What is Cash Magnet app?
The Cash Magnet app is an app that lets you earn passive income simply by having it installed and running on your phone.
How does it Work?
Cash Magnet app works while you are not using your phone. The optimal times to use it are when you aren't going to be using your phone for an extensive period of time such as while you are at work, or sleeping. What it does is while running, it is clicking on banners, watching advertising, visiting various sites and downloading games. The site promises that all of the sites are safe and the game (app) installs are all trusted. and the longer that it is running the more money that you earn. The app states that points accumulate every 5 minutes of the app running.
How do you sign up?
The app is only for Android users at this time. You can create an account in two ways, either by the cashmagnet website, or on the app itself. Once you create your account, you will need to verify your email, then you will be ready to go.
How do you get paid?
You must have a minimum of $1 in your account before you can request a payout from the company. They offer multiple reward options as well such as: Amazon, iTunes, Google Play, Playstation, Xbox, and your rewards will be sent to the email you used to create your account. For PayPal, your rewards will go to the email that you entered as your designated PayPal email.
When do I get paid?
The site says to give at least 48 hours to receive your payout after requesting a withdrawal to your cashout option of choice and if you have not received anything after that time period, to please contact the site and submit a support ticket.
Referral Program:
They do offer a referral program.
Cash Magnet app offers a 2 level referral program. You will get 5% of what your invited referral earns and you will also get 5% of what their invited referrals earn as well.
Ways to earn even more:
When you first get started you are only allotted a specific amount of time that the app can run before it times out which can make it slower on getting points. One of the ways to earn more is by downloading certain apps that cashmagnet has listed, and once downloaded, the app will then extend your time for it to run, and the longer it is able to run, the more points you are able to earn.
Cash Magnet App is a legitimate way to earn some passive income on the side just by simply having it installed and running on your phone.
