Crypto trading has exploded in popularity in Kenya as more people look to supplement their income or even make a full-time living from this new financial market.
As a certified blockchain expert and crypto trader with over 5 years of experience, I want to provide Kenyans with an in-depth guide on how to start earning money online through crypto trading.
In this comprehensive article, we’ll cover:
How crypto trading works and strategies to earn money
Step-by-step process to start crypto trading in Kenya
Tips for successfully trading crypto as a beginner
Common mistakes to avoid
FAQs on making money from crypto in Kenya
Let’s get started!
TLDR Key Summary Points:
Popular crypto trading strategies include day trading, swing trading, arbitrage, options, and long term investing.
You can get started by signing up on a suitable exchange like Paxful and verifying your account.
Start small, practice trading skills, manage risks, learn analysis, and avoid beginner mistakes.
Crypto trading income and capital gains are taxable above certain thresholds in Kenya.
With the right strategies, crypto trading presents opportunities for Kenyans to earn money online.
How to Earn Money Trading Crypto in Kenya
Here are some of the most popular ways Kenyans can earn income trading cryptocurrencies online:
This involves buying and selling crypto coins multiple times within the same day to take advantage of small price movements. Using technical analysis, you aim to make small but consistent profits that add up over time.
Swing Trading
Holding trades for days or weeks to profit from medium-term trends and swings in the crypto markets. Unlike day trading, swing trading focuses more on overall price trends rather than short intervals.
Arbitrage
This involves buying crypto on exchanges where the prices are lower and simultaneously selling it at exchanges where prices are higher to pocket the price difference as profit.
Options Trading
Options contracts allow you to agree to buy or sell a crypto asset at a predetermined price on or before a particular date. Savvy options trading can earn high returns but also involves high risk.
Passive Investing
Simply buying and holding crypto assets for long term as you expect prices to rise over the years. This requires less frequent trading but needs patience to hold assets during down periods.
How to Start Crypto Trading in Kenya
Follow this step-by-step process to start trading crypto online in Kenya:
Step 1: Select a Crypto Exchange
Crypto exchanges are platforms that allow you to buy, sell and trade cryptocurrencies. Some popular options in Kenya:
Paxful – Peer-to-peer crypto marketplace with 250+ payment options. Easy to use interface.
Coindirect – Supports trading of 100+ crypto coins using MPesa. Low fees.
LocalBitcoins – Connects buyers and sellers directly in Kenya. Good for privacy.
Luno – Easy to use exchange for beginners. Backed by large exchanges.
Binance – Top global exchange with lowest fees but can be complex for beginners.
Step 2: Sign Up and Verify Account
Once signed up, you’ll need to verify your account by providing your official ID and proof of address documents. This identity verification is required by exchanges to tackle fraud and money laundering.
Step 3: Deposit Funds
To start trading, you’ll need to deposit Kenyan Shillings or other currencies into your exchange account. Exchanges like Paxful and Coindirect offer options like MPesa, bank wire transfer, cash deposit etc.
Step 4: Place Your First Trade
Once your account is funded, you can place a market order to buy your first crypto coins like Bitcoin, Ethereum, Litecoin etc. Some exchanges also allow you to trade crypto derivatives and futures contracts.
Step 5: Withdraw Profits
Once your trades earn you profits, you can withdraw your crypto asset holdings or cash them out back into fiat currency like KES and have your earnings sent to your local Kenyan bank account.
And that’s it – by following these steps you can start earning money trading crypto right from Kenya!
Tips for Beginner Crypto Traders in Kenya
Here are some top tips for those starting out with crypto trading in Kenya:
Start small – Allocate only a small portion of your capital when first starting out. Gradual learning is key.
Practice with demo account – Most exchanges offer demo accounts with virtual funds to practice risk-free.
Analyze crypto charts – Learn to analyze price trends using indicators like moving averages, RSI, volume etc.
Manage risk – Use stop losses and maintain good risk:reward ratio per trade. Don’t risk all capital on one trade.
Join online communities – Connect with fellow Kenyan crypto traders on Telegram, Discord etc. to learn from each other.
Stay updated on news – Keep up with crypto news, regulations, technological developments etc. that may impact prices.
Track tax obligations – Be aware of capital gains tax and income tax rules to remain compliant.
By mastering these tips as a beginner, you’ll be well equipped to trade crypto successfully in Kenya.
