When it comes to investing your money, it is always wise to do your research and find out for yourself if a company is worth getting involved with. After all, there are over 180 different cryptocurrencies being traded right now it is hard to tell which one will be the next Bitcoin.
CTX Line is an investment company that is trying to establish itself as a new cryptocurrency. The site offers you many ways to earn as well as promises a return on your investment. The site claims that it has a global presence and is known worldwide. It also goes on to say how CTX Line is the most powerful mining pool in the world to date. The real question is though, does the site hold up to its promises? Can you really make money with CTX Line and earn 0.5% ROI daily?
What Is CTX-Line?
According to Who.is, the site ctx-line.com was registered on February 10, 2017, and updated on February 22, 2017. The address provided for the company on Who.is states that it is from Austria. However, no name is given.
The registered company name is Alpha Centauri Inc. What is interesting is that the site offers an address located in Chile which is the same address for the registration but with Austria listed as the country. Still, though, no names are given explaining who actually runs the site.
The site offers no retail products or services. The only thing a member can do is present the membership to the site and hope for new recruits.
CTX offers its investors a return on their investment of 0.5% to 1.1% daily depending on how much one invests. Another way for a member to earn with CTX is through residual commissions but there are stipulations involved with earning the commissions. The site doesn't go into much detail about the rules for earning the residual commissions.
The site also offers a matching bonus paid out in CTX coins to those who recruit members that invest at least 100 CTX. You also have the CXT bonus that is distributed to the leaders. This bonus is strictly for those who become leaders for their team which will earn them anywhere from 35 to 100 CTX per day.
There are a lot of red flags that pop up when looking into CTX Line. One of the major red flags deals with the ownership of the site. The fact that the site offers you an address based out of Chile while the registration is stated to be in Austria should raise questions.
Many people who invest in CTX Line end up losing in the long run due to the cryptocurrency is worthless outside the CTX Line universe. When you look into the finer print the site even mentions how the coins are not backed by any financial institution. You can find even more disturbing information about CTX in the Terms and Conditions page on their site. It is clear that the company can add value to the coins or dismiss them entirely at their discretion.
Another thing you need to consider before investing in CTX Line is how the currency is not traded publicly. That basically means that whatever coins you earn, hold no real value. You won't be able to trade them in for any sort of dollars despite what currency you use.
All in all, CTX Line is an investment site that is looking for people to invest in them. They offer you a promise that your investment will earn you money, but all you get is a currency that is made up of air. If you are looking for a company to invest in or a cryptocurrency to build your portfolio, look elsewhere. CTX Line is a high risk and should be avoided.