Are you looking for ways to earn a bit of crypto in your spare time? If so, then you may have come across a platform called CoinPayU. This website promises to pay for participating in various activities, such as viewing ads or completing a wide range of offers. However, you might be wondering – is it actually a legitimate way to earn cryptocurrencies, or just another scam?
In this review, I’ll will delve into the workings of CoinPayU, exploring its features, payment methods, pros and cons, and ultimately determining whether this platform can indeed be a trustworthy source of earning crypto on the side. Let’s get started!
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Table of Contents
What exactly is CoinPayU?
CoinPayU is a “Get-Paid-To” platform that focuses on cryptocurrencies, and allows you to earn money by completing tasks such as viewing ads, answering surveys, or playing games.
How can you start earning on CoinPayU?
To be able to earn on CoinPayU, you are going to have to register an account. At the current moment, it’s not possible to sign up using any social media channels, so you will need to have an existing email address in order to be able to create an account. Once done, you should be able to log into the platform where you can begin earning money.
How do you earn on CoinPayU?
As a GPT (“Get-Paid-To”) platform, CoinPayU features a variety of methods for earning money, all of which will be discussed in this section of the review. As you complete activities on the website, you get rewarded in the form of “Satoshis”, which can later be converted into any cryptocurrency that is supported by CoinPayU or a Payeer payment.
One option for earning Satoshis on the website is by viewing ads. This can be further divided into four separate categories – Surfing ads, Window ads, Article ads, and Video ads.
Surfing ads work like this – you’ll be given a selection of links to choose from, where you’ll also be able to see in advance the reward and how much time you need to spend on a certain website (usually it’s in the range of 30-60 seconds). After opening a page, all you have to do is wait for the countdown to go to zero, after which you can close the page and you should automatically receive the promised reward.
Window ads are similar, but instead of a timer, there will be a progress bar at the top, and once it gets to the end, it should automatically refresh the page and you will receive the promised Satoshi reward.
As the name suggests, Article ads require you to view an article for a certain amount of time, and also you’ll be required to complete one of the actions to get rewarded: view the image, visit one of the links inside, or click the tag of the article. However, keep in mind that any site/app/link served through advertisements is not an endorsement or recommendation by CoinPayU, so it’s important to exercise caution when clicking on any links.
Lastly, there are also Video ads. You’ll be required to select a video from a given selection and to view it for a certain amount of time (15-30 seconds or so). After that, you will receive your Satoshi reward.
Another option for earning money is by answering surveys. These are brought to you by third-party survey providers, with whom CoinPayU has partnered, since CoinPayU does not offer its own surveys for you to answer.
You’ll be able to view in advance how much each survey pays and how much time it might take to complete one. When answering surveys, make sure to always keep your answers truthful and consistent, as otherwise, you risk being disqualified in the middle of a survey.
Surveys can cover a wide range of topics such as technology, travel, hobbies, and more, and in general, last anywhere from 1-30 minutes in length, but most tend to be on the shorter side. You might also have to take a screener survey as well to find out whether you are actually eligible. However, you need to keep in mind that you will not always qualify for each and every survey, since research companies are usually looking for specific sets of demographics when selecting participants for their surveys.
The main four survey providers on CoinPayU are BitLabs, Theoremreach, CPX Research, and Pollfish, but this selection can change at any point in the future.
Claim the faucet
CoinPayU also features a faucet, which allows you to claim a small amount of crypto once an hour. This applies to all the coins supported by the website, and they all have their separate cooldown timers. The way it works is simple – after solving a captcha and waiting 10 seconds, you’ll be able to claim a small amount of cryptocurrency. This will certainly not earn you a lot, since the amount that you can claim is really low, but it’s still a simple way to earn a small amount of crypto.
To potentially increase your earnings, the website offers membership plans. They are separated into four tiers – Standard, Junior Partner, Medium Partner, and Senior Partner. These come with increased rewards for things such as viewing ads, claiming the faucet, or inviting your friends. I would personally recommend not to jump into this immediately and thoroughly test out the website for yourself, and only consider this if you really enjoy earning on CoinPayU.
In addition, you can also complete something known as “Offers”. Offers are basically tasks that can include various activities such as playing games, signing up for other websites, testing applications, and more. CoinPayU has a decent selection of “Offerwalls” to choose from, which are third-party partners (just like survey providers), such as Lootably, Offertoro, and ayeT-Studios, among others.
And, similarly to surveys, you can view in advance how much each offer pays and what kind of actions you must complete to receive the payment. To ensure that you actually receive the promised reward in the end, make sure to read through any rules and requirements beforehand carefully, to avoid any potential issues. If you run into any trouble, then you will have to contact the offerwall separately to find a possible resolution to your issue.
As a final option, CoinPayU has a referral program that allows you to earn a bonus by inviting your friends to join the platform. Once your friends have signed up through your invitation link and they become your referral, you will earn 10% of their ad surf earnings and 10% of their offer earnings (increased depending on your membership plan). It can be an easy way to make a bit of extra income on the platform, but remember that your friends will have to be active users on CoinPayU in order for you to gain any benefit from it.
How much money can you earn?
The amount of money you can earn on CoinPayU depends on several factors, including how much time you spend on the platform and the type of tasks you complete. Claiming the faucet and viewing ads generally offer very low rewards, while surveys and offers do a bit better in that regard, but when compared to other similar GPT sites, the overall earning potential of CoinPayU is not that high.
The referral program as well as the membership program can boost your earnings, but for the latter, you must really make sure that you want to use CoinPayU in the long run in order to make a profit. So, CoinPayU is not the worst “Get-Paid-To” website out there, but it’s also certainly not the best.
How do you cash out?
As previously mentioned, CoinPayU focuses mostly on cryptocurrencies, which means that the main way you can withdraw any earnings from the website is through crypto. It’s also possible to cash out using real money by using a platform called Payeer.
As you complete activities on the platform, you get rewarded in the form of Satoshis, which can later be converted into either a Payeer payment or any cryptocurrency that is supported by the platform, such as Bitcoin, Ethereum, Litecoin, and many more.
Each withdrawal option comes with its own minimum payment threshold, and some of them even have fees, so make sure to double-check that before cashing out any earnings. All payments are usually processed within 3 business days (but not on weekends).
Frequently Asked Questions (FAQ)
Is CoinPayU available on mobile devices?
At the time of writing this review, CoinPayU did not have a separate mobile application available, but the website itself is optimized for mobile browsers, so you should be able to earn on the go without any problems.
Can anyone join CoinPayU?
CoinPayU is available worldwide, which means that anyone should be able to join the platform, regardless of their location.
How do you contact support?
You can reach CoinPayU’s support team by scrolling down to the bottom of the page, and then clicking on the “Help” option. It will take you to their help center where you’ll be able to submit a ticket as well as browse their FAQ section to see if your issue has already been addressed.
So, is CoinPayU legit or a scam?
CoinPayU is a legitimate GPT (“Get-Paid-To”) website that pays you for completing various tasks. It’s simple to use and has multiple opportunities for earning money, but the overall earning potential of the platform is relatively low. It’s not a terrible GPT website, and can be a decent option if you want to earn crypto, but keep in mind that you will most likely not earn a lot on this website unless you plan to use it long term and invest money into one of their membership plans.
Looking for other cryptocurrency platforms? You can find them here!
Many thanks for reading my CoinPayU review! If you have any other questions or concerns please do not hesitate to leave a comment down below.