Beware! Binimal has stopped paying! Do not invest there!

Hello everybody! I hope you all enjoyed your weekend whatever it was you were getting up to, because after a (relative) lull in news stories for Sunday it’s looking like full steam ahead again for the new business week. If you’ve been keeping an eye on my monitor then you’ll know that I have a couple of new programs added over the weekend that I’ll be looking at in more detail for you today and tomorrow. Fingers crossed there might even be a few more before the week is finished, but for today I want to start with a new short term HYIP called Binimal. Most experienced players are going to recognize the style immediately, with Binimal following the tried and tested formula of low profit but lightning fast expiry plans accompanied by somewhat more unobtainable higher profits offered to coax bigger and bigger deposits. It’s all a question of separating what can realistically be achievable and making a couple of extra dollars for yourself while the time is still right, and the rest of the plans that are there as much for cosmetic reasons as anything else. It’s not entirely fair to simply include Binimal with all the other short term HYIPs with similar plans however, in fact it’s a superior program in many respects (though still very much a gamble you do have to remember). There’s been some initial enthusiasm for the program since it opened if the feedback I’ve been getting from readers has been anything to go by, so let’s see what it’s all about and whether you think Binimal might be worth taking a chance on or not.

I guess we’ll start as always with the investment plans, which is I imagine pretty much the main reason any of you would be interested in Binimal to begin with. The first of six plans then runs for a term of just 1 single day and makes one interest payment on expiry, a payment that includes your principal. So join today and get paid tomorrow. The minimum cost of joining is $5 and for anything up to a deposit of $500 Binimal offer a return of 104%, or 4% profit. You may make a larger deposit if you can afford to, and expect a higher percentage in return. The rates are calculated as follows:
Deposits of $501 to $2,000 will earn 105%, and from $2,001 to $5,000 will earn 109%. Check the Binimal members area for information on larger investments if interested.

The second plan changes direction slightly as compared to the others. It runs for a term of 2 calendar days, but instead of a single payment on expiry Binimal offer two individual payments on both days instead. You can join for $5, and anything up to $500 gets you back 55% per day. That includes your principal so the total return of 110% is your own money back plus 10% net profit. For larger deposits Binimal offer the following rates:
56% per day (12% profit) on amounts between $501 and $2,000, and 61% per day (22% profit) on anything from $2,001 to $5,000. You can visit your Binimal member’s account area for information on deposits larger than that.

The third plan runs for a term of 5 calendar days and returns to paying you once on expiry. The same $5 minimum deposit is required to join and for anything up to $500 Binimal are paying back 130% interest, a figure that includes your principal so that’s 30% profit for yourself. For anyone brave enough to go further than that then the following rates are offered:
135% for deposits between $501 and $2,000, and 160% for $2,001 up to $5,000. For the rates available to bigger deposits I suggest you see the Binimal members area.

Binimal‘s next plan pays on expiry after a term of 10 calendar days and carries the same minimum cost of joining of $5. The return will be 170% on anything up to a maximum value of $501. If you’re feeling lucky and wish to take a bigger risk then Binimal make the following offers:
Spend from $501 to $2,000 and earn 180%, or from $2,001 to $5,000 for an offer of 230%. Again check out your Binimal members area to see what they offer to investments bigger than that.

As you can see the plans get more and more risky as the terms get longer. So it’s time to maybe start considering how realistic these figures are before getting too excited at the enormous rates available. But at least you can still join for a minimum spend of $5 and for Binimal‘s next investment plan which runs for a 20 calendar day term that can supposedly earn you 270% interest, paid on expiry and principal included, if depositing up to $501. Beyond that the rates are:
300% for $501 to $2,000, and 400% for $2,001 to $5,000. Larger investments are accepted so for information there see the Binimal members area.

Next up is a plan that’s perhaps best avoided unless perhaps deliberately just playing for fun with a minimal amount of money. It runs for 30 calendar days and pays once on expiry. The minimum deposit is $5 and for anything up to $500 the rate being offered is 390%. Higher rates include:
490% for $501 to $2,000, and 750% for $2,001 to $5,000. And if all that doesn’t sound unbelievable enough then check out the Binimal members area for even more amazing figures. However if you do join this plan with let’s say $5 or $10 and Binimal actually do pay you back the 390% that’s offered, don’t kick yourself thinking “if only I’d invested $5,000” because I can assure you the result in that instance is likely to be very very different.

