Exxa Wallet Review – Legit Crypto MLM Opportunity or Ponzi Scam?
Welcome to my Exxa Wallet Review!
This is one of the latest MLM’s in the crypto space to pop up and I decided to check it out for myself.
Chances are someone approached you about the business opportunity and you landed here to make sure it’s legit.
The good news is I am going to walk you through the company, products and compensation plans so you can make the right decision.
Make sure you PAY close attention and read this to the end…
Exxa Wallet Review – The Company
On the website it has Danny Pang, Gregory Ang and Francis Aw has the co-founders of the company.
Other people on the management team include:
- WanHsi Yeong (Compliance & Regulatory Advisor)
- Lynn Cheah (EVP- Systems Support)
- Roy Ong (Compliance and Regulatory Advisor)
So what is Exxa Wallet exactly?
It’s pretty much a mobile wallet where you can hold crypto in it with a bunch of other services that I am going to mention in the product section next.
Another person I saw at an Exxa Wallet event was Ronald Aai who is running Cloud Token as of right now.
Cloud Token has have had some regulatory issues already.
Exxa Wallet Reviews – The Products
Exxa Wallet has no retail products or services, but you can become an affiliate and promote their membership which includes the following:
- Mobile Wallet
- Crypto Exchange
- AI Trading Bot
- Digital Academy
- Digital Lifestyle
- Travel Network
On top of that Exxa Wallet claims they are a decentralized wallet, even though you don’t own the private keys.
That just means you don’t have full control over it and Exxa Wallet as the ability to go into your wallet.
On top of that, they have something called EXXA tokens which are priced at 0.10$ as of September of 2019.
They way they generate ROI’s is through trading, but I couldn’t find any proof of this actually happening.
Exxa Wallet Compensation Plan
The website itself has no information on the compensation plan, but I did find a YouTube video that explains it well.
However, it’s completely biased and probably an affiliate with the company so just take it with a grain of salt.
Nevertheless, there is some good information on how the compensation plan works.
Now you know how the compensation plan works…
Let’s keep going in this Exxa Wallet Review!
So make sure you pay close attention and keep reading because the final reveal is almost here…
Cost To Join Exxa Wallet
Cost to join is actually free, but if you want to invest and make some ROI’s, you have to put some money into their EXXA tokens where you can generate ROI’s.
Exxa Network Review
So does the Exxa Wallet scam exist?
After taking a closer look, this company is exactly like Cloud Token which has had regulatory issues in countries already.
Matter of fact, there was a fraud alert already on it…
Exxa Wallet isn’t any different…
Exxa Tokens are useless out side of the company and are not publicly traded which reminds me of BitConnect.
You have no real control over your wallet and Exxa Wallet has the ability to take crypto out of it at any time…
There is no PROOF of trading which means the only way they are generating external income is from having newly invested funds paying off existing members.
If that is the case, this is nothing more than a ponzi scheme. (1)
The way the company is right now, I personally do not recommend it…
I hope you enjoyed my Exxa Wallet review and if you have any questions feel free to ask in the comments below…
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