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

The LendexCoin website domain (“lendexcoin.co”) was privately registered on November 9th, 2017.

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.

LendexCoin Products

LendexCoin has no retailable products or services, with affiliates only able to market LendexCoin affiliate membership itself.

The LendexCoin Compensation Plan

LendexCoin affiliates acquire pre-generated LDX points from the company’s anonymous owners.

LDX points are sold to LendexCoin affiliates for 80 cents to $1.20 each.

Once acquired, LDX points are “lent” back to LendexCoin on the promise of a monthly ROI of up to 48%.

  • invest $100 to $1000 and receive a daily ROI for 299 days
  • invest $1010 to $5000 and receive a daily ROI plus 0.1% bonus daily ROI for 239 days
  • invest $5010 to $10,000 and receive a daily ROI plus 0.2% bonus daily ROI for 179 days
  • invest $10,010 to $25,000 and receive a daily ROI plus 0.25% bonus daily ROI for 119 days
  • invest $25,010 to $100,000 and receive a daily ROI plus 0.3% bonus daily ROI for 89 days

LendexCoin pay referral commissions on funds invested down three levels of recruitment (unilevel):

  • level 1 (personally recruited affiliates) – 8%
  • level 2 – 4%
  • level 3 – 2%

Joining LendexCoin

LendexCoin affiliate membership is free, however free affiliates can only earn referral commissions.

Full participation in the LendexCoin MLM opportunity requires a minimum $100 investment.


LendexCoin bills itself as “the next logical step in crypto technology”, which is strange seeing as the company is just another BitConnect ICO lending Ponzi clone.

LDX as a cryptocurrency brings nothing new to the table. It exists solely as a vehicle for LendexCoin’s anonymous owners to commit Ponzi fraud through.

Despite this, LendexCoin is marketed with typical “we’re gunna be the next bitcoin” hogwash.

In 2010 Bitcoin price was $0.003, and today it is above $14,000. If in 2010 you invested $100 in Bitcoin, right now you would have $500,000,000 sitting in your wallet.

Ok so we missed that boat. Now let’s take a look at the top Lending Platform Coin in the crypto world today.

Most lending coins start at $1, just like the example below: DAVOR… Just think if you had gotten into davor’s ICO for $1.

For reference, while those who invested early into DavorCoin might have made quick money scamming those who joined after them, DAV’s current trading value is $1.46.

Daily trading has plummeted to a few thousand dollars and by and large the majority of DavorCoin affiliates have lost money.

LendexCoin claim to generate ROI revenue through an “automated trading bot”.

No evidence of this bot existing or any trades generating external ROI revenue are provided.

Furthermore LendexCoin’s trading bot claims fail the Ponzi logic test.

If LedexCoin’s anonymous owners actually had a trading bot capable of consistently generating a legitimate monthly ROI of up to 48%, why share that revenue with randoms over the internet?

As it stands the only verifiable source of revenue entering LendexCoin is new affiliate investment.

Using newly invested funds to pay existing affiliates a monthly ROI of up to 48% makes LendexCoin a Ponzi scheme.

Lending ICO Ponzis like LendexCoin play out as follows:

The company’s admins (who are typically anonymous) offload worthless pre-generated points in exchange for real money. In this case it’s LDX points.

The admins then use some of this money to pay promised ROIs for as long as new affiliates sign up.

Once affiliate recruitment dries up so does the ROI reserve.

When a predetermined threshold is reached, the LendexCoin’s admins pull a runner with what’s left.

Early LendexCoin investors make a bit of money (mostly via recruitment of new investors). But same as any other Ponzi scheme, the reality of such scams is that the majority of participants eventually lose money.

That’s pretty much what’s happening with DavorCoin now.

LendexCoin uses the same fraudulent business model as DavorCoin, which means ultimately LDX will go down the same path.