Currently, digital marketing is in the middle of witnessing growth, and that too rapid growth. This advancement has also started impacting MLM and the Direct Selling Industries. Multiple platforms have managed to enter the MLM front considering the cryptocurrency market is in the middle of making incredible progress.
The most crucial element in this category happens to be the Kibho cryptocurrency – in this blog, we discuss Kibho and provide all the relevant details to have a good understanding. Stay tuned to find out more.
Introducing Kibho Cryptocurrency:
The Kibho cryptocurrency is an Indian government-licensed platform. The official name of the platform is Kibho Technologies Pvt Ltd and BMUU. The project first received a license back in the month of May 2020 from the Indian government.
The Kibho crypto company is located at Visakhapatnam in the southern Indian state of Andhra Pradesh. Venkatrao Kilaparthi and Nirmala Kilaparthi are the two directors who are primarily responsible for operating the platform.
The Kibho company first launched its platform and then introduced a separate token called Kibho cryptocurrency.
Currently, this token is being traded in the crypto market at a rate that goes up to $33.74. Of course, everyone already knows that the price of crypto keeps changing at regular intervals due to its volatile nature.
Additionally, Kibho does offer digital products such as,
- Kibho Exchange, and
- K Wallet.
Fundamental Details About Kibho Company: A Complete Overview
Before we move further, let’s quickly glance at some of the major Kibho company details mentioned below.
| Company Name | ➼ BMUU and Kibho Technologies Pvt Ltd |
| Country | ➼ India |
| Registered Address | D.NO. 39-33-99, Plot NO MIG-287, Phase-II, Madavadara, Vuda Colony, Vishakhapatnam, Andhra Pradesh, Pin code-530018 |
| Directors | ➼ Nirmala Kilaparthi And Venkat Rao Kilaparthi |
| CIN | ➼ U28999AP2020PTC114616 |
| Incorporation Date | ➼ 28/05/2020 |
| Official Website | ➼ www.kibho.in |
| ROC Code | ➼ RoC-Vijayawada |
| Registration Number | ➼ 114616 |
It is vital to understand that the Indian jurisdiction is responsible for maintaining safety on the Kibho platform. Anyone who is interested in obtaining extra information regarding dealing with this company can quickly obtain detailed statistics about the same from MCA or The Ministry of Corporate Affairs in India.
Business Plan Of Kibho:
Before you get excited about Kibho login or even the Kibho coin price in India, understand how the business plan for the platform works out.
Since Kibho basically operates as a typical MLM company, the entire business strategy of this platform is rooted in MLM. Keeping that in mind, the people who attempt to make vast amounts of profits on the forum also need to join their downline. As a result, anyone who stays successful in actually doing so can quickly obtain a commission in return.
Obviously, the platform gives out the respective commissions in the form of its original and native token, the Kibho cryptocurrency.
Once you have opened an account on Kibho com with INR 500 only, you will get a pair of cryptos, considering you are a brand-new user, irrespective of your gender. Regardless of your gender, you will have to hold these tokens for about 100 days.
In simply doing this, the platform actually provides another advantage to all consumers in terms of profits. Consumers will receive a profit of 1.66% for holding the Kibho coins from the company.
Referrals And Ad View Profits:
If you are interested in referral incomes, then you need to know about your eligibility. Instead of worrying about Kibho coin login details, you need an ID so that you can start your journey on the Kibho platform. Here, the income that an individual is earning entirely depends on their direct referral and their level.
If anyone adds someone else on the platform simply based on direct referrals while the new person who has entered the platform actually activates their new account with 500 bucks, then they will become eligible for receiving a commission.
Any individual can easily obtain commissions of lamps 25 downline levels. On the first level, an individual receives 30 Kibho tokens.
After that, when the same individual refers people to the second level, they become eligible to receive 45 tokens. In this way, anyone can obtain profits up to about 25 levels. Individuals can also receive income by just watching advertisements on the platform.
In such cases, anyone who visits the platform regularly and watches the advertisements can receive two Kibho tokens. As a result, any individual can obtain about 60 tokens easily by just watching all the advertisements of the company for that particular month while already following the income plan monthly.
Awards And Rewards:
There’s no point worrying about ‘Kibho fake or real,’ considering the platform promises transparency. The Kibho platform also offers rewards and awards to its consumers. The platform is entirely based on the level of a person’s achievement.
Kibho provides income via different rewards for enhancing the platform’s growth and distribution. If any individual activates 66 accounts successfully, then they will get ‘Voucher 1’ containing a smartphone.
On the very next level, 132 accounts are activated, and that, in turn, leads to the formation of ‘Voucher 2’ containing a bike. Similarly, if the person succeeds in activating 1584 accounts, then the brand gives ‘Voucher 3’ to the users – this contains a car.
