LendexCoin Review – Legit Or Scam?

Lendex Coin ReviewHas someone approached you lately about joining LendexCoin?

This doesn’t surprise me – it’s been getting a lot of hype in the last couple of week, with people pitching it all the time.

First, let me make one thing clear – I am NOT in any way affiliated with LendexCoin.

I simply wanted to gather all the details here for you in my LendexCoin Review so you can make an informed decision.

Is LendexCoin truly a scam?

Does it really work like the marketing materials say it will?

Read on to find out in my Review of LendexCoin.

Let’s get going!

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What The Heck Is LendexCoin?

In the case of LendexCoin, there’s hardly anything to see in regards to background information on the company. The LendexCoin site doesn’t reveal who its owner is, where it’s located, when it was founded, or anything of the sort.

Having readily available background information is key in the MLM space, and the fact that LendexCoin seems to have completely ignored this isn’t reassuring in the slightest.

The domain name for LendexCoin’s site was registered last year on November 9, 2017, but since the registration was done privately, it’s impossible to see where it took place or who the owner of the domain is.

Aside from that one little nugget, there isn’t anything else to see.

LendexCoin Scam

What Can You Tell Me About The LendexCoin Products?

As for the product line that LendexCoin is offering, this is another area where the company falls flat.

You won’t find any goods or services being sold to retail customers, and because of this, there’s no chance for retail sales activity to exist.

The only thing affiliates can offer is the affiliate membership itself, and as the story often goes, the main draw to this is the attached income opportunity.

Income opportunities are fine to have in the MLM space, but when you see them being offered without an accompanying product line, that’s when the alarm bells should start to go off.

What Can You Tell Me About The LendexCoin Compensation Plan?

Moving right along to the compensation plan, LendexCoin affiliates are asked to purchase LDX points from the company’s owners.

These points cost between 80 cents and $1.20 per each point, and after you purchase so many of them, you’ll need to lend them back to LendexCoin so you can start earning on the advertised ROI.

Affiliates can earn a monthly ROI that goes up to 48%, and the available investment tiers are as follows:

  • Members invest $100 to $1000 so they can earn a daily ROI for 299 days
  • Members invest $1010 to $5000 so they can earn a daily ROI and 0.1% bonus for 239 days
  • Members invest $5010 to $10,000 so they can earn a daily ROI and 0.2% bonus for 179 days
  • Members invest $10,010 to $25,000 so they can earn a daily ROI and 0.25% bonus for 119 days
  • Members invest $25,010 to $100,000 so they can earn a daily ROI and 0.3% bonus for 89 days

Along with this, LendexCoin affiliates also have the opportunity to earn on referral commissions.

Referral commissions are paid thanks to the use of a unilevel system, and this allows people to earn 8% on Level 1, 4% on Level 2, and 2% on Level 3.

Are There Membership Fees For LendexCoin?

You can initially join LendexCoin for free and earn on just referral commissions, but choosing to invest $100 or more will allow you to earn on these and the advertised ROI.

Is LendexCoin A Scam?

If you’ve come across a review that says LendexCoin is a scam while researching, I wouldn’t be surprised.

A lot of marketers will tell you something is a scam just so they can sell you something else.

So, can you trust those other reviews?

What is the truth about LendexCoin? Is it really a scam, or is it legit?

I would say no, not exactly. However, there are a few things in the business you should be aware of – read on to the conclusion to find out what they are.

Knowing what you’re getting into is the best way to be successful.

See below for my FREE training that will help you make money!

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What’s your Conclusion About LendexCoin?

According to its website, LendexCoin is “the next logical step in crypto technology” and spits out the following garbage:

“In 2010 Bitcoin price was $0.003, and today it is above $14,000. If in 2010 you invested $100 in Bitcoin, right now you would have $500,000,000 sitting in your wallet.

Ok so we missed that boat. Now let’s take a look at the top Lending Platform Coin in the crypto world today.

Most lending coins start at $1, just like the example below: DAVOR… Just think if you had gotten into davor’s ICO for $1.”

No matter what LendexCoin tries to say, what’s important to take note of is the fact that there’s no proof any sort of trading bot exists.

Furthermore, the offer here just doesn’t make sense. If LendexCoin’s admins really did find a way to generate a consist monthly ROI up to 48%, why in the world would they seek investments from random people online?

At the end of the day, LendexCoin is just another Ponzi scheme trying to cash in on the cryptocurrency hype. Most people involved with the company will end up losing out, and when that happens, recovering lost funds will be next to impossible.

In other words, you should seriously look elsewhere for your next business opportunity.

I hope that you are able to use my research in my LendexCoin Review to make a decision.

If you do decide to become an affiliate with LendexCoin, make sure you take the time to learn how to market yourself.

My FREE training can help you.

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

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