Last Updated on January 25, 2024 by Justin Su

Have you ever seen any site or app paying you for not using your mobile? Well, the CashMagnet app does this. It is hard to believe but it is true.

Even though it is a widely used app still many things that might be scams or can hack your personal information, worrying about this is necessary.

In this CashMagnet review, you are going to know if it is legit or a scam, do they steal your information, how much you can earn, etc.

You should not download or install their app till you finish with this article. Also, Cashmagnet is not the way to become rich and it helps you to earn some extra money if you are looking for methods through which you can become rich then check out other articles on MoneyForWallet.

Also Read: Best Apps That Give Up To $100 Sign-Up Bonus

Register on CashMagnet using our referral link to help us write more such honest reviews.

What Is CashMagnet APP?

CashMagnet is a mobile-based app that pays its users for doing nothing, absolutely nothing. It pays you for not using your mobile phone.

CashMagnet was launched in 2019 by GameProd, it became very popular in a short time.

It asks you to download their mobile app turn on your mobile internet, and then put your mobile down and do nothing on your phone.

The website claims that it is 100% safe and legit to use but still, those users who are aware of mobile security fear the CashMagnet app.

CashMagnet Is Safe Or Scam?

Did you ever allow an unknown person to use your phone? Allowing the unknown app to use your phone of their will is also not a good idea.

Before installing any app on your mobile it asks for different permissions, read those permissions carefully then only accept them.

Any developer can tell us if CashMagnet is safe or not but if you do not store any personal information, more than what you can share with others then you can use this app.

Till now no users ever reported hacking or data loss.

Also, after reading some reviews only I found they are paying their users, but the amount paid is too low.

How Does CashMagnet App Work?

CashMagnet is a bit different from other platforms. You have to simply install their app first which is available in APK. Once you download their app you have to keep the internet on.

The Cashmagnet app will automatically visit websites, click on banners, view ads, install apps on your mobile, etc. It means you don’t have to do anything, everything will be done automatically by the app.

How Much You Can Earn?

As reported by some users on different websites, earning on Cashmagnet is on average $5 to $10 per month. Which seems too low. It is better to try TikTok where you can earn more than this, check out the article on how to make money on TikTok.

It has a point system, which means you will earn points. 1000 points are worth $1.00. Also, some users reported that they earn around $0.10 to $0.20 daily which is equal to 100 to 200 points.

Download CashMagnet APP

Currently, you can use Cashmagner on your Android device only, it is not available on any application store, not even on the Play Store.

If you do not want to download the Cashmagnet app then you can use the already downloaded app to make money it is Instagram, check out the article on how to make money using Instagram.

Payment Methods

There are multiple methods available to withdraw your hard-earned money. The minimum withdrawal is $2.00. Following are the accepted payment methods Amazon, PayPal, Steam, Google Play, iTunes, and Play Station.