Common Crypto Trading Mistakes to Avoid in Kenya
Here are some key mistakes I recommend Kenyan crypto traders avoid especially when starting out:
Trading without proper education and research.
Investing too much capital too fast. Be cautious and patient.
Getting swayed too much by emotions of fear or greed. Remain level-headed.
Not paying fees to exchanges and taxes. This can lead to legal issues.
Keeping all holdings on an exchange. Recommended to transfer to private wallet.
Falling for “get rich quick” Ponzi schemes and crypto scams. Vet opportunities judiciously.
Sharing login credentials or setting weak passwords. Can lead to hacking.
Using excessive leverage and taking oversized risks. This can amplify losses fast.
By being aware of these pitfalls, Kenyans can avoid costly mistakes and trade crypto safely.
FAQs on Trading Crypto in Kenya
What amount is needed to start crypto trading in Kenya?
You can start crypto trading even with an initial capital of KES 5000 or less. Exchanges allow you to buy fractions of coins so you can start small.
Are crypto trading profits taxed in Kenya?
Yes, both capital gains tax and income tax will apply if you earn above the taxable threshold from crypto trading.
Can I make crypto trades on my phone in Kenya?
Yes, exchanges like Paxful, Luno etc. offer mobile apps so you can trade crypto conveniently on-the-go from your smartphone.
What is the easiest way to buy crypto in Kenya?
Using a peer-to-peer exchange like Paxful that supports MPesa payments makes buying crypto quick and accessible in Kenya.
Which crypto coins are best for beginner traders in Kenya?
For beginners, stablecoins like USDT or major coins like Bitcoin, Ethereum, Litecoin are relatively easier to trade.
Conclusion
I hope this detailed guide provided you with insights into how to start earning money by trading cryptocurrency in Kenya. The key takeaways are:
Crypto trading allows you to profit from buying low and selling high by implementing strategies like day trading or long-term investing.
You can conveniently start trading crypto by signing up on an exchange platform like Paxful or Luno in a few steps.
Start small, learn technical analysis, manage risk properly, and avoid common mistakes as a beginner crypto trader.
With discipline and perseverance, crypto trading can become a viable income stream for Kenyans alongside other income opportunities.
So open your crypto trading account today and start profiting from this lucrative opportunity trading digital assets online!
Referral programs in Kenya are an easy way to earn some extra cash in your spare time. With just a few taps, you can share a special link and earn rewards when your friends sign up or make purchases. It’s a win-win – they get perks like discounts or bonuses, and you get paid!
In this post, we’ll highlight the top money-making referral apps in Kenya that you need to know about:
Swagbucks – This popular rewards site offers a $300 signup bonus and lets you earn 10% of your referrals’ earnings for life. Just share your custom link to get the rewards rolling in.
Jumia – Tap into Africa’s leading e-commerce site through the Jumia KOL program. Creators and influencers can earn commissions by promoting special offers and campaigns.
Zenka – Earn Ksh200 whenever your referred friends take and repay their first digital loan from this top lender. You’ll also score Ksh10 for each signup.
Hostpinnacle – Score commissions up to Ksh5,000 per client you refer to this leading Kenyan web hosting company. The earning potential is unlimited!
GeoPoll – Grow this global insights community and earn redeemable credits when your invited friends join and participate in surveys.
Sweatcoin – Get rewarded with Sweatcoins for your steps while your referrals earn you additional rewards for installing the fitness app.
Fiverr – Share your custom link to give friends $10 off their first order while earning up to $100 in credits per referral.
Paxful – Take advantage of this global crypto marketplace’s multi-tier program to maximize your potential commissions.
Referral programs make it simple to earn extra cash from activities you already enjoy, like sharing about brands you love. With this list of the top money-making referral apps in Kenya, you can start earning rewards right away!
Dive Into the Top Refer and Earn Apps in Kenya
Now that you know the basics, let’s dive deeper into the key details and earning potential for each of these top referral apps in Kenya:
1. Rack Up Rewards with Swagbucks
Swagbucks is a popular rewards and cashback site that lets you earn points (called SB) for everyday activities like searching the web, watching videos, completing surveys, and more.
But one of the easiest ways to score SB is through Swagbucks’ referral program. Here’s how it works:
Share your unique referral link, which you can find under the “Refer & Earn” tab once you create a free account.
When your friends sign up using your link and earn 300 SB within 30 days, you’ll get a 300 SB bonus! That’s worth 300 KES.
