MultiCoinAds is a fairly new online website that gives you the opportunity to earn very small amounts of cryptocurrency. Generally known as satoshi, this is a paltry figure of Bitcoin, or similar in other cryptocurrencies such as Litecoin or Ethereum.
Many people are beginning to look into these crypto faucet websites in the hope that they will earn some decent money. They’ve seen what happened to Bitcoin in 2017, and are hoping the same can happen again.
For this reason, owning some small amounts of cryptocurrency may sound like a good idea, but is it really? I’ll explain my thoughts on MultiCoinAds and how much you can realistically make in my opinion.
For your information, I am not an affiliate of MultiCoinAds, so I will not be sharing any links to this site. This is an independent MultiCoinAds review, which will explain how it works.
Website URL: https://www.multicoinads.com/
What is MultiCoinAds
Crypto Faucet sites have become a bit of a thing since cryptocurrencies exploded with the Bitcoin phenomenon. MultiCoinAds is just one in a long line of these sites, which offers you the opportunity to earn very minor pieces of crypto known as satoshi.
To give you some idea, one satoshi equals 0.00000001 BTC, which is one hundred millionth of a single bitcoin. So while MulticoinAds will allow you to earn these small amounts in Bitcoin, it’s also possible to earn similar amounts in Litecoin or Ethereum.
Watching PTC (pay to click) adverts is the predominant way you will earn these partial cryptos. For instance, the image below shows 2 different advertisers links that are available to click.
Miny.cc & Claim Bitcoin are the choices above. One thing to be aware of is that antivirus and antimalware programs do not take too kindly to some of the advertising sites. I use Malwarebytes on my PC, and I was alerted with this warning when I clicked on my first ad for miny.cc
I had no such issue with the next advertising promotion, which was Claim Bitcoin. To earn the required 0.00000003 BTC, you need to watch the advert for 10 seconds. Simple enough I know, but is it really going to earn you enough money to make it worthwhile.
Something to take note of is that not all ads are available all the time, and you can only click on each advert once in a 24 hour period.
So there are some limits, which will no doubt limit your ability to earn the amount of money you’d like to.
Something that does concern me greatly is the lack of ownership. Nowhere on the MultiCoinAds website can I find who the owners are. This does make me wonder how legitimate the site is, and if you’ll actually get paid what you earn.
Because MultiCoinAds has not been around for very long, it’s difficult to find reviews of people’s experience using the site, which would give us a better idea.
MultiCoinAds Earning Methods
As I’ve already stated, watching adverts is the main way you will earn from MultiCoinAds. Another way is what’s known as their Multicoin Faucet. Simply fill out a few fields including completing a Captcha code, and you will earn the amount shown
You can choose the cryptocurrency of your choice, similar to what’s shown above.
Other than that, there’s no other methods to earn money that I can tell.
Earning Potential & Payments
To give you some idea of how much you can actually earn from MultiCoinAds, here’s an example.
Firstly, you need to know the value of watching an advert. We know that one satoshi equals 0.00000001 BTC, so what is this in dollar value.
As of writing this article, 0.00000001 BTC is approximately $0.00011.
So lets take the example of 0.00000003 for a 10 second advert. Being conservative, lets say you watch 3 adverts per minute. Remember, you need to take into account loading and closing time.
3 adverts would be 0.00000009 BTC, or 0.0000054 BTC per hour. Convert this to real money and it would be $0.0198. That’s right, not even $0.02c for an hour’s work.
If you find that acceptable, then go ahead and join MultiCoinAds. In my opinion though, this is madness. My time is worth much more than 2 cents per hour.
MultiCoinAds Payment Proofs
Here’s an image of payment proofs that have allegedly been made through MultiCoinAds.
You will notice that they average approximately 0.00013, which is about $1.40. What is not disclosed with any of these payments, is the time it took to get to this figure. There’s a good chance it took at least 2 weeks to reach this amount.
I’m unsure whether these payment proofs are legitimate or not, but I have seen Trustpilot where there’s 2 positive reviews, and one that states ‘today I try to withdraw, and I got banned without further explanation’. This doesn’t fill me with much promise.
So I’d take these payment proofs with a grain of salt. In other words, keep an open mind.
- Easy to complete tasks
- Poor review
- Grueling Activities
- Extremely Poor Value Payouts
Is MultiCoinAds A Scam?
I don’t believe MultiCoinAds to be a scam. However, also I don’t believe it to be a very good earning opportunity either.
Many people do consider these crypto faucet sites to be a scam because of the return on investment, and I can see where they are coming from. However, they do disclose the BTC amount that can be earned, so it’s up to each individual to evaluate it for themselves.
How I Earn Money Online
Earning money online is certainly achievable by anyone, but I need to tell you some home truths. Anyone that does make money through the internet puts in some EFFORT. Yes, it’s possible, but it’s not going to fall into your lap by clicking on adverts.
After scouring the web for legitimate ways to earn money online, I finally settled on affiliate marketing. The reasons for this are these:
- Low cost to get started
- Go at your own pace
- No pressure to dropship sales
- No need to store inventory
- Simple promotion of products
If you’re unsure what affiliate marketing is, you can read my step by step guide to affiliate marketing which will run you through the process.
For those that do know what it is, you can read how to get started with affiliate marketing from scratch, showing you how it works, and get started immediately.
I find this the best opportunity for newbies to get started earning money online, as other options I mention on this website could be more difficult. These include eCommerce dropshipping and Amazon selling, both great options to earn big profits but have bigger startup costs.
Tired of seeing Scams or endless fraud sites?
MultiCoinAds is just another in a long line of Crypto Faucet websites, and you’re not going to get rich from signing up with any of them.
My option is that these sites will only waste your time, as the returns are way too low. There are more lucrative ways to earn money online, but be prepared to put in some effort.
Like many people, I struggled in my early attempts to make money online. It's really frustrating when you try product after product, searching for that elusive opportunity that is really genuine.
Eventually though, I learned how to achieve success in the online world with my own website. This website was created to show others how to do it. I direct people away from the poor opportunities and advise the good ones.
But the simplest and least complicated is [Learn more...]
Disclosure: Links in this post may be to our affiliates; sales through affiliate links will not cost you any more. More info at my disclaimer page
The opinions in this article are solely mine, are are not intended to offend or discriminate. All information in this review has been researched on the public domain of the internet.