Earning Profits From Kibho Cryptocurrency:
If you are already excited about Kibho and looking up stuff like ‘kibho app download’ or ‘kibho in login,’ or even ‘kibho coin price today,’ then we won’t stop you. But before you get to that, let’s talk about earning profits from Kibho cryptocurrency.
Individuals interested in actually earning profits with the help of Kibho Crypto can just visit the website to register. After the registration process is over, you can easily become a member of the platform.
You just need to pay around 500 bucks to create your Kibho account. While doing so, remember that all consumers will have to to disclose their identities. Once your identity is revealed and you become active on the platform, you will realize that the customers include multiple people in the group.
Kibho actually gives a profit-earning opportunity to its users. You just have to add more people to the platform with your referrals. This way, when you onboard new members on the platform, you will earn some commission. Apart from that, the platform also provides bonus income to their clients as interest when the number of tokens begins to increase in any user’s account.
Of course, these tokens are also volatile in nature, and their value also keeps changing in keeping up with the actual market sentiment. After registering on Kibho, you will get two tokens, as we just mentioned a little while ago. And you can also convert these tokens to rupees.
The Male – Female Dynamics:
According to the different terms and conditions of the company, all users will have to hold to hold on to their tokens for 100 days. Now, this happens to be necessary for obtaining profits from the platform. This naturally makes this whole process and investment system of sorts.
Moreover, if anyone opens up a savings account on the platform, individuals enjoy multiple benefits – the benefits vary depending on your gender.
While the platform gives 150 additional tokens to female users, male users get nothing extra. If anyone brings new customers on the platform with their direct references, then a fixed amount of commission is sent to them after the new customer’s account gets activated.
Kibho Currency Drawbacks
Kibho Currency is a fantastic platform that has some serious pros. Howevevr, the platform is full of drawbacks. In fact, users have reported that the currency could be better than many people deem it to be.
As a result, it is essential for new traders to know all there is to know about the currency in order to make the right decision in the future. Here are some of the most prominent drawbacks of Kibho currency that you need to know about.
Let us dive right in without wasting a single minute more:
Lack Of Transparency
One of the biggest concerns that many people have shown regarding Kibho is its need for transparency. Many users have come forward and have claimed that the crypto brand needs to be upfront about some of the processes that go behind the scenes. This has left questions in every user’s mind. Some users have gone the mile and have termed the project a scam.
Not Listed On Exchanges
Another significant aspect of Kibho that has left people needing clarification is its absence from major crypto exchanges. Unlike its competitors like Ethereum, Dogecoin, etc., Kibho has a limited online presence. This makes people doubt the co’s credibility. Subsequently, it complicates the process of trading. As a result, users tend to steer clear of it.
Website Quality
The major drawback that every user needs to know about is the shoddy website. If you make your way to the website’s main page, you will see that the website is riddled with typographical errors and slow loading time. This makes the website seem unprofessional and detrimental to its growth. Honestly, it is concerning to see the website in such a poor shape.
Claims Of Backing
Kibho is a reasonably new crypto that has hit the crypto shelf. As a result, it needs more support from major crypto websites. As of 2024, Kibho only has backing from Bharatiya Manav Utthan Sanstha or BMUU. Apart from that, the brand needs more credible certification or backing. This can become problematic for people who want to excel in trading.
Audit Score
The final drawback that I list is the general lack of Audit scores. As of now, the crypto only has about 84 out of 100. This is relatively low for a cryptocurrency. As a result, veteran traders stay away from the crypto. Hence, approach the crypto cautiously.
Some Kibho Crypto Alternatives
Kibho is a good applicatipon. Howevevr, the downsides of the application are glaring and cannot be ignored. Hence, It is essential to know some of the alternatives to Kibho that can help you earn moolah without the risks of Kibho.
Bitcoin: Bitcoin is the OG of cryptocurrencies. It was one of the first cryptos of all time. As a result, it is one of the best and most trusted crypto platforms.
Ethereum: Ethereum is another decentralised crypto service that has taken over the trading landscape. Right now, Ethereum is one of the most important cryptos.
Binance: Binance is the final alternative to Kibho crypto. Binance is a terribly underrated cryptocurrency that deserves more recognition than it got.
And It’s A Wrap!
Most of the Kibho reviews online highlight the changing prices and volatile nature of the token or talk about the pros versus cons of Kibho Pay.
But will that help you when you have no information about this new kid on the crypto block? We don’t think so – this is precisely why we decided to check out the coin and discuss the same in detail.
Now, you can easily track the volatile nature of Kibho before you can sign up on the official website. So tell us, what are your thoughts on Kibho? And while sharing your thoughts, feel free to tell us about your experiences with Kibho in the comments below.
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