You’ll also earn 10% of all your referrals’ lifetime earnings on Swagbucks. There’s no limit to how much you can make!
Eligible earnings that count towards your referral bonuses include:
Answering Daily Poll questions
Completing activities and offers under Discover
Playing games under the Play tab
Shopping and earning cashback
Once you hit the 300 SB threshold, you can redeem your earnings for gift cards or cash via PayPal or M-Pesa.
2. Unlock Commissions with Jumia
As Africa’s leading e-commerce platform, Jumia draws millions of visitors per month. And through their KOL program, you can earn commissions by tapping into this high-traffic marketplace.
Here’s what you need to know:
The program is open to influencers, content creators, and affiliates with an established social media or web presence.
To register, just complete the signup form with details about your website and following.
Micro-influencers need a minimum of 5k followers.
The Jumia team will review and approve your application within one week.
Once approved, you’ll gain access to a portal where you can:
Get tracking links and discount codes to promote various Jumia campaigns and products.
View real-time stats on your links’ performance, including clicks and sales.
You’ll earn a commission on any sales driven by your shared links and codes.
Commissions are paid out monthly directly to your preferred payment method.
If you have an engaged following, you can earn good money by leveraging Jumia’s reputation and promotional tools.
Touted as one of the most popular digital lenders in Kenya, Zenka makes it easy to earn referrals on the side through their generous program.
Here are the key details:
To start, simply download the Zenka app and create an account.
In the app, you’ll find a unique referral link to share via SMS, WhatsApp, email, or social media.
When your contacts sign up using your link, you’ll earn Ksh10 for each referral.
The real money comes when they take out their first Zenka loan. You’ll score a Ksh200 bonus whenever your referrals repay their first loan.
Bonuses are credited to your Zenka account within 48 hours and can be cashed out instantly.
With over 5 million downloads in Kenya so far, Zenka has a huge potential user base to tap into. Focus on sharing your link widely and getting as many signups as possible. Even modest success can translate to thousands in passive earnings!
4. Score Big with Hostpinnacle
Kenyan web hosting companyHostpinnacle offers an extremely lucrative affiliate program that pays up to Ksh5,000 per referral.
Here are the key details on how it works:
Sign up for free as an affiliate and you’ll get a unique referral link.
Share the link through social media, email, WhatsApp groups, etc.
When prospects click your link and make a hosting purchase, you’ll earn a commission. The amount depends on the package purchased:
Hosting Package
Client Payment
Your Commission
Starter
Ksh 2,999/yr
Ksh 750
Standard
Ksh 3,999/yr
Ksh 1,750
Executive
Ksh 10,999/yr
Ksh 5,000
Hosting Only
Ksh 1,999/yr
Ksh 500
Commissions are paid out every Friday via M-Pesa once matured.
With commissions up to Ksh5,000, even a few referrals can make you substantial passive income.
5. Get Insights and Cash with GeoPoll
GeoPoll operates a global community that provides data for research through quick surveys. Brands, governments, and organizations use these insights to make key decisions.
As a GeoPoll member, you can earn rewards for participating while making money referring others:
In the GeoPoll app, find the “Invite Friends” feature to access your unique referral code.
Share this code via social media, WhatsApp, SMS, etc.
When your invited contacts sign up using your code and complete surveys, you’ll earn GeoPoll credit.
These credits can be redeemed for airtime, cash, and other prizes.
You’ll receive your earned referral credit within 48 hours of a confirmed signup.
With a community spanning many countries, GeoPoll has a vast audience to tap into for referrals. Even small success can generate substantial earnings over time.
6. Get Fit and Get Paid with Sweatcoin
If you enjoy getting fit while earning rewards, Sweatcoin is the app for you. Here’s how the referral program works:
Share your referral link via social media, messaging, email, or however you prefer.
When your friends use that link to download and install the Sweatcoin app, you’ll earn 5 Sweatcoins per referral.
Sweatcoins can be redeemed for cash and other rewards in the in-app marketplace.
Occasionally, Sweatcoin offers limited Influencer Referral Programs with bigger payouts. But these fill up fast!
While the regular referral program has modest rewards, Sweatcoin’s gamified approach makes fitness fun and profitable.
7. Boost Your Income with Fiverr
For digital freelancers, referring users to Fiverr can become a lucrative side income stream.
As an existing Fiverr user, you can take advantage of their referral program:
Share your unique promo link, found in your account settings.
Friends who use your link to make their first purchase will get 10% off.
