Introduction
LootCrypto is a rewards platform where users can earn cryptocurrency by completing surveys and engaging with offerwalls. Although it promises the allure of earning digital currency through simple tasks, there are several aspects to consider before investing your time.
What is LootCrypto?
LootCrypto is a rewards platform where you can earn cryptocurrency by completing surveys and playing games. And yes, you can get rewards when you answer surveys and play games.
However, this does not automatically translate to a site worth your time. In fact, there are some important aspects you need to know before deciding whether LootCrypto is worth your time.
To find out if you should join, you first need to understand how it works.
1. Make Money By LootCrypto Paid Surveys
One way to earn from LootCrypto is by answering surveys. When you log into the member dashboard, you will immediately see all available surveys that you can answer. These surveys will come from third-party survey providers such as CPX Research and Timewall
To start earning, choose a survey you want to answer and click on it. As shown in the photo above, you will immediately see the reward you will receive and the estimated time to complete the survey. The first time you click on a survey from a 3rd party survey provider, you will need to set up your profile.
Once you’re set, you then need to answer a set of qualifying questions. Survey providers do this to determine whether you belong to the target demographic group or not. If you’re eligible, you’ll receive actual survey answers. If you fail to qualify, you move on to the next available survey.
There are a decent number of surveys available, however, when I was testing it, the qualifying rate was very low, so you have to be very patient with this earning opportunity. After completing a survey, you will get the promised reward which will be as points.
2. Make Money By LootCrypto Offerwall
Here is the part where you can earn by playing games. When you go to Lootcrypto’s Earn section, you can choose which offerwall you can work on. In case you don’t know, OfferWall is an in-site advertising platform designed to promote specific websites and apps through paid offers.
These paid offers are small tasks you can complete to earn rewards. During my testing, only three offerwalls were available, with one indicating it would be available soon.
That’s a pretty low number for a GPT site. Typically, you will encounter 10 or more offerwalls from larger and more popular GPT sites. Now, when you click on an offerwall, you’ll see all the available offers you can act on.
Between the two active offerwalls, I never received an offer asking me to play a game Most offers only ask me to answer surveys or follow social media pages. So, it seems that this type of earning opportunity (playing games) is not available.
3. Make Money by LootCrypto Referral Program
Lastly, you can earn rewards by inviting people to join LootCrypto via its referral program. You must share your referral link with anyone you want to invite.
Then, when they click the link and sign up as a member, they become your referral. Now, as a reward, you will earn a percentage of what your referrals earn.
You will start with a Tier 1 commission, earning 5% of what your referrals make on LootCrypto. When your referral earns more from the site, your commission will also increase by 1% (shown in the image above).
You can earn up to 10% of what your referrals earn from LootCrypto, which is the maximum level of its referral program. This is a decent way to earn passively, but you must make sure that the people you invite are really interested in earning from LootCrypto.
How Do You Get Paid From LootCrypto?
As explained earlier, you will earn points from earning opportunities by offering it.
When you look at the cashout section of the site, you will see that the threshold you need to hit to withdraw your earnings will be $3.
If you’ve been a member of GPT sites before, you already know that you need to convert points into cash. However, with LootCrypto, they don’t really tell you if you can do it.
Now, as you can see in the photo above, the rewards you can redeem will be as cryptocurrencies like Bitcoin, Ethereum, BNB, Litecoin, Solana and Ripple. So, if you’re hoping to earn cash, you’ll be disappointed because what it offers as rewards is cryptocurrency, which is to be expected since the site’s name suggests crypto rewards.
This means you can withdraw your earnings; You must have a crypto wallet. When you earn at least $3, you can withdraw your earnings to your crypto wallet.
How To Join Lootcrypto?
The site doesn’t tell you exactly which countries it’s available in, but from what I can tell, it’s more or less available worldwide. To sign up, you can use your Google Account or you can create your own username and password.
As soon as you complete the registration, you can log into the dashboard and start earning. The registration process is fairly simple, which is the only bright side of the site.
See More:
Proofreading Services: Earn Easy Money As a Proofreader
Unlock Surveys: Earn Rewards For Your Opinions in 2024
eSurveyBox Review: Earn with Surveys, Tasks, and 2 More
Contena Review: Earn Money By Freelance Writing (100% Easy Processes)
