HextraCoin Review – Is This A Good Opportunity Or Big Scam?
In the last few weeks, HextraCoin has been getting a lot of attention in the network marketing circles.
With all this hype, I am sure you have seen some of your friends trying to sell HextraCoin in your social media feeds.
The first thing you need to know is that I am NOT an affiliate or distributor for HextraCoin.
I wanted to gather all the information about HextraCoin in my HextraCoin Review in order for you to make a decision about joining HextraCoin.
Is HextraCoin legit or a scam?
Will it be able to deliver on it’s promises to you?
Let me show you in my unbiased review of HextraCoin.
Read on to find out what you need to know.
What The Heck Is HextraCoin?
Whenever reviewing an MLM opportunity, the first thing that I do is search around for background info for the company in question. This helps to build a better idea of who’s behind an entity and just what an opportunity is really all about, and it’s rather critical is establishing a first impression.
With HextraCoin, that first impression is incredibly poor.
Try as I might, I simply couldn’t find any background information at all anywhere on the company’s official site. There’s no indication as to who founded it, when it was launched, where in the world it’s being run out of, etc.
It is visible that the domain (hextracoin.com) was registered earlier this year on September 9, 2017, but since this was done privately, there’s now way of knowing where the registration took place or who the owner of the domain is.
What Are The HextraCoin Products?
Typical of a company that is as anonymous as HextraCoin, you won’t find any sort of product line here.
Nothing is being marketed or sold to retail customers, and because of this, there’s absolutely no chance for retail sales to take place.
The only thing that affiliates have to offer is the affiliate membership itself, and the biggest draw to this is the income opportunity.
What About The Compensation Plan For HextraCoin?
Speaking of the income opportunity, affiliates that join HextraCoin are asked to invest real money so they can then earn an advertised ROI.
There are a few different investment levels to choose from, and each one comes with a monthly ROI of 48%. However, the number of days for which you can earn this is dependent on how much cash you decided to sink into HextraCoin.
Here’s the exact breakdown for all of the plans:
- Affiliates that invest $100 to $1000 earn the ROI for 239 days
- Affiliates that invest $1010 to $5000 earn the ROI for 179 days, as well as a daily bonus of 0.15%
- Affiliates that invest $5010 to $10,000 earn the ROI for 120 days, as well as a daily bonus of 0.25%
- Affiliates that invest $10,010 to $100,000 earn the ROI for 99 days, as well as a daily bonus of 0.3%
Affiliates are eligible to earn back the amount of money they initially invest after waiting through a maturity period, but HextraCoin doesn’t exactly disclose how long this maturity period is.
Lastly, affiliates also have the chance to earn on referral commissions.
Referral commissions are organized via a unilevel system, and they’re paid out when affiliates recruit other individuals that also choose to invest into HextraCoin.
HextraCoin pays down to seven levels of recruitment, and building up as large of a downline as possible will allow you to earn the most here.
What’s The Cost Of Joining HextraCoin?
You’ll need to make a minimum investment of $100 in order to get started with HextraCoin, but if you want to increase your earning potential, you can choose to invest as much as $100,000.
So, Is There A HextraCoin Scam Going On?
Have you been hearing rumours that HextraCoin is a scam?
After reading this review, you might still be asking yourself if it is really legit.
So – what is the truth? Is there really a HextraCoin scam going on?
If I am being perfectly honest, HextraCoin isn’t entirely a scam.
However, there are some things you need to watch out for.
This is how you will be successful in online marketing. See the image below for details.
Finally, My HextraCoin Review And Conclusion!
Wrapping all of this up, just where does that leave us with HextraCoin?
HextraCoin ends up being nothing more than a “lending” scam, telling members that the money they invest is “lended” to the company in order for them to receive the advertised ROI.
However, despite the story that HextraCoin is trying to tell, it’s nothing more than a Ponzi scheme.
No product line means that there isn’t any retail sales activity, and as such, the only money coming into the company comes from affiliate investments. Funds that are newly invested are used to pay off affiliates that are waiting for their ROI payment, and this sort of setup will see most members losing out while the anonymous admin(s) profit considerably./
Just like all other Ponzi schemes that have come and gone before it, HextraCoin will be gone once the investments stop coming in.
The majority of affiliates that get involved are guaranteed to lose out, and the admin(s) behind the show will get the hell out of dodge before anyone’s the wiser as to not be held responsible for their actions.
Sounds like a great opportunity, doesn’t it?
I really hope you have gained value from my HextraCoin Review.
I wanted to make sure you had all the information you needed, because most other HextraCoin reviews are just trying to sell you something.
If you really do decide to join HextraCoin, I want you to succeed with your business. Learn how to market yourself properly!
My training can help you make money online!