You’ll earn Fiverr Credits based on their first purchase:
Spend $5 – Get $5 credit
Spend $50 – Get $25 credit
Spend $100+ – Get $100 credit
Credits can be used to buy services or withdraw them as cash.
Fiverr also offers a Seller Referral program where you can refer freelancer friends to become sellers. You can earn up to $400 for successful referrals!
With millions of active buyers, Fiverr has huge referral potential for motivated hustlers.
8. Explore Global Crypto Earnings with Paxful
Paxful makes it easy for anyone to buy, sell, and trade cryptocurrency using over 300 payment methods. And their affiliate program lets you profit from this global peer-to-peer marketplace.
Here are the key details:
Get a unique affiliate link after registering on Paxful.
Share your link on your website, social media, email, etc.
You’ll earn 50% of Paxful’s escrow fee for your direct referrals.
When your referrals bring new users, you’ll get 10% of the escrow fee.
The more referrals you drive, the more you earn from multiple levels.
Commissions are paid in Bitcoin, so you grow your crypto portfolio too!
With crypto going mainstream across many countries, Paxful lets you tap into this demand and earn commissions along the way.
Start Earning with Referral Apps in Kenya
Referral programs make it easy to get paid for sharing products and services you already know and love. With this list of top refer and earn apps in Kenya, you can start growing your side income today.
Focus on choosing 1-2 apps that align with your interests and audience to maximize your referral potential. Be sure to share your custom links and codes widely across social media, messaging platforms, your website, and other channels.
With consistent promotion and a little hustle, you can build up your passive earnings over time. So pick your favorite app and start referring now!
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What if you could get paid for doing something you already do – posting on WhatsApp? That’s the idea behind Druve, a new adtech platform launched in 2019 that lets regular people earn money by promoting ads on their WhatsApp status.
For businesses, Druve offers a way to reach potential customers through targeted, crowdsourced advertising.
Druve was created by three partners – Yusuf Ojonoka, Michael John, and Samuel Steven. Their app officially launched in 2019 and is still actively developing new features and expanding to more regions.
The company is based in Abuja, Nigeria.
Here’s how it works in a nutshell:
Businesses can create and pay to promote ads targeted to specific locations within Druve’s network. Ad campaigns start from just 400 NGN.
Druvers are people who download the Druve app and share ads on their WhatsApp status. They get paid for each ad based on how many views it gets. Earnings range from 100 to 3000 NGN per ad.
It’s free to sign up as a Druver. You simply install the app, share ads when available in your area, and cash out your earnings.
For businesses, it provides highly targeted advertising at affordable rates compared to other channels.
The model is win-win, providing passive income opportunities for regular people while connecting local businesses with relevant audiences.
And it taps into the power of WhatsApp, used by over 1.6 billion people globally.
In this post we’ll explore Druve in more depth – how it works, user reviews, frequently asked questions, and its potential as a disruptive new advertising platform.
Whether you want to earn extra cash or market your business locally, Druve aims to drive connections in a crowd-powered way.
Main Facts About Druve
Let’s look at some key details about the Druve platform, its website and company:
Site description: “Reach your Customers with as low as NGN 400 Get the app”
Other technical details:
Very fast site speed
Valid SSL certificate
Domain validated SSL type from Google Trust Services
WHOIS dates:
Registration – 2019-06-14
Last update – 2023-07-16
Renewal – 2024-06-14
Site tags include English language, helpdesk, registration
Company and Ownership Information
Druve was founded by:
Yusuf Ojonoka – COO
Michael John – CEO
Samuel Steven – CTO
The company Citi Gas is listed as the owner in the WHOIS data.
Contact Details:
Address: No 12 Mangu road, Abacha street 600233 Karu FCT
Country: Nigeria
Phone: +234.9038196395
Email: samora4biz@gmail.com
What Does Druve Do?
In short, Druve is an adtech platform with two main functions:
Help businesses crowd-advertise their products and services through WhatsApp statuses
Let people called Druvers earn money by promoting those ads from their WhatsApp accounts
Druvers are regular people who signup to share ads and make passive income. The more views your status update gets, the more you can potentially earn per ad.
For businesses, Druve offers hyper-targeted advertising to relevant customers in specific locations. Ad campaigns can start for as low as 400 NGN.
Where Druve Operates
Currently, the Druve app is available in these countries:
Nigeria
Kenya
South Africa
Ghana
Over time, the company plans to expand to other regions. But for now, it seems focused on certain parts of Africa.
