Like most of us, you probably spend a good portion of your day doing things online like watching ads, videos, etc. But did you know you can get paid for many of the things you’re already doing. My guess is you do know this, which is why you are reading through various CoinBulb reviews to see if this thing is the real deal. Well if you want to know the ugly truth about this company, you better read this shocking CoinBulb review. You’ve been warned!
What is CoinBulb?
CoinBulb.com is a service that connects advertisers who want to show ads, with people who are willing to view them, in return for Bitcoin. While the company doesn't publish company information, it appears to have been live online since some time in 2016. The cost of CoinBulb ads, and compensation for clicking them, is calculated in Satoshi, the smallest possible unit of Bitcoin, which represents one hundred millionth of a Bitcoin.
How does CoinBulb work?
“Clickers” need to watch ads for the required amount of time, from as few as 10 seconds, to as long as 1 minute, before earning their rewards. For every ad viewed, you earn up to 0.00100 mBTC.
How much money can you make with CoinBulb?
There are basically two ways to earn money which will impact how much you can earn with CoinBulb!
Coinbulb posts a current list of their payouts on their website so you can see users cashing out and getting paid in real-time. Of course, there is no way to know how long it took people to earn these amounts and make the cashout threshold.
Most of these cashouts are for extremely small amounts, when converted to USD at the current exchange rate, and the majority of the cashouts are less than $1.
In the best-case scenario, if you earn .00000010 BTC (the highest rate offered) for viewing a 10 second ad (the shortest time required), you can earn one US cent every 100 seconds, or 36 cents per hour.
However, watching ads isn't the only way to earn money on CoinBulb. They also have an active referral program and a daily bonus program.
The CoinBulb referral program allows you to earn 8.5% of the click earnings of anyone you refer, as well as 1.5% from their deposits onto the platform.
If you have a premium membership, you can earn double the amount from your own clicks, and 17.5% of the clicks of your referrals, and 12.5% earnings from their deposits.
If you log in every day for a month as a clicker, you earn 10 days of premium membership as a reward for your loyalty. If you miss a day, or want to buy premium membership (which earns double the click rewards), you have to buy it out of an “ad balance”, which means moving some of the mBTC you've earned on CoinBulb from your account balance (which can be cashed out) to your “ad balance”, which cannot be.
How & When Does CoinBulb Pay You?
CoinBulb has two withdrawal methods and two cashout thresholds.
- If you are withdrawing manually, the threshold is 20,000 Satoshis or .0002 BTC. (about $2.00 when converted)
- If you are transferring your balance into FaucetHub, the threshold is 5,000 Satoshis or .00005 BTC (about $5.00 when converted)
All cashouts are processed within 48 hours.
So clearly this is not a source of income you can rely on once you are done converting BTC into USD. If you don't like the idea of putting in a lot of effort for very little money, don't worry. You can make real money working part-time or full-time using My Best Work At Home Recommendation.
How Do You Sign Up for CoinBulb?
Just go to CoinBulb and complete the registration form.
What We Like about CoinBulb
Let’s have a look at some of the positives we like about CoinBulb.
Really pays Bitcoin
You don’t get a lot of sites that pay in Bitcoin, but you can really earn Bitcoin on this platform which you can keep or convert into USD.
Clicking and watching advertisements is literally the easiest way a person can earn rewards, requiring little effort or attention.
Let’s have a look at some of the red flags we found. We will let you decide if these are deal-breakers or not.
No BBB Rating
At the time of writing this, CoinBulb doesn’t have a Better Business Bureau listing so you won’t be able to verify any information there. This may be a deal-breaker for those of you who pay close attention to these ratings.
As you may have noticed above, the best-case scenario with CoinBulb is that you can earn is about 36 cents an hour. While clicking and watching ads is certainly easy, it’s also why you’re not going to make a lot of money doing it!
Fortunately, there are sites like Swagbucks.com, Fusioncash.com, and Inboxdollars.com that will pay you to do what you already do online anyway, like clicking ads or watching videos. You can also make extra money by taking surveys at SurveyJunkie.com. So those are all possible alternatives to CoinBulb that may pay you more.
However, if you're looking for an opportunity to make a real part-time or full-time income online, you might want to check out My Best Work At Home Recommendation to increase your chances of higher passive income.
Account Cleared After 60 Days
Some people might not be aware of this unless they read the terms of service, but if you don’t log into your account at least once in a 60 day period, all your earnings will be reset back to zero and you won’t be able to withdraw it.
Is CoinBulb legit or a scam?
CoinBulb is not a scam, but is it a good way to make money online? If you are an optimist, you may view CoinBulb as an investment, as a way to store up some Bitcoin, hoping that Bitcoin will surge in value and you will reap the benefits. However, if you are looking to make real money that you can use right now, to buy a cup of coffee or pay the bills, CoinBulb might not be the way to go at the moment.
It's always a good idea to have multiple streams of income. You can make money completing surveys at SurveyJunkie.com or clicking on ads and doing what you already do online like reading emails, watching videos, playing games and more at sites like InboxDollars.com, SwagBucks.com, and FusionCash.com.
So, that’s my opinion on CoinBulb. If you have any questions, you might find your answer on their FAQ page. If you have any thoughts or comments, please leave them down below in the comment section.
Until next time
Eddy “with a Y”