Month: February 2020

FOLD App Review | How To Earn Free Sats Back In 2020

In this Fold App Review, I am going to discuss why this free app is a good way to start accumulating free bitcoin and start “stacking sats” as they say. I’m always looking for new ways to start accumulating more bitcoin and finding real world use cases where I can do so, outside fo buying it directly from an exchange.

This is primarily targeted for mobile use (using their iOS and Android app) for using this. If you want to learn about ways to earn free bitcoin while shopping on a desktop computer, then I would check out my full review of Lolli App, HERE.

I am going to touch on some of the basics of how much you can earn with it, how it works, who it’s really designed for, and my overall feelings of if it’s actually worth using. If that is what you’re looking for, then look no further!

Who Is The Fold App Intended For?

 

If you frequently make purchases with Amazon, Uber, Starbucks, Target, and Sephora (to name a few), then this app is for you. This app allows you purchase discounted gift cards, as well as earn free bitcoin (satoshis) for each purchase that you make. Once the order goes through, it’s credited to your bitcoin wallet within the app almost immediately.

This is designed not only to save you money on what you are already spending, but allows you to earn free bitcoin rewards for doing so. If you’re already spending at these places, why not get free bitcoin for doing it, right?

In the app, you can always see which vendors have offers and they are adding more all the time. Additionally, the discount your receive varies for each vendor. For example, Airbnb will give you 3% cash (bitcoin) back, but L.L. Bean will give you 10% back. The app is constantly updating to offer you the best deals.

How Does The Fold App Work?

 

 

This works for both online and physical locations. Since it’s gift card based, once you make a purchase in the app, it will generate a gift card and a bar code on your screen, for the cashier to scan and use directly.

This will also provide a “gift card code” for you to enter at on-line checkout and you can mix and match between buying online and in store as much as you want with no penalties or fees.

I will break it down step by step below on how to set this up and how it works in a few simple steps.

 

NOTE: You will receive the bitcoin rewards for the amount of gift card purchased, not the actual products you buy with them.

 

  • Load a gift card you buy with Bitcoin on the Fold app, to your account

  • Use that gift card at select retailers and restaurants by using the barcode or the number beneath it.

  • You can make online purchases with your Fold gift card or you can purchase at physical locations

  • At physical locations, all you need is to scan the bar code from the app on your phone at the cash register

  • Every purchase you make with the gift cards that you have on your Fold app will credit you with Bitcoin cashback

  • The amount of Bitcoin cashback you get on any purchase depends on the individual retailer or restaurant

 

Is The Fold App Worth Using?

 

If you are looking to start dipping your toe into cryptocurrency and you’re not quite ready to buy it directly yet, then this is for you! This is a seamless way for you to spend your normal fiat currency and start earning bitcoin back on direct gift card purchases.

This is also good for sending gifts directly, so whether it’s the holidays and you want to send a gift via email (or Twitter) you can earn bitcoin to your wallet for doing so. This can be used for any occasion as well, not just for gifting.

For the avid crypto users, they are also implementing lightning payments this year as well, so you’ll receive even more discounts if you decide to grow the crypto-economy by paying with crypto, instead of using a debit/credit card as well. More on that as it develops…

So, is the Fold App worth using? I would definitely say yes. Especially if you spend frequently at these places anyways and purchases exceed at least 15$ in most cases, then there is no downside here, only upside.

What do you think? Would you use the Fold App for free bitcoin? Let us know down below in the comments!

 

Cheers,

 

The Crypto Renegade

 

NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people accumulate and secure their crypto.

CoinMine One Review (2020) – Is It Worth Buying? My Experience After 3 Months

In this Coinmine One review, I am going to talk about my experience with not only the user experience in the last few months, but if I think it’s a viable option for crypto mining, so stay tuned for the whole article to get my scoop.

I recently wrote an in-depth article before I received the device outlining the features and selling points I perceived it to have and I still hold true to those beliefs, but there are also some changes after actually using the device that I didn’t take into consideration. It’s a good read and it can be found HERE.