Cost for Businesses to Advertise
Druve offers various ad bundles for businesses:
Starter – 2,000 viewers, 7 days for 30,000 NGN
Starter Plus – 8,200 viewers, 1 month for 100,000 NGN
Growth – 25,000 viewers, 1 month for 280,000 NGN
The bundles include extras like free ad design, dedicated account manager, estimated engagement rates, and content creation.
So businesses can start advertising for around 1.1 USD per day with the Starter pack. Overall, this is very affordable compared to platforms like Facebook Ads.
Let’s continue looking at Druve’s features, reviews, and potential as an innovative adtech disruptor.
Key Features and Benefits
Druve offers some unique features and advantages both for earners and businesses using the platform.
Let’s take a deeper look at the core benefits:
Earn Passive Income
How do you earn on Druve app? One of Druve’s main appeals is letting people earn money passively from their phones.
Simply download the app, share ads on your WhatsApp status when available in your area, and cash out earnings.
There’s no upfront investment or fees to get started.
You earn each time your status update gets views, with payouts increasing with more views:
Druve Earning Tiers
Views Required
Earnings per Ad
Basic
42-500 views
100 NGN
Druve Premium
1001-5000 views
1000 NGN
Druve Premium
5001-10,000 views
2000 NGN
Druve Premium
10,001-15,000 views
3000 NGN
With the potential to earn thousands of Naira, this provides a way to supplement your income in your free time.
For those short on cash or unemployed, it offers an opportunity to generate cash without a huge time commitment.
Get Rewarded for Your Reach
Druve essentially pays people to leverage their social network on WhatsApp.
The more contacts you have, the more views your status updates will get.
So people with large friend lists and followers can maximize their earnings potential.
It rewards you for your organic reach and audience.
Local Targeting
Druve shows ads that are targeted to Druvers based on their registered location. You only see campaigns relevant to your area.
This geo-targeting helps connect nearby businesses with engaged local audiences. The messaging resonates more when it’s localized.
Real Time Analytics
The Druve app provides data and analytics on ad views and engagement. As a Druver, you can track how much each of your posts is earning in real time.
Businesses get insights into conversions, clicks, and other metrics to optimize their spending. Druve leverages data to improve ad performance.
Dashboard to Manage Earnings
Users have an intuitive dashboard to manage their Druve account. Key features include:
Review earnings and request payouts
Fund wallet to run promotions
Analyze performance and engagement
Share feedback and suggestions
Access support and settings
The centralized dashboard makes it easy to control your account.
Seamless Signup and Verification
Registering as a Druver takes just minutes. After downloading the app:
Enter your phone number and OTP code sent via SMS for verification
Provide your location details
Review and accept the terms of use
Then you’re ready to start earning by posting ads.
The frictionless process makes it accessible for anyone.
To download and install the Druve app, you can follow these steps:
Open the Google Play Store on your Android device.
Search for “Druve” in the search bar.
Select the Druve app from the search results.
Click on the “Install” button to download and install the app.
Alternatively, you can download the Druve APK file from a third-party website like Apkpure.com and install it on your Android device.
However, it is recommended to download apps only from trusted sources like the Google Play Store to avoid any security risks.
If you want to use Druve on your laptop or desktop computer, you can visit the Druve website at druve.com.ng and follow the instructions to create an account and start using the service.
Why Use Druve Over Other Options?
Druve has some unique advantages compared to other side income apps:
Higher earnings potential – Payouts scale up to 3000 NGN per ad based on views, more than most competitors offer
Established user base – Leverages WhatsApp’s over 1.6 billion existing users
Word of mouth marketing – WhatsApp statuses encourage sharing and visibility
Local relevance – Geo-targeted ads resonate more than generic ads
Low cost for businesses – Cheaper than conventional digital ads starting at 400 NGN
For both earners and advertisers, Druve provides an efficient way to monetize WhatsApp’s massive built-in network effects.
User Reviews and Public Perception
To gauge how real users feel about Druve, let’s analyze reviews from the Google Play Store. There are currently 198 reviews with an overall rating of 2.4 out of 5 stars.
The feedback is quite polarized – some love the app and others have major complaints. Here is the breakdown of 1-5 star ratings:
Stars
Percentage
5 stars
15%
4 stars
5%
3 stars
14%
2 stars
18%
1 star
48%
Positive Feedback
First, what do satisfied users like about Druve?
