Coinseed - Invest, Trade, Earn Reviews

by Mroregon

Coinseed is a joke...

Use your spare change to buy “crypto” but you can’t withdrawal crypto! They say there’s only $1 a month fee and 1% to buy crypto but then you get hit with minimum withdrawal amounts which means you “earn” by investing in crypto but you can’t withdrawal more than you invest! So you’re FORCED to keep your money on Coinseed from any gains you made while they take $1 a month!

Also; I saw $25 of my money go to “play” mode which is fake money and now I can’t get my money? It should not go to play mode... it should be invested like I intended to, also what is benefit of investing in play mode when you make NO money out of it? And I can’t transfer this back to my real investment? And it automatically was putting my money into this? What a joke!! This is theft and how they really take your money with hidden fees.

Takes a week to get my money back and O can’t even withdrawal my earnings? This is a trap system and a joke; a lie. Do NOT USE Coinseed!!

by Seestars

Coinseed was amazing, I earned over $300 cashback from my online purchases over the course of 6 months. The cofounder asked me for receipts, and I sent them. Then all of a sudden he banned my account and then wouldn’t speak with me again. I guess they were losing too much money on me. They let you take your cashback as cash or crypto, and I always took it as cash, so I guess they can’t earn as much profit that way.

Anyways, beware! I don’t recommend Coinseed at all. If you want to earn cashback on your online purchases, the bigger companies like Rakuten, TopCashback, Cartera, etc are way better and won’t steal your earnings.

They’re currently running a crowdfunding campaign to invest in their company and have been saying that 4k out of their 22k users have a positive balance with this app...yea, how many of those positive balances will never be able to be cashed out, like mine! What a scam of a company...

by Dozi120

Cryptocurrencies or the block chain types that help run them are not scams in on its own. But this app is. This is why?

this app used to be free for most until they “acquired the services of some pay shop.” Thereafter my regard for them went downhill. If you invested a small amount of money, say less thank $100 with this app, currently, you will end up losing $1 each month to their monthly fee plus the speculation of the CC market. If you have $2 left, they still will charge you.

They (like similar apps) don’t have a policy that waives this fee if the invested balance amount is small like less than $10 or so. So they just steal your money at all times regardless just like degree-mil schools like Strayer who sap into a large student loan for a worthless degree in some cases regardless of net worth. This is a scheme to me and abhorrent! Zero stars and I won’t recommend, at least not if you’re experimenting.

It’s a scam app, at least until the work on streamlining these fees proportionately.

by Chihawks1993

Coinseed is useful if you’re IQ is below 70. Otherwise it’s pretty much a scam. They take an outrageous 1% fee (10x greater than Binance exchange) for every transaction. Don’t invest in NEO on Coinseed because they steal all of the free NEO gas given to NEO holders which is absolutely ridiculous. Lastly they don’t allow you to withdraw ANY of your cryptocurrency. They only allow you to sell your crypto for dollars, and of course take a whopping 1% every time you do so. If you’re interested in investing in cryptocurrency you’re honestly better off just doing your homework and buying your crypto on one of the many crypto exchanges. Please don’t let these people rob you of your hard earned money.

by Revan19

Coinseed seems to not work very well at all. It doesn’t link credit cards only bank accounts and doesn’t actually seem to round up purchases you make, only can make daily deposits from .50 cents to $5 a day. It has no actually customer support I can find. Most people on Coinseed have been calling it a scam. I suggest create a account but don’t link any bank account information till they sort everything out.

by Ndnorris

Coinseed is great and it works really well, but how is there no way to turn off notifications? This is the kind of thing where I’d like to set it and forget it, but I get an email and a notification in Coinseed every time I save $5. Given that I have daily recurring savings set up, that adds up to 1-3 emails per day just telling me I’ve saved another $5.

by Roneist

I’ve used it for a little over a year now and absolutely love it. The premium crypto back deals and easy going rate of investment make it a great, no pressure introduction to crypto investing.

Also, the ability to diversify your investments amongst a double digit selection of coins make it an interesting way to speculate while not being committed to anything for long periods of time. You’re able to change your investment mix, percentages, cash out and rearrange your investments very quickly and easily. You’re also able to see who’s portfolios are doing the best and copy them if you’d like.

