Lendex Coin Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that Lendex Coin is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about Lendex Coin, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting Lendex Coin as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about Lendex Coin in my Lendex Coin Review – now you can learn all you need to know about it.
Is Lendex Coin really a legit business?
Is Lendex Coin a safe business to join?
Let me show you in my review of Lendex Coin.
Get started by reading my review below.
Exactly What Is Lendex Coin?
With LendexCoin, we’re looking at yet another entry in the MLM space that is about as faceless as they come.
The appearance for LendexCoin’s website is good enough, but when it comes to concrete background information, it’s totally lacking.
There isn’t any mention of who owns LendexCoin, when it was founded, where it’s based out of, or anything along these lines.
I can see that the domain name for the company’s site was registered on November 9, 2017, but even this turns out to be a dead end.
Because the domain was registered privately, there’s no way of knowing where the registration too place or who the owner of the domain is.
What Is The Lendex Coin Product Line?
On the product line side of things, LendexCoin doesn’t have much of anything to offer.
You won’t find any goods or services being sold to retail customers, and because of this, it’s impossible for there to be any retail sales activity.
Affiliates for LendexCoin are left with only the affiliate membership to offer to individuals looking for a new income opportunity, and this is usually something that’s only seen with schemes and scams in the MLM underbelly.
What Can You Tell Me About The Compensation Plan For Lendex Coin?
If you decide to join LendexCoin, you’ll need to buy LDX points from the company that cost between 80 cents and $1.20 each.
After buying so many of these points, you’ll then be tasked with lending them back to the company’s owners so you can start earning a monthly ROI that pays up to 48%.
Affiliates are given a few different tiers of investment to choose from, and they work out as follows:
- Earn a daily ROI for 299 days after investing $100 to $1000
- Earn a daily ROI and 0.1% bonus after investing $1010 to $5000
- Earn a daily ROI and 0.2% bonus after investing $5010 to $10,000
- Earn a daily ROI and 0.25% bonus after investing $10,010 to $25,000
- Earn a daily ROI and 0.3% bonus after investing $25,010 to $100,000
To supplement the money that’s earned here, LendexConi also allows its members to earn on referral commissions.
Referral commissions are paid using a unilevel system, and this allows affiliates to earn the following rates:
- 8% commission on Level 1
- 4% commission on Level 2
- 2% commission on Level 3
What Will It Cost To Join Lendex Coin?
If you want to join LendexCoin, you can do so for free and limit yourself to earning on just referral commissions.
Should you want to earn more, however, you’ll need to make an investment of at least $100 to be eligible for the offered ROI.
Is Lendex Coin A Scam?
If you have heard that Lendex Coin is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is Lendex Coin a scam?
I would say not exactly. However, there are some things to be aware of before joining, which I have detailed in the conclusion.
You will only be successful by recognizing the weaknesses and finding a way to move past them.
Conclusion For My Lendex Coin Review
LendexCoin touts itself as being “the next logical step in crypto technology” and claims it can generate funds for its ROI thanks to an “automated trading bot.”
This is something that’s thrown around a lot in the MLM space, and as we see quite often, there’s no proof or evidence that this trading bot actually exists.
Instead, the only source of verifiable income for LendexCoin is that of affiliate investments.
As new members join, the money they invest is recycled and used to pay ROI liabilities owed to other members.
Because of this, the company ends up being a Ponzi scheme.
Like all other Ponzi schemes, LendexCoin will collapse once investments stop coming in. Most people will lose out while the anonymous admins make off with the lion’s share of the cash, and recovering lost funds will be next to impossible.
I definitely hope you have found value in my Review of Lendex Coin.
I went into a lot of detail so that you can make a proper decision about whether you want to join or not.
If you do decide to proceed with Lendex Coin, make sure you take the time to learn how to market yourself!
My training below can help you with that.