Payment options are more or less what you would normally expect from a program such as Binimal, that is to say most of the popular options are there but don’t expect any others that may have a verification policy to be added. You can join the program using any of PerfectMoney, Payeer, or EgoPay if you favor the more traditional payment handlers, or BitCoin for anyone who prefers dealing with crypto-currencies. Payouts to members are made manually by the admin and so need to be formally requested from inside your private member’s account area. According to their FAQ the admin asks you to allow anything up to 72 hours for all withdrawals to be processed. In reality I think most investors know that if a withdrawal ever comes even close to taking that long to be processed then it most likely spells the end of the program, as speed is 100% vital for short term HYIPs like this one. With that in mind I’m pleased to report that so far all of my own withdrawals from Binimal have been exceptionally fast, rarely taking any more than a couple of hours at most.

Moving on to the more technical side of things, this is I suppose really where Binimal trumps the competition. In terms of design you see it’s far superior and looks much more professional. And that’s even despite running off a GoldCoders script (which is of course under license, by the way). Not that I mean anything bad about GoldCoders itself you understand, it’s just that as a generic mass-market product Binimal looks to have put more though and effort, possibly even expense, into looking a lot more professional than most of the other programs using it. The admin clearly hasn’t cut any corners on design, or promotion and advertising either for that matter, so hopefully that will be a good sign for things to come. Also included in the design is a handy profit calculator where you can play around with the numbers and see what you might earn from different deposits in different plans, and live real time statistics on the ongoing deposits and withdrawals to and from the program. Hosting is on a dedicated server with the admin using the services of BlackLotus tech support and protection from DDoS attacks. For an added layer of security the Binimal website also features an extended SSL certificate from Comodo for safer browsing and more secure transactions.

If you still have any further questions for the admin that you think might not have been fully covered here or any account related issues that need to be dealt with then there are several ways to get in touch. On the main support page there is as usual an e-mail ticket submission where you just fill out your contact details with your questions and return it. Fans of social networking sites will also be able to find Binimal with profiles on many of the main sites there such as Facebook and Twitter. This is something else where Binimal has the edge on their competition, because unlike most other HYIPs who simply create social media profiles for appearance sake, Binmal I’m pleased to see is actually making good positive and active use of them. The value and importance of social media marketing seems to be vastly under estimated by HYIP admins in general, so I hope this is something the Binimal admin will continue making consistent use of. For live support Binimal have a Skype account as well as a phone number if you think someone might answer. Regarding the Skype account, there isn’t any working hours posted and nothing to suggest this is a 24 hour service, but it might still be worth your while having a quick look anyway before composing any lengthy e-mails as you just might be able to get a faster response.

A certificate of company incorporation in the UK is displayed on the Binimal website, something that would mostly benefit (though maybe “impress” might be a better word) industry newbies. More experienced industry players – or pretty much anyone that knows anything about business for that matter – will know that this does absolutely nothing to protect your money or guarantee you ever see a profit. Binimal do make the claim that they are trading “binary options” but do nothing to explain what this means or, were it to be genuine, why you can’t lose money while doing it. But then again experienced HYIP players reading this will know better. For the sake of those of you still new to the world of online HYIP investing though I will just finish with the usual warning that this business is all about gambling, gambling sees its share of losers as well as winners, and you won’t always find yourself in the camp you’d prefer to be in. So always set yourself a sensible spending limit that you can comfortably afford to lose, don’t invest in anything where you genuinely do not understand how the admin could possibly come up with the money he promises on the plans expiry (and that goes for every HYIP, not just this one), and if you do decide to join Binimal then try and keep them as a smaller part of a wider more diverse portfolio.

DAILY NEWS FROM THE HYIP INDUSTRY

CRYPTOARBS – SPEEDY WAY TO REDEPOSIT YOUR FUNDS REVEALED

As you might know from the previous article on the Top Five Popular Programs on MNO (click here to read), CryptoArbs has climbed the #1 spot after less than two weeks online. The program is still doing extremely well and with the admin having purchased the banner on the top of the MNO blog for an entire month recently he’s put his money where his mouth is and made me believe that CryptoArbs is fully intended to stay with us for the long haul. It doesn’t take long to make some money with CryptoArbs though, as it’s allowed to withdraw your principal at any time you wish while claiming 3.8%-6.8% interest every day you wish to remain a member. The minimum to invest in CryptoArbs starts from $30 via PerfectMoney, EgoPay, Payeer, or BitCoin. The only thing to keep in mind before joining is that because of the script the program uses you need first to fund your e-wallet in the account area and then re-distribute the balance between the plans you wish to invest in (the higher fixed interest rates will require a higher minimum to invest). More on the deposit and withdrawal process in CryptoArbs can be found in the detailed review of the program posted here, so please check it out before joining. I guess one particular detail was not covered in the review though, and the admin had to issue a special newsletter on how to make the re-depositing process with CryptoArbs easier. So if you’re interested in finding out how this works please refer to the newsletter re-posted below:

