Today we are going to review a new cryptocurrency which has called our attention, a cryptocurrency focused on lending called New Level Coin. Do you want to know everything about it? Just read our review.
What is New Level Coin?
The New Level Coin NLC is a new cryptocurrency which has appeared on the market recently. It is decentralized, as most of the cryptocurrencies and its focus is to be an efficient lending platform for its users. The New Level Coin uses a special gridlock strategy to be successful in arbitrage and get money from investing in cryptocurrencies and trading them.
Basically, New Level Coin is a cryptocurrency which was born to explore the volatility of the market. The company has a plan to explore the high volatility of the cryptocurrency market to give its investors a great return on investment by buying cheap coins and selling high priced ones.
How Does New Level Coin Work?
Basically, you will have to buy New Level Coins and then you will use them for investments. Your capital will be given back to you after 90 days with an interest defined by the volatility software of the company and a daily rate if you invest more than $1000 USD in tokens.
If you invest between $1000 and $5000 USD, you will receive a bonus of 0.10% daily, if you invest until $10,000 USD, 0.15%; up to $50,000 USD for 0.25%; up to $100,000 USD for 0.25%; and 0.30% for more than $100,000 USD.
The company states that its software is very safe and that it is not a ponzi scheme, but a real investment platform that will make its users receive a large return on investment by lending its money to the company.
You will be able to unlock rewards as you loan more and more money to the company, which will make your return on investment always better. New Level Coin is a company that invests in the fidelity of its customers.
This is a proof-of-stake token with a short block time.
How to Invest in New Level Coin NLC?
If you want to invest in New Level Coin, you can always participate in the Initial Coin Offering (ICO) of the company to buy tokens. The ICO begins February 10 and it will last about a month but you will still be able to buy New Level Coin after the ICO has already ended.
To buy the tokens, you will have to deposit Bitcoin and you will receive New Level Coins. You can then use them to earn profits of up to 45% monthly, the company states. New Level Coin promises that the return on investment can get up to 540% in a single year investing.
The New Level Coin NLC ICO Verdict
Is New Level Coin NLC the best investment for you? Unfortunately, not so much. The company does not seem like it has a very original idea. There are endless companies which promise basically the same thing, including High Yield Investment Programs (HYIPs), which are known to be full of scams. Unfortunately, New Level Coin does not seem like the best company ever.
On the other hand, nothing indicates that this company is a scam, so you can invest in it if you are aware of the risks that you might be taking in doing so. In the end, it is up to you to decide if this company is really worthy of the money you are going to invest in it or not. We do not necessarily recommend this token, but you can buy it if you feel like doing so.