This app makes us money, both on our personal phones that we keep with us and use every day, and also on our growing collection of home phones that we are using solely for the purpose of making money.
This is a classic example of how “little by little, a little becomes a lot.”
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We started with the app on one phone, and we explored everything about it. There are so many ways to earn coin on this app. Simply having the app on (and in the foreground), mines coin. Our experience when we dedicated our iPad to running the app continuously, was an accumulation of at least 11,000 coin for two weeks of running it.
You can also earn coin for playing games, taking surveys, downloading apps, etc., just like with a lot of other reward programs, and Coin has monthly special days where you can earn even more for these activities.
When you reach 10,000 coins earned, you can redeem the coins for some pretty cool stuff, including gold and silver coins, t-shirts, gaming systems, and more, and also for cryptocurrency. The cryptocurrency of the app is XYO, but you can also redeem for Bitcoin or Ethereum.
We’ve been redeeming coin for about a year now and it always works out to be around $5.00 worth of crypto for every 11,000 coins.
You can redeem coin once every two weeks, so a month of doing nothing at all except having it on will net you around $10.00. If you play the games, take the surveys, sign up for special offers, your earnings will be substantially more.
As I am writing this, we have several phones running the app, so we are essentially making an extra $10 a month per phone, passively. We plan to run the app on 100 phones, which will earn us at least $1000 each month.
To have multiple phones running the app, you need to sign up each phone with a different email. This is completely allowed by Coin, at the time of this writing. You only need to have one email for redeeming the coin.
To receive the crypto and turn it into cash, you will need to use a cryptocurrency exchange platform, such as Coinbase. It’s really simple to use. It’s what we use exclusively (again, at the time of this writing). The crypto is sent to your Coinbase email and deposited. You can leave it there as an investment or convert it to cash and send it to your bank.
I can’t begin to tell you how awesome this app is. The money is so easy to earn and is helping us through some really tough times. Each phone we add to our “phone farm” is another $10 increase to our monthly income.
Ten dollars doesn’t seem like a lot, but it adds up and the fact that it can be earned by essentially doing nothing is absolutely amazing. We love it! I know that you will, too.
I asked Copilot to write for a little more detailed information on the Coin App. Here’s the sample it wrote for me:
Exploring the Coin App: A New Way to Earn Digital Assets
In the digital age, earning rewards through apps has become increasingly popular. One such app that has caught the attention of many is the Coin App. Launched in early 2019, the Coin App offers a unique way for users to earn digital assets by validating geospatial location data. With over 5 million users, the app has created a buzz in the world of digital currency and location-based services.
What is the Coin App?
The Coin App is a mobile application that rewards users for their geospatial data. It uses XYO Foundation’s open-source technology to ensure that users are where they claim to be, preventing location spoofing and protecting the integrity of the data collected. The app is available on both Android and iOS platforms and has been designed to be user-friendly and accessible to all.
How Does the Coin App Work?
Users can earn digital assets in the Coin App by traveling, commuting, jogging, or simply moving around in the real world. The app turns these everyday activities into opportunities for users to collect ‘COIN’, the app’s digital currency. These digital assets can then be redeemed for various rewards, including gaming systems, tablets, and even cryptocurrencies.
Why Use the Coin App?
The Coin App stands out because it rewards users for something they do every day: move. Unlike other apps that collect location data without compensating users, the Coin App believes in rewarding its community. It’s a win-win situation where users earn rewards while providing valuable data.
Maximizing Rewards with the Coin App
To get the most out of the Coin App, users can utilize extension devices like the SentinelX BLE and SentinelX NFC. These devices enhance the user’s ability to collect COIN by providing a constant rewards boost. The SentinelX BLE offers a hands-free experience with a range of up to 150ft, while the SentinelX NFC requires no battery and is waterproof, making it a convenient wallet companion.
The Future of Geospatial Data
The Coin App is more than just a rewards platform; it’s part of a larger movement towards valuing and utilizing geospatial data. As the app continues to grow, it’s paving the way for new applications of location-based data and the potential for users to be part of an expansive data network.
Conclusion
The Coin App is an innovative solution for those looking to earn rewards from their geospatial data. It’s easy to use, offers valuable rewards, and respects the user’s contribution to the data ecosystem. If you’re interested in turning your daily movements into digital assets, the Coin App might just be the perfect fit for you.
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