Earnreader.net Honest Reviews: Is Earnreader.net Legit or Scam? 2024

Are you looking for a way to make money online by reading books? Do you love discovering new authors and genres? Do you want to get paid for sharing your honest opinions and feedback? If you answered yes to any of these questions, you might be interested in Earnreader.net, a platform that claims to offer lucrative opportunities for book lovers.

But before you sign up and start reading, you need to ask yourself: is Earnreader.net real or scam? Is it worth your time and effort? How much can you actually earn from this site? And most importantly, how can you avoid falling for a potential fraud?

In this article, I will give you a comprehensive review of Earnreader.net, based on my own experience and research. I will tell you everything you need to know about this platform, including:

  • How it works
  • How to make money on it
  • How to sign up and get started
  • The pros and cons
  • The red flags and warning signs
  • The alternatives and competitors

By the end of this article, you will be able to make an informed decision about whether Earnreader.net is real or scam, and whether it is worth your time and money. So, let’s get started!

How Earnreader.net Works

Earnreader.net is an online platform that connects book readers with publishers and authors who want to get feedback and reviews for their books. The idea is simple: you sign up, choose a book from their library, read it, and write a review. You get paid for each review you submit, depending on the length and quality of your review.

The platform claims to offer a wide range of books, from fiction to non-fiction, from romance to thriller, from self-help to business. You can choose the books that interest you, and read them at your own pace. You can also request new books if you don’t find anything that suits your taste.

The platform also claims to offer various investment plans, where you can subscribe to a certain amount of money and get daily profits from reading books. For example, you can invest $100 and get $10 per day for 30 days, or invest $500 and get $50 per day for 30 days. The more you invest, the more you earn.

Sounds too good to be true, right? Well, that’s because it probably is. There are many things that don’t add up about Earnreader.net, and I will explain them in detail later. But first, let me tell you how to make money on this platform.

How to Make Money on Earnreader.net

There are two main ways to make money on Earnreader.net: by writing reviews and by investing money. Let me break them down for you.

Writing Reviews

The first and most obvious way to make money on Earnreader.net is by writing reviews for the books you read. The platform claims to pay you between $5 and $60 per review, depending on the length and quality of your review. The minimum word count for a review is 300 words, and the maximum is 1000 words.

To write a review, you need to follow these steps:

  • Sign up and create an account
  • Choose a book from their library and download it
  • Read the book and write a review
  • Submit your review and wait for approval
  • Get paid via PayPal or Bitcoin

Sounds easy enough, right? Well, not so fast. There are some catches and limitations that you need to be aware of.

First of all, you need to pay a one-time registration fee of $10 to join the platform. This is a red flag, as legitimate platforms usually don’t charge you anything to sign up. Why would you pay to work for someone else?

Secondly, you need to write your first review for free, as a test. This is another red flag, as legitimate platforms usually pay you for your work, even if it’s a trial. Why would you work for free for someone else?

Thirdly, you need to wait for your review to be approved before you get paid. This can take up to 24 hours, or even longer. This is another red flag, as legitimate platforms usually pay you instantly or within a few hours. Why would you wait for so long to get paid?

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Fourthly, you need to have a minimum balance of $100 to withdraw your money. This is another red flag, as legitimate platforms usually have a lower or no minimum threshold. Why would you need to accumulate so much money before you can cash out?

Fifthly, you need to pay a withdrawal fee of 10% to get your money. This is another red flag, as legitimate platforms usually don’t charge you anything to withdraw your money. Why would you pay to get your own money?

As you can see, writing reviews on Earnreader.net is not as easy and profitable as it seems. There are many hidden fees and conditions that make it hard to earn and withdraw your money. And that’s not even the worst part. The worst part is that there is no guarantee that you will get paid at all.

There are many complaints and negative reviews from users who claim that they never received their money, or that their accounts were blocked or deleted without any reason. Some users also claim that the books they read were plagiarized or poorly written, and that the reviews they wrote were used without their permission or credit.

In other words, writing reviews on Earnreader.net is a risky and unrewarding way to make money online. You are better off looking for other platforms that pay you fairly and reliably for your work.

Investing Money

The second and more dubious way to make money on Earnreader.net is by investing money and getting daily profits from reading books. The platform claims to offer various investment plans, where you can subscribe to a certain amount of money and get daily profits from reading books. For example, you can invest $100 and get $10 per day for 30 days, or invest $500 and get $50 per day for 30 days. The more you invest, the more you earn.

