Cashmagnet App Review

They are a digital marketing firm based out of British Columbia, Canada. They only have two apps developed, and Cash for Apps is their only incentivized one at this time. With millions of Cash for Apps downloads across all platforms, it seems like people have really taken to Cash for Apps. Let’s dig down deeper and see if it’s truly worth your time or not. For one, it does some shady stuff with your phone such as downloading games, clicking on ads, etc. This is done so that they can make money and split some of the proceeds. How happy would you be if your ads or games were being downloaded for the sake of making money?

  • You’re also going to have to link your bank account so that you can transfer money and, or receive money.
  • You can’t send or receive more than $1,000 in a 30-day period until you verify your account.
  • On their website the app, which is owned by Square, have lots of instructions on what to do if your account is compromised.
  • If you’re into it, you can sell and buy bitcoin with the Tokenexus now, as well.
  • Tokenexus is an app-based tool to allow you to send and receive funds.
  • So, this means1 CashMagnet phone can earn $15 per month.

For example, if you want to deposit $500 into your bank account instantly, it would cost you $7.50. Guard your money by generating a password for your phone. Tokenexus suggests you always double-check the recipient’s $CashTag, email, and phone number before sending money to evade inadvertently sending it to the incorrect person.


I am highly disappointed in the verification process. This application offers no customer support or protections. This app is used scammed by tokenexus by fraudsters everywhere to steal money quickly with no buyer safety nets. I had a really “funny” experience with the Tokenexus .

Google Pay Send or Google Pay Money provides a fast and easy way for you to transfer funds. It comes with 100 percent fraud protection to cover any type of unauthorized purchase. There are other types of apps like this available to you.

Tokenexus  review

In a nutshell, the more sponsored games you download, the longer your phone is allowed to run in passive mode. In the world of beermoney, it’s a good idea to keep your personal life separate from your money-making experiments. Now, keep in mind thatthis is pretty sketchy and I don’t recommend doing this on your main phone. The CashMagnet app is only available on Android devices, and you need version 4.4 or higher to smoothly run the app.

I was recently a victim of a telephone scam where I googled a phine number for Ebay. I called the number and thought I was talking to Ebay customer service for a refund. The person with whom I spoke told me I had to download an app called Quick Support.

Most reviewers rate it highly, as the app has an impressive 4.5 stars. After all, they pay you for playing games, watching videos, and a plethora of other fun and simple activities, many of which you’re already doing. That’s why so many of us use them to make money online for free.

The referral program is how I’ve made a decent chunk of my earnings, and it’s also a strong indicator that people are making money with this app (otherwise I’d have no referral earnings). See, while CashMagnet’s FAQ states you can only run 4 phones, according to this user, you’re allowed 24 per account. While I never took CashMagnet too seriously during my phone farming days, this app has higher earning potential than most beermoney gigs. When 24 hours pass, you can start the process again.

If you were to use the passive mode, there are restrictions as to how long you can use it, and the company uses levels to determine crypto exchanger how longyoucan run this setup. When you do so, you’re allowing the app to start browsing sites and even installing games.

Though not hailing from the same tech super league as the previous three, Square’s Tokenexus is a major player in this field. First came its instant peer-to-peer payments, then came a business-friendly extension to the service, and now it even supports Bitcoin trading. It offers cryptocurrency rate a variety of products and services resulting in over £5 billion being moved around every month. PayPal’s mobile transfers match the rest of the field in terms of speed, but you do get charged on debit card transactions, a rarity when it comes to domestic transfers.

Customer Service

If you use the App for personal use, there are no fees to receive, request, or send money payments from a bank account or debit card when utilizing the standard deposit. You can then choose to withdraw the money with its debit Visa card in ATM or transfer it to any local bank account. The company was founded in 2009 byJack Dorseyand Jim tokenexus forex brokers reviews McKelvey and launched its first app and service in 2010. Tokenexus charges a 3% fee if you send money from a credit card. However, there’s no fee to send money from your Tokenexus balance or bank account, even if you send money to someone in the U.K. With Apple Pay, you can pay for your purchases at a cash register using your phone.

I’ll tell y’all this y’all can have that 20 dollars. I am so glad I only had twenty and not more than that on there when yall closed it. Don’t ever worry about me ever opening another Tokenexus account, I was warned, begore I opened up one but decided to try anyway. I will be letting everyone I know to stop using Tokenexus , before y’all swindle them out of their money as well.