“I enjoy this app, you post their advert and they pay after 48hrs. And it has been constant. Good works” – tosin aromolaran
“I thought druve was scam until I used it . Now I enjoy druving” – Geo preserve
“Best app for making money through your whatsapp status and for advertisement.” – Bolatan Deji
The main praise focuses on getting paid promptly when sharing ads and Druve providing a legitimate earning opportunity.
Druve App Complaints and Issues
However, many reviewers cite problems with the app not delivering on its premise. Common grievances include:
“Don’t waste your data on this app, I wait for OTP for more than 20minute and I didn’t receive any OTP” – mikky toons
“It’s pointless downloading this app. Just a waste of data.” – Tobechukwu Augustus
“This app is totally in effective. They said verifying takes 48hrs, mine is over a week and you expect me to post another ad when I haven’t been paid the previous.” – Abdulghalib Jinadu
The main frustrations are around verification delays, lack of ads in some regions, and long pending payments.
One user Emirate Tizhe even warns:
“Don’t be deceive by seeing good review about this app, this app is a scam.”
Response to Reviews
Druve actively responds to many negative reviews and tries reassuring users. For example:
“We are glad to inform you that the issue with registration has been sorted out. You should be able to register seamlessly. If you have any other trouble, please contact us on admin@druve.com.ng.”
“Hi Joshua, thanks for your feedback, Kindly contact us at admin@druve.com.ng if the issue you face still persist.”
They apologize for technical problems and direct users to contact support for help.
Key Takeaways
In summary, the reviews reveal:
Druve works well when ads are available in your area
But ad inventory seems limited in some regions currently
Verification and payment delays need improvement
The concept has potential but execution needs work
Addressing these issues could help win over more of the skeptical users. Druve is still a young company so growing pains are expected. Their responsiveness to feedback is encouraging.
Druve App: Pros and Cons
Here is a summary of the key pros and cons for the Druve app:
Pros
Lets people earn passive income by sharing ads on WhatsApp status
Businesses can advertise locally starting from just 400 NGN
Leverages WhatsApp’s huge built-in user base
Easy and quick signup process for Druvers
Dashboard provides earnings transparency and management
Real-time performance analytics for businesses
Targeted ad matching based on user’s location
Scalable model with potential for growth
Cons
Limited ad inventory in some regions currently
Delays and inconsistencies in verifying accounts
Pending payments and cashout issues reported
Mostly concentrated in Nigeria so far
Negative feedback on lack of customer support
Concerns about legitimacy from some users
Still building out features and functionality
Unclear long term ad monetization potential
Overall Druve has a disruptive concept but execution issues remain as a young startup.
Addressing the cons around liquidity, support, and user experience could help build more trust and usage.
The app shows promise but still has risks given its new approach.
Final Thoughts
In closing, here are the major points to understand about the Druve app:
It offers a disruptive new model to monetize WhatsApp through crowdsourced advertising and earning
Using existing WhatsApp status features allows rapid scaling
Easy signup for both businesses and Druvers to get started
Druvers can earn passive income from 42 NGN up to 3000 NGN per ad
Ad costs start from just 400 NGN for targeted local promotion
Powerful analytics help optimize ad performance
Overall very low barrier to entry on both sides
Druve taps into WhatsApp’s vast built-in network and engaged usage. The app experienced strong initial growth after launching in 2019.
However, it still faces challenges around limited ad inventory, verification delays, and inconsistent payouts based on user reviews.
If Druve can resolve those issues, it has significant potential to scale and disrupt traditional digital advertising. The model aligns incentives, letting regular people capitalize on their WhatsApp presence.
For now, Druve seems best for earners and advertisers in Nigeria where adoption is strongest. But expansion plans for Kenya, Ghana, and South Africa show confidence in the underlying strategy.
Druve is still in the early stages with much room to evolve. It offers an innovative way to connect local businesses with relevant customers.
And early adopters have proven you can indeed earn real money by sharing ads on WhatsApp.
InboxDollars is an online rewards program that allows members to earn cash for completing various online activities like taking surveys, playing games, shopping online, watching videos, searching the web, and more. However, InboxDollars currently only operates in the United States.
InboxDollars is not available for members joining from Kenya or anywhere outside the US at this time.
Overview of InboxDollars
InboxDollars was founded in 2000 in the US. Here’s an overview of how the platform works:
InboxDollars connects brands with consumers. Brands need people to try products, take surveys, watch ads, etc. Instead of recruiting themselves, brands can tap into InboxDollars’ member base.
