Lendconnect, is it a scam or paying? The following review will serve as a reference to help you make a decision whether to invest or not.
LendConnect is an investment platform where you buy tokens from a cryptocurrency trading company and ask them to trade on your behalf. This is a good idea because apart from getting daily profits from their trades, you also have a currency to rely on when the value appreciates. So even if nothing happens to the currency eventually, you are not at a loss since you will be receiving interests every day.
The Lendconnect token is already listed on CoinMarketCap. This is a promise fulfilled as the management had earlier stated that coin holders would be able to trade for themselves. Moreover, it also has a lending platform which was launched on January 10, 2018.
What is being sold?
Lendconnect is selling tokens known as the Lendconnect token (LCT). The first phase of the ICO started on November 29, 2017 with a supply of 1 million coins when one LCT sold for 0.60 USD. The ICO reached its fourth phase when it sold for 1.10 USD. This was after it rose to 0.75 USD and 0.90 USD in its second and third phases respectively. These results show that the value of LCT is growing and one shouldn’t be left out in making profits from it.
Lendconnect.io launched its dashboard and added the LCT wallet with a 2FA security in December 2017 after announcing its ICO in the previous month. These additions made the company grow its membership to around 15,000. In January, as previously planned, the lending system was launched where members get a daily profit between 1.5% and 5%. Lendconnect has also opened an internal exchange for LCT/BTC and LCT/ETH for owners to make more profits. The mobile lendconnect app is expected to be launched in March 2018. Currently, 3.5 million coins have been sold. That means that the company has already reached its supply cap. However, you can still buy at Coinexchange.io at a very low rate before the price rises to $10 or even $100 as they have planned.
Lend to Earn 1.5%-5% Daily
Because Lendconnect is not selfish with their earnings, they are giving out more than 50% of the profits they make to their lenders. For example, if they make only 7% total profit for the day with your money, you will get 5% while they retain the remaining 2%.
To start lending, you should have at least $100 and you can even lend as much as $100,000. The profits increase as your lending amount rises. A breakdown of how it works is given below:
- Invest $100-$1000 and get standard daily interest which is between 1.5% and 5%
- Invest $1001-$5000 and get the standard daily interest plus 0.10% bonus
- Invest 5,001-$15,000 and get the standard daily interest plus 0.20% bonus
- Invest $15,001-$100,000 and get the standard daily interest plus 0.30% bonus
From level 1 to 4, Lendconnect pays 8%-4%-2%-1% of whatever your referral lends. You don’t have to be a lender yourself before you can get these bonuses.
You are just being reminded that the value of the LCT token is rising rapidly. With 3.5 million tokens sold already and more demands observed on the exchanges, it is most likely that the price will soon double. As this happens, the value of one’s coins in an LCT wallet also increases and can be withdrawn anytime.
Support team Available
You can get support on the company’s social media networks which include Telegram, Facebook and Twitter.
Lendconnect.io is on its way to making history. Usually, the early investors in an ICO benefit a lot within a short while and that is why we deemed it fit to bring this opportunity to those of you who have free funds to invest with. You can buy any quantity of LCT tokens you want. Soonest, there could be a 1000%+ increase in the value of one LCT.
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