The Hextracoin lending platform is now live after the completion of their ICO.
What is Hextracoin?
https://hextracoin.co/register?referrer=danbitcoin1
They're a new cryptocurrency based lending platform that's just finished their ICO. Their lending platform is now live with the dashboard showing interest rates paid of over 1% per day.
They recently redesigned their dashboard, you can log in to take a look, it now looks far more professional than their competitors.
Results of their ICO
The Hextracoin ICO was completed yesterday after a successful sale which sold out all of the available tokens. The tokens were released at a rate of just 300,000 per day, this was done so that more users could get involved. However this meant that many users wern't able to purchase tokens due to the site crashing during the sale times.
Now that's turned out to be good for investors who managed to purchase and sent the token price soaring. 1 HXT token is already valued at around $14.
How to purchase HXT
On their website you can find the internal exchange which allows users to send bitcoin to the platform and then exchange it for their HXT token, the current rate is around $14 per token.
Lending platform
They currently have 5 different lending options available:
$100-$1,000: Pays interest based on the volatility of bitcoin, today its set to 1.15%, capital is returned after 239 days.
$1,010-$5,000: Pays volatility interest with an extra 0.15% bonus. Capital returned after 179 days.
$5,010-$10,000: Pays volatility interest with an extra 0.25% bonus. Capital returned after 120 days.
$10,010-$100,000: Pays volatility interest with an extra 0.3% bonus. Capital returned after 99 days.
$100,010+: Pays volatility interest with an extra 0.35% bonus. Capital returned after just 60 days.
My first loan
After making over $25,000 with the platform already I'm just investing a little to start with to test out their system. I've invested $1050 so far which will earn me around 1.5% interest per day, you can check my print screen in the link below:
https://gyazo.com/235318e8db6f99e39329e8c9fbd6a7e9
Should you invest?
All investments like this are very risky. Similar platforms have seen far larger gains though so it wouldn't surprise me if the price went far higher, I'll personally be keeping most of my investment on the platform for a few weeks to see how it goes.
Sign up with my link below to gain instant access to the platform:
https://hextracoin.co/register?referrer=danbitcoin1