HextraCoin Review – Legit Or Scam?

HextraCoin ReviewHave you been paying attention to all of the hype for HextraCoin?

If you told me someone had pitched the opportunity to you lately, this wouldn’t surprise me. It’s making all the rounds on social media lately.

Next, I want to tell you that I am neither an affiliate or distributor for HextraCoin – I want to give you an unbiased opinion.

Is it a scam? Can you trust HextraCoin?

Read all about it in my HextraCoin review so you can learn the full truth!

Does it deliver on the promises in the marketing materials?

Let me explain in my review of HextraCoin.

Let’s carry on.

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What Can You Tell Me About HextraCoin?

Looking through HextraCoin’s website, you won’t find any background information in the slightest for the company. There isn’t any mention of who owns HextraCoin, who founded it, where it’s being run out of, or anything along those lines.

I did manage to find a domain name registration for the site, indicating that the domain was registered privately on September 9 of this year.

Unfortunately, due to the private nature, there’s no way of knowing who owns the domain or where the registration physically took place.

HextraCoin Scam

Does HextraCoin Offer Any Products?

In regards to a product line, you won’t find anything at all with HextraCoin.

No goods or services are being marketed to individuals, and because of this, there’s no chance for retail sales activity to take place.

Retail sales typically act as the backbone for any legitimate MLM startup, so not having them with HextraCoin is concerning to say the least.

What Kind Of Compensation Plan Does HextraCoin Have?

Moving right along to the compensation plan, affiliates for HextraCoin are told that they can earn an ROI by simply investing real money into the company.

Affiliates are given a few different investment tiers to choose from, and they work out as follows:

  • Choosing to invest between $100 to $1000 pays a monthly ROI of 48% for 239 days
  • Choosing to invest between $1010 and $5000 pays a monthly ROI of 48% and a daily ROI of 0.15% for 179 days
  • Choosing to invest between $5010 and $10,000 pays a monthly ROI of 48% and a daily ROI of 0.25% for 120 days
  • Choosing to invest between $10,010 and $100,000 pays a monthly ROI of 48% and a daily ROI of 0.3% for 99 days

In addition to the above payouts, HextraCoin also says that affiliates can earn back the amount of money they initially invested once a maturity period passes. However, at the time of writing this review, it’s not entirely clear as to just how long this period actually is.

Referral commissions are also offered within HextraCoin, with these being paid out through a unilevel system.

Affiliates are compensated here for recruiting other individuals that also choose to invest into HextraCoin, and the unilevel system pays down to seven levels deep of recruitment.

What Is The Cost Of Membership With HextraCoin?

If you’re for some reason interested in what HextraCoin has to offer, you’ll need to make an investment of at least $100. Additionally, choosing to invest more will increase your overall potential to earn throughout the comp plan.

Should I Be Worried About A HextraCoin Scam?

Every business opportunity on the web has good reviews and bad reviews – so is HextraCoin really a scam?

Is there a HextraCoin scam or is this business legit?

If I am being honest, I’d say it’s not really a scam, but there are some important points to be aware of.

Learning the business weaknesses and having a strong marketing strategy is what will make you successful.

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Conclusion for HextraCoin

This might seem like a shorter review, and that’s because it is.

Simply put, there’s nothing special or unique about HextraCoin that we haven’t seen a million times already in the MLM underbelly.

Affiliates join the company by investing money, and this activity then allows them to earn ROIs (monthly and daily in this case).

HextraCoin tries to sell the idea that the money affiliates invested is “lended” to the company in return for the ROI payments, but in reality, this is just your typical Ponzi scheme.

Newly invested funds are immediately turned around to be used to pay ROIs that are owed to other members and (of course) the anonymous admin(s) running HextraCoin.

Like all other Ponzi schemes, HextraCoin will collapse once this investment activity eventually dies down. This will result in affiliates not being paid the money they’re expecting, and at this point, the admin(s) will simply make off with whatever they’re earned during the run of the company.

I hope you are finding the information in my HextraCoin Review helpful?

Some of the other reviews I saw had very little details, so I am hoping I gave you everything you need here.

If you’re wanting to become a member of HextraCoin, make sure you take the time to develop a marketing strategy.

And, my FREE training below will help you do that and make money!

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

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