To invest money, you need to follow these steps:

  • Sign up and create an account
  • Choose an investment plan and pay the subscription fee
  • Read the books assigned to you and write reviews
  • Get paid daily profits via PayPal or Bitcoin

Sounds tempting, right? Well, don’t fall for it. This is a classic example of a Ponzi scheme, a fraudulent investment scheme that pays returns to investors from their own money or the money of new investors, rather than from actual profits.

There are many signs that Earnreader.net is a Ponzi scheme, and I will list them for you.

First of all, the returns are too high and unrealistic. There is no way that you can make 10% or more per day from reading books. That’s impossible, even for the best and most popular authors in the world. How can Earnreader.net afford to pay you such high returns?

Secondly, the source of income is unclear and suspicious. There is no explanation of how Earnreader.net makes money from the books and reviews. Who are the publishers and authors that pay them? How do they monetize the reviews? How do they manage the risks and costs?

Thirdly, the payment methods are untraceable and irreversible. PayPal and Bitcoin are convenient and popular ways to send and receive money online, but they are also prone to fraud and abuse. There is no way to verify or recover your money if you send it to Earnreader.net. You are basically giving them your money without any guarantee or protection.

Fourthly, the testimonials and reviews are fake and misleading. There are many positive testimonials and reviews on the website and social media, but they are all fabricated and manipulated. They are either written by the owners or paid by the owners to deceive and lure new investors. There is no evidence or proof that anyone has actually made money from Earnreader.net.

Fifthly, the website and domain are new and shady. The website was created in January 2024, and the domain was registered for only one year. This is a common tactic of scammers who want to create a temporary and disposable website to scam people and disappear. There is no information or contact details about the owners or the company behind Earnreader.net.

As you can see, investing money on Earnreader.net is a dangerous and foolish way to make money online. You are likely to lose your money and get nothing in return. You are better off looking for other platforms that offer legitimate and transparent investment opportunities.

How to Sign Up and Get Started on Earnreader.net

If you are still interested in joining Earnreader.net, despite all the red flags and warning signs, here is how you can sign up and get started.

  • Visit the website and click on the “Register” button
  • Fill in your personal details, such as your name, email, password, and country
  • Pay the one-time registration fee of $10 via PayPal or Bitcoin
  • Choose a book from the library and download it
  • Read the book and write a review
  • Submit your review and wait for approval
  • Get paid for your review (or not)
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Alternatively, you can also choose to invest money and get daily profits from reading books.

  • Visit the website and click on the “Investment” button
  • Choose an investment plan and pay the subscription fee via PayPal or Bitcoin
  • Read the books assigned to you and write reviews
  • Get paid daily profits for your investment (or not)

The Pros and Cons of Earnreader.net

To be fair and balanced, here are some of the pros and cons of Earnreader.net.

Pros

  • You can read books for free. If you are an avid reader, you might enjoy having access to a large and diverse library of books that you can read for free. You can discover new authors and genres, and expand your knowledge and vocabulary.
  • You can improve your writing skills. If you are an aspiring writer, you might benefit from writing reviews for the books you read. You can practice your writing skills, learn how to express your opinions and feedback, and get familiar with different styles and formats of writing.
  • You can earn some money (maybe). If you are lucky and persistent, you might be able to earn some money from writing reviews or investing money on Earnreader.net. However, this is not guaranteed, and you might end up losing more than you earn.

Cons

  • You have to pay to join. You have to pay a one-time registration fee of $10 to join the platform, which is a red flag and a waste of money. You should never pay to work for someone else, especially if you don’t know who they are or what they do.
  • You have to write your first review for free. You have to write your first review for free, as a test, which is another red flag and a waste of time. You should never work for free for someone else, especially if you don’t know if they will pay you or not.
  • You have to wait for approval and payment. You have to wait for your review to be approved before you get paid, which can take up to 24 hours or more, which is another red flag and a waste of patience. You should never wait for so long to get paid for your work, especially if you don’t know if they will pay you or not.
  • You have to reach a high minimum balance to withdraw. You have to have a minimum balance of $100 to withdraw your money, which is another red flag and a waste of effort. You should never have to accumulate so much money before you can cash out, especially if you don’t know if they will pay you or not.
  • You have to pay a high withdrawal fee to get your money. You have to pay a withdrawal fee of 10% to get your money, which is another red flag and a waste of money. You should never pay to get your own money, especially if you don’t know if they will pay you or not.
  • You might not get paid at all. There are many complaints and negative reviews from users who claim that they never received their money, or that their accounts were blocked or deleted without any reason. You might be scammed and lose your money and your work.
  • You might be involved in a Ponzi scheme. The investment plans offered by Earnreader.net are too good to be true, and are likely to be a Ponzi scheme, a fraudulent investment scheme that pays returns to investors from their own money or the money of new investors, rather than from actual profits. You might be duped and lose your money and your trust.
  • You might be exposed to plagiarism and poor quality books. The books available on Earnreader.net might be plagiarized or poorly written, and not worth your time and attention. You might be disappointed and frustrated by the quality of the books and the reviews.
  • You might be violating the rights and privacy of the authors and publishers. The books and reviews on Earnreader.net might be used without the permission or credit of the authors and publishers, who have the rights and ownership of their work. You might be violating the law and the ethics of the literary world.
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The Alternatives and Competitors of Earnreader.net

