What Is Mylot? A Review

What is Mylot? Find out by reading my review below

 

What Is Mylot?

Mylot is a company that pays its users for doing the following on its website:

  • Posting Comments
  • Uploading Photos
  • Starting Discussions

The payment program for Mylot was previously discontinued, however as from July 2015 it restarted again.

The reason it is able to pay its users is because it shares a portion of the ads revenue from ads that are placed on the site.

April 2017 update-A reader has reported that members have not been paid by Mylot. Have you got experience of Mylot? Have you been paid for using the site? Let me know in the comments section.

It also has a referral program, you get paid not only for your activities on the site, but also a percentage of the earnings made by anyone you refer to the site through your referral code. Update…Mylot no longer has a referral program although it may be re-considered in the future

There is a minimum redemption amount of $10, so you won’t be able to cash out until you have earned this much.

Mylot doesn’t disclose what formula it uses to calculate how much you have earned.

Have a look at the video to find out more

Pros

  • The site pays you to do something that you may enjoy doing anyway.
  • You have a wide range of diverse subjects to choose from, whether you want to start a discussion, or if you want to respond to one that has already started.
  • Free to join.
  • Payment via PayPal

Cons

  • You are only ever realistically going to earn a small side income, as each activity you carry out will only earn you a few cents. By increasing the length of time you actually spend on the site, and by making your topics as interesting as possible, you can improve your earnings.

Verdict

Mylot is a legit site as it pays its members to start and contribute to discussions and upload pictures. See comments below.

The earnings make however will be small, so don’t rely on the income from this site to pay all your bills.

It may be a good idea to combine this with other side income streams to build up some cash.

So if you enjoy social networking sites anyway, you want to make a few friends, and you are looking to earn a few dollars, then Mylot may be a good choice for you.

I hope you enjoyed reading my review of Mylot, if you wish to discuss anything about the review, or if you have had any experience of working with Mylot please leave a comment below.

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Click Here to Leave a Comment Below

Sim - March 27, 2017

Hey Ray, thanks for the article. It’s true that you can’t rely solely on this site to make a living but it’s always nice being able to make a few extra bucks here and there. I think myLot can be great for people already spending a lot of time on forums and networking online.

Reply
    Ray - March 27, 2017

    Hey Sim,

    Thanks for dropping by and reading. I agree, Mylot is a handy way to earn a little extra doing something that a lot of people enjoy doing. It’s a pity there is presently no referral program, however it looks as if that may be brought back at some point in the future. Thanks again…Ray

    Reply
Albert Trotter - April 20, 2017

yes i agree with i used mylot for about 1 year and i got paid for two times, but now they are not paying their members, i am bit disappointed with them and people who like discussing on mylot are now leaving them. But they maintained a great reputation during those days when they were paying

Reply
    Ray - April 20, 2017

    Hi Albert,
    Thanks for sharing your experiences of Mylot. It’s not good at all that members aren’t getting paid, and I will update my review accordingly.
    I really appreciate you taking the time to provide your feedback on this site

    Reply
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