Exxa Wallet Review – Is Exxa.net Scam or Legit Crypto MLM?

Exxa Wallet Review – Is Exxa.net Scam or Legit Crypto MLM?

Welcome to my Exxa Review!

The future of the economy has arrived with the present of cryptocurrency and blockchains.

And now, this topic is once again discussed in the public.

Have you thought about Exxa and joining this latest opportunity?

Exxa is a crypto currency wallet that you can make money from external arbitrage trading and get your passive returns.

Since there is so much hype of this investment, I have decided to take a closer look at this company.

I am going to reveal the nuts and bolts of Exxa in this review.

This review consists of information like:

  • What is Exxa?
  • How to Join Exxa?
  • How to Make Money with Exxa?
  • What Do I Like About Exxa?
  • What Don’t I Like About Exxa?
  • Is Exxa A Scam?

Before I start, I must congratulate you for spending time to do your own research about the truthfulness of any program.

It is important to check a program’s review before buying it because there are too many scammers online!

I am not associated with Exxa in any way so rest assured that I am not here to sell you anything.

Exxa Review Summary

Product Name: Exxa

Author: Danny Pang, Gregory Ang and Francis Aw

Product Type: Multi Level marketing

Price: Free or minimum $10

Rating: 1/10

What is Exxa?

Exxa is a Singapore based multilevel marketing (MLM) company in the niche of blockchain and cryptocurrency market.

According to WHOIS, the company website was created on March 11, 2010 and the latest update was on May 28, 2019.

It is likely that the current owner took possession over the domain since Exxa officially launched worldwide at the end of September 2019.

And there is not much information can be found in regards to their official website.

The most important thing is to get paid for holding your Crypto in the Exxa wallet!

Exxa was formed with the goal of helping people achieve financial freedom and independence.

How?

By leveraging the game-changing potential of cryptocurrencies through their mobile app.

According to their marketing material, in respect to Exxa’s management team, there are few movers and shakers who are:

  • Danny Pang – Co-Founder
  • Gergory Weng – Co-Founder
  • Francis Aw – Co-Founder

To be honest, what Exxa doing is a very unique yet interesting business which newly growing exponentially in the market.

Here you can simply keep your cryptocurrency, BUT also you can do something way more interesting!

With only a few clicks you can send your cryptocurrency into the trust management.

How to Join Exxa?

To get started, you can join Exxa for free.

But to start earning, the minimum deposit needed is $10.

Besides, you may also subscribe their affiliate membership package with a minimum $300 investment.

This membership is to grant you the eligibility for full participation of Exxa’s compensation plan.

Kindly note that all returns are in Exxa tokens.

However, please note that EXXA token value is still unknown in the public market.

How to Make Money with Exxa?

Since Exxa does not offer tangible products, their compensation plan is mainly based on the affiliate membership you sold.

Switching gears to look at ways to earn money from joining Exxa, the affiliates can earn by receiving return from their investments (ROI) in EXXA tokens.

As advertised, Exaax guaranteed their investor to:

  • Receive 3%-9% monthly ROI for investment of $10-$300
  • Receive6%-19% monthly ROI for investment above $300

Residual Commission 

For this, the sponsoring affiliate receives a commission based on the earnings of downline they have sponsored.

The residual commission is tracked and paid through a unilevel compensation structure.

For instance, the affiliates you personally introduced affiliates will place at the top (Level 1) of a unilevel team.

When Level 1 affiliates did the same as you, refer new affiliates joining the program, these new downlines will place at Level 2 of your unilevel team.

These will repeat until it reaches Level 21 of your unilevel team.

The residual commission offered by Exxa depends on the number of affiliates you have sponsored personally.

