CashMagnet is an Android app that provides users with passive income. It is possible to earn a certain amount of money per month. The payment is usually sent within 30 days after the request.
To start earning in CashMagnet, users should own at least one Android cell phone with version 4.2 or higher. The device is to be rooted, and needs to have at least one GB of RAM, as well as eight GB of storage.
In addition, the utility consumes a large amount of traffic. So it is significantly more profitable to use an active WiFi connection.
While operating the app, you can get Points. It is a virtual currency in CashMagnet. One thousand Points worth one USD, which is also the minimum amount of payment you can request.
It is important to mention that people from developed countries like USA, Canada and the UK can earn objectively more points than users from other parts of the world.
Furthermore, there are referral bonuses that allow you to receive a certain percentage of earnings for people you invite in the app.
The utility helps users earn passive income by installing games and apps, as well as viewing and clicking the ads.
There are daily limits that involve manual activities. Nevertheless the app mainly works automatically while you are not using your mobile phone.
- the biggest possible income per month is 15 USD;
- using VPN is discouraged with 0.5 coefficient;
- compared to CashCrate, here users can not transfer money to their bank accounts;
- many cases of payment delays are occured;
- app is free to use and download;
- compatible with current Android versions.