Introduction
GoodDollar is a platform that offers users the opportunity to earn free cryptocurrency daily through simple tasks and a referral program. While the concept of earning crypto for free may sound appealing, it’s essential to understand the earning opportunities and processes involved before deciding whether it’s worth your time and effort. This review provides an overview of how GoodDollar works, including details about daily claims, the referral program, payment methods, and eligibility criteria for joining the platform.
What is GoodDollar?
GoodDollar is a platform that allows you to collect free crypto daily. And yes, it is legit because you can really earn free crypto from it. However, this does not automatically mean that you should sign up for this platform.
Now, to find out if it is worth it, you must know how much you can earn from it. The best way to do this is to take a look at the earning opportunities it offers so that you have a clear idea of how much time and effort is required to earn from it.
How to Earn Free Cryptocurrency Daily
Earn By Daily Claim From GoodDollar
Once a day, you can log into the member dashboard or mobile app (more on this later) and claim your free crypto. All you claim is GoodDollar tokens (G$) and the number of tokens you can claim depends on how many tokens are available for that day.
The number of G$ tokens available each day will vary depending on how many are minted for that day.
The site doesn’t explain this clearly, but from what I understand, a determining factor for this is the number of backers who accumulate underlying assets on the platform.
To claim your free crypto, log into the platform’s wallet via the web-based platform or mobile app and click on the claim button. Then, To get free crypto, just click on “Claim Now” button.
However, before you can claim your free crypto, you must go through a verification process that involves submitting a photo of yourself. After confirming your identity, you will claim free crypto daily.
Earn By Referral Program From GoodDollar
Another way GoodDollar earns is through its referral program. If you have previously subscribed to Get-Paid-To (GPT) and survey sites, this opportunity will be very familiar to you.
To earn from a referral program, you need to invite others to join the platform. To do this, you must share your invitation link with the person you want to invite. Once they click the link and register as a member, they will be counted as your referral.
To receive your referral reward, your referral must redeem G$ tokens at least once. When this happens, you will get 100 G$ tokens. This is an easy way to earn, but you must make sure that the people you invite are willing to claim free crypto.
How Do You Get Paid From Gooddollar?
The platform also has its own wallet that you can use to store your G$ tokens. Then, it is up to you if you want to keep your G$ tokens on the platform or withdraw them to a different crypto wallet so that you can trade them.
At the time of writing this review, the only crypto trading platforms that support trading of this token are Uniswap and Ubeswap.GoodDap, GoodDollar’s proprietary trading platform, has temporarily halted the exchange of G$ tokens. So, all you can do there is to stake your tokens or donate them to charity.
As the GoodDollar token holds a monetary value, you can convert it into cash through the aforementioned cryptocurrency exchange platforms. Now, if you are new to crypto trading, you need to do some research to find out how you can trade these coins for cash.
This is why I would say the payment system on this platform is a bit more complicated than most GPT and survey sites today. Also, the G$ token is not exactly a stablecoin, so its value is not fully established.
How To Join Gooddollar?
The site does not tell you exactly which country it is available in But from what I can tell; it is available in all countries where there are no crypto restrictions.
To sign up, use your Google or Facebook account. You can sign up without using a password as well. All you have to do is provide your mobile number, and GoodDollar will send you a code via SMS that you will need to input to log into the dashboard.
As soon as you complete registration, you must go through the verification process, as explained earlier, so you can start claiming your free crypto.
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