Today we take a look at Coinmedia for you. What is Coinmedia? A scam or a legit platform? Can you make a lot of money with it? Will it be something for you or are there better alternatives out there? These are some of the main questions this short review will answer.
Owner: Not mentioned on their site
Price: FREE to join (Minimum deposit is 0.0005 BTC)
Who is it for: Advertisers and publishers
Overall rating: (3 / 5)
What is Coinmedia about?
Coinmedia is a platform for advertisers and publishers, primarily in the “make money online” niche. The way you deposit and withdraw money on the platform is in the form of Bitcoins. It is also a revenue sharing site, meaning that you will share the total revenue of the company with its others members.
How does it work?
Coinmedia is very simple to use.
First of all, you simply deposit desired amount (minimum 0,0005 BTC) into the platform.
- Advertisers need to create a banner (or many banners) and then add to the Coinmedia system.
- Publishers first fill in the form for creating “new ad-slot” then copy the created ad-tag and paste it to your website HTML code. Your ad will be shown immediately
The products and services
The products offered are like mentioned above, advertising and publishing services.
You also got a pretty interesting revenue sharing function you might want to consider.
Coinmedia offers a revenue sharing service to its members. However, to participate in it you are going to have to buy minimum 1 “advertising package” that costs minimum 0,01 BTC.
You do that through the section “advertising package” in the main menu to the left inside the member’s area (see screenshot below):
If you do that you will get 2% back every day for 100 days, meaning that you will have transformed your initial deposit of 0,01 BTC into 0,02 BTC.
Plain and simple, you will increase your initial “investment” 200% in 100 days.
Is Coinmedia a scam?
So, is Coinmedia a scam? Well, after searching online for complaints I haven´t found a single one. Everyone seems to get paid and everything else seems to be in order.
The only “negative” I found is that there sometimes are delays in the withdrawal process, people might get paid 2 days later than they normally should and so on.
Delays are a common theme in the Bitcoin space nowadays as everyone and their mothers seem to want to jump on the Bitcoin (and cryptocurrency) train.
My personal experience: I made a deposit to the platform from my bitcoin wallet and it was confirmed within 15 minutes, then I created an ad template and bought 10000 views for 0,0005 Bitcoins.
I will keep you updated on how it goes going forward.
Is it for you?
The only reason I can see why you might want to try the service out is if you are in the make money online niche. If that isn´t your “element” then you are probably better off trying a different service.
Also, this is a revenue sharing platform. Meaning that the money you will spend you will get back + an additional 5% on your initial purchase, some will join this only for the revenue sharing benefits I am sure of also.
If you ain´t got Bitcoins and want to buy some here are the best places to go
- You can get started for only 0,0005 BTC
- Easy to use
- Got an affiliate program
- Most suitable for the MMO niche
Final words and verdict
Overall rating: (3 / 5)
Ok, I think that sums up the overall picture of this business pretty good. It is legit, at least for now and it also pays its members. So, for now I will give it a nice 3 out of 5 stars. This can of course change to a lower or higher rating in the future as we update our reviews as soon as any “news” comes up.
I have made a deposit myself to try the service out also, and I will keep you updated on how it evolves.
If you want to try it out you can get a 5% cashback bonus by signing up through the link below:
I hope you found this short review on Coinmedia to be helpful and now you should have a better understanding of what it is and if it is something for you or not. If you have used any of its services please share your experience in the comment section below as it can help others. Also, if you got any other question on this review I will be more than happy to answer them below.
I wish you success!
Founder of: $tart Make $top Waste