Earning extra cash through paid surveys and online studies can be a convenient and flexible way to supplement your income, especially for those with busy schedules or limited job opportunities. Testable Minds is a website that claims to offer this opportunity, recruiting participants from around the world to participate in various digital experiments, such as behavioral research, academic surveys, and short cognitive tests. But is Testable Minds a legitimate and reliable platform, or is it a scam that should be avoided?
In this, I’ll take a closer look at Testable Minds, evaluating its credibility, user experience, earning potential, and payment methods, to help you decide if it’s worth your time and effort. Let’s dive in!
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Table of Contents
What exactly is Testable Minds?
Testable Minds is an online platform that connects researchers with participants for psychological and behavioral experiments. It is used by researchers from around the world to recruit participants for their studies, which cover a range of topics related to behavioral economics and cognitive skills.
How can you start earning on Testable Minds?
To start earning on Testable Minds, you’ll need to register an account. You will need to provide your email address, as signing up with social media account options is currently unavailable. Please note that you must be at least 18 years of age to create an account on Testable Minds. Once this is completed, you’ll be able to log in to the platform and begin searching for studies to participate in.
How do you earn on Testable Minds?
The main way to earn on Testable Minds is to participate in studies. When you become a member, you can log in to the member’s dashboard and see all the available studies that you can participate in. Each study will offer a unique opportunity to earn money. Most of the studies on Testable Minds are related to behavioral economics and cognitive skills.
When you click on a study, you will see the maximum number of participants it will accept as well as the number of participants that are currently participating in the study. If the study is already full, you won’t be able to join. To complete a study, you will need to follow the instructions provided and do the work assigned. If the researcher approves your participation, you will be awarded the participation reward, which will be credited to your Testable Minds balance.
In addition to paid studies, you can also earn money through the referral program by inviting other people to join the site. When someone you invite signs up and successfully completes their first study, you will earn a referral bonus, which is currently $1. There is no limit as to how many people you can invite.
How much money can you earn?
The earning potential of Testable Minds may not be particularly consistent because studies are not always available. This means that you can’t expect to earn on a regular basis, but in my personal experience studies do pay well individually. But, you may also have to compete with other members for a spot in a study, which can require a bit of patience.
To increase your chances of being invited to participate in a study, it’s a good idea to complete your profile and verify your account when you first log in to the site. Testable Minds is looking for members who are genuinely interested in helping science, so it’s important to take the studies seriously and not rush through them. The site also has a limit of $50 per month for earnings. Overall, participating in paid studies and on Testable Minds can be a way to earn some extra money while also contributing to scientific research, but it should not be relied upon as consistent income.
How do you cash out?
Testable Minds allows users to withdraw their earnings through two main options: Revolut and PayPal.
The process for cashing out depends on whether or not you have verified your identity. If you are a verified user, you can withdraw your money anytime after you have earned at least $10. If you are not a verified user, you can make your first withdrawal when your balance reaches $20 and subsequent withdrawals when your balance reaches $10.
I would personally recommend using Revolut, as all withdrawals are processed instantly and there are no fees. PayPal is also an option, although it may charge a commission of up to 5% of the total amount for the money transferred. In addition to that, PayPal requests are processed only on Tuesdays.
Frequently Asked Questions
Is Testable Minds available on mobile devices?
Who can join Testable Minds?
How do you contact support?
Closing Comments
So, is Testable Minds legit or a scam?
Testable Minds is a legitimate platform that allows users to earn money by participating in studies. It’s available globally and the rewards can be quite decent. However, it’s not a consistent earner since studies are rather limited and the initial payout threshold is quite high unless you become a verified member. Nevertheless, it’s still worth registering an account in my opinion and to participate in any studies that come your way.
Many thanks for reading my Testable Minds review! If you have any additional questions or concerns please do not hesitate to leave a comment down below.
