In the digital era, cryptocurrency is all the rage. Numerous websites offer users the chance to win cryptocurrency.
Ufoinu.Com is the latest website that has taken the internet by storm. It offers users a chance to win Cryptocurrency, which is why it has gained so much traction in such a short amount of time.
However, with plenty of scam websites doing rounds, it becomes necessary to research its authenticity before investing any money or personal data into it.
In this article, we will take a look at Ufoinu.Com and determine whether it is a legit website or just another scam.
What are Crypto Coins?
Cryptocurrency is a digital or virtual currency that uses cryptography to secure its transactions and to control the creation of new units. Cryptocurrency is decentralized, meaning it is not subject to government or financial institution control.
What is Ufoinu.Com?
Ufoinu.Com is a website that offers users the chance to win cryptocurrency. It is a relatively new website, having only been created in 2020. The website claims to be the “first and only” Cryptocurrency faucet.
A faucet is a website that gives out free money or cryptocurrency in exchange for completing certain tasks. These tasks usually involve viewing advertisements or taking surveys. Ufoinu.Com claims to give out free cryptocurrency every hour.
How Does Ufoinu.Com Work?
In order to start earning cryptocurrency on Ufoinu.Com, users must first create an account. Once they have done so, they can start completing tasks and viewing ads. For every task that is completed or ad that is viewed, users earn a certain amount of cryptocurrency.
As mentioned earlier, Ufoinu.Com claims to give out free cryptocurrency every hour. However, in order to receive the payout, users must have earned at least 20000 satoshis. Satoshis are the smallest unit of Bitcoin. This Equates to around 0.0002 Bitcoin.
Once users have reached the minimum payout, they can request a withdrawal. The website claims that payouts are processed within 24 hours.
What is the Ufoinu.Com Referral Program?
The Ufoinu.Com referral program allows users to earn commissions for referring other people to the website. For every person that you refer, you will earn 20% of their earnings.
This is a pretty standard referral program. However, the fact that it only pays out in cryptocurrency makes it a bit more risky.
Is Ufoinu.Com Legit Or A Scam?
Now that we have taken a look at how Ufoinu.Com works, it’s time to answer the question: is Ufoinu.Com legit or a scam?
Unfortunately, there is no easy answer to this question. There are a few red flags that make us suspicious of Ufoinu.Com.
First of all, the website is very new. It was only created in 2020. This is always a cause for concern, as it is easy for scam websites to disappear overnight.
Secondly, the website only pays out in cryptocurrency. This means that there is no way to get your money back if you don’t receive a payout.
Lastly, the minimum payout is quite high. Most faucets have a minimum payout of around 1000 satoshis. The fact that Ufoinu.Com has a minimum payout of 20000 satoshis is a bit suspicious.
Overall, we would say that Ufoinu.Com is probably a scam. However, we cannot say for sure. If you decide to use the website, please do so at your own risk.
Have you used Ufoinu.Com? Let us know what you think in the comments below.