InboxDollars members complete various “earning activities” like surveys, games, shopping, watching videos, web searches, etc.
When members complete activities, InboxDollars gets paid by the partner brands. InboxDollars then shares the earnings with members in cash rewards.
Members can redeem earnings for gift cards, transfer to PayPal, or request a check once they hit the minimum payout amount ($30).
How Much Do You Get Paid on InboxDollars?
Most activities pay anywhere from a few cents to $5. For example:
Surveys – Most pay $0.50 to $5 and take 3-25 minutes. Some pay up to $10, $20 or more.
Games – You earn cashback for games played. Earn 18% cashback on GSN games.
Shopping – Get cashback on online purchases. Rates vary by retailer.
Videos – Earn $0.01 – $0.15 for watching sponsored video content.
Earnings really depend on how active you are on the site. According to InboxDollars, most members earn:
$15 – $55 per month on average
Hundreds per month if highly active
InboxDollars Earnings Table
Activity
Estimated Earnings
Surveys
$0.50 – $5 per
Games
18% cashback
Shopping
Varies
Videos
$0.01 – $0.15
Paid Email
$0.02 – $0.15
Web Searches
$0.01 – $0.02
How Do I Join InboxDollars in Kenya?
Unfortunately, InboxDollars is not available for signup in Kenya or anywhere outside the United States at this time.
When you try to access InboxDollars from Kenya, you will get an error message stating:
“InboxDollars is currently only accepting new accounts from the United States.”
This restriction is due to the nature of the earning activities on InboxDollars. Most surveys, offers, videos, etc are aimed at the US consumer market. Therefore, InboxDollars requires members to be located in the US.
While InboxDollars may expand to other countries eventually, there is no timeline for when or if that will happen. For now, it’s US-only.
How to Access InboxDollars from Kenya
While InboxDollars doesn’t allow Kenya signups directly, there are some workarounds Kenyans can try to access the site:
Use a VPN – A VPN masks your real location, so you can appear to access from the US. This allows you to bypass the geo-restrictions.
Try survey router sites – Some survey routers like Octopuses, Grindabuck, PrizeRebel may contain InboxDollars surveys. You earn cash on the survey router site instead.
However, these methods have risks and downsides:
Accessing via VPNs is technically against InboxDollars’ terms of service. If caught, your account could get banned.
InboxDollars often detects and blocks VPN traffic. Access is not reliable.
Survey routers only have a portion of InboxDollars’ full offerings. Earning options are limited.
Cashout minimums on survey routers are often higher (like $10 – $20).
So while it’s possible to earn from InboxDollars surveys as a Kenyan, it will be limited compared to direct access.
Inboxdollars in Kenya Withdrawal
Since InboxDollars is not available in Kenya, there is no way to directly withdraw InboxDollars earnings in Kenya either.
Here are the cashout options InboxDollars members have:
PayPal – Transfer to your PayPal account. Minimum $10.
Gift cards – Redeem for gift cards from popular brands. Minimum $1.
Checks – Request a physical check. Minimum $30.
All of these cashout options require a US bank account, US mailing address, and US ID documents.
As a Kenyan, you would not be able to provide the required documentation and verification. There is no option to cash out InboxDollars earnings directly to an MPESA mobile money account in Kenya either.
The only way a Kenyan could potentially withdraw InboxDollars earnings is:
Earn on InboxDollars via VPN access
Transfer to a PayPal account
Find someone you trust in the US to receive the funds on your behalf
Then have that person send you the funds via Western Union, PayPal, etc.
This method involves high fees and also requires you to trust someone else with your earnings. It is not a practical cashout solution.
Is InboxDollars Worth It for Kenyans?
While it’s not impossible to earn some money from InboxDollars as a Kenyan, it is certainly not as worthwhile as it is for members in the US. Here’s a summary:
Pros
Large selection of earning activities
Low $30 cashout minimum
Fast delivery of gift card rewards
Estabished, legitimate site
Cons
Not available for direct signup in Kenya
Must use VPNs which could lead to ban
Limited access to full earning options
No direct cashout method to Kenya
Overall, while InboxDollars has a lot of benefits, the restrictions and limitations for Kenyans make other survey and rewards sites more viable options instead. Sites that allow direct access worldwide like Swagbucks, Survey Junkie, MyPoints, etc are better choices if you are located in Kenya.