“CryptoArbs Newsletter
We wanted to send out a short weekend newsletter as we get this question asked quite frequently. Many of our members ask if there is a way to cancel deposits and re-deposit without going through the whole withdrawal process. The answer is Yes. To do so when you have a cash balance, go the “request cashout” page and instead of sending it to your processor, choose the “action” of “send back to e-wallet”. This will allow you to quickly and automatically send any funds back into your e-wallet to make a new deposit.
For example, you can cancel your active deposit with us by clicking the green circular arrow from your active plans page. This will put the funds into your cash balance. If for any reason you would like to speed up the re-deposit process, you can go to the request cashout page and have it sent back to your e-wallet and you can re-deposit any funds as you wish in a matter of minutes. Your upline still earns his or her referral commission this way. We see many of our members going the manual way on a daily basis and wanted to point out a speedier automatic way for you.
Don’t forget to follow us on Twitter @cryptoarbs
Your CryptoArbs Team”.

MNO TALKBACK – POLL RESULTS AND THE NEW POLL

I guess the time has come to analyze the final results of the latest poll on the MNO TalkBack page and post another question for you to think about over the next week or so.

As the latest unfortunate incident with MaverBet proved again, the programs that are desperate to offer STP manual deposits to their members are doomed to failure, despite the admins being well aware of the consequences of what they are doing. The manual use of STP deposit and withdrawal options should always be seen as a red flag from now on and be treated by investors as such. Moreover, investors always react negatively when a HYIP admin tries to avoid going through the actual STP approval process in favor of tainted second-hand accounts bought on the black market (like MaverBet did) with an obvious intention to scam. Such accounts will always be flagged and possibly suspended by the SolidTrustPay administration and therefore I could never recommend investing STP funds in such programs. But what other readers think about that? This was the question in the last opinion poll that ran on the MNO TalkBack page, or to put it exactly – “What do you think of HYIPs using STP for unapproved manual transactions?”

The results were predictable enough, but still something to be considered by HYIP admins attempting to cheat SolidTrustPay and accept funds without their prior approval in manual mode. An overwhelming majority, 68% in total, answered that they were “against it – there’s no security and accounts can be blocked without warning.” That opinion is very much shared by me personally and if seeing requests to accept STP funds manually I will always warn readers against doing so. Time has proven that if an admin satisfies the SolidTrustPay requirements and manages to persuade STP that he’s running a genuine business, his program will be approved (like we can see with HashPrime, for instance). Two other options of the poll received an equal split of 16% each with the opinion divided between “I don’t care – it’s my money and I’ll take the risk if I want” and “I like it – STP make things too difficult for HYIP” respectively. People thinking this way are quite mistaken in their conclusions on the impact this can have on a program. MaverBet is a clear example of this when they bought a second-hand account.

The new question for the MNO TalkBack poll was suggested by one of my readers on the MNO ShoutBox who was pleasantly surprised with the approach taken by the PiNeverEnds admin. Despite the fact that the program itself was a total failure, the admin clearly stated at all times that his program was a money game, and that he was not investing in anything. Many people found this candid admission quite refreshing after seeing all this Forex and BitCoin mining nonsense on 99% of other sites, which is aimed at nothing other than deceiving newbies or people who stumble across their sites for the first time by accident. On the other hand, maybe it’s necessary for a successful program to have some fictitious sources of income in order to attract bigger deposits and help the program to run for longer. After all, the HYIP industry is a ponzi-based gaming element fed by people’s dreams of fast money falling from the sky and giving everyone a fair chance to win. So the new question you can vote on the MNO TalkBack page for the next week to ten days or so will go like this:

Are you more inclined to invest in a program that admits to being a game or a gamble?

1) Yes, I like when the admins are open about what they are doing. More people will realize how it all works and invest only what they can afford to lose.
2) No, I believe HYIPs need a background story to encourage bigger spenders which will keep the program alive for longer and allow more people to earn a profit.

As you can see, the two options are diametrically opposed to each other, and I hope the eventual answer might help admins determine if a program should tell stories about their income sources or just be run as a plain and simple money-game which all their programs essentially are anyway.

GET PAID REPORT FOR 29/09/2014 

Here is the list of the programs from my monitor that paid me for the last 24 hours:
From MNO Sticky list: –
From MNO Premium list: CryptoArbs, 2FXLtd, AssuredAssets, TradingAllianceLimited, HashPrime, LaxoTrade, Binimal, Anancias, EastOil, BrinoGmbH, SentinelsX.
From MNO Standard list: –
From MNO Basic list: ZeusInvest, OgdenOrganization.

That’s all for today, guys. If you wish to read the detailed review of SentinelsX which is the most recent addition to the MNO Premium List and one of the most original programs I’ve seen for a while please check out my blog tomorrow when it’s going to be reviewed in detail along with all the latest news from the HYIP industry. Thanks for reading and see you all tomorrow!