Welcome to my CoinXtract Review!
There has been some buzz about this passive income opportunity and I decided to take a closer look.
Chances are someone approached you about the business opportunity and you landed here to make sure it’s legit.
The good news is I am going to walk you through the company, products and compensation plan so you can make the right decision.
Just PAY close attention and read this to the end…
CoinXtract Review (Company)
When you land on their website, they have no information on who runs or owns it.
All they talk about is how CoinXtract, Inc. was founded in 2016.
Which is alright, but when I looked at the domain registration on “coinxtract.com” it was privately registered on September 5th, 2019.
Now I checked out Way Back Machine and there was nothing there either.
The registration was updated on August 9th, 2020.
I have a feeling that is when this website was operational.
They have a picture of a photoshopped office building but no address anywhere on the website.
They don’t even have a “contact us” section…
Another big flag is their partners section…
You can’t be partnered with actual cryptocurrencies…
They are not companies…
Whoever put this together slacked a bit…
CoinXtract Products
CoinXtract has no retail products or services, but you can promote the affiliate membership.
What you can do is become an affiliate and promote their affiliate membership.
On top of that you can invest in the company to earn a passive return.
Other companies I reviewed that are very similar are Speed Mining Pro and WiseLing.
CoinXtract Compensation Plan
CoinXtract has affiliate invest bitcoin into the company on a promise you will get a ROI after 15 days.
- Investment Plan – invest $100 to receive a 2.5% daily ROI for 15 days.
After 15 days, you can withdrawal the profit you made.
After 30 days, you can withdrawal the actual investment.
There is no maximum amount you can invest.
Their referral program is just a one tier affiliate program where you can earn 10% on your personally sponsored affiliates invested funds.
There are no residual commissions in this company and no other bonuses after the first investment.
You can refer as many people as you want.
Cost To Join CoinXtract
Cost to join CoinXtract is free as an affiliate, but if you want to earn passive returns you must invest $100 in cryptocurrency.
They are advertising bitcoin the most.
There is no maximum limit.
Unlike all the other CoinXtract reviews out there I am going to keep it real with you.
PAY close attention…
Final Verdict
So does the CoinXtract scam exist?
Well let’s just look at the facts…
We don’t know who runs or owns the company…
Plus claiming you were in business since 2016 but your website domain wasn’t even registered until 3 years later doesn’t help either.
Plus that photoshopped office building with no contact information puts the icing on the cake.
So what happened to the cryptocurrency mining and trade they are claiming?
Well of course they don’t have any proof of that…
But did you really expect anything else?
Only income I see coming into the company is newly invested funds paying off existing members.
Which makes this company another ponzi scheme.
Heck they don’t even have any kind of financial regulator registrations or even a corporation number.
This company is just one big red flag.
I can’t recommend it obviously lol.
I hope you enjoyed my CoinXtract review and if you have any questions feel free to ask in the comments below…
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-Jesse Singh
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