CashMagnet App Review: Legit or Scam

The CashMagent App is only available for Android devices and can be downloaded and installed from the Google Play Store. The company is looking for anyone who wants to download the app and keep it running on their phone. You’ll need to have your phone connected to the internet in order to earn money using this app. The app is free to download and install on your Android device. When using this app there isn’t any type of surveys to complete, tasks to do, or offers to fill out. The app works all on its own in the background of your phone and will earn you money when you’re not using your phone.

How Does It Work?

1. If you own an Android device you can visit the Google Play Store to download and install the app on your phone. This app won’t work on tablets and need a smartphone in order to earn money from the app.
2. You’ll need to create an account and register with the company.
3. When you are not using your phone just leave it connected to the internet to accumulate points in your account.
4. You can have the app installed on 1 to 4 phones that are registered in your name.
5. In order to use this app on your Android device, you’ll need Android 4.2 or higher for it to work.
6. The company says this works best if you run Android 4.4.4 or higher on your device. They also recommend that you have at least 1 Go of RAM and 8GB of storage on your device.
7. The company says this works well on phones that are rooted. However, after the last update, you no longer need to have your phone rooted in order to earn from this app.
8. If you have a few devices that are laying around the house that you no longer use, just update your device to Android 4.2 or higher, download and install the app on these devices. Now connect them o the Internet and leave them running. For every 5 minutes the app runs on your phone, you’ll earn points from the app.

How Do You Earn?

1. When your mobile device is connected to the internet using a WiFi connection the app will use a certain amount of traffic using your device.
2. The site is saying that if you leave your phone connected for 2 or more days, it is possible to earn enough points to cash out from the app.
3. The app uses a virtual currency. When you have earned 10 points in your account this is equal to $0.001. You’ll need 1000 points in your account to earn $1.
4. If you register 4 phones with the company, you can earn money from each of these devices. The company says it is possible to earn $15 a month from one phone. If you are using 4 phones, your earnings will be around $60 for the month.
5. The company has a two-tier referral program. You’ll earn 5% of your referrals earning for life, plus when your referral invites another person to join the app, you’ll also earn 5% of this person’s points for life.
6. The amount of money you earn for using this app will depend on what country you live in. If you have a spare device laying around your home, it is possible to leave this connected 24/7 and earn $15 a month from the app.

What Does The Application Do?

1. The application is using your phone like a BOT.
2. When you have the phone connected the company can now visit different ads from your device, click on ads, and earn money.
3. Furthermore, you are giving the company permission to download and install different apps on your mobile device. You don’t have any say so, to what is installed on your device.
4. The site says they will only use your phone to visit safe sites and install safe apps on your device.
5. Each time the company uses your phone to click on ads, banners, or visit a site they are earning money from their sponsors. In return, the app is sharing part of this revenue with you for allowing them to use your phone.
6. The company recommends leaving your phone hooked up each night and allow them to use your device. The longer the phone is not in use and the more often the company can use your device, the more points you’ll earn in your account.

Level Up:

1. You can level up on the app. When you first install the app you are on Level 1. In order to reach Level 2, you’ll need to download and install 3 games on your phone. If one of the games is deleted, you’ll be returned to Level 1 until you install another game.
2. The app has 4 levels. In order to reach Level 3, the company suggests that you view their video.
3. If you want to reach Level 4, you’ll need to install 5 apps on your device. The apps will appear in the offers portion of the app. You’ll need to view the ads, then click on the proceed to the Google Play Store to download and install the app on your device.

How Are You Paid?

1. You’ll need to accumulate 1000 points in your account before you can cash out.
2. The company allows you to redeem your points for PayPal cash, Amazon gift cards, iTunes gift cards, Google Play gift cards, Playstation gift cards, Strem Gift cards or recharge cards for your mobile phone.

Conclusion:

This is a legitimate app that will pay you to allow the company to use your phone to click on different ads and install apps on your device. This is a bit unethical to me because they are using your device like a BOT. However, there are different sections in the app where you can click on your own ads and install your own apps on your device. If you do this it levels you up in the app and allows you to earn a few extra points. You can have up to 4 devices associated with your account to increase your earning. If you decide to have 4 devices hooked up at once, you’ll earn around $60 a month for allowing the company to use your device. Just keep in mind that the amount of money you’ll earn each month will depend on the country you live in.