CoinXL Review: 150% bitcoin ROI in 150 days

CoinXL provide no information on their website about who owns or runs the business.

The CoinXL website domain (“coinxl.com”) was privately registered on June 4th, 2017.

Further research reveals Brad Cook appearing on various CoinXL affiliate marketing calls. Cook is cited as part of CoinXL’s “leadership” and speaks with authority as to the running of the company.

I wasn’t able to ascertain Cook’s specific role within CoinXL.

Brad Cook (right) first appeared on BehindMLM’s radar as the CEO of NexxStars.

NexxStars
was a Ponzi scheme launched in 2014. By the end of the year NexxStars had collapsed.

Other companies Cook (right) claims to have been affiliated with include National Safety Associates (NSA), Smart Travel and Enliven.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

CoinXL Products

CoinXL has no retailable products or services, with affiliates only able to market CoinXL

The CoinXL Compensation Plan

CoinXL affiliates invest bitcoin on the promise of a daily 1% ROI for 150 days.

L1 – invest 0.100175 BTC and receive a 0.15 BTC ROI

L3 – invest 0.300525 BTC and receive a 0.45 BTC ROI

L5 – invest 0.5000875 BTC and receive a 0.75 BTC ROI

XL1 – invest 1.0175 BTC and receive a 1.5 BTC ROI

XL2 – invest 2.035 BTC and receive a 3 BTC ROI

XL4 – invest 4.07 BTC and receive a 6 BTC ROI

XL5 – invest 5.0875 BTC and receive a 7.5 BTC ROI

Referral commissions on funds invested by recruited affiliates are paid out via a binary compensation structure.

A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):

The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).

Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.

Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note that there is no limit to how deep a binary team can grow.

At the end of each day CoinXL tally up new investment volume on both sides of the binary.

Affiliates are paid a percentage of funds generated on the weaker binary side, based on how much they’ve invested:

LL05 – 5% binary commission capped at 0.1 BTC a day and/or 3 BTC a month

L1 – 6% binary commission capped at 0.2 BTC a day and/or 6 BTC a month

L3 – 7% binary commission capped at 0.6 BTC a day and/or 18 BTC a month

L5 – 9% binary commission capped at 0.1 BTC a day and/or 30 BTC a month

XL1 – 11% binary commission capped at 2 BTC a day and/or 60 BTC a month

XL2 – 13% binary commission capped at 4 BTC a day and/or 120 BTC a month

XL4 – 15% binary commission capped at 8 BTC a day and/or 240 BTC a month

XL5 – 20% binary commission capped at 10 BTC a day and/or 300 BTC a month

Joining Coi

🤖 Quick Answer

Who are the owners and leadership of CoinXL?

What is the history of CoinXL's domain registration?
The CoinXL website domain (coinxl.com) was privately registered on June 4th, 2017, meaning ownership details are not publicly disclosed through standard domain registry searches.

What is Brad Cook's background in the cryptocurrency and investment industry?
Brad Cook previously served as CEO of NexxStars, a Ponzi scheme that launched in 2014 and collapsed by year's end. He has claimed affiliations with National Safety Associates, Smart Travel, and Enliven.

Why is Brad Cook's involvement with CoinXL significant?

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