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Do you often shop online? If so, there’s an app called SocialGood that might interest you.
This app claims that you can earn cryptocurrency while shopping online. So, if you are a regular online shopper and want to enter the world of cryptocurrencies, this might be your chance.
I say “probably” because first you need to know if it’s legit or just a scam.
So, are social goods legal and are they really worth it?
This SocialGood review answers all of these questions. I tried the app. I will share my findings and recommendations at the end of this review. So if you want to know more about the app, read on to find out what to expect.
What is SocialGood?
SocialGood is a cashback app that rewards you for using cashback offers and other earning opportunities.
Yes, it is a legit app. Because when you use a cashback offer, you fulfill your claim to offer cryptocurrency.
Now, to understand how the app works, we need to look at the revenue opportunities it offers. This way you will know what to do to win the prize. Now let me show you how to make money with SocialGood.
Option 1 – Exchange Offer
The main way to earn money on SocialGood is through cashback offers. To do this, you need to download and install the application (which we will talk about later). So open the app and you will immediately see all the stores that offer cashback.
If your purchase from our store meets all the requirements, you are entitled to a cash back bonus. To clarify, the prizes accepted are SocialGood Coins (SG). This is a cryptocurrency application. Later I will talk about what you can do with SocialGood Coin.
One thing you should know is that it takes about a month for the cash prizes to appear on your SocialGood account. Before the app can actually provide cashback, you must first cancel the cashback period at the time of purchase. This is usually the case with any cashback platform.
So don’t expect an immediate refund.
But the great thing about this option is that Social Good gives you access to deals on over 1,800 sites worldwide. The exact amount you can access depends on your country of residence.
Option 2 – Referral program
Another way to earn money with SocialGood is through our referral program. If you are a member of other cashback apps/sites or payee sites/apps, you will be very familiar with this feature.
Also, the referrer must make a certain amount of purchases before receiving the prize. This ensures that the people you invite are genuinely interested in the platform.
These opportunities are relatively easy to come by and the rewards for a great referral program are very high. We’ve also included an invite link at the end of the exam so you can enjoy the benefits of membership.
Option 3 – SG Participation
Finally, you can participate in Stake SG. For those of you who don’t know, SG is your cryptocurrency and staking is a way to invest in cryptocurrency and earn a certain amount after a certain period of time.
If you bet on SG, you cannot withdraw or add money until the betting period ends. At the end of the betting period, you receive your bet winnings (up to 15% of the staked amount). Think of this opportunity as a passive way to increase your income with SocialGood.
After earning SG through discounts and referral offers, members usually use SG to further increase their earnings. You can also do this as it is a smart way to increase your income.
How do I get paid?
As explained above, instead of making money with cashback offers like other common cashback sites and apps, create the cryptocurrency SocialGood. Their cryptocurrency is also shortened to SocialGood or SG.
Since this app uses crypto currency, you will also need a crypto wallet to withdraw your earnings. Therefore, if you plan to become a member of SocialGood, you will need a crypto wallet that supports SG, as this is the only payment method that SG offers.
You can withdraw SG to your crypto wallet at any time. There is no need to win a set amount like most other platforms that offer this type of winning chance.
The payment system is relatively simple if you are familiar with cryptocurrencies. But if you haven’t already, we suggest you do your research first to see what you need to do when withdrawing your winnings.
However, SocialGood plans to introduce withdrawal fees at some point. There was no such fee when I first signed up, but they plan to introduce a 30% withdrawal fee when the SG Tokens are moved from the app to an external wallet.
This is an insane withdrawal fee and I have to admit I was quite disappointed when I read that they were planning to introduce it. Also, I haven’t seen any other profitable high-priced cryptocurrency app, so you should definitely consider this one.
how much money can you make?
The amount you earn from SocialGood mainly depends on your buying behavior and the number of referrals you receive.
In fact, the response rate is high and there are many events where you can buy.
And the choice among many partner stores increases this possibility. However, the number of stores varies depending on the country you live in, so I don’t think SocialGood’s overall purchasing power is sufficient.
But if your favorite online store is one of our partner stores, you can get a lot of benefits from this cashback app (as long as you receive cryptocurrency earnings).
Note that in a more recent update, they announced that they intend to introduce a $100 sign-up fee as well.
Can I use it on my desktop?
SocialGood is a mobile-only platform. So you need a mobile device to use it. Personally, being a mobile-only platform is great as most people use mobile devices to shop online these days. The iOS and Android app stores can be downloaded. Thanks to the intuitive user interface, the app is also very easy to use. It is very easy to get used to using the app. Overall, your app offers a pleasant user experience. Okay.
Who can join SocialGood?
SocialGood is available worldwide. The registration process is also very simple. Just download and install the app.
Please note that sign-up bonuses are subject to change and may change from time to time, so they may differ when you try to register.
After completing the registration process, simply select your region in your account settings and start shopping.
Can I get help?
If you have any questions about the app or your account, please visit our 1st page. It is very comprehensive and covers most of the topics you need to know about your application.
If you don’t find the answer you’re looking for, you can visit the SocialGood Foundation Support Portal, which you can also access from the app. Once logged in, you can submit a support ticket.
In general, it can be said that the member support system is important. I like having a full FAQ page, but I’d also like to access the contact form on the site.
final decision
SocialGood is the official cashback app that lets you earn rewards by redeeming cashback offers and other earning opportunities. While it has great features, it also has some drawbacks that you must be aware of.