I will admit when I first signed up I was a bit hesitant to attaching them to my bank, but my fears were quickly washed away when Coinseed and company continued to improve. They’ve established some really good partnerships and are now becoming “legitimized” by the SEC as they expand. Oh, and the fees are nominal so you can watch your crypto portfolio made of change, grow.

The only drawbacks are you don’t actually have the ability to send crypto to a wallet, there’s a $100 daily limit, and some banks won’t interface with Coinseed , which isn’t their fault.

I’m extremely happy with Coinseed, company, and the direction it’s headed. I recommend Coinseed to all of my friends and family as an easy way to get involved with crypto.

by JasonBourne_71

Excellent app for getting started with crypto. I have enjoyed Coinseed for a few months. The interface was good and now a new release has improved it further. There is a nice selection of the top cryptocurrencies with three more recently added. Coinseed makes crypto purchases simple and eliminates the need for multiple wallets and exchanges. You don’t own the actual coins but you are invested in them. Same thing essentially but much easier to swap one coin for another by modifying your portfolio allocation or future investment strategy. You can start with as little as $5 and invest in alt coins such as Ripple, Monero, or Neo quickly and easily. The expected updates should push this app into the crypto mainstream. I highly recommend.

by Stefan Tomas

The best thing about this app is how simple and painless it is to use. Because you are investing round up change, you don’t even realize you are accumulating Crypto. Who misses $5 or $10 from their bank account.

You can connect any of your credit or debit cards to your this app account. You spend money like you normally do. Suppose you buy a sandwich for $5.06. Your round-up change would be $0.94. Once that hits $5.00, CoonSeed moves $5 from you card to buy $5 worth of crypto currency. You literally set it, then forget it.

You choose which crypto currencies you wish to buy then when you hit $5 on your spare change roundup, the crypto currency is purchased at the market rate.

Coinseed is free for the first month and only $1 each month thereafter. Coinseed more than pays for itself.

It’s a stupid simple way to save and or buy crypto currencies. Coinseed is on my home screen. It’s that good!

by Tihmstaysgreen

I don’t know much about crypto and with all the different types it is hard to track or research them all. At least with this it will split the deposit among several different options. I also like that it will do the round-ups because I do not want to make a huge investment into these right now and that allows me to slowly ease into the game.
Only gripe is that Coinseed itself could use some tuning up to make it easier to navigate.

by LAuberDriver

Coinseed makes it so easy to invest into crypto that I have my mom on it! This is a great app if you want to start small, and watch your investments snowball. I use the roundup feature to Dollar Cost Average, and so far have turned $90 into $280 in two months! I’d like to see 401k do that!

Note: You do not have actual control over the coins, and your only option to exit is to cash out. You can’t send your coins to wallets or exchanges.

by Tattooed_Traveler

A great app for anyone who wants to dip their feet in the world of crypto currencies without really having to have any technical knowledge. Also has a great selection of crypto currencies from Bitcoin to Ripple and nearly a dozen more. Only downside is that you can’t buy your crypto currencies with a credit card. Would also love to see crypto currencies, Stellar and CasinoCoin in the future...

by Fatius Jeebs

Between this and Acorns..... my life is complete. Buuuuut.....is there a chance you’ll be adding XEM and DCR coins? I want to spread my portfolio to those coins as well but you don’t have them. Any word on this? Thanks! Also....will we ever be able to send our coins to wallets or is this a crypto saver that can only be converted to cash? Thanks!

by Toronto Dreamz

Coinseed is outstanding and super easy to use. It makes investing in Cryptocurrency so simple, yet extremely fun and rewarding as you look forward to a new day so you invest more. Please consider adding EOS, ADA and XLM with higher investing limits and GAS for NEO holders so my experience with Coinseed is complete! Thank you for all your hard work.

by Macro Iphone User

This is by far the best app on the market when it comes to user friendly investing. Not only do they reply incredibly fast if you have questions but they constantly update any problems one may encounter along the way. 5/5.