Looking for a complete unbiased HextraCoin Review?
We put this special post together to help you decide if this company is legit or just another scam!
Is HextraCoin Review A Legitimate Company or Scam? We are here to give you an unbiased opinion about HextraCoin. Please read on for a full review below.
HextraCoin does not provide any information concerning who owns or runs the business on their website.
The website domain of HextraCoin, hextracoin.com was registered on September 9th, 2017 privately.
If an MLM company does not reveal who runs or owns it, think twice before joining and/or investing any money.
Products of HextraCoin
There are no retail products or services. The affiliates only able to market HextraCoin affiliate membership itself.
The Compensation Plan of HextraCoin
The affiliates invest in HextraCoin points on the promise of a ROI.
- invest $100 to $1000 to get a ROI of up to 48% monthly for 239 days
- invest $1010 to $5000 to get a ROI of up to 48% monthly plus 0.15% daily bonus for 179 days
- invest $5010 to $10,000 to get a ROI of up to 48% monthly plus 0.25% daily bonus for 120 days
- invest $10,010 to $100,000 to get a ROI of up to 48% monthly plus 0.3% daily bonus for 99 days
The amount an affiliate initially invested is also returned after each maturity period.
Referral commissions on funds invested by downline affiliates are given out using a unilevel compensation structure.
An affiliate is placed at the top of a unilevel team by a unilevel compensation structure. Every personally recruited affiliate IS placed directly under them.
If any level 1 affiliate employs fresh affiliates, they are put on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliate employs fresh affiliates, they are put on level 3 and so on down a theoretical infinite number of levels.
The payable unilevel levels are capped at seven by HextraCoin cap.
Commissions are given out as a percentage of funds invested across these 7 levels as follows:
- level 1 (personally recruited affiliates): 8%
- level 2: 3%
- levels 3 and 4: 1%
- level 5: 0.5%
- level 6: 0.3%
- level 7: 0.2%
The affiliate membership of HextraCoin is tied to a minimum investment of $100.
HextraCoin is yet another ICO Ponzi lending scam.
An affiliate invests in HextraCoin, which are then lended back to the company in replacement for Ponzi ROI payments.
The company determines how many HextraCoin points an affiliate gets, who determine the present internal value of an individual HextraCoin point.
HextraCoin gets revenue from affiliate investment. It is worthless outside of the income opportunity.
Using newly invested funds to pay off existing investors through the lending trick makes HextraCoin a Ponzi scheme.
An additional pyramid layer is added to the scheme by Referral commissions on downline investment.
One day HextraCoin might be listed on a public exchange, but this doesn’t wipe out the Ponzi aspect of the business.
All it provides is an additional revenue stream for early investors, who are able to pass on otherwise valueless HextraCoins onto new naive investors.
Like all Ponzi schemes, once recruitment of affiliate dies down, new funds entering the system will stop too.
HextraCoin will run out of ROI revenue, ultimately prompting a collapse.
The calculation behind a Ponzi scheme guarantees that most of the investors will lose money.
Aaron and Shara What Do You Recommend?
That being said, if you have never marketed online or offline before, finding people could be very difficult for you.
We also think the startup cost of $100-$999 is pretty steep.
We know when we first started trying to make money online, we failed miserably and we had no idea how to recruit.
That is why, we first started out by learning how to become a good marketers.
If you don’t want to be in a business that costs $199-999 to start and requires you to host home parties or call all your friends and family to buy your stuff no worries.
We have the perfect business for you where you don’t have to recruit, you don’t have to own any product and oh did we mention it’s ONLY $1 to start!!!
The main reason for it is you will learn step by step on how to build a profitable business online and they even cover you for products so you don’t have to create anything yourself…
You will also get a one on one business coach to help you every step of the way.
Anyways, we hope you enjoyed the Review. Please comment below if you are part of this company as our readers would love to know how you are doing.
Also, if there are any products or companies out there you want us to review please let us know!
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