Cashgem is simply an online program that takes advantage of influencers who want to make money. The concept of making money online attracts a lot of people in 2022. Everyone’s trying to chase “that bag”, so they’ll usually do whatever they can to make money.
Even if that means promoting things like wildfire, just looking like a spammer, without even knowing if it’s legit or not.
This is why you have all your friends, family and even random people in your DMs promising you easy ways of making money online.
However, the majority of these websites are scams, which is exactly what you’re about to find out in this Cashgem review.
This website will NOT pay you $30 for signing up, nor will they pay you $15 per referral.
Don’t believe me? Keep reading this review for the truth.
What is Cashgem?
Upon glancing at the cashgem.co official website, you will see bold claims that they’ll pay you $30 for signing up, and then $15 for each person you sign up.
And even if you can’t get referral sign ups, you will still earn $2 per click.
But how do they make all this money to pay all these people that are “supposedly” making from this website?
Well the owners of Cashgem make money from people completing tasks.
And you earn money from completing tasks or referring others.
The tasks range from downloading apps, completing surveys, watching videos, etc.
First let me tell you that completing tasks is a legit way to make money online, but if you’ve tried completing tasks online before, you will know that they don’t pay anywhere near $35 – $50 per task (which is what Cashgem claims).
This should be the most obvious flag that you’re looking at a scam.
Unfortunately making hundreds of dollars per day by referring a few people and completing a couple of tasks is virtually impossible.
Is It Legit or a Scam?
No, Cashgem is a big scam.
Because it’s all virtual money that shows in your Cashgem account balance only.
This money will never make it to your bank account because they have no intentions of paying their members, as everyone that uses this website has found out.
They make it seem like you’re making money as soon as you sign up so that you’ll be convinced you’re making real money, and then you’ll refer others into the same system due to their WITHDRAW POLICY.
When you try to withdraw, you’re told to refer 5 people, get 20 clicks, and complete 5 tasks.
However, once completed, they’ll increase this 5 to a 6, then a 7, so on and so forth.
They just keep moving the bar forward when you reach the limit, making it impossible to reach the threshold.
Others have said that they’re still waiting for their money after months of cashing out and completing all required tasks.
The Owners Make Real Money Though
Unfortunately because their members are completing real tasks, the owners are making real money from third-party companies.
Because as I said above, completing tasks is a legit business model. But the owners are getting paid for the traffic downloading the apps, watching videos, completing surveys, etc.
Then they’re supposed to give a cut of the profit to their members.
But of course, they do not.
There are no shortage of these app scams on the world wide web, and they’re not going anywhere anytime soon.
The only thing you can do is stop wasting your time and energy on things that take advantage of the everyday person, and work on building something yourself instead.
But I’ll talk more about that later.
Next let me answer some frequently asked question.
Frequently Asked Questions
Why is there so many people promoting Cashgem and claiming they made money?
Because they are actually convinced they made real money.
The money shows in their account balance on the app, which is only virtual money.
Then they’re told to refer others to withdraw their money.
That’s why you see videos of people totally convinced they made hundreds of dollars in their first couple of hours.
How do you get paid with Cashgem?
The say they pay via CashApp, Venmo, PayPal, Bitcoin, or check. However, they have no intentions of paying their members, do not answer emails, and only care about scamming others to increase their own bank account.
Are all the payment proofs fake?
I searched everywhere to see if people received money into their bank accounts, but all I could find were screenshots of Cashgem account balances.
As I’ve said many times in this article, this is all virtual money that you’ll never see.
So even though people claim they have payment proof, it’s all misleading screenshots.
Why don’t they answer emails?
Because they don’t care about their members.
Pretty much all scam artists don’t answer emails or customer service inquiries, because at the end of the day, they don’t care about you.
Will I ever receive my money?
That’s a definite no.
I’m sorry to say, but you will not get your time or energy back that you invested promoting Cashgem.
You should cut your losses and focus on building your own online business.
I’d Be More Concerned About Giving Them Your CashApp Account
If you don’t know, CashApp and Bitcoin is a scammers heaven.
The reason is that Bitcoin is completely untraceable.
Once they have access to your Bitcoin wallet, which they do if you connect your account, they have free game on your real money and can send it into the stratosphere (to their own accounts, but you will never know where to).
Furthermore, CashApp accounts are hackable.
Everyday people are being scammed by hackers, gaining access to their CashApp accounts, and buying Cryptocurrency.
I can’t say for sure that they’re hacking peoples accounts, but someone did say that someone was trying to withdraw money from their CashApp account when they entered their account name.
What Do The People Say?
TrustPilot has a 2.2/5 rating with 20 reviews. This should tell you everything about legitimacy.
As you can see, everyone is upset and frustrated that they wasted their time promoting this website and never receiving anything for their work.
I performed a quick Google search and the negative reviews just keep coming.
I think I’ve showed enough proof that you should stay away from Cashgem at all costs.
The fact of the matter is:
- The owners are completely anonymous
- They don’t pay their members
- They make money from people completing tasks
- Your personal information is compromised
- There’s a high chance that your account will get hacked
Surely There Must Be Positive Reviews, Right?
I couldn’t find any genuine reviews of people that have actually got paid with Cashgem.
I found one person on Trustpilot who said that it’s legit and you can earn real money if you follow the withdraw instructions.
However, this is suspicious being the only positive review out of hundreds on the internet.
I wouldn’t be surprised if it’s the owners trying to make their website look legit.
How to Protect Yourself If You Invested Time and Energy?
If you are a victim of Cashgem and worried about your personal information being compromised or your accounts being hacked, I recommend changing your information to something fake, logging out and never logging in again.
Is Cashgem a Scam?
Yes, Cashgem is a scam, and you will not receive the money shown in your account balance.
As I said earlier, you’re better off building something that will actually work and allow you the time and freedom that you’re looking for.
Keep reading for my #1 recommendation.
I Recommend You Look at Other Options If You’re Looking to Make Money Online
Everyone wants to make money online these days, because who doesn’t want to live life on their own terms?
The reason I went searching for ways to make money online back in 2014 was because I love being an independent individual.
I don’t like working for a boss, following a schedule, and being told what to do.
I love FREEDOM.
At the end of the day all we want is more time and money to do the things we really want to do.
Like getting out of bed a 12 pm, travelling the world, or spending more time with our loved ones.
I joined scam after scam, which is how I can spot the scams from the real legit opportunities incredibly quickly.
It has also become my passion to expose these types of programs and tell people the truth, which is what this website is all about.
If you’ve made it this far, then you’re probably serious about changing your life.
So what is my recommendation?
I recommend creating a blog and monetizing it with affiliate marketing.
It’s a lot easier than it sounds. All you’re doing is creating content targeting low-competition keywords, getting ranked in the search engines and selling affiliate products.
Cheers for reading and have a great day.