Platforms like Payquiz promise to make earning money easy, but signing on to this website might be a waste of your time.
Signing up to Payquiz may seem like a promising way to increase your income, but a few things about this newly-established platform do not quite add up.
The Payquiz red flags
Money is tight everywhere these days and there are hundreds (possibly even thousands) of websites online promising plenty of rewards for completing fairly simple tasks.
This includes the new-to-the-game platform, Payquiz (m.payquiz.top), which claims that users can earn up to $300 monthly by completing quizzes online.
According to the Payquiz site, users who sign up can choose from over 25 quiz categories and then have 60 seconds to answer as many questions as they can to earn gold coins. These gold coins can then later be converted into real-world currency.
But while this seems like a pretty easy way to generate a little extra income, this platform does have quite a few glaring red flags which indicate that these promises may not be as good as they seem.
Red flag 1: The Payquiz domain is still very new
A quick search of the m.payquiz.top domain on the directory, Whois, reveals that this domain was only registered recently, on 20 March 2024 and expires in one year’s time.
And while there is technically nothing wrong with simply being a new platform, it is always safest to wait a while to confirm that a new platform is legitimate before you start investing your own time or money.
The platform also only has one (3.4-star review) on Trustpilot. And, this review does not confirm whether the platform is legitimate or not.
It is also worth mentioning that several cyber security experts have accused the registrar of Payquiz, Chengdu West Dimension Digital, of being a registrar that misuses bulk registration for alleged criminal activity.
Red flag 2: The website content
If you are online a lot, you might get a sense that something is just not right with certain websites. And, unfortunately in the case of the Payquiz platform, there are several factors that stand out as odd.
For a start, the website’s layout does not automatically adjust to the device that you are using. But there are also a few design inconsistencies and a few obvious spelling and grammar issues, throughout.
Red flag 3: The fine print
Promises that seem too good to be true should always set off alarm-bells when it comes to online money-making schemes.
But, even if Payquiz’s promise of returns is true, what the platform does not mention alongside its ‘2 million user, $500,000 withdrawal’ – promise, is that you will need to earn at least 200,000 gold coins, to even start withdrawing your “earnings”.
