Hextracoin – Is This A Good Opportunity Or A Big Scam?
In the last few weeks ago, HextraCoin has been getting a lot of attention in the marketing network circles.
With all this hype, I am very sure you have seen some of your friends trying their best to sell HextraCoin in your social media feeds.
But the first thing you need to know about me is that I am NOT an affiliate or distributor of HextraCoin.
So I wanted to gather all the necessary information about HextraCoin in my HextraCoin Review for you to decide on joining HextraCoin.
Is HextraCoin legit or a scam?
Will it be able to deliver on its promises to you?
Let me show you some of my unbiased review of HextraCoin.
Read more below to find out what you need to know.
What The Heck Is HextraCoin
Whenever am reviewing an MLM opportunity, the first thing that I do is to search around for background info for any company in question. This helps me to build a better idea of who’s an entity and just what an opportunity is all about, and it’s somewhat critical is establishing the first impression.
With HextraCoin, that first impression is incredibly poor.
Try as I could, I simply couldn’t find any form of background information at all anywhere on the company’s official portal. There is no indication as to who founded it on their page, when it was launched, where in the world it’s being run out of, etc.
It is visible that the domain (hextracoin) 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 Product’s?
Typical of the company that is as anonymous as this HextraCoin.com, you won’t find any product line here.
Nothing is being marketed or sold to retail customers, and because of this, there’s 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 of opportunity, affiliates that join HextraCoin are asked to invest real money so they can then earn an advertiser 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 of all of the plans:
Any Affiliates that invest up to $100 – $1000 earn ROI for 239 days
Affiliates that invest up to $1010 – $5000 earn the ROI for179 days, as well and also a daily bonus of 0.15%
Affiliates that invest $5010 – $10,000 earn ROI for 120 days, as well also a daily bonus of 0.25%
Affiliates that invest $10,010 – $100,000 earn ROI for 99 days, as well also a daily bonus of 0.3%
Any Affiliates is eligible to earn back the amount of money they initially invest after the waiting through a maturity period, but HextraCoin does not exactly disclose how long this maturity period is.
and Lastly, affiliates also have a chance to earn on referral commissions.
Referral commissions are organised via a unilevel system, and they’re paid out when affiliates recruit other individuals that also choose to invest into HextraCoin.com.
HextraCoin.com 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 up to the minimum investment of $100 to get started with HextraCoin.com, 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 heard rumours that HextraCoin is a scam?
After reading this review, you might still be asking yourself if it is legit.
So – what is the truth? Is there a HextraCoin scam going on?
If I am 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.
Wrapping all this up, just where does that leave us with HextraCoin?
HextraCoin ends up being nothing but a “lending” scam, telling members that the money they invest is “lent” to the company for them to receive the advertiser ROI.
However, despite all this story that HextraCoin is trying to tell, it’s nothing more than a Ponzi scheme.
Because No product line means that there is no any retail sales activity, and also such, the only money coming into the company comes from affiliates investments. Funds that is newly invested are used to pay off affiliates that they are waiting for their ROI payments, 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.
Majority of affiliates that do 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 not to be held responsible for their actions.
Sounds like a great opportunity, doesn’t it?
I hope you have gained value from my HextraCoin Review.
meanwhile, 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 do decide to join HextraCoin, I want you to succeed in your business. Learn how to market yourself properly!