Xtreme Coin Review – It’s Another Bad Bitcoin MLM Company!

Xtreme Coin is a MLM or multi-level marketing company that markets a cryptocurrency investment program, specifically Bitcoin.

On their official website, however, one can’t find any information about who’s running the company, where it’s located, or even when it was founded.

Third-party research suggested the following details:

• The company’s CEO is Dwayne Golden, who was mentioned in Darren Little’s Xtreme Coin Launch Video on YouTube.
• Dwayne Golden is the founder and owner of Igreso Cybernetico, a cryptocurrency Ponzi scheme that shut down sometime just last year.
• Xtreme Coin’s website was hosted privately on May 30^th 2017, with xtremecoin.com as its domain name. ‘

Xtreme Coin Product Line

Xtreme Coin markets Bitcoin investment, and that’s about it. There’s no physical or digital products involved, or even services.

Let’s get a few things clear here:

• This is not an investment platform that allows you to trade different currencies (crypto or otherwise).
• This is not an investment educational resource either.

You’re buying your way into a tiered system that starts you off with your initial investment. You get a fixed ROI depending on your tiered investment. Then you just have to rinse and repeat.

Does The Product Work?

Investment programs usually have one way of determining if they work or not, and that is to find out if their members have made some money through their program.

Unfortunately, we can’t find any proof or evidence that people have indeed received their promised ROI’s.

It seems that there’s only one way to make money from Xtreme Coin, and that’s through your initial investments.

You get a fixed ROI based on the tier that you signed up for. We’ll talk more about that in the next section below.

How To Get Started with Xtreme Coin?

You have the following options to choose if you want to be a member of Xtreme Coin. As of this writing, 1 BTC is equal to $8,536.59.

1. Sapphire – 0.05 BTC or $426.83
2. Pearl – 0.1 BTC or $853.66
3. Ruby – 0.25 BTC or $2134.15
4. Emerald – 0.5 BTC or $4,268.30
5. Diamond – 1 BTC or $8,536.59
6. Blue Diamond – 4 BTC or $34,136.36
7. Xtreme Diamond – 10 BTC or $85,365.90

Xtreme Coin Compensation Plan

Members invest in the company by purchasing positions in a 2x2 matrix system with 8 tiers. This matrix works by placing the purchasing member at the top of the table, with two positions under them known as the first level. Two positions are further split to have two positions each under them, and so on.

Positions are filled in the matrix when members purchase them and when all 6 positions are filled, the commissions are paid out.

Customers can choose on any tier, depending on how much they are willing to invest.

• Sapphire tier – investment of 0.05 BTC returns the value of 0.15 BTC to affiliates
• Pearl tier – investment of 0.1 BTC returns the value of 0.3 BTC to affiliates
• Ruby tier – investment of 0.25 BTC returns the value of 0.75 BTC to affiliates
• Emerald tier – investment of 0.5 BTC returns the value of 1.5 BTC to affiliates
• Diamond tier – investment of 1 BTC returns the value of 3 BTC to affiliates
• Blue Diamond tier – investment of 4 BTC returns the value of 12 BTC to affiliates
• Xtreme Diamond tier – investment of 10 BTC returns the value of 30 BTC to affiliates

Memberships can also be upgrade with the help of “Executive Club”, which costs 0.15 BTC a year and a commission of 0.05 BTC if you convince another member to upgrade their membership.

This sales video will talk more about the 2x2 system, and how their compensation plan works.

#1 Not Enough Information

As I mentioned above, they don’t have any other information about the company. This doesn’t make me confident in investing in their program.

The lack of transparency means that they are hiding who they are because they don’t want to be liable for anything.

#2 No Product or Service Involved

MLM companies thrive by selling products or services, but this program doesn’t do that. This is actually a huge red flag because money coming in isn’t going towards products or services.

When there are no products or services involved, there’s no other means for the company to generate income.

#3 No One’s Making Any Money

It’s safe to say that there’s no one making any real money at all from this program because no one’s come forward to say anything.

I’m quite surprised that this company didn’t resort to using fake testimonials to hype up their program.

#4 Looks Like a Ponzi Scheme!

I’m emphasizing that this only looks like a Ponzi scheme because of the following red flags, namely having no products or services to sell, and that their compensation plan has you earning through recruiting.

Let me explain the last part here. In order for you to cash out your earnings, you have to have 6 positions filled in your team. It’s either you buy them, or you get people to sign up for those tiers. Those people you sign up then get their own tiers as well.

Even at the cheapest investment tier, you’re looking at more than $2,400 to buy 6 positions on top of your initial investment.

Xtreme Coin is a program that just doesn’t appeal to me, so there’s nothing that I like about it. To be honest, I am wary of any program that has anything to do with cryptocurrency mostly because it’s a difficult niche to get into.

Xtreme Coin appears to be a legitimate cryptocurrency MLM program, but we just can’t recommend this to anyone for the following reasons:

• The lack of transparency doesn’t give me the confidence to endorse this program.
• There are no products or services involved, so there’s no other way for capital to be generated by this company.
• It looks a lot like a Ponzi scheme, by which the supposed owner appeared to be a part of before making this company.
• No one’s making any money at all, and there’s no proof that they did.

I'm not a fan of MLM, not because it's illegal or not profitable, but because of all the restrictions and the expensive costs involved.

Instead, Affiliate Marketing is my top recommended business model for anyone to make money online.

The reason is simple...

• You don't have to recruit anyone to make money
• You have the freedom to promote any products you want and not being restricted to only promote the products from one MLM company
• It's Free to get started

In fact, with affiliate marketing...