This article will explore the Kibho Crypto. Is it a scam or a real investment? With the growth of cryptocurrency markets, new platforms and coins have emerged that promise different advantages and profits. Nevertheless, not all can be relied upon.
Lately, people have been interested in Kibho Crypto and doubting its credibility and potential.
This article aims to give an inclusive review on this subject by looking into its history, how it operates as a business entity, and user feedback, among other things, so that you can make up your mind based on facts rather than emotions or hearsays. Keep reading if you want to know more about Kibho Crypto!
Kibho Key Points
| Product Name | Kibho |
|---|---|
| Type | Ponzi Scheme |
| Trust Score | 1 |
| Available at | BitMart for trade |
| Country Location | India |
| Website | Not open; only the login page is accessible |
| Website URL | https://kibho.in/ |
Kibho Login Steps
Here are the steps to log in to the Kibho platform:
Visit the Website:
Access the Login Page:
Enter Your Credentials:
Click on Login:
Two-Factor Authentication (if applicable):
Access Your Account:
If you encounter any issues, such as forgotten passwords or access problems, look for options on the login page for account recovery or contact Kibho’s support team for assistance.
Kibho MLM Business Plan ( FAKE )
| Aspect | Details |
|---|---|
| Business Model | MLM (Multi-Level Marketing) with a focus on recruitment and commissions. |
| Initial Investment | INR 500 to open an account and receive a couple of Kibho tokens. |
| Token Holding | Hold tokens for 100 days to earn a 1.66% profit from the company. |
| Referral Income | Commissions earned by referring new users, based on direct and downline referrals up to 25 levels. |
| Referral Tokens | Thirty tokens were used for 1st-level referrals, 45 for 2nd-level referrals, and increases up to 25 levels. |
| Ad View Earnings | Earn 2 Kibho tokens per ad viewed, up to 60 tokens per month. |
| Awards & Rewards | Achievements lead to rewards: Voucher 1 (smartphone) for 66 accounts, Voucher 2 (bike) for 132 accounts, Voucher 3 (car) for 1584 accounts. |
Live Kibho Coin Price
Find below the live Kibho coin price. This is today’s price with live market cap data. Kibho Coin Price In India
Is Kibho Is Safe Crypto?
Kibho is not a safe cryptocurrency to buy. It can only be found on BitMart and Koinbx exchanges, which collectively have deficient trading volume amounting to roughly $2000.
Also, it is not listed on widely used exchanges such as Coinbase or Binance, which are known for their excellent reputation; hence, its legitimacy and safety should be questioned even more.
Where is Kibho Coin Available?
Kibho Coin is listed on BitMart and Koinbx. These are the only two exchanges where Kibho Coin can be traded, although its trading volume is deficient, at around $2000 across the two platforms. It has not been listed on significant or well-known exchanges such as Coinbase or Binance.
Kibho Company Details
| Attribute | Details |
|---|---|
| Product Name | Kibho |
| Type | Ponzi Scheme |
| Trust Score | 1 |
| Available at | BitMart, Koinbx |
| Country Location | India |
| Website | It is not fully accessible, only the login page is open |
| Website URL | https://kibho.in/ |
| Trading Volume | Approximately $2000 total on both exchanges |
| Reputation | Not listed on major exchanges like Coinbase and Binance, raising concerns about its legitimacy and safety. |
| Directors | Venkat Rao Kilaparthi, Nirmala Kilaparthi |
| CIN | U28999AP2020PTC114616 |
| Date of Incorporation | 28/05/2020 |
| ROC Code | RoC-Vijayawada |
| Registration Number | 114616 |
Why Investing in Kibho is a Bad Idea
Several red flags make Kibho a risky investment:
Problems with the Website
The website of Kibho redirects users to a login page, often done by untrustworthy platforms so that people cannot access all information about their company and operations.
