Looking for a current BNBStake review? Is BNB Stake a scam or is BNBStake legit? Yes, it’s a scam. It’s just another BNB smart contract HYIP Ponzi scheme that promises a passive daily income.
These HYIP smart contract scams never last long term are considered very High Risk. We’ve seen them collapse and fail time after time.
BNBStake promises a 5% – 8% daily ROI with a 3 level deep referral compensation plan.
Once recruitment and investments slow down, the smart contract will be drained of all the funds (BNB) and your money will be gone forever, with no recourse.
A smart contract can still SCAM people, even if the smart contract is verified and audited by reputable third parties. A smart contract simply can not pay BNB if there is no BNB to pay.
Read on for the rest of this BNBStake review:
What is BNBStake?
According to their telegram channel:
BNBStake is the ✅ FIRST VERIFIED BinanceSmartChain ROI CONTRACT ✅
In reality, BNBStake is an HYIP PONZI SCAM that uses the Binance Smart Chain system.
HYIP stands for High Yield Investment Program. A high yield investment program (HYIP) is a type of Ponzi scheme, an investment scam that promises unsustainably high returns on investment by paying previous investors with the money invested by new investors.
Who are the owners/creators of BNBStake? Nobody knows and there is no company information on their website.
The BNBStake.app domain was privately registered and Namecheap for only 1 year on March 3rd, 2021. A short 1-year registration term usually means they know this project will not even last 1 year.
Typically, these HYIP Smart contract scams only last a few months.
Verified smart contracts are not scam-proof.
BNBStake promises (from 5% to 8% daily)
Basic interest rate: +0.5% every 24 hours – only for new deposits
Minimal deposit: 0.05 BNB, no maximum limit
BNBStake Investment Plans
BNBStake has 2 types of investment plans with different time periods and percentages of profitability.
Plans 1-3 (orange) – Withdraw profit any time
• Plan 1 – (14 days) – 8% per day – 112% profit
• Plan 2 – (21 days) – 6.5% per day – 136% profit
• Plan 3 – (28 days) – 5% per day – 140% profit
Plan Type 4-6 (green) – Withdraw profit end of plan + use capitalization of interest
• Plan 4 – (14 days) – 8% per day – 193% profit
• Plan 5 – (21 days) – 6.5% per day – 275% profit
• Plan 6 – (28 days) – 5% per day – 292% profit
Similar plans to the Beurax Scam which collapsed…
BNBStake Compensation Plan
BNBStake has a 3 level deep referral compensation plan when you recruit others into the scam.
You will receive:
5% from each level 1 referral deposits
2.5% from each level 2 referral deposits
0.5% from each level 3 referral deposits
Note: You need to have at least 1 deposit to receive commissions from referrals.
Is BNBStake a Scam?
Yes, BNBStake is a scam and is NOT legit. It’s nothing more than a cryptocurrency pyramid scheme money shuffle game with BNB and has no products.
Paying out 5-8% a day is not sustainable.
BNB Stake’s smart contract is not to be trusted. These Ponzi smart contracts are still vulnerable and considered high risk. They can scam out anytime when there are no new funds coming in to pay earlier investors. It’s simple math that it will fail.
Just because it’s handled on the Binance smart chain does NOT mean it’s legit or safe.
The typical Ponzi pimps and scammers like Joshua Elder will promote scams like this to their gullible followers on Youtube and social media. Be Smart…Don’t fall for the hype.
Once initial hype, recruitment and new investment slow down, the BNB Stake pyramid scheme will collapse and the smart contract can not pay the daily ROI or commissions.
A Ponzi is a Ponzi, don’t be fooled by this BNB smart contract scam.
I hope you enjoyed this BNBStake Review.