It's time to expose Hextra for what is really is in this quick Hextra Review.
I personally lost thousands of dollars in bitcoin lending platforms in the recent months. It is my goal in this post to help you prevent the horrors I have experienced with cryptocurrency.
Imagine think that $5000 would turn into at least $500,000... and then your $5000 is worth $100.
That's what literally happened to me with Bitconnect.
What the heck is going on with these lending platforms?
First of all, I am not an affiliate who is in Hextra and wants to sell you coin.
This lending platform review is going to be unbiased and lay out the whole truth and nothing but the truth.
So Hextra has gained a lot of attention because it is a very profitable cryptocurrency lending platform.
However, is Hextra better than other lendings?
Can Hextra deliver daily returns while keeping the withdraw button?
Does Hextra have any products?
Is Hextra a big scam?
This any much more will be covered.
Hextra Company Information.
So what can you find on the internet about this company?
Nothing.
Just like many other bitcoin lending platforms out there, they have registered a private domain and no one knows who started it.
At first glance it seems like there is no reputable info to back up this system and no one likes to see that.
However, this is the case with many similar lending systems.
hextracoin.com was registered on September 9, 2017. Again this was done in private and you have no idea about the owner or where the company is run out of.
Hextra Products.
If you were hoping for some retail selling, think again.
Hextra has no real product other than their coin might go up in value if you buy it. But you never own it and the company could get hit like bitconnect did.
As a promoter or affiliate marketer, your only option os to share the affiliate membership on its own. There is nothing to sell other than daily returns based off a shady company.
Hextra Income Opportunity.
Here is the deal-io as far as earning more money than what you put in. You invest a certain amount and you are promised a daily return.
It's the exact same thing as a bank. That take your money and make money money with it.
Only banks suck and are power hungry paying you 0.01% yearly for trusting them.
With lending platforms, at least they pay you better than Bank of America or Chase.
Here is the exact earning breakdown in Hextra:
1 - Affiliates that invest $100 to $1000 earn the ROI for 239 days
2 - Affiliates that invest $1010 to $5000 earn the ROI for 179 days, as well as a daily bonus of 0.15%
3 - Affiliates that invest $5010 to $10,000 earn the ROI for 120 days, as well as a daily bonus of 0.25%
4 - Affiliates that invest $10,010 to $100,000 earn the ROI for 99 days, as well as a daily bonus of 0.3%
5 - Affiliates are eligible to earn back the amount of money they initially invest after waiting through a maturity period, but HextraCoin doesn’t exactly disclose how long this maturity period is.
Very BAD!
BAD!
BAD!
BAD!
This means that they are not as good as making money as Bitconect or more popular lending platforms because at least in other systems, you can have your capital released when you want.
Hextra Affiliate Program.
Unilevel structure which means you simply need to recruit people wide. You earn when other people invest into Hextra for returns.
They pay 7 levels deep.
Hextra Minimum Investment
You lowest starting point is $100.
Is Hextra Coin A Scam?
No, but it can disappear at ANY moment due to laws, compliance, affiliates that are out of your control spamming "Guaranteed 1% daily"... and all sorts of stuff like that.
Hextra is not a scam but its not safe either. Bitconnect is going down, USI Tech is going down, Bitreserve is already gone.
What makes you think that these lending platforms in 3rd world countries are safe to put your money into.
Hextra Review Conclusion
You are free to make your decisions, however, any lending platform is a bad idea during 2018 because we simply don't know if they will be around for a long time.
This company maybe as honorable as the as the samurai... but, it does not matter.
The fact of the matter is that Hextra has no products and that means by definition, Hextra is a ponzi scheme.
HextraCoin ends up being nothing more than a “lending” scam, telling members that the money they invest is “lended” to the company in order for them to receive the advertised ROI.
However, despite the story that HextraCoin is trying to tell, it’s nothing more than a Ponzi scheme.
The only money that comes in is really from the affiliate sales or what the company can bring in.
With no products this is actually a security. If you in the US or Canada, you will be screwed joining Hextra in the near future.
Literally, the moment investments slow down to the point where they don't have enough attrition... they will 404 error your bunz.
Most Hextra review posts you find, are there to take your money and build hextra or another ICO coin scam thats just as shady and has no certainty of existing in 5 years.
Hextra Review Good Graces
I hope these platforms are able to stay around. I got my left nut in these lending platform things too. So I am certainly not someone who calls everything a scam. It would be great to see Bitconnect come back and have USI Tech to add a GOSH DANG WITHDRAW BUTTON.
...but no.
just... no.
The Wallstreet banks and greedy people who control the world do not want people to get rich from the peoples efforts.
We must do it their way... or it's illegal.
Anyways...
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