What is Spare5? Understanding how to make Money with your Phone

What is Spare5? Understanding how to Make Money with your Phone.

What is Spare5? If you need a way to make money with your phone, then Spare5 is the one app you will need to download. Spare5.com is an app that lets you earn money by completing small tasks.

What is Spare5? Understanding how to make Money with your Phone

What is Spare5?

Spare5 is an app that allows you to make money in your spare time by doing little tasks. There are a variety of tasks you can do. The majority of them involve looking at pictures and describing them or identifying what’s in them. It’s like solving a captcha puzzle, but you get paid!

Spare5 is owned by a computer-based vision company called Might AI, Inc. The company is the one responsible for providing cameras to driverless cars or machine learning.

The cameras then take pictures of everything and they send the data to companies like Spare5. What Spare5 does is to try and convert the data into meaningful information.

The company uses its community to do these tasks and they pay them for it. The tasks are usually simple and easy like identifying images from a computer or writing captions.

You’ll get paid for each task that you complete and you can request for withdrawal once you reach the minimum amount to withdraw.

How Do I Join?

  • To join, sign up at their site here. You’ll be asked to fill out a brief welcome survey and watch their welcome video.
  • After that, you can check your task list to take tutorials and qualifiers. Learning new skills unlocks new tasks for you to do!
  • Then the app chooses tasks for you! The more you use the app, the more tasks you’ll get.

Who Uses Spare5?

Spare5 is designed for people who are looking for opportunities to make money online. The site provides this opportunity in the form of small tasks.

The company’s owner Might AI, Inc. provides several tasks that need to be completed. As a member of the Spare5 community, you get to complete these tasks and you’ll get paid for them.

You can request a withdrawal after you have reached the minimum cashout threshold. Registering for an account is simple and free to do so.

Spare5 is also available worldwide so anyone can sign up to be part of their community. In the next section, I’ll discuss further how the registration process works.

How Much Money Can I Make With Spare5?

More experienced users earn $10-$20 per week, by being very attentive to app notifications and visiting the website as well as using the app. Most of the tasks are very simple and only takes a few seconds to complete and pay about $.03 to $.20 cents each.

How Does Spare5 Pay?

You’re probably also wondering how much you can make from the app. Each task pays anywhere between $0.01 to $0.20. These tasks take very little time to complete, sometimes only a few seconds.

In a perfect world where there would be unlimited tasks, this could add up to making more than minimum wage per hour! Unfortunately, available tasks tend to be quite limited and you’ll probably only see new ones added every few days.

So, keeping all of this in mind, you’re likely to only make a few dollars every week.

After you finish your tasks, Spare5 will review them, then send you a payout the following Friday. Spare5 pays out to your PayPal account, so you’ll have to connect it in order to get paid. In order to cash out, you have to meet their $1 minimum.

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What Are The Pros And Cons?

What is Spare5? Understanding how to make Money with your Phone

Here’s a quick list of pros and cons with Spare5.

Pros:

  • Minimum $1 to cash out
  • Registration is 100% free (never pay for a rewards app or website)
  • Cashouts to PayPal means you actually earn cash
  • Earn at a rate of $8 – $12 per hour with up to $20 per hour (more information below)
  • Refer friends for extra cash
  • Not a scam – legit app that will pay you the right amount and on-time
  • Earn XP points to increase earnings

Cons:

  • No Android app available, but it’s in the works
  • Only PayPal cash-out option (contact Spare5 if you can’t do PayPal)
  • Maximum of $20 to be earned through referrals
  • Sometimes not very many tasks available

Conclusion

Spare 5 is definitely worth signing up for. The tasks are simple, the payouts are frequent, and you don’t have anything to lose.

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