If you've looked into the many ways of mining crpytocurreny, or have taken any interest the the ERC-20 token called XY Oracle (XYO), you've probably come across the COIN App.
Overall, the application is fairly easy to use. Move around and collect coins, an intermediate currency used to exchange for XYO, or even things like ETH, BTC, gaming consoles, sweepstakes entries, etc. Even without moving around, you have the option to complete surveys (10-25 minutes long typically) for rewards or play quick mini games to clear a tile you've already mined so that you can mine it over and over again.
When it's time to redeem, you add a wallet address and your crypto is sent within a few days relatively easily! I was able to get my payment in less than 36 hours from the time of cash out. My wallet address even pays out small interest (HODL rewards) on what I have verified through the app, in addition to what I hold in game.
But what all goes into using this app, can you actually make money off of just using it in your everyday life?
The short answer yes! But with anything, you still have to work for it at least a little bit.
• Sentinels
The easiest way to jump-start your earning is by getting a Sentinel, which comes in an NFC capable card or Bluetooth capable pendant. Either of these will multiply your earnings by 12 on basic (or give you an additional 10% in the event you have a paid subscription). I was able to just pay shipping on mine, as I received an offer via email after creating my COIN* account, this cost me $12.95.
• Subscriptions
Here you can see multiple options for paid memberships with the COIN App. I was given a 10 day free trail after ordering my sentinel, then spent the $34.95 for one month of Pro. There is an even higher tier known as Master that is only accessible to existing customers, but I wanted to see how far I could get with the 40 days I had with the game on a Pro membership. Subscriptions can be cancelled at any time with a few clicks, I didn't incur any questionable charges or extra months I didn't want. I did this for both my free trial and the paid month of Pro, easy peasy!
• Multiple Devices
Many users have old phones or tablets lying around, and the app only needs a wi-fi connection or data to operate properly. So they'll make other accounts and just leave the device to farm at home while they're out working, driving, or whatever else they do. Multiple devices can link up to Sentinels as long as they have the NFC/Bluetooth capabilities. You can airdrop your earnings from those accounts to your main account a few times each day and just send it all to the same wallet when you redeem.
• Referral Bonuses
Of course, companies are always willing to send you something for getting them more customers. Any account using your Referral link will send you 1% of their overall earnings! This doesn't mean that the other earner is only getting 99% of their mines though, they are still keeping 100% of their mines. If you play with others nearby who also have paid memberships, you get a bonus called "Team Lift" meaning you all get boosted earnings within a close vicinity of one another.
With the recent skyrocketing value of XYO, I heavily recommend using this app. It really does feel like a game, and can actually earn you some money.
I was able to spend $47.90 on my sentinel and subscription, yet have over $89 of XYO currently in my COINBASE Wallet. Not quite doubling what I spent, but I have a short commute to work and haven't been going out really due to the Pandemic. I'm not taking into account electricity costs or the cost of my data plan as I didn't incur any additional charges on my phone bill, and didn't charge my phone anymore than I do normally.
Here's an actual peak at my Coinbase Wallet:
Coinbase Wallet (NOT Coinbase Exchange) isn't the only Wallet capable of getting your XYO. You can also try Trust Wallet, MetaMask, and KUCOIN as options to receive your rewards!
Tips:
• Do surveys when you're not moving around much, you can earn up to 1,500 COIN per survey. They aren't all winners though, sometimes you have to weed through surveys that don't need your opinion for any given reason.
• Leave it on while you drive, as there is a setting to auto-mine tiles you pass through.
• Home Base bonuses don't do much for you, it's not worth staying in one spot to mine. They cap too quickly, and having a sentinel gives you the same bonuses but faster.
• Hold your coins for your first exchange, the gas fees will really eat away at you if you don't make each transaction worth it. I waited until 106,000 coins before cashing out even though the minimum is just 10,000 coins. Careful on cashing out too early for another reason: after that first cash out, your minimum goes up 50,000 which is very unattainable if you're not on a paid membership.
• COIN --> XYO exchange rate varies largely with the worth of XYO, so maybe assess that market before cashing out! Waiting even one extra day could get you a few extra thousand XYO. I got 44,164 XYO for 106,000 coin. Don't worry if the amount looks smaller, market fluctuations happen!
• Have fun with it! It makes it a lot more worth it later on.
If you'd like to check out this app for yourself here's my referral link that comes with 1,000 coins to start you off: https://coin.onelink.me/ePJg/ed5274be
If you drive for a living, or work in multiple locations, I really do recommend looking into this gold mine and trying it out for yourself!
This is by no means a paid promotional article, this is first and foremost an opinion piece to help y'all navigate all the potential scam artists out there. Happy mining everyone!
