SaxoCoin provide no information on their website about who owns or runs the company.

The SaxoCoin website domain (“”) was privately registered on January 4th, 2018.

A virtual office address owned by ServCorp in Hong Kong is provided on the SaxoCoin website.

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.

SaxoCoin Products

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

The SaxoCoin Compensation Plan

SaxoCoin affiliates acquire SAXO points from the company’s anonymous owners.

SAXO points are sold to SaxoCoin affiliates for between 75 cents and $1 each.

Once acquired, SAXO points are “lent” back to the SaxoCoin on the promise of a monthly ROI of up to 45%.

  • invest $100 to $1000 and receive a daily variable ROI for 299 days
  • invest $1010 to $5000 and receive a daily variable ROI plus bonus 0.1% daily ROI for 179 days
  • invest $5010 to $10,000 and receive a daily variable ROI plus bonus 0.15% daily ROI for 139 days
  • invest $10,010 to $100,000 and receive a daily variable ROI plus bonus 0.2% daily ROI for 120 days

SaxoCoin pay referral commissions via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

SaxoCoin cap payable unilevel levels at seven, with commissions paid out as a percentage of funds invested across these seven levels as follows:

  • level 1 (personally recruited affiliates) – 5%
  • level 2 – 3%
  • level 3 – 2%
  • level 4 – 1%
  • level 5 – 0.5%
  • level 6 – 0.3%
  • level 7 – 0.2%

Joining SaxoCoin

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

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


SaxoCoin claim to generate external ROI revenue through a “trading bot”.

The company provides no evidence of a trading bot existing or any other source of external ROI revenue.

That leaves new investment as the only verifiable source of revenue entering SaxoCoin.

Using newly invested funds to pay existing affiliates a daily ROI makes SaxoCoin a Ponzi scheme. Referral commissions on invested funds adds an additional pyramid layer to the scheme.

Lending ICO Ponzis like SaxoCoin play out as follows:

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

SaxoCoin’s 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 SaxoCoin’s ROI reserve.

When a predetermined threshold is reached, SaxoCoin’s anonymous admins do a runner with what’s left.

Early SaxoCoin 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.

BitConnect and DavorCoin are recent examples of ICO lending Ponzi collapses in action.