Low Trading Volume
The trading volume for Kibho Coin is deficient, amounting to about $2000 across BitMart and Koinbx exchanges combined. When the trading volume is low, there is poor liquidity, meaning one cannot easily buy or sell the coin without significantly affecting its price.
Fake Company Address:
Some sources claim that the company address provided by Kibho is not accurate. A legitimate business must have a physical address that can be verified and accessed.
Negative Reviews
Many negative reviews have been written about this platform on the internet. Users were mostly dissatisfied with its legitimacy and transparency, among other things.
Lack of Track Record
In terms of cryptocurrency market history, Kibho has no track record at all. Typically, established cryptocurrencies demonstrate development progress over time, engage communities around them more frequently, and make technological breakthroughs — none apply here.
These points strongly indicate that putting money into a kilos token sale would be unwise; thus, investors must exercise caution when dealing with such sites and always do thorough investigations before investing their cash.
Many Negative Videos Found Related to Kibho Scam
What is Kibho Cryptocurrency Value
Kibho cryptocurrency is a fake digital asset without registration with any financial or regulatory institution. It doesn’t exist on credible cryptocurrency exchanges. There is no proof behind the words of their website, which claims to be a “decentralized cryptocurrency” on the “Binance Smart Chain.”
These coins are worthless. If anyone gives you Kibho coins, don’t take them. You can’t sell or use them for anything, and investing in Kibho will probably cause you to lose money.
What to do if you lose money in Kibho Coin in India
Below are some steps that you can take if you have lost money in Kibho Coin:
Report to Authorities:
Complain with the nearest police station or cyber crime cell, giving them all the necessary details, like communication, transaction records, etc, as evidence.
Inform Financial Regulators:
Notify financial regulatory bodies such as the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI).
Consult Legal Help:
Contact a lawyer specializing in finance-related frauds/cybercrimes who will advise on legal options available and assist in filing cases against those responsible for causing such loss.
Notify Your Bank:
Inform the bank about this fraudulent activity so that they can provide their support for recovering money back again or any other necessary assistance required.
Spread Awareness:
Share your experience through social media platforms or online forums, which will act as an alert system preventing others from falling victim, too, while also creating a climate where joint action is taken against these criminals.
Talk To The Exchange Support Team If Applicable:
Get in touch with the support desk of the exchange where the Kibho coin was purchased since they might have specific policies for dealing with such cases and possible assistance provisions.
Keep An Eye On Your Accounts:
Be vigilant over all financial accounts you hold; if any unusual activities are noticed,, then immediate reporting should be made to the bank concerned and relevant investigating agencies.
Join Support Groups:
Seek out scam victim communities online or offline, where you will meet people who’ve undergone similar situations and can offer emotional care and practical advice based on their encounters.
Stay Updated About Them Know How’s:
Equip yourself with knowledge regarding various cryptocurrency scams plus prevention measures, thus enabling better decision-making abilities when making future investments while safeguarding current ones.
Lodge Complaints With Consumer Protection Authorities:
Lodge a complaint with the National Consumer Helpline (NCH) for further assistance in dealing with financial fraud in India.
Conclusion
Kibho is a pyramid scheme that falls under Multi-Level Marketing (MLM), and income generation largely depends on recruitment. To be part of the game, one has to pay INR 500, which will be used to buy Kibho tokens that must be held for 100 days to get a 1.66% return.
Generally, the structure of this profit involves widening an individual’s downline, who is then expected to refer others within 25 levels, each earning them commissions.
However, apart from watching advertisements and winning prizes like electronics and cars to reach specific milestones about referrals made, there seems to be little profitability or sustainability in the business model designed by KIBHO overall.
It also carries significant risks due to being an MLM system operating at low trade volumes coupled with few exchanges plus a lack of control from regulators towards its activities, thus posing a danger not only to financial investment but also to personal safety against frauds who may come along claiming such deals exist.
Therefore, potential investors need to exercise caution while considering this opportunity and conduct a thorough investigation, knowing they might lose their money unnecessarily too soon.
