You can download CashMagnet App from Google Play Store for making Passive income while you do nothing.
But, can you make money with CashMagnet App?
At first, it sounds like a Scam. If making money is that easy, then why everyone has not installed this App.
CAshmagnet app review - quick report
CashMagnet App Review - Summary
You can install CashMagnet Mobile App on your Android Phone to make Passive Money and earn $15 to $20 per month without doing any work.
This is not some business opportunity to make you financially sound.
However, if you are looking forward to building your own online business and starting making 6 figure income, you can check out my recommended Platform by clicking the link below.
Over All Rating :
Therefore I decided to review the CashMagnet App to know how you can make money with CashMagnet App and How much?
What Is CashMagnet App?
People's opinion about CashMagnet?
CashMagnet App is free to download on your Android Phone, and as claimed, you can make money even when you are not using your Mobile.
You are not required to participate in surveys, complete other Tasks, or Play any games, and still, you can earn Passive Income.
CashMagnet App has a referral program as well that resembles MLM in some ways
The Owner claims that as Long as App is on your MobileMobile and you have an internet connection, You will continue to make money.
We need to understand how they are making money through this App and paying you.
How CashMagnet Works?
I decided to dig further by installing CashMagnet App on my Mobile Phone and see it working.
After watching closely, I realized that the App uses the Android Phone Like a BOT.
It may seem unethical, but that's how they are making money and paying you.
The App will look for online Ads and click them Automatically even when you are not using Your Mobile Phone.
The App keeps on working in the background to complete More tasks like downloading the games and clicking on paid Ads.
The process may not be ethical. Companies run Paid Ads so that human beings and not bots view them.
Companies have paid for running those Ads for generating Leads and converting them into Sales.
But this is How it Goes, and I think you won't mind as long as you make money.
How Much Money Can You Make With CashMagnet?
If you think you can make enough money with CashMagnet and support your family, you are not on the right track.
Yes, you can make some passive income, but that won't be much.
The income would also depend upon the location and speed of the internet connection.
People from the USA, UK, European Union countries, Australia and Canada can make maximum money but not more than $15 to $20 per month per device.
You can use up to a maximum of 4 devices which gives you a chance to earn $60 to $80 per month.
People from the African region have claimed that they are not making any money with CashMagnet App.
Money is not enough, but it is not that bad, even if you can make $15 per month without doing anything.
Since CashMagnet App always be active in the background, there are chances that it may kill your Mobile Phone.
Some people have uninstalled the App after using it for a few days as the ads running in the background have slowed down their Mobile Phones.
After installing the App, you may also have to download at least one game for App to work in passive mode.
And the more games you install, the more chances you have of accumulating points. The points earned will be converted to money.
One thousand points earned are equal to $1.
Once you have $1 in your account, you withdraw into your Paypal account or BitCoin Wallet.
CashMagnet Referral Program:
CashMagnet Has a two-tier referral program. You will earn money through your direct referrals and referrals at the second level.
You will find mixed reviews on the Google Pay for Cash App.
All the people promoting this App have given a five-star rating. They will also leave their referral code in the review.
Once people download the App by clicking these referral links, Affiliate marketers will make money.
You can earn a 5% commission up to the second level by referring people.
The rating left by users also depends upon the location of the users.
For example, the people from countries having fewer or no sponsors are not making any money. Therefore they leave a low star rating.
App working continuously in the background tends to make the Phone very slow.
Hence some of the people are using it at night only and stop it during regular working hours.
- CashMagnet is Available worldwide.
- You can make money without absolutely doing anything.
- Works 24X7
- Good Customer Support via email, chat, and Facebook group.
- User-friendly Interface.
1., Only People from the USA, UK, Australia, India, and Canada are making good money but not more than $15 to 20 per month.
2. Slows down your Phone tremendously.
3. Some of the people have complained that they have not received the money in time.
Is CashMagnet A Scam?
CashMagnet App is not a Scam. People are making money with CashMagnet without doing any work, however small it may be.
$15 to $20 is not big money. Still, you may be interested in downloading the App as it comes without putting in any effort.
Moreover, you can make more money when people install the App using your referral code.
Further, you can withdraw as little as $1 directly into your PayPal account or Bitcoin Wallet.
You can make some money with mobile Apps like CashMagnet, but that will not be enough. You can not treat it as an online business.
If you are looking forward to establishing your own online business and being your boss, you may have to look for other legitimate options.
Affiliate marketing is legitimate, but you must be ready to learn and work hard initially for a few months.
Once you have your affiliate website, you can easily make 6 figure monthly income.
If you are keen to learn and be your boss, click the link below and check out my recommended # 1 program.
You can share your experience with CashMagnet App by leaving a comment below.