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COIN App Review: Does It Actually Work? (2023 Full Details)

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  • Post last modified:February 8, 2023

I previously covered Sweatcoin, a unique platform that motivates physical activity by rewarding users for walking. Another intriguing concept that also promotes movement is the COIN App, which claims to compensate users for “geomining”. But, a valid question arises – does the COIN App truly deliver on its promises or is it simply a time-waster?

In this review, I will be take a closer look at the COIN App and examine its functionality, rewards, and overall user experience in order to determine if the COIN App is a legitimate way to earn rewards or if it falls short of expectations. Let’s get started!

What exactly is COIN App?

COIN App is a mobile application that pays you for geomining – a term used to describe the process of earning rewards through location-based activities.

COIN App main page

How can you start earning with COIN App?

To start earning with COIN App, you will first have to download the application for your mobile device. Due to the nature of how geomining works, it is simply not possible to use the application with desktop devices. Coin APP is available for both the iOS and Android operating systems.

Once the application has been downloaded and successfully installed, you will then be prompted to enter your e-mail address, name and password in order to register an account. As of writing this review, it is not possible to sign up by using any of your existing social media accounts. 

COIN App how to register an account

How do you earn with the COIN App?

The COIN App offers a variety of ways for you to earn tokens and I will be covering each method one by one. 

1. Geomining

Like mentioned before, The COIN App utilizes a unique concept known as geomining, which allows you to earn digital tokens through the use of your location. Unlike traditional cryptocurrency mining, which typically requires a specialized computer rig and energy-intensive operations, geomining with COIN App simply requires a mobile device and a mobile internet connection. 

Once you have granted the application location access, you will be able to choose from four different modes of geomining, each with their own specific requirements for earning tokens. These modes include Open Exploration, where tokens are earned simply by moving around with the app open, Gamified Travel, where tokens are earned by visiting specific locations, Physical Exercise, where tokens are earned by tracking steps taken and lastly Mental Exercise, where tokens are earned by solving puzzles at specific locations. 

COIN App options for geomining

2. Invite friends

COIN APP also features a referral rewards program, where you can earn bonuses by inviting your friends to join COIN. When someone downloads the app using your referral link, they will receive a bonus of 1000 COIN from the COIN team. Additionally, you will earn a percentage of their geomining earnings, which is as of writing this review 10%.
COIN App referral program

3. Complete tasks 

Another way to earn with COIN App is to complete various tasks, which are similar to paid offers found on other applications and websites (usually known as “Get-Paid-To” platforms). These tasks are short and easy activities that you can complete in exchange for rewards in the form of COIN tokens. Some examples of rewarded tasks include answering surveys, signing up for services, and playing mobile games. 
To access these tasks, simply click on the “Rewarded Tasks” option and select the task you are interested in completing. When a task is completed, a reward called geodrop will be available for you to claim. However, I personally found that there aren’t many offers available at any given time, so depending on where you are located, your experience may vary here. 
COIN App how to complete tasks

4. Bonus Drops

In addition to all of that, the COIN App offers you the opportunity to earn bonus rewards through its weekly Bonus Drops feature. These drops provide you with varying amounts of COIN tokens on a daily basis. 

The Bonus Drops can be augmented through various actions within the app, such as geomining, geodropping, and geoclaiming. Also, even when you are not actively participating in any earning activities, simply having the app open and sitting on a location that you’ve previously geomined on, can still result in powering up your Bonus Drops. The bonus rewards can be increased up to 10 times the base amount, providing you with even more earning potential.

COIN App bonus drops

5. Premium plan

The COIN App is free to use, and you can earn rewards without the need for a premium subscription. However, for those looking to maximize their earning potential, the app offers premium plans that promise to enhance the user experience. For example, COIN App advertises their “Plus” plan, which contains such features as:
  • 24x Geomining Rewards
  • 2x faster Geomining Speed & Recharge
  • 2x starting power up for weekly Bonus Drops
  • Geodrop Boosts
  • Geoclaim Shield
  • Additional perks and rewards over basic plan
It’s important to note here that I have personally not used any of their premium plans, so it’s difficult for me to say whether the subscription is worth it. I would certainly recommend not to immediately purchase a subscription and to give the “Basic” plan a try first. But, the option does exist for those who want to get more for their time spent on the COIN App. 

How much money can you earn?

When it comes to the earning potential with the COIN App, it largely depends on how frequently the application is used. Frequent usage allows for mining more tokens and participating in other activities that can help you earn more rewards. As mentioned before, the app also offers membership levels which can potentially further boost how much you can earn with the COIN App. Overall, the earning potential of the COIN App is not bad, but it does require frequent usage and taking advantage of all the features offered.

How do you cash out?

The COIN App allows you to redeem the tokens that you have earned for various rewards, including products, devices, and cryptocurrency. It is important to note it does not currently offer the option to withdraw using actual cash. Example rewards include:

  • XYO token
  • Bitcoin
  • Ethereum
  • Gadgets like Nintendo Switch, Apple Airpods and more
  • Clothes

However, to redeem these rewards, I noticed that you need to accumulate a large amount of tokens, potentially in the hundreds of thousands. While app’s payment system is relatively simple, the rewards offered have a high payout threshold. Because of this, some users may prefer platforms that offer quicker redemption options. 

COIN how to withdraw earnings

Frequently Asked Questions

1. Can anyone join COIN App?

COIN App is available globally, meaning that anyone should be able to join regardless of their location.

2. Is COIN App available on desktop devices?

No, COIN App is not available on desktop devices. In order to use the application, you must have a smartphone with either Android or iOS operating system. 

Closing comments

So, is COIN App legit or a scam?

COIN App is a legitimate platform that allows you to earn rewards by participating in geomining. It has a unique concept and a user-friendly design. However, despite the fact that there are plenty of withdrawal options, the payment threshold is quite high, and the application requires frequent usage in order to maximize earnings. I recommend using the application if you lead an active lifestyle, but otherwise you might want to look at other platforms that don’t require such commitment. 

Sign up for COIN App here!

Many thanks for reading my COIN App review! Should you have any additional questions or concerns please do not hesitate to leave a comment down below. 

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