Last Updated on July 15, 2022 by Justin Su
Note: Making online money in Paypal, Cash, or Gift Card might be more straightforward than making money in Crypto. Price in crypto may drop up to 100% at any time, StormX is also a crypto-based product.
Want to make some free crypto? Love to go shopping? If you like both then platforms like StormX are made for you. We at MoneyForWallet.com published many articles where you can get paid to shop online but StormX is a bit different and new here.
Not many of us are aware of this app or platform hence it is good to publish an honest StormX review so everyone gets to know what is StormX, whether It is legit or not, how much you can earn, and how many top leaderboard users are making, and much more.
You can find the list of the best 10 cashback sites here, out of them Ampli and RebatesMe are our favorites.
Let’s start digging into StormX.
What Is StormX?
StormX is a crypto cashback app and chrome extension that allows users to earn free STMX crypto for every task they complete like shopping, completing tasks, referring friends, and staking crypto.
Click here to join StormX using our referral link.
StormX was founded in 2015 by Simon Yu, Calvin Hseih is one of the key co-founders of the company that joined StormX in 2017. They have received investments from big crypto investment ventures like Blockfolio, Litecoin Foundation, Kyber Network, and more.
As of now, they have more than 1500 popular stores that include Nike, Agoda, Lego, Sonos, Levi’s, New Balance, Groupon, eBay, Expedia, and many more. You can get up to 87.5% from 0.5%.
How To Make Money On StormX?
There are multiple ways to make money on StormX, some of them easily while some of them are a bit hard, it depends on what you like the most. If you do shopping regularly then you can make good money by purchasing items online from your favorite stores or if you have an audience then you can make money using referral links.
Let’s check out each method one by one.
Earn From CashBacks
Cashbacks are the easiest way to make up to 87.5% of what you spend. If you do spend lots of money on Shopping and are worried about spending then it’s time to move to StormX. Here you will find the best offers from more than 1500 stores and can easily save more and spend less.
Don’t know how cashback does work? Especially on StormX? Cashback sites or apps do list offers from online stores and when you do shop using their app or site they do earn some % of the money from each purchase made by users, next what they do is share some % with you as well.
Suppose you purchased a tea set worth $100 and found there is a cashback offer of 30% then you will get $30 back to your wallet
You will get all cashback in your StormX wallet which you can withdraw to your crypto wallets once you reach a minimum withdrawal of $10.
If you are in crypto then you might know what crypto staking is if you don’t then don’t worry I am here for you.
Suppose you do have 100 STMX and put them on staking then you will get % of decided interest. Crypto staking is used to maintain the price and attract investors to the company.
You can stake your cashback earned coins and can withdraw them anytime.
There are pros and cons of staking, staking coins gives you free earning but at the same time there is the risk of volatility if the price goes down then you will not get what you had.
To start staking login into your account and go to the staking page, connect metamask or walletconnect wallet and start staking.
This is something like GPT sites do, complete tasks and earn rewards. While reviewing the app found the highest rewarding task was for $7.50 and the lowest one will earn you $0.001.
I completed one task worth $0.01, I just submitted the answer to one question, it takes only a second to submit your answer.
To complete some tasks you might need to provide more information on your profile, in short, you have to complete your profile.
You can find tasks on your profile page, on top of the app you will find the profile logo click on that and you are good to find the “Play” option.
Refer and Earn
Know someone who loves to shop online? Then it’s time to refer them to StormX and earn 10% on their spending. This is the easiest way to make money online on StormX app.
How Much You Can Earn?
It actually depends on how much you shop and how many tasks you complete. I can’t predict how much you can earn but you can see how much top users are earning.
On the Leaderboard page, you will find that the top 3 users earned $63K in total alone. This week’s top users earned $1500 and on average they are making $200 to $500 each month.
The amount is pretty good when you are earning for free.
StormX Is Legit Or Scam
If you are in crypto for a long time then you might count them as a legit app for sure because of their Binance listing and other known exchange listings.
But knowing better about apps it is important to know what their users think. For that, we have to check out public reviews from online reviewing platforms.
On TrustPilot, they have a rating of 2.8 out of 5 from 5 users. Ratings saying there is a delay in payment and in reward crediting.
On Play Store, they have a rating of 4.2 out of 5 from 8K users. They have more than 1 million installs. Most of the users are reporting that they didn’t get a reward for the task they completed, some say they got half reward, and some reported they get a reward after a long time.
After reading reviews, there might be issues with the rewards but the overall performance of the app is good. Users are getting paid, and none of the users reported the problem related to withdrawal.