In this post, we delve into the intriguing world of SocialGood, a cashback app that tantalizes users with the promise of earning cryptocurrency while shopping online.
As we explore its offerings, we aim to unravel the question on everyone’s mind: Is SocialGood a legitimate opportunity or a scam?
What is SocialGood App?
SocialGood is a cashback app offering cryptocurrency rewards for online shopping.
Established in 2019 and it issues SG tokens, listed on CoinMarketCap, allowing users to earn up to 100% crypto back on purchases from over 500 stores like eBay and Wish.
Users can download the app, make purchases, and receive crypto back in SG tokens. When the token’s value fluctuates, and users can sell or hold it.
SocialGood App also has a referral program where users can earn a $25 bonus with no minimum purchase for referred friends who make a purchase within 30 days.
SocialGood App is available on both Android and iOS platforms, offering a special limited-time welcome gift of $200 in SG tokens for all new users.
Users can accumulate crypto back up to $500 per order, and the tokens received can be traded on platforms like Uniswap or Bittrex.
According to SimilarWeb, the SocialGood App attracts approximately 891.7K visitors on a monthly basis as of October 2023.
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|Product/Services||Cash-Crypto backs And Cryptocurrency|
|Domain registration date||15 November, 2019|
|Address||SocialGood, Inc. 10F Tekko Building, 1-8-2 Marunouchi Chiyoda-ku, Tokyo, 100-0005 Japan|
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SocialGood App Review
SocialGood App may appear to be legit but has drawbacks, including limited partner stores, high withdrawal fees, and upcoming registration fees.
- Limited Partner Stores: SocialGood has a limited number of partner stores, potentially limiting earning opportunities.
- High Withdrawal Fee: Users have encountered high withdrawal fees.
- Complicated Activation: Activating membership can be complex, especially for crypto newcomers.
- Poor User Experience: Some users report issues, such as not receiving SG tokens after purchase.
Potential drawbacks include reported high withdrawal fees, and it’s crucial to note that the cashback is limited to the total purchase amount of $500, even if the user spends more.
Consider alternatives if seeking straightforward cash rewards.
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Specific ownership details are not readily available.
Download the app, shop online at partner stores, and receive up to 100% crypto back in SG tokens.
No, SocialGood App provides crypto back in SG tokens, which users can sell or hold.
Yes, there may be high withdrawal fees, and the app plans to introduce a registration fee.
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