Just got done doing another lend to Hextracoin :)
I just got done doing another lend in my HextraCoin. It was for $100
bringing my total to $4,350 invested so far
Im really digging this platform right now :) if you would like to come check it out my link to signup is in my profile.
so.. do you earn rewards if people signup using your referral?
yes 8 percent on what they lend
Upvoted..plz check my blogs
What's it for and how does the system works?
you buy hextracoin with bitcoin and then you lend those coins out to hextra then they use that money on the exchanges (bot) to make money. You earn money off what you lend its aproximatly 2 percent a day right now
hmm. I don't know why they made a coin then. It could have been done with the BTC or any other Crypto.
adds value to their coin and helps support the platform
Well, still not convinced about Hextra but thanks for the info.:)
your welcome
Congratulations @ralph-rennoldson! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Award for the number of upvotes received
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP
Is this considered a HYIP?
no its a lending platform like bitconnect
That's good, because the way HYIP's work, is they pay out 100% plus for early entrants, but when they have lots of money invested they start making up excuses about why they can't pay out any more. Next thing you know, the website's gone and you have no comeback. I got burnt on that back in the days of e-gold, if anyone remembers that.