Xtreme Coin is a self-admitted Bitcoin cycler that works on an 8-tier 2×2 matrix. The program, therefore, focuses on affiliate recruitment in order to turn a profit, which comes exclusively in the form of the Bitcoin cryptocurrency (BTC).
What Is Xtreme Coin?
Nothing on the Xtreme Coin website reveals who owns the company or who might be operating it. The site's registration info is also bereft of data, revealing only that it was registered in late May of 2017; the identity of the registrant has been made private.
Independent research conducted by others have revealed what could be some accurate information about Xtreme Coin's ownership, however. Following the breadcrumbs of a marketing video for Xtreme Coin on YouTube results in a claim that Xtreme Coin is possibly the brainchild of Dwayne Golden, the former CEO of a now-defunct matrix cycler from 2014 called Ingreso Cybernetico.
Regardless of who does own or operate Xtreme Coin, the fact that they're not upfront about the fact is a major red flag. You should never trust any sort of financial company that doesn't provide transparency as to their identity.
Xtreme Coin Product
Xtreme Coin doesn't have any products to buy or market to others. The only activity members can take part in is joining the Bitcoin cycler and then recruiting others to do the same.
Joining Xtreme Coin costs a minimum of 0.05 BTC.
Xtreme Coin Opportunity
Xtreme Coin offers multi-tiered payouts in exchange for every affiliate who purchases a position in a 2×2 matrix fills it completely. Depending on how many cycles of this matrix you fill, the more you need to pay and the more you can potentially earn.
The payment and earnings break down as follows:
- Sapphire – pay 0.05 BTC, earn 0.15 BTC
- Pearl – pay 0.1 BTC, earn 0.3 BTC
- Ruby – pay 0.25 BTC, earn 0.75 BTC
- Emerald – pay 0.5 BTC, earn 1.5 BTC
- Diamond – pay 1 BTC, earn 3 BTC
- Blue Diamond – pay 4 BTC, earn 12 BTC
- Xtreme Diamond – pay 10 BTC, earn 30 BTC
The final tier, “Executive Club,” is more of a membership upgrade that costs an annual 0.15 BTC in exchange for “priority support” from Xtreme Coin and a one-time commission of 0.05 BTC on direct recruits.
Xtreme Coin Verdict
Xtreme Coin, like all matrix cyclers, relies upon incessant affiliate recruitment in order to provide enough revenue to pay its members. If you, as a new associate, fill your matrix and earn a profit, the affiliates in your downline have to replicate your success with their own sponsors in order to profit as well, and so on and so forth.
This means that while affiliates close to the top of the food chain may find it possible to cycle through Xtreme Coin a few times, with every completed matrix it will become increasingly harder for those under this top affiliate to move along with them to the new cycle. This, by extension, slows down and eventually halts the top affiliate's progress as well.
At this point, any money that an affiliate has invested in the system to purchase a matrix position is lost, as it's impossible to earn a payout. Meanwhile, whoever sponsored that affiliate gets to keep the money – and in the case of cycler schemes such as these, the anonymous admins of Xtreme Coin get to keep the money by pre-loading sponsor positions with dummy accounts they control.
Don't be fooled – stay far away from Xtreme Coin.