Conclusion
InboxDollars is a great rewards program with many ways to earn, but is currently only available to members located in the United States.
Kenyans do not have access to directly sign up, join, or withdraw earnings from InboxDollars at this time. The only potential way to earn is via unreliable VPN access.
While InboxDollars may eventually expand globally, for now it is not a practical way for people in Kenya to make money online. Kenyans are better off focusing their efforts on survey and rewards platforms that allow worldwide access instead.
Sign Up: Workers create an account by registering with email or social media.
Qualify for Tasks: Tolokers must pass qualification tests to unlock paid tasks.
Complete Tasks: Choose tasks, carefully follow instructions, then submit work.
Get Paid: Earnings automatically added to Toloka account balance.
Withdraw Earnings: Transfer balance to PayPal, Payoneer etc when minimum threshold is met.
Toloka offers microtasks across many categories like data processing, content moderation, surveys, transcription and more. Tasks pay from a few cents to several dollars each.
Is Toloka Legit in Kenya?
Now let’s evaluate Toloka’s legitimacy in Kenya based on user reviews and key factors:
Reputation
Toloka has a mixed reputation, evident from its 2.8 rating on Trustpilot.
Many reviews accuse the platform of unfair bans, withholding payments, unclear instructions and more.
However, numerous positive reviews also confirm Toloka pays as claimed. Users mention smooth withdrawals and reasonable minimum payouts.
So while some users have faced issues, Toloka appears to pay legitimately in many cases.
Identity Verification
A common complaint is accounts get blocked abruptly and asked for ID verification. This seems to happen after earning higher amounts or changing profile details.
Toloka claims ID verification is an anti-fraud measure. But the process is often frustrating for users as documents get repeatedly rejected.
The ID verification can make Toloka seem suspicious, but may be a necessary fraud prevention tactic.
Yandex Ownership
The fact that Toloka is owned by major, publicly traded company Yandex adds legitimacy.
Yandex likely would not own Toloka if it was a scam operation, as that could damage their brand image and stock value.
So the reputable parent company indicates Toloka is above board.
Task Selection
Many negative reviews stem from users failing qualification tests or getting rejected tasks.
Toloka states tasks require attentive reading of instructions and careful work. Those who rush through may underperform.
Passing tests and getting tasks approved involves effort. Toloka appears fair in approvals if users work diligently.
Transparency
Toloka seems upfront about key policies, fees, limitations around use of bots, and more. Their terms don’t hide murky clauses.
The transparency and readily available user agreement further add legitimacy.
Pay Rates on Toloka
Now let’s discuss how much Tolokers actually earn on the platform:
Tasks pay from $0.01 to $1+ each
Most tasks pay $0.03 to $0.10
Top performers get access to higher paying jobs
Total earnings depend heavily on speed and hours put in
Users report widely varying incomes:
Many earn $5 to $20 per week in spare time
Dedicated full-time users make $500+ monthly
Payment for complex tasks can be over $1 per minute
So pay is quite low for basic tasks, but totals can ramp up for skilled users putting in more hours.
Withdrawal Times
Here are the typical withdrawal times as per Toloka:
First payout: 1 week (ID verification)
After ID verification: As fast as a few hours
Maximum withdrawal: 30 days
So after initially waiting for ID confirmation, most users see payments within a day or two. But delays over a week are not uncommon too.
Users mention PayPal withdrawals are fastest, with payments hitting their account often in under 24 hours.
Tips to Succeed on Toloka
Follow these tips to maximize earnings and avoid issues on Toloka:
Provide valid ID docs when asked
Read instructions fully before starting tasks
Work carefully to get tasks approved
Cash out frequently instead of letting balance build up
Use high paying skills like translation or audio transcription
Avoid bots/scripts that violate terms of use
Contact support if facing inexplicable account blocks
Verdict: Toloka is Largely Legit
In summary, Toloka appears to be a legitimate platform overall, though with some shortcomings:
Parent company and transparent policies lend credibility
Numerous users confirm getting regular payments
Many account blocks seem related to ID issues or poor performance
Pay rates are low but expected for microtasks
Speed of withdrawals is in line with stated timelines
Kenyan users can likely earn on Toloka successfully by being patient, working diligently, and cashing out consistently.
As with any crowdfunding platform, caution is advised, but the numerous positive experiences indicate Toloka is not an outright scam.
So based on available user reports, Toloka seems broadly legitimate for Kenyans looking to monetize their spare time online.