- in Micro Jobs , Reviews by Derek Marshall
CoinWorker Review – Earn BitCoins?
Thank You For Checking Out My CoinWorker Review!
For some people a good way of earning some extra cash online is from micro jobs and micro task websites.
How successful you can be depends on which one you join, how many micro jobs they have on offer and how well each task pays as well as some minute and VIP details such as minimum payout threshold and payout methods used.
Coinworker.com is one of those such sites and in this independent review of Coinworker will address all questions and everything that you must know before you move forward and try them out.
Before I Independently Review This Site...
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Are you ready to find out if CoinWorker is Worth it or not?
Yes?
Then keep reading!
CoinWorker Review
Product Name: CoinWorker
Founder(s): Unknown, Undisclsed
Product Type: Micro Jobs, Micro Task site.
Price: Free To Join.
Best For: Only a Small Side Income.
Summary: On the face of it there is nothing wrong with CoinWorker at all. Once I started digging around and digging deeper I found there is a lack of tasks available for users to complete making them a big turn off.
I'd certainly rate them higher if they had more jobs to complete and steady flow of them.
Rating: 20/100
Recommended: No
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CoinWorker.Com, established in 2011 is micro jobs platform that you can earn money for completing easy tasks that are available on their website.
They stand out from other similar micro task sites due to being a BitCoin faucet and paying out in the words most popular and famous cryptocurrency.
So,
Be aware of that before you get started with them.
There are a number of sites that are similar to CoinWorker.com, here are some of their competitors:
The above sites a reasonable alternatives to Coinworker that you can try in conjunction with them to earn even more or get cash instead of cryptocurrency for your efforts.
How Does CoinWorker Work?
In this area I take a look at the functionality of the website and platform as a business. Having a look into how a business operates helps us to determine if they are legitimate and if they can feasible and viably generate revenue for themselves.
CoinWorker operates by using the Cost Per Action business model where they are paid for each action that you complete.
Their micro jobs are sourced from a 3rd part company - Figure 8 tasks which is now owned by Appen.
Each task or micro job that you complete they will earn some money and share some of it with you as a reward for completing the task for them.
It is a very simple business model where effectively they are the middleman between you and the provider of tasks.
Who Is CoinWorker For?
CoinWorker is an international opportunity open for all ages and nationalities. There are no restriction on who can join and take part in CoinWorker.
How To Get Started
Getting started is very simple. Head one over to their registration page and complete their registration form.
When the form is complete you will get a special email with an activation link for you to click.
Once you click that link you are good to go ahead and get started.
Upon logging in you will need to give your BitCoin Wallet Address as this is how you will be paid.
How Do You Make Money?
Making money with this site is very straight forward as all that is required is that you need to do is to complete as many tasks and jobs that you can. The wise and smart person will have a look at the higher paying ones and start with them.
As mentioned these task are not provided directly for CoinWorker by a third party websites figure 8 tasks which is now owned and operated by the highly respectable Appen group.
Some of the Jobs that you will be asked to complete include:
- Transcription.
- Data Entry.
- Data Collection.
- Signing Up to a website.
When you see a job that you want to take you are told what is required of you and what you are required to do to earn money.
If you fail to follow the instructions as required you many not be paid for the incomplete task.
Also,
for certain tasks like transcription there are accuracy standards that you need to maintain in order to be rewarded. If your accuracy level drops below a certain level you will be prohibited from continuing with the task or from taking similar tasks.
What I have found that some tasks will unfortunately take a while for you to get paid for. This is mostly due to the individual posting the job taking their time to review and accept your work.
In all the earning opportunity is very poor when compared to other micro jobs sites as there are not too many opportunities available and thus a regular income is just not possible.
If you are looking for something much better and more sustainable I encourage you to consider building your blog or website focused around an interest or hobby of yours and earn from the traffic that you generate to your site from affiliate sales and/or advertising revenue.
How Much Can You Earn?
As it is with all sites of this nature the amount that you can earn is entirely dependent on how active you are and the value of each task that becomes available to you.
The fact that there are few jobs available and the frequency of you being able to complete tasks is low will mean that your earnings will be on the low side also.
It is in my estimation that you will earn no more that US$10 to US$20 per month.
How Do You Get Paid?
To get paid you need to first accumulate 200 points before you can request payment. There only payment method used by CoinWorker is the cryptocurrency BitCoin.
If you don't like or use BitCoin then this is not for you.
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CoinWorker Income Proof
I have not been able to find any legitimate verifiable income proof at all related to this site and income opportunity.
This is very common for low income sites as often they do not request such proofs as very few are motivated to post income proof relating to such lowly income generated.
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Is CoinWorker Accredited By The BBB?
No,
there is no rating or listing on the Better Business Bureau database for CoinWorker, by definition the site is rated as unaccredited and not rated.
This should be too much of a concern to you as most micro jobs sites are not listed on the BBB, however you should always take your online safety seriously and do your background checks.
The BBB is only one such place.
CoinWorker Reviews And Complaints
I checked out some CoinWorker Reviews by other bloggers and content marketers from a variety of websites, forums and social media as well as review boards to get a good overall view of how they are perceived by a wide range of users.
There is no questioning the authenticity of the independent bloggers and reviewers in their own analysis of the platform, there were coming to the same conclusions that I am drawing, they are good site, legit but unfortunately a low income opportunity due to the lack of jobs available.
There are no user reviews on my 3 favourite review boards Trust Pilot, Foxy Rating and Site Jabber.
Forums and social media are not exactly brimming with confidence regarding your income potential either, and there is not a lot of information about them on Twitter, Facebook or anywhere else indicating this site is not so popular and for reason!.
By far the most common gripe amongst users was the lack of jobs available for them to complete.
What I Liked About CoinWorker
There is not a lot to like about Coinworker other than their ease of registration and their availability on a global basis.
That is all I could personally find likable about them.
Recommended: This Is Exactly How I Earn A Mid 4-Figure Income
What I Did Not Like About CoinWorker
There are a few things that I did not like about this opportunity, two of which are glaringly obvious!
- There is a lack of jobs available
- Low income opportunity.
- There is a lack of alternative payment options.
Can You Make Money With CoinWorker?
Yes,
It is very clear that you can and will make money with CoinWorker should you decide to try them out.
The only question is how much which will depend on how many tasks become available to you which will be very little, very few task are what make this a very limited income opportunity.
Is CoinWorker A Scam Or Legit?
From what I have seen in my investigation and deep dive into CoinWorker I can confidently say that they are not a scam.
I have seen nothing that raises alarm bells as far as illegal activity, fraud and not paying you what you are due.
With that in mind you be assure they are legit.
CoinWorker Alternatives
There are a lot of other micro job and micro worker sites that you can try out a legitimate alternatives to CoinWorker.
Here are what I consider to be the ones most worth trying!.
- SEOClerks
- PeoplePerHour
- Freelancer
- CrowdSource
- SimplyHired
- Truelancer
- GigWalk
These site above are all legit and well worth trying out - just keep in mind there will be no passive income as you will be trading your time for money.
My CoinWorker Review - The Final Conclusion
CoinWorker is legit and you can earn BitCoin with them, but it will be tiny fractions of bitcoins. They are completely above board, legit and, yes you are likely to earn some money with them.
But only some, most likely US$10 and certainly no more thang US$20 in a given month due to the lack of money making tasks that are available.
The task are easy and I love easy money but I am sorry to tell you that low income opportunities are not going to help you to solve any financial woes or to get your freedom.
With that in mind I advise you avoid CoinWorker and try something else.
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