PodCoin App Review: Scam or Legitimate Way To Earn Money?
If you listen to Podcasts, you might be very interested in a new app called PodCoin. PodCoin rewards you coins that you can exchange for gift cards. All you have to do is listen to your favorite podcasts to earn.
Since this is a money making opportunity, I decided to write this PodCoin review to see if it’s an app worth joining. The first thing you should understand is in no way will Podcoin be a large income. Unless you already listen to podcasts a few hours a week or more, it’s probably not an app worth using.
PodCoin and other extra income apps will never be a large income, if you’re serious about making a large online income, check out My #1 Recommendation, it’s how I made over $13,000 online last month!
In this PodCoin review, I’ll cover how to earn, what podcasts you can listen to, what rewards are available, and answer if it’s a legitimate app worth using.
PodCoin App Review
Type: Paid to Listen
Verdict: Legitimate, Tiny Income
In this PodCoin app review, I marked them legitimate. Overall it seems to be a really good company behind it. Just understand that this is going to be a tiny income. You’ll earn 1 coin for every 10 minutes of listening (you can earn a bit more with streaks, more on this later) and it takes 1,200 coins to earn $2, so it’s not an app that will earn you much.
With that being said, all of the Podcasts that I’ve ever listened to are available inside the app, and it seems that pretty much any podcast is available. With similar apps that pay you to listen to music or watch videos, you’re limited to what they want you to listen to/watch. With PodCoin you really can listen to whatever Podcast you want.
As long as you frequently listen to Podcasts, you can use this app to earn coins and will eventually earn enough to get a gift card, or you can donate your earnings to charity right away.
Last Month I Made $13,841 Online
I Bet You're Tired Of Making Pennies Online. No More BS. If You're Serious About Making A Full-Time Income Online You Need To See The TRUTH. Stop Wasting Your Time With The Next Big Thing When There's Already A Proven Method That Works!
Overall a really cool concept, that I think a lot of readers will be interested in, just don’t expect to earn much money or get paid today. It’s going to take hours of listening to earn enough to get a gift card.
How To Earn At PodCoin
What Podcasts Are Available?
I obviously can’t list all of the podcast available, but I did a search for the most popular 25 podcasts, and they are all available to listen to on PodCoin.
In their FAQs, they state that Podcast owners can request for their podcast to be removed. But most Podcasters earn money through the ads they mention throughout the show, and those are still all in there so I don’t think many people would remove their Podcast. The goal is to get as many as people to listen as possible and Podcoin does offer advertising options for Podcast owners, so it’s just another way to get more listeners.
If you’re wondering if a Podcast is available, the app is free to join, so download it and search. If it’s not, you can delete your account and the app.
How Much Do You Earn?
In general, you’ll earn 1 coin for every 10 minutes that you listen to a Podcast. To put that in perspective, a $2 gift card costs 1,200 coins, so it’s going to take roughly 200 hours of podcast listening to earn $2.
You can earn more with what they call streaks. If you listen to 10 minutes of podcasts for 3 days in a row, you’ll start to earn 1.5 coins every 10 minutes instead of 1. As long as you listen to 10 minutes that day, you’ll continue your steak to the next day. The 1.5 coins per 10 minutes continue until you have a day where you don’t meet the 10-minute requirement.
Earn More Referring Friends
The only way to earn more is by referring your friends. You’ll earn 150 coins for the first 4 friends that you refer.
Based on the screenshot above, I’m assuming that you only get paid to refer your first 4 friends and won’t earn after that, but I can’t find a definite answer on this. I should be able to answer this shortly after this review goes live so I’ll make sure to update.
You can exchange the coins you earn listening to Podcasts and referring friends for gift cards and charity donations. At the time of this review, they have Amazon, Dunkin’ Donuts, Starbucks, Google Play and Target gift cards available.
The Amazon gift card starts at $2 and costs 1,200 coins, Dunkin starts at $3 and cost 1,500 coins, Starbucks starts at $5 and costs 2,000 coins, Google Play and Target start at $10 and cost 4,000 coins.
In Podcoin’s FAQs, they state that once you cash out a gift card, it can take up to 3 days to receive it.
The other option is giving your earnings to charity. You can donate your earnings right away in 1 coin increments. Inside the app, they have causes like end world hunger, fight global warming, and many others. It doesn’t actually say what charity it’s going to, but in their FAQs, they do state the exact charity and say that they post pictures of the checks they cut to charities each month on their social media accounts.
Tiny Income/Won’t Be Getting Paid Today
Please understand that this app will never make you rich. You’ll be earning less than pennies when you listen to Podcasts, and it’s going to take hours of listen to reach the cashout amount for a $2 gift card.
With that being said, at this time, it’s the only app I know of that will pay you to listen to Podcasts so it’s not like I can say another app will pay you more.
If you’re looking to make money online and get paid today, this probably isn’t the best app for you. Check out all of the Extra Income Apps I Recommend.
Is the PodCoin App a Scam?
The PodCoin is not a scam; it’s a legitimate way to make a small income over time by listening to Podcasts. Based on their FAQs they seem like a pretty cool company, and if you listen to podcasts frequently, you’ll probably be very interested in this app. Even if you don’t care about earning money, it’s awesome that you can donate your earnings to charity right away.
If you are joining this to try to earn money, just understand it’s going to take hours of listening to earn enough to get paid. As long as you know that going in you should be pretty happy with this app.
To learn more or to join, visit PodCoin.com to get signed up for free!
Please understand that PodCoin and other extra income apps will never earn you much money, and usually pay you pennies for your time. If you’re serious about making a large online income, check out My #1 Recommendation, it’s how I made over $13,000 online last month!
If you’re not interested in getting paid to listen to Podcasts, check out these other ways to earn money from home:
Do you have experience with the PodCoin app? I’d love to hear your thoughts on this PodCoin review in the comments below!