Picoworkers Review – How Much Can You Earn Doing Simple Tasks Online?
Picoworkers is an online platform for freelancers that offers you cash for completing short tasks as well as long-term, ongoing jobs. However, in this review we will be finding out how much you can earn on the platform to help you decide if it is worth joining.
On the face of it, it seems to be a reasonable marketplace for making extra cash from home for those looking for quick cash and for individuals who don’t want to commit to long hours of work. We need to take a closer look however to see if your time will be well spent here.
Introduction to Picoworkers
The site was founded in 2013 by a US-based company under the clarion call that everyone can now work and make money online. If you are already familiar with other micro job websites, then Picoworkers might be a site worth considering. It is free to join anyway, so giving it a go won’t hurt.
How to register
The process of creating an account with Picoworkers is straightforward. You only need to provide your full name, email address and country of residence. You must also create a profile page by entering your nickname, profile page title and a short bio.
Your Picoworkers account will be credited with a signup bonus worth $1 as soon as you verify your email address.
How Picoworkers Works
Picoworkers is divided into two sections, one for employers and one for workers. Employers post various jobs and small tasks on the site for workers to complete. Some of the most common tasks include:
• Signing up for websites
• Watching YouTube videos
• Liking Facebook pages
• Following social media accounts
Some jobs are more intricate, and require advanced professional skills to be completed. These include:
• Designing web pages
• Reviewing websites
• Testing digital products
• Writing content for blogs and social media profiles
As a Picoworker, you are only required to complete tasks as per the requirements of the employer, and submit proof of completion for you to receive your earnings.
Submitting a false proof will result in a red flag and subsequent termination of your account after three warnings.
Points, Levels and Success Rates
Besides earning money, you will be awarded specific points for your actions on this platform. For instance, signing up with Picoworkers will earn you 50 points while verifying your phone number will earn you an additional 150 points. You can earn as much as 250 points per task.
These points separate active workers from inactive users, and they play a crucial role in getting you hired by an employer. The more points you manage to collect, the higher your level.
Picoworkers has a rating system that ranks workers according to their performance. Employers will rate your work at the end of each job or task according to your performance or results.
You must maintain a success rate of above 75% to continue working on this platform. To achieve a high success rate, all you have to do is to follow instructions accordingly.
Unfortunately the income potential is very low. Short-term tasks pay between 2 cents and 10 cents, while ongoing (long-term) jobs pay up to $15 per task. From these figures, it is easy to tell that potential earnings are not very lucrative, at best this is a small side income. The maximum amount of money that you should expect per month is between $30 and $50.
Requesting for payment is one of the most intricate processes on Picoworkers. This is due to the numerous formalities that you have to undertake before you can receive your earnings.
Picoworkers will first verify your photo, and then confirm your full name to establish your identity. You must also answer your security question before submitting a withdrawal request. This entire process takes close to two working weeks and any discrepancies in your data will result in non-payment.
The minimum payable balance on this platform is $7.00, excluding the signup bonus, which cannot be withdrawn.
However, you must have more than this amount to cash out considering that Picoworkers charges a processing fee for every withdrawal transaction. These fees are significantly higher, ranging from 3% to 8% of the withdrawal amount. Some payment processors charge a flat rate ranging from $1 to $5 regardless of your withdrawal amount.
You may request for payment via Amazon gift cards, US bank check, PayPal, Payza, Paysafecard or CryptoCurrency.
What I like about Picoworkers
• Free to join
Picoworkers is a free to join site. Furthermore, the platform accepts applicants from all geographical locations. (No restriction on membership)
• Sign up Bonus
You will receive a $1 sign up bonus after completing the registration process. This is an attractive incentive for anyone seeking to make money online.
• Plenty of jobs
Picoworkers offers plenty of jobs at any given time. Furthermore, these jobs are easy to do and their availability is not pegged on geographical location
• Multiple payment options
This company offers multiple payment options, ranging from Amazon gift cards to digital coins. You can also request for cash payments via PayPal or Payza.
• Referral Program
Picoworkers runs an affiliate program that pays you 5% of every deposit your referral makes, and 5% of your referrals’ lifetime earnings
• Complex withdrawal process
The process of making a withdrawal is so complicated and takes a very long time.
• High transaction fees
Picoworkers charges high transaction fees on every withdrawal transaction.
• Low-income potential
The income potential of this site is very low. Most tasks pay as low as 2 cents!
• Payment issues
According to various reviews available online, some members have complained about not receiving payments two months down the line
• Poor support services
According to some members, the support services on this platform are very poor.You may end up not receiving help even on urgent issues.
Is Picoworkers worth joining?
Picoworkers is a genuine online platform that pays. However, the strict nature of this platform coupled with the lengthy processing of payments has drawn a lot of criticism from many freelancers.
Various reviews from members suggest that it can take up to two months for you to receive your earnings. Furthermore, the complex process of verifying your identity before receiving payment can work against you in case of any slight discrepancy in your profile data.
From the look of things, Picoworkers is not worth joining. However, if you can maintain a 75% success rate, and you do not mind the low income coupled with high transaction fees, then you may think differently.
Have you tried Picoworkers? What was your experience? Let me know in the comments below.
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