presents an opportunity to turn a small investment into something substantial. While the platform's claim holds some promise, new users should proceed with caution. It is advisable to invest only what you can afford to lose and refrain from taking out loans for such investments. Although Car Power appears to be paying users currently, the future remains uncertain, and risks are involved. Exercise due diligence and consider all factors before making any investment decisions.