Have your friend recently told you about SoicalDM? From where you can earn hundreds of dollars just from inviting others to join the platform? Well, if you have heard these things about Social DM, and want to know if it’s a scam or legit, then you just have come to the right place.
Nowadays, earning money using the Internet has become common. People earn money from the Internet regularly by doing various works online such as freelancing, YouTube, Blogging, etc. However, when you heard about earning money from the Internet by just sharing links and others join through the link, you might be wondering if it’s possible or not.
Well, there are several platforms available online that ‘claim’ to be the #1 social earning platform. And they claim that you can earn hundreds of dollars daily using their platforms.
And Social DM is one of them. It claims to be a social network earning platform where users can earn hundreds of dollars. All you need to do is to invite others to join their platform, and you’ll be able to ‘Make up Upto $500’ a day.
So, is Social DM legit? Or is it another Internet scam going on nowadays? Well, let’s find out.
What is Social DM?
Social DM claims to be the #1 social earning platform. They say that when you join their platform, they’ll give you $40 as a ‘Joining Bonus’, and you can earn up to $15 when others use your referral link to join their platform.
They say that you can earn money from Social DM for joining surveys online. And this way, you can make up to $500 daily through your social media platforms.
When you visit their website, you’ll see that they have claimed to have 690K+ users (Which never changes) and have distributed millions of dollars to the users.
By seeing the numbers, many people will think that Social DM is legit. Or is it? Well, let’s see how it works.
How Does Social DM Works?
Social DM claims to give rewards or real money to the user when they complete surveys using their platform. They also say that you can earn money when you invite other people to join their platform.
So, how does social DM works?
Well, it’s nothing but a referral scheme. You might get different surveys on this platform, but it’s not easy to get paid from Social DM.
Is Social DM Legit, or Is it a Scam?
Now, let me tell you the truth. Social DM is not Legit. It is a scam that has been going around.
You’ll find these types of platforms on the Internet telling you that you can earn money from home by doing surveys and referring others. Well, Social DM is no exception. Because it’s a pure scam that you should stay away from.
When you join Social DM, you might be thinking to withdraw the $40 bonus that you got, right? Well, it’s not that easy. Because there are certain milestones that you need to achieve to withdraw your $40 joining bonus. Here are the things that you need to do to withdraw the welcome bonus.
- Your referral link should get 20 clicks.
- You should invite 10 people through your referral link.
- You should complete 6 surveys or offers.
- You should have at least a $130 referral bonus.
As you can see, it’s not that really ‘Easy’ to earn money from Social DM. You get trapped in a referral scheme that never ends, and you never get your money. Also, you invite others to Social DM, and they get trapped too.
Also, people have claimed that they were never able to withdraw their money from Social DM. So, Social DM is not a legit platform to earn money online.
If you are thinking that if social DM is not legit, then why it’s even there? Why they are running their platform and letting people join? They don’t charge subscription fees, so how do they make money?
Well, they don’t charge a subscription fee from you, but the credentials they get from you are more valuable than the subscription fee.
Because, when you sign-up on Social DM, they collect your personal information like Email and Password. So, without knowing, you are giving them your sensitive credentials. So do other people when you invite them to join Social DM.
And if you use the same email and password for your other social media accounts like Facebook, Google account, Amazon, etc, your accounts will be compromised. So, it’s a really scary thing if hackers get your personal credentials, especially the email and password.
Online Reviews of Social DM
There are various reviews of Social DM available online. You might get both positive and negative reviews from existing users.
When I was going through the Quora answers about Social DM, I was shocked to see that people actually claim to be getting paid by Social DM. And they claim that Social DM is a legit platform. However, it’s not true. Because those are all fake users (Could be from the Social DM team) who are posting good things about Social DM.
However, there are real experienced users as well who have shared that Social DM is a complete Scam, and they were not able to withdraw money from Social DM even after completing the tasks.
Sometimes, online earning platforms could be a trap like Social DM. So, if you were planning to join Social DM, then you should get rid of that thought. Because Social DM is not a legit platform to earn money online. There are other genuine and legit platforms available to earn money online, but Social DM is not one of them. If you found this guide helpful, then you can share this guide on your social media platforms using the share buttons below and alert your friends and family about Social DM. If you have any queries, you can use the comment section below and ask your questions.