There is no information on the XenixCoin website indicating who owns or runs the business.

The XenixCoin website domain (“”) was registered on October 11th, 2016. Louis Hutchinson of Xenix Technologies LTD is listed as the owner.

There doesn’t appear to be any third-party information available on Hutchinson’s role within XenixCoin.

A corporate address in London is provided on the XenixCoin website. Further research reveals this is a virtual office address provided by i2 Office.

Despite a provided UK incorporation (about £20 GBP), it appears XenixCoin has no actual physical presence in the UK.

Given this and coupled with the lack of information provided, it’s doubtful Louis Hutchinson actually exists.

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.

The XenixCoin Product Line

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

The XenixCoin Compensation Plan

The XenixCoin compensation plan sees affiliates invest in packages. Commissions are paid out when they recruit others who do the same.

In total, there are six packages for XenixCoin affiliates to invest in:

  • Basic – $100
  • Standard – $1000
  • Enterprise – $3000
  • Essentials – $6000
  • Business Pro – $12,000
  • Premier – $25,000

XenixCoin affiliates receive a 10% commission when they recruit affiliates who invest in the above packages.

Matching Bonus

A matching bonus is available on package referral commissions earned by downline affiliates.

XenixCoin’s matching bonus is paid out 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.

XenixCoin cap how many levels deep an affiliate can earn the matching bonus on, determined by how much the affiliate has invested:

  • Basic affiliates earn a 10% match on level 1 (personally recruited affiliates)
  • Standard affiliates earn a 10% match on levels 1 and 2
  • Enterprise affiliates earn a 10% match on levels 1 and 2 and a 20% match on level 3
  • Essentials affiliates earn a 10% match on levels 1 and 2 and a 20% match on levels 3 and 4
  • Business Pro affiliates earn a 10% match on levels 1 and 2, a 20% match on levels 3 and 4 and a 25% match on level 5
  • Premier affiliates earn a 10% match on levels 1 and 2, a 20% match on levels 3 and 4 and a 25% match on levels 5 and 6

Earnings Cap

Based on how much a XenixCoin affiliate has invested, commission withdrawals are limited as follows:

  • Basic affiliates can withdraw $500
  • Standard affiliates can withdraw $1000
  • Enterprise affiliates can withdraw $4000
  • Essentials affiliates can withdraw $6000
  • Business Pro affiliates can withdraw $8000
  • Premier affiliates can withdraw $10,000

XenixCoin do not clarify whether these are daily, weekly or monthly caps.

Joining XenixCoin

XenixCoin affiliate membership is tied to investment in one of the following six packages:

  • Basic – $100
  • Standard – $1000
  • Enterprise – $3000
  • Essentials – $6000
  • Business Pro – $12,000
  • Premier – $25,000

The primary difference between the packages is income potential through the XenixCoin compensation plan.


XenixCoin presents itself as yet another altcoin entry into the MLM cryptocurrency niche. There’s nothing in XenixCoin the industry hasn’t seen before.

XenixCoin affiliates sign up and invest in points. XenixCoin convert these points into pre-mined XenixCoins, which are currently worth about 0.01 BTC on the public market.

Given XenixCoins are completely useless, this value is likely 100% attributable to trading among XenixCoin affiliates.

XenixCoin also run their own internal exchange, “Xenix Exchange”. The price of XenixCoins on Xenix Exchange is not disclosed to the general public.

In a nutshell, the altcoin pump and dump MLM model sees a company sell pre-mined coins at a premium. This is done via heavy marketing on the concept of cryptocurrencies, typically by comparison to bitcoin.

While Bitcoin, for example, facilitates cash transactions, XenixCoin is a very complex blockchain based contract mechanism. It is not only dedicated to moving and validating money.

The coins themselves can’t be used for anything and, after initial affiliate recruitment dies down, fast approach a dollar value of zero.

The company profits by selling pre-mined coins at a pre-determined rate, adjusted by the conversion of points per pre-mined coin they sell to affiliates.

In this manner the owners of XenixCoin are guaranteed a minimum profit, regardless of if and when the public price of XenixCoin crashes.

The MLM side of XenixCoin meanwhile is straight pyramid recruitment. Affiliates invest money and are then paid to recruit others who do the same.

As with the price of XenixCoin crashing when recruitment slows down, so too will recruitment commissions paid out.


It’s untraceable. No public institution can follow the source of the funds.

Once the price of XenixCoin inevitably crashes, the XenixCoin owner(s) do a runner. By design, it is extremely difficult for victims of MLM cryptocurrency scams to recover their losses.