Get paid to answer surveys from the comfort of your own home? I mean sure, if pennies is all you’re after.
This website/app called Bizcoin Surveys claims that you can earn money in your free time by answering questions.
Now this might be true to some degree, but you should know that the money isn’t going to be huge, just like 99% of of these programs.
However, I’m a man likes to dig a little deeper to see what we are really looking at.
Because everything looks good on the surface until you peel back the layers.
So lets get right into it.
What is Bizcoin Surveys?
This is an app on the app store that promises easy money by completing surveys.
However, you will need to request an invite and get accepted before taking part in answering questions.
Furthermore, you can only be paid out via gift cards.
So if you’re after cold-hard cash, you might as well look away, or skip to the bottom of this article for one of the best money-making opportunities.
When you’re accepted, you’ll need to fill out some questions so they can send you the best surveys to suit you.
Questions they require are:
Gender, age, country, types of surveys, etc.
Once this is done, you can start completing surveys and earn “coins”.
Earn 5000 Coins to Cash Out
Each survey offers coins which can then be exchanged for gift cards.
Also the longer the survey, the more coins you’ll receive.
The minimum payout is 5000 coins which equates to $5.
This is pretty average for a survey site and adds to the legitimacy that people are getting paid their earnings.
As someone that has reviewed online survey companies for many years, the ones with a low minimum payout are usually legit ’cause most people can successfully reach that limit.
So once you reach 5000 coins, you’ll be able to choose a gift card from hundreds of companies.
However, there are many downsides that I want to discuss further, but first lets recap.
In a Nutshell
Here’s the basic gist of Bizcoin Surveys.
1. Request an invitation
2. Receive an email link to sign up when accepted
3. Add your details so they can match the right surveys to you
4. Complete surveys for coins
5. Reach 5000 coins and cash out for a gift card
6. Wait up to 15 days to receive your code
Bizcoin Surveys Pros and Cons
Legit and pays
The good new is that they’ve found to be legit and pay their members their earnings
Variety of card options
They have many gift cards available, especially the more popular brands like Nike, Amazon, Walmart, Papa Johns, etc.
Takes up to 15 days to cash out
Once you redeem your coins for a gift card, the owners have to manually send you a code which can take up to 15 days.
This is far longer than most survey companies which is usually 24 – 48 hours.
No option for cash
The other huge downside is that there’s no option for real cash.
Most companies offer PayPal cash. It’s instant and you don’t have to wait weeks for your earnings.
Low earnings opportunity
You can never earn a significant amount of money completing online surveys, and Bizcoin Surveys is no different.
This is an extremely low earning opportunity, so much so that I don’t recommend it for anyone, but more on that soon.
You need to be accepted first
Why would anyone want to join this company when they make you wait to get accepted?
Especially when there are hundreds of others out there that people can join instantly.
I don’t know why they do this but they’re leaving valuable customers on the table.
Is Bizcoin Surveys Worth Joining?
Unfortunately there are far more cons than pros, and I don’t see anyone benefiting from completing surveys.
Yes you can make a few bucks here and there every week, but at what cost.
Spending hours and hours of your time per day?
That’s just a downright bad investment of your time.
I would rather you spend that time working on yourself or building your own online business.
So is Bizcoin Surveys worth joining?
Bizcoin Surveys is one of the worst survey sites out there in terms of getting paid and registering.
Is Bizcoin Surveys a Scam?
Fortunately they are not a scam and have a history of paying their members.
Should You Join Bizcoin Surveys?
That would have to be a solid N..O..
It’s just a huge waste of time in my opinion.
Especially when you can only earn a few dollars every week, while investing copious amounts of time every day.
Worth Joining: No
Earning Potential: Bad
Time VS Income Earned: Extremely low
Conclusion: Waste of time
If you don’t agree with this review or think I’m wrong on my opinion, let me know in the comments below and we can discuss further.
But if you’re after something better that will actually earn you a lot more money, then keep reading for my alternative.
Bizcoin Surveys Alternative
I’ve always said that making money online is extremely difficult.
Every corner of the internet there’s someone trying to sell you something.
But 99% of everything out there is trash or a downright scam.
I know because I’ve been reviewing products for the last 6 years and I was a victim of these scams 2 more years before that.
So I know what the average person has to put up with, and it wasn’t until 2016 I was shown a program that taught me how to build my own online business.
Now I do affiliate marketing full-time with a blog and written content.
Affiliate marketing in a nutshell:
- Create a blog
- Choose a niche
- Find low-competition keywords
- Write an article using said keywords
- Get ranked in Google (this takes anywhere from 1 – 6 months)
- Get traffic and make money
So that’s what I would recommend instead.