We all know how difficult it was to buy Hextracoin during their pre-sale and ICO last month. It was high on demand that's the only reason why it was selling out in minutes.
What is Hextracoin? There's a new lending platform offering high interest returns when you lend them money, similar to bitconnect and regalcoin. They say that they're using a volatility trading bot which allows them to pay investors high returns.
Just a quick look at Hextracoin last month and current price :
1 HXT was $1.15 until 31st October
Currently 1 HXT = $13.52 in less than a week
It's got the potential to skyrocket just like bitconnect and regal coin.
Additional reward for holding hextracoin until December: You will be rewarded with 1 Hextracoin gold worth $30 for holding 4 Hextracoin until December that's a plus point.
How much interest will they pay The interest rate they pay is based on the volatility of bitcoin, they say that the interest rate will be up to 48% per month which will be paid daily. If it's anything like bitconnect then the interest rate will be around 1% per day. They also offer bonuses for lending them higher amounts of money:
Lending amount $100-$1000: Standard volatility interest of up to 48% per month with return of capital after 239 days.
Lending amount $1010-$5000: Volatility interest with an added bonus of 0.15%, return of capital after 179 days.
Lending amount $5010-$10,000: Volatility interest with an added bonus of 0.25%, return of capital after 120 days.
Lending amount $10,010-$100,000: Volatility interest with an added bonus of 0.3%, return of capital after 99 days.
Conclusion - All ICOs are risky, I wouldn't invest any more than I can afford to lose. Having said that I personally made a lot of money with the Regalcoin ICO with just a few hundred dollars and will be hoping to do the same with this one.
If you feel this sounds productive to you kindly feel free to follow the link to be a part of Hextracoin:
https://hextracoin.co/register?referrer=bitmoon
Grab it as fast as you can before it becomes unavailable again or the price gets way too high.