But in this article, I want to focus in on specifically who this device is for? Is it what I expected? And ultimately, if I think it was worth the price of the device (Which you can receive a special discount on below if you are interested).

CLICK HERE TO BUY THE COINMINE FOR ONLY $649 WHEN USING DISCOUNT CODE “BITCOINLOCKUP” AT CHECKOUT

Who Is the CoinMine One Intended For?

 

This at-home crypto miner is designed for the new user to crypto that wants to start participating into mining, without having the learn all the technical intricacies that go along with it.

For instance, when I first unboxed the device and plugged it in for the first time, all I did was download the app, scan the QR code that came in the box to connect it, and within 2 minutes I was mining my first cryptocurrency.

.It was stupidly easy to setup and very easy to figure out. You can mine up to 6 different coins currently ( ZCash, Monero, Grin, Ethereum, Handshake, and Bitcoin) and can switch between them whenever you want all within the app.

Additionally, you can choose “Bitcoin” mode that will mine the most profitable coin on the app and automatically convert it on the backend into your bitcoin wallet if all you want is bitcoin at the end of the day. This is makes it easy to set it and forget it and will automatically utilize the device in the most efficient way to get bitcoin into your wallet, even though you aren’t “mining” it directly.

 

Is The CoinMine One Device What I Expected?

 

Overall, I came into this purchase understanding that this wasn’t going to be the most profitable way to mine cryptocurrency. For me, I knew this device would be easy to use, require no maintenance, and I could literally set it and forget it.

Additionally, since I’ve received the device, they’ve added a free feature that allows you to compound interest by leaving your funds in the wallet they provide you by 6.5% per month. This is a free service that is a win-win for accruing your funds faster.

Now, you can transfer your earned funds into your own wallet, once you hit the minimum withdrawal amount, but I personally don’t because I like to utilize a portion of my crypto to earn interest and have it go to work for me.

I also want to point out that this device is super quiet and does not generate almost any heat, like most mining rigs do. This is quieter and sleeker than a playstation and takes less power too. This can easily go in every kitchen, office, or bedroom (if you want a nightlight), without causing a disruption.

If your goal is to participate in mining and earn passive income without: tons of work, research, loud noises, and excessive cooling and electricity costs, you won’t be disappointed.

CLICK HERE TO BUY THE COINMINE FOR ONLY $649 WHEN USING DISCOUNT CODE “BITCOINLOCKUP” AT CHECKOUT

Is The CoinMine One Worth The Price Of $799?

 

At their normal price of $799, it can seem a little steep, but it will eventually pay off, because cryptocurrency is still very early.

Luckily for you, I have a special referral code for my readers so they can utilize my specific Coinmine One discount code. All you need to do is click HERE and enter code “BITCOINLOCKUP” at checkout to drop the price to only $649.99, saving you some money right away.

This is the best discount they offer, so I wouldn’t expect to find it cheaper anywhere else. At this price, it’s definitely worth it and it’s been nothing but a positive experience and with the compound interest option automatically applied, you’ll recoup your initial investment sooner than you think. There is no longer a reason to wait!

CoinMine One Conclusion

 

Overall, Is this device the most efficient way to mine cryptocurrency? No. Is this the path to the most profitability to participate in cryptocurrency mining? No. So why would I do it?

This is designed for people that are new to the ecosystem that want to participate in securing the network of the coin they want to support and allows them to do it easily and safely without ANY technical knowledge required. It takes more skill to setup a playstation than it does with this device.

You can use the calculator on the site to see how long it could take to break even or become profitable, but you shouldn’t expect a return within the first year. Now, it is possible to become profitable much quicker, but that ultimately depend on the overall market and price of the coin you are mining.

So, is it worth the price? That honestly depends, for me this wasn’t strictly about profitability but finding a non-technical way to quickly and easily immerse myself into the ecosystem and be apart of something better!

CLICK HERE TO BUY THE COINMINE FOR ONLY $649 WHEN USING DISCOUNT CODE “BITCOINLOCKUP” AT CHECKOUT

What do you think? Would you buy the CoinMine One? Let us know down below in the comments!

 

Cheers,

 

The Crypto Renegade

 

NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people succeed.

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