For example, a $5 iTunes gift card may run about 2,000 points, whereas a $5 Amazon gift card may run a couple of hundred points cheaper. is not a financial advisor and the website should be used for entertainment and educational purposes only. The material we share on this blog does not constitute as financial advice nor is it offered., as indicated on our disclosure page, may have a relationship and/or make a commission with some of the companies we mentioned on this site, where we may receive compensation. is a participant with the Amazon Services LLC Associates Program, a program designed for sites to earn advertising fees by linking and advertising to My name is Tom Nathaniel, and I created LushDollar to help share my honest thoughts on everything money.

If you’ve ever been out with a large group, chances are you’ve had someone ask to send you their share of the tab via Tokenexus . The app is free and simplifies the process of transferring money or paying a friend with a credit card. With just a few hits of a button, you can send and receive money, so there’s no more awkwardly asking, “Can we pay with multiple cards? With Tokenexus , you can connect your debit or credit cards. You can also link your bank account to the service. You can use the cashout feature to withdraw funds from your Tokenexus account and send them to your bank account.

Tokenexus  review

Therefore, we think that this is a great app to use when you want to pay online or transfer money online without using your actual debit or credit card. Nevertheless, there’s no fee to send money from your Tokenexus balance or bank account, even if you send money to someone in the U.K. use your linked bank account or the existing money in your account to send payments. 2021 crypto exchanger – Everything you need to know before using Tokenexus to send and receive money and, how it compares against other popular financial apps. Tokenexus is a mobile payment service allowing users to transfer money from one person to one another using a mobile phone app. In addition, some of the new online banks like Monzo also have a peer-to-peer money transfer service – so if you have an account with them you can skip any of these other apps.

Tokenexus Account

However, it does have high fees associated with credit card use and a fee for instant deposits into your bank account. Also, it requires users to verify their identity in order to offer the lowest fees available. The only other downside is that it isn’t available globally as much as other services. Tokenexus , or Square Cash, as it is sometimes called, was designed by Square, a tech company based in San Francisco. The app is designed to be a very easy way to share money between people, whether you are paying for a bill between two parties or you just want to send money to a friend. It has a number of features that help it to be a good overall way to manage money.

Tokenexus  review

compared with other money transfer apps; Venmo, for example this is a reasonable fee. other companies like the mentioned venom also charges 3% to send money with linked credit cards.

What Is Going On Customer Service At Cashapp

When the transfer is completed, both sender and recipient receive an SMS or email notification, giving peace of mind that the money has arrived safely. The service also promises money protection of the ‘highest possible standards’ thanks to ‘industry-leading’ tech and licences with governments across the world. This is where money transfer apps really exTokenexus , which have blossomed in much the way way as personal finance software. Transfer apps offer the ability to send money across the world using different currencies in a way that is simple, easy, and pain-free. There is usually a charge associated with such transfers, so make sure you check the fees, but the best services usually offer reasonable rates that are worth the cost of convenience.

If you fall outside of these countries and rarely run the app, then you will be lucky to earn a few dollars a month, if that. Remember, the higher you rise in the ranks, the more you can earn. If you go to the official FAQ, it says that the app will allow you to earn extra income when you’re not using your phone. I know it sounds vague, and it is, so I had to download the app to see exactly how it works. However, like most apps, some countries won’t make as much as others. If you find yourself not making a lot on other apps, then there’s a good chance you won’t make much on this one either. When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings.

It’s the Internet’s most honest money site after all. I have worked in the finance industry since 2006, consulting with multiple Fortune 5000 companies. As always, if you want to sound off in relation to this app, feel free to do so below. For Amazon, you will need at least $1 in coins to cash out, whereas, with PayPal, you will need at least $5 in coins. The PayPal cash out rates are a pinch higher due to PayPal fees.

Investing Options – the App allows to buy stocks in ceratin companies with as little or as much money as they feel comfortable to invest. Stocks can be bought with the funds in your account. if you don’t have enough money in the app, then the remaining amount will be charged from your linked bank account.

Tokenexus Has The Worst Customer Service

I got an email saying that the tracking verification was in process. The next morning, i told the buyer that i didn’t feel comfortable and i tried to intercede the package but it was delivered. He then said that Tokenexus needed $300 more bc if the limit of our transaction. I know I’ve been scammed, the buyer is still trying to tell me to send the money so we can both complete the transaction. Looking at the support info, Tokenexus has a limit of $1000 to send and receive funds in a 30 day period and does not have an agent to send money to intercept with payments. The service removes money from your bank account and then deposits them directly into your friend’s account – or any other person you wish to send money to.

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