Piggy Bank Review – Legit Or Scam?

Piggy Bank ReviewRecently, Piggy Bank has been getting a lot of hype on the internet.

I have had people pitching this one to me on a near daily basis, in fact, and I have seen it making the rounds on social media as well.

I want to make it clear I am NOT promoting this business opportunity as an affiliate or distributor in any way.

I have done all my research in this Piggy Bank review do you can learn the honest truth and decide if it’s right for you.

Is Piggy Bank a scam? Is it legit?

Can it really deliver on it’s promises?

Let me tell you in my Review Piggy Bank.

Let’s get started.

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Seriously, What Is Piggy Bank?

On the official website for Piggy Bank, you won’t find any background information relating to who’s behind the company. As much as I looked around, I was unable to find any mention of who runs Piggy Bank, where it’s based out of, or when it was founded.

The domain name for Piggy Bank’s site was registered on June 2 of 2017, but the private nature of the registration means that there’s no way to tell where this physically took place or who the owner of the domain is.

Also, despite the domain registration taking place last year, Piggy Bank uses its site to say that it’s history “goes back to the year 2000.”

Alexa traffic for Piggy Bank

’s site indicates that the company just launched earlier this January, and while there is a UK incorporation present on Piggy Bank’s site, it’s highly unlikely that the company is based in the UK seeing as these incorporations are incredibly cheap and easy to create.

Piggy Bank Scam

What Products Does Piggy Bank Sell?

If you were hoping for a fleshed-out product line with Piggy Bank, I’ve got some unfortunate news.

There is no product line.

No goods or services are offered to retail customers, and as such, there’s no chance for retail sales activity to take place.

The only thing affiliates have to offer to individuals is the affiliate membership itself, and the biggest draw to this is the attached income opportunity.

In my experience, this is something that’s only seen with MLM entities that exist as schemes and scams.

Info On The Piggy Bank Compensation Plan

If you join Piggy Bank as an affiliate, you’ll be asked to invest real money so you can get a “guaranteed profit.”

There are a few different investment tiers that you can choose from, and they include:

  • Affiliates that invest 0.001 to 4.999 BTC earn a daily ROI of 3.12%
  • Affiliates that invest 5 to 7.99 BTC earn a daily ROI of 3.36%
  • Affiliates that invest 8 to 12.99 BTC earn a daily ROI of 4.32%
  • Affiliates that invest 13 to 100 BTC earn a daily ROI of 5.28%

Investments with Piggy Bank do not expire, but a 7% fee is charged whenever a withdrawal is made.

Referral commissions are also available to affiliates, and with this, members can earn a 5% commission on level 1 recruits and 2% on level 2.

In addition to this, Representatives for the company can earn 7% on level 1 and 3% on level 2. Unfortunately, there’s no disclosure in regards to what affiliates have to do if they’d like to become a Representative.

How Much To Join Piggy Bank?

You can join Piggy Bank for free, but doing so will limit you to earning on only referral commissions. If you want to earn on these and the offered ROI, you’ll need to make an investment of at least 0.001 BTC.

Seriously, Is Piggy Bank A Scam Or Is This Legit?

As I am sure you have heard with most business opportunities, there are a lot of scams on the internet, and Piggy Bank might be a scam with them.

Having read the review above, you might be wondering if Piggy Bank is legit or completely a scam.

So, is it a scam?

Is Piggy Bank a scam, or can you make a proper business with it?

Honestly, Piggy Bank isn’t a complete scam, but there are definitely some things to be aware of (see the conclusion section).

Whether you decide to join or not, you really need to master your marketing and lead generation.

This is the only way you will be successful.

See below for help with making money online.

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Here’s My Piggy Bank Final Thoughts!

Per the Piggy Bank website:

“Cryptocurrency mining with Piggy Bank Limited give a real possibility to earn money on the basis of minimum deposits.”

This is a theme that’s touted with a lot of MLM opportunities, but as the story often goes, there’s no proof that this mining is really taking place.

Instead, the only funds actively making their way into Piggy Bank are that of affiliate investments. New money is invested, it’s recycled and used to pay ROI liabilities owed to other members, and we end up with a Ponzi scheme.

Like all other Ponzi schemes, most everyone that gets involved with Piggy Bank will end up losing out.

Recovering lost funds will be impossible, only the admin(s) behind the curtain will earn anything of value, and as such, there’s no reason for you to get wrapped up with this one.

Hopefully, you have enjoyed this Piggy Bank Review.

I wanted to give you this in-depth review because there have been plenty of other Piggy Bank reviews that don’t really give all the information you need.

If you do decide to join, I want you to be successful, so learn how to market yourself properly.

My FREE training below will help you market and earn money!

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