Welcome to my CoinBoom app review.
So you have stumbled across a new app that happens to pay you for playing games.
In the world of online money-making games, there are so many of them nowadays.
To the point, where if you search even anything related on the app store, you will find yourself with a huge list of them.
However not all of them offer ‘equal’ opportunities, and with the claims that CoinBoom offers it does make you question if this one is going to help you earn money.
Now since you have found it here, you may have come across their advert or claim, where you can supposedly pick up a whopping $80 an hour playing the game.
I do try to keep an open mind, and not leave anything out of reach, but with this, it certainly sounds too good to be true.
The question is if it is.
Well make sure you read till the end of this post to find out if you will get paid
Table of Contents
What Is CoinBoom?
CoinBoom is a making-money app that claims to pay you money for playing games on your phone.
Through playing the various games that they offer, they say you can be picking up $100 gift cards for Amazon, Target and Walmart, aswell as cash payouts via PayPal.
So already it seems to be a gold mine for rewards, however how easy will it be to go from downloading CoinBoom to actually getting paid these?
Now in terms of the app, the developers who own it are called Bipinwin, and they have managed to get the app to a massive 100k installs in a short time span.
However while the app seems to be popular, which of course the amount of interest shows, the app isn’t exactly easy to find.
Not unless you have watched any of the adverts that promote the game.
This is because CoinBoom is currently in early access mode, meaning its essentially hidden.
In the next section I will explain to you why this is and also why the advert is the developers funnel to get interested money makers to download the app.
Making $80 In 1 Hour?
Like anybody would, no one is going to want to turn down $80 an hour.
Especially if a developer like Bipinwin comes your way and says you can earn it through playing different games on there free app.
However this does unfortunately seem quite hard to fathom.
Despite what the image below seems to portray:
Well that above image is from there advert which is filled with contradicting claims the whole way through.
To dissect this further, the advert starts off by showing a few people with stacks of notes lined up.
With the words showing on the screen indicating it was earned by playing this game.
This is shortly followed by 10 seconds of gameplay where it shows a PayPal balance rapidly increase from $30 to $142 in the space of a few seconds.
Now of course this is an exaggeration, and you shouldn’t take this literally.
But with that said the developers are still trying to imply that earning money quickly is going to be as easy as they show it to be.
Which if was really the case, would solve alot of issues.
Firstly if someone could make $80 in an hour playing an easily accessible and free money making app, they wouldn’t need to work a job right?
One of the aspects I also picked up on that didn’t quite add up.
Was the image that shows a picture of the app within the app store.
Shortly after it downloads it shows you a developer called ‘CookieFun’, why would this say this and not ‘Bipinwin’?
Now analyzing these adverts will do your head in.
Mainly because they don’t even try in some cases to make it obvious they don’t really care.
But with everything they portray in there promotional videos is CoinBoom a legit app you can trust?
Well lets get into the app itself now, and how to earn via the app.
How Does It Work?
When you launch up CoinBoom for the first time, you will be given a welcome reward of £9 worth of green cash.
You will also be shown on the same screen, a few newcomer rewards.
Where if you complete some tasks you will get a bonus.
This includes a 50,000 bonus for downloading 1 app and again for doing a 2nd.
This will give you an aditional £9 for completing this simple action.
Where you will find these games to get these welcome bonuses, is within the featured page.
These can be located on the bottom left of the app.
Here you will see various apps and games, with cash amounts associated with them.
As you can see below, you can from around 90,000 to 150,000 per game that you download.
Now there are two interesting points I found.
For one they do actually pay you when you download a game.
The credits instantly applied to your account
Second is the games they offer all seem to be among the same lines.
As in your just downloading more money making games.
Which potentially might not pay you either.
So you could end up entering a vicious cycle of trying more and more different money making games, and getting nowhere with them.
The question is whether you can actually cash out any of these green credits that they give plenty of for free.
How Do They Payout?
With CoinBoom there isn’t any waiting around to meet thresholds to send a request for a pay-out.
So no problems when it comes to that.
However where a few problems do arise is with that request is.
As what seems to be the case is that the virtual money you ask for isn’t actually sent.
Now of course there are plenty of reasons to suggest why this is.
Firstly you have the discrepancy between the developers in the advert, of which company actually owns the game, and is therefore in control of paying?
Secondly we cannot forget the fact, that the game has over 100,000 users.
These are all able to make £9+ within 10 seconds of opening up CoinBoom.
So before CoinBoom can even make money through there video business model, they would need to pay out $9 million in rewards.
I would love to know that a company would do that, however that won’t be happening with this app.
It makes absolutely no sense for them to pay or even give you these amounts to begin with.
Now as we come towards the end of this CoinBoom app review.
Make sure you are diligent out there and are taking your time to inspect an app.
As that can be the difference between you wasting time with one, and potentially earning with another.
Stay safe and I will see you in the next one.