If you are looking for other ways to make money online by reading books, you might want to check out these alternatives and competitors of Earnreader.net. These are some of the legitimate and reputable platforms that pay you for reading books and writing reviews.

  • Online Book Club: This is a platform that pays you between $5 and $60 per review, depending on the length and quality of your review. You can choose from a variety of books, from fiction to non-fiction, from romance to thriller, from self-help to business. You can also participate in forums, contests, and giveaways. You don’t have to pay anything to join, and you can withdraw your money via PayPal or Amazon gift cards.
  • NetGalley: This is a platform that connects you with publishers and authors who want to get feedback and reviews for their books. You can request and read books for free, and write honest and constructive reviews. You can also earn badges and rewards for your reviews. You don’t have to pay anything to join, and you can withdraw your money via PayPal or Amazon gift cards.
  • Reedsy Discovery: This is a platform that helps you discover and review new books from indie authors. You can browse and read books for free, and write reviews that help the authors and other readers. You can also earn tips from the authors and readers for your reviews. You don’t have to pay anything to join, and you can withdraw your money via PayPal or Stripe.

FAQs

Here are some of the frequently asked questions about Earnreader.net.

Q: Is Earnreader.net real or scam?

A: Earnreader.net is most likely a scam, based on the many red flags and warning signs that I have explained in this article. There is no evidence or proof that Earnreader.net is a legitimate and trustworthy platform that pays you for reading books and writing reviews.

Q: How much can I earn from Earnreader.net?

A: Earnreader.net claims to pay you between $5 and $60 per review, depending on the length and quality of your review. It also claims to pay you daily profits from 10% to 50% of your investment, depending on the plan you choose. However, these are unrealistic and unverified claims, and you might not get paid at all.

Q: How can I withdraw my money from Earnreader.net?

A: Earnreader.net claims to pay you via PayPal or Bitcoin, but you have to pay a withdrawal fee of 10% and have a minimum balance of $100. However, these are unreasonable and unfair conditions, and you might not get your money at all.

Q: How can I avoid falling for scams like Earnreader.net?

A: Here are some tips to avoid falling for scams like Earnreader.net:

  • Do your research. Before you join any platform or invest any money, do your research and check the credibility and reputation of the platform. Look for reviews, testimonials, ratings, contact details, and other information that can help you verify the legitimacy and trustworthiness of the platform.
  • Be skeptical. Don’t believe everything you see or hear, especially if it sounds too good to be true. Be skeptical and critical of the claims and promises made by the platform, and look for evidence and proof that can support or refute them.
  • Be cautious. Don’t give your personal or financial information to anyone you don’t know or trust, especially if they ask you to pay or invest money upfront. Be cautious and careful of the risks and costs involved in any online transaction, and use secure and reliable payment methods that can protect you from fraud and abuse.
  • Be smart. Don’t fall for the pressure or the temptation of making quick and easy money online. Be smart and realistic about your expectations and goals, and look for other ways to make money online that are legitimate and reputable.

Conclusion

Earnreader.net is an online platform that claims to offer lucrative opportunities for book lovers who want to make money online by reading books and writing reviews. However, based on my experience and research, I have concluded that Earnreader.net is most likely a scam, and not worth your time and money.

There are many red flags and warning signs that indicate that Earnreader.net is a fraudulent and unreliable platform, such as:

  • Charging a registration fee
  • Asking for a free review
  • Delaying approval and payment
  • Setting a high minimum balance and withdrawal fee
  • Not paying or blocking users
  • Offering unrealistic and suspicious investment plans
  • Providing plagiarized and poor quality books
  • Violating the rights and privacy of the authors and publishers

Therefore, I advise you to stay away from Earnreader.net, and look for other platforms that pay you for reading books and writing reviews, such as Online Book Club, NetGalley, and Reedsy Discovery. These are some of the legitimate and reputable platforms that pay you fairly and reliably for your work.

I hope this article has been helpful and informative for you. If you have any questions or comments, please feel free to leave them below. Thank you for reading! ?

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