  • If 1 affiliate sponsored, you will receive a 100% matching bonus on Level 1
  • If 2 affiliates sponsored, you will receive a 100% matching bonus on Level 1 and 50% on Level 2
  • If 3 affiliates sponsored, you will receive a 100% matching bonus on Level 1, 50% on Level 2 and 5% on Levels 3-15
  • If 16 affiliates sponsored, you will receive a 100% matching bonus on Level 1, 50% on Level 2 and 5% on Levels 3-21

Community Rewards

This rewards are given to affiliates based on the accumulation of your downline investment volume.

The rewards are paid based on the percentage of returns your downline affiliates received.

  • VIP 1 – Achieved $200,000 downline investment volume, you will receive a reward of 5%
  • VIP 2- Achieved three VIP 1 ranked affiliates in three different unilevel team legs, you will receive a reward of 10%
  • VIP 3 – Achieved three VIP 2 ranked affiliates in three different unilevel team legs, you will receive a reward of 15%
  • VIP 4 –  Achieved three VIP 3 ranked affiliates in three different unilevel team legs, you will receive a reward of 20%
  • VIP 5 –  Achieved three VIP 4 ranked affiliates in three different unilevel team legs, you will receive a reward of 20% and extra 10% dividend from company wide returns paid out.

What Do I Like About Exxa?

There is nothing I specifically like about Exxa.

It works in a way much more similar to other app wallet programs such as Cloud Token and S Block.

What Don’t I Like About Exxa?

1. Vague investment information

Lacking of information on how the company manages the investor’s money.

They are not backed by a real and verified trader, only relies on DEVO+ which using market indicators and complex trading algorithmic.

DEVO+ is programmed to trade conservatively and provides a fuss-free way to receive EXXA rewards daily.

Naturally there is also no proof and information at all on who are running behind the scenes.

2. Limited exchange platform

Currently, there’s a limited platform for us to sell or buy EXXA tokens.

From my research, EXXA tokens is not available for trade on any major exchanges yet.

This new company founded on August 8, 2018 in Singapore and officially launched recently.

And, I don’t find any internet platforms or shops is accepting EXXA tokens as a method of payment.

3. Teach You Nothing

In order to recruit more people and make money, you need to learn how to reach more people without spending a lot of money and annoy the people around you.

For example, I have created this blog that gets hundreds of visitors each day. I can promote something here and if people buy it, I will earn an affiliate commission.

Instead of forcing people to join a program or buy something, I rank my blog high on Google and let them come to me.

This is done through search engine optimization and keyword research.

Sadly, they don’t teach anything like that in Planet Impact Academy. That’s why it is really hard to make money in an MLM business without learning some internet marketing skills.

If you are interested how I learn those skill and make money online, please feel free to check here where I share my online venture in details.

Is Exxa A Scam?

It is too early now for me to identify if is Exxa a scam.

I would keep this program in my list and monitor it closely since this program it is a relatively new program.

Nevertheless, Exxa is still new and to prove itself as a reliable company.

But in my opinion, I still do not recommend EXXA because it is very similar to the other crypto token wallet Ponzi scheme.

Although the name of the bot changes, this is the same script used in every World Blockchain Forum Ponzi scheme.

These schemes had scammed millions of dollars when they did their exit scam.

Exxa wallet is available in IOS and Google Playstore.

Although it seems to give the users full control over their funds but there is no such features as the wallet.

I believed it is just smoke and mirrors!

Another red flag to consider is the possibility for a company to promise a fixed percentage of ROI?

Lastly, myreview has provided all the necessary information needed.

All that is left for you to do is look at the findings and make an educated decision.

 

How to Make 4-Figure Per Month?

Have you thought of creating side hustles that will become your passive income sometime in the future?

This is the No.1 Recommended method that requires no start-up fee but it requires a good amount of time and effort for building the business up.

wealthy-affiliate-jerry-income

Click here to learn how to create 4-figure passive income every month with minimal risk.

More Read: Highest Paying Online Survey Sites in 2019

More Read: 6 Ways to Earn Money With a Blog

More Read: How to Make Money From Home With $0 to Start

Leave a Reply

Your email address will not be published. Required fields are marked *