Welcome to my review of Stable One.
Stable One claims to be the best and most effective way to invest in crypto stablecoins within a De-Fi environment.
If you would like to learn more about Stable One you have come to the right place because in this review, we discuss how the platform works, its pros and cons, and whether it is legit.
Before I start…
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Stable One Review
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Introduction to Stable One
Stable One markets itself as an enhanced hybrid ROI platform that’s built based on the Polygon network. It is designed for trading stablecoins.
The platform further claims that it should benefit you as an investor for a period of 7 months or more.
Stable One purports to have the following key features: cheap transaction fees, large audiences, and mature investors.
There are certain rules they have set that you should follow when you are investing.
For example, the minimum amount you can invest is 0.05 MATIC and the minimum withdrawal amount is 0.02 MATIC. Obviously, there is no maximum amount that you can invest. The ROI is 7% daily for 30 days.
Other features include…
- 10% imposed on every investment
- 6% on re-investment
- 21% auto reinvestment everyday
- 25% reinvestment on withdrawing
Other platforms that work like this include Bitcoin Frontiers and Crypto Coin Sniper.
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Who Is Behind Stable One?
On its website, there is no mention of who is actually behind the Stable One platform. After looking into it, we found that the platform registered the domain very recently.
The domain was registered on 2022-01-17 and it will expire on 2023-01-17. Additionally, we have found that there is no mention of the domain registrant.
The domain registrant contact details are not available thus it raises questions as to its legitimacy and reliability.
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How Does Stable One Work?
As per their official website, there are four steps that one has to follow to transact via the platform.
1) First you will need to create an account with Stable One.
2) With an account ready, you can then start making deposits. The deposit amount can vary based on your limits. But bare in mind that there is a minimum deposit amount (there is no cap on the maximum amount you can deposit).
3) With your money loaded up, the next step is to invest.
That’s it! Stable One has a calculator where you can trace the exact amount invested and the corresponding ROI at the end of the tenure.
I should also point out that Stable One has a restriction on the withdrawal process. You will only be allowed to withdraw your funds once every 10 days.
In addition to the aforementioned investment and withdrawal process, Stable One also has a referral program where you can recruit new investors. In return, you earn a referral commission.
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Is Stable One Legit?
No, Stable One is not legit.
Having done my research, I found that the platform has no regulatory approval. On top of that, the fact that we have no knowledge of who runs the platform is a giant red flag. If the platform was genuine, they’d at least tell us who they are.
As for the investments, the only way people earn genuine money is through the referral program. There are no stable coins here for you to buy. This effectively makes it a Ponzi scheme.
Stable One is a platform that only started operating a month ago. Hence, it’s pretty clear that the platform has no name recognition. What’s even worse, they do not have as big a user base as they claim to have, another issue that erodes its credibility.
Stable One Verdict
Stable One is a newly launched platform that claims to offer users the platform to invest in cryptocurrencies (stablecoins). However, on closer inspection, it looks like the only way you can make money is by referring new users. That makes it an illegitimate ponzi scheme.
Stable One isn’t legit, they do not have regulatory approvals, which is why I’d recommended you avoid it.
Before you leave
If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.
It’s helped me earn over $300,000 in the last 12 months alone:
Go here to see my no.1 recommendation for making money online
(This is a 100% free training)
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David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.