StuffCoin is a new rewards website which promises to let you make money online by doing tasks. Is StuffCoin a scam or legit? Read our review of StuffCoin, and find out why we recommend that you should avoid this site.
StuffCoin
Summary
StuffCoin makes it harder to earn rewards compared to the average GPT site. It seems designed to entice you to unlock earning opportunities by buying ‘coins’, a common red flag for scams. It also has perceived links to a now-defunct scam site. Definitely NOT recommended.
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What Is StuffCoin?
Stuffcoin is similar to many other GPT (Get Paid To) websites. You can complete surveys and accept offers in offer walls in return for rewards. If you don’t already know, offer walls are lists of activities which reward you for playing games, doing quizzes, surveys, watching videos, installing mobile apps and purchasing goods or services.
In StuffCoin’s case, you earn points which they call coins, and each coin is worth about US $0.01. When you have enough coins, you can exchange them for one of the available rewards.
Who Is StuffCoin For?
GPT sites like StuffCoin are for anyone who wants to earn easy money online by doing short, simple tasks. You will not make a lot from such sites, but they are good for making a little money if you have spare time to kill. Teens or students could find them useful for getting easy extra cash to cover small expenses.
Earning Opportunities
When you first join StuffCoin, earning opportunities are limited to just 4 offer walls. There are no other activities or offers.
Curiously, under the ‘Earn Coins’ menu there is an option to buy coins. The reason given on the website for this feature is ‘if you want to top up your balance if you just need a little more Coins’.
StuffCoin
StuffCoin main screen showing the ‘Buy Coins’ menu item
StuffCoin has a system of levels which you attain by doing various things. All new users begin at the Guest level. To progress to the Member level, you need to have:
- verified your e-mail address.
- earned or bought 500 or more coins.
- completed phone verification
Once you achieve Member status you apparently get access to more and higher-paying offers. They mention Peanut Labs surveys as an example. You can also cash-out in cryptocurrency, in addition to the gift cards and vouchers.
StuffCoin mentions even higher levels which, they claim:
- let you access still more offers, surveys, tasks and jobs.
- let you create user tasks, whatever that might mean.
- give you access to a user marketplace, including ‘1000+ additional rewards’
- give you instant gift card delivery
- allow you access to their affiliate/referral program
StuffCoin does not specify what you need to do to reach these higher levels. The site appears to be very new though, and it looks like it is still in development. The social media icons don’t work yet, for example, so it is possible that they will clarify these requirements soon.
StuffCoin User Levels Screen
Indicates user levels, level limitations and requirements
In general, we don’t understand the necessity for a level-based membership system. Why do you have to go to the trouble of earning 500 points before you can access Peanut Labs surveys, for example, when you can access them immediately at most other GPT and survey sites?
Cashing Out
At the lowest user level, you have no option to claim rewards in cash using PayPal, or any other payment processor.
The only rewards you can claim are gift cards or Steam game codes. The range of available cards is wide, and you should have little trouble finding one that you can use.
There’s no obvious minimum cash-out threshold mentioned on the site, but the least expensive Steam code is worth 49 coins ($0.49), so we presume that this would serve as a minimum. Other than the Steam codes, the cheapest gift voucher that we saw was one for $2 from Amazon.
For Guest and Member level users, there is a 7-day ‘delivery’ period for cashing out gift cards.
Is StuffCoin A Scam Or Legit?
Around 2018, or thereabouts, we had a bad experience with another GPT site called Stuffpoints. When we tried to claim a reward that was due, we never received it.
We logged support tickets, but they were ignored. Then we tried to contact Stuffpoints through their Facebook page, without success. It was as if the people running the website had disappeared. Yet, the site stayed up and continued operating for several months after we gave up trying to reach the admins. No doubt they continued to profit from users that were still working off the site. We presume that these users were also never paid.
There is no doubt in our minds that Stuffpoints was a shameless scam.
But what does this have to do with StuffCoin?
Is StuffCoin a Scam Because it Redirects from Stuffpoints?
Well, we came across StuffCoin completely by accident. I was writing an article about GPT sites when I recalled the experience with Stuffpoints. Out of curiosity, I entered stuffpoints.com into my browser’s address bar. Imagine my surprise when I found myself at StuffCoin instead of Stuffpoints.
Two very similar websites, with very similar names. Is it a co-incidence that one site is re-directing users to the other? We think it’s far more likely that whoever controls the Stuffpoints domain also controls the StuffCoin domain.
If stuffpoints.com is still under the control of the scammers who ran the website, it is almost certain that they are also behind StuffCoin.
So is StuffCoin a scam because of this? Maybe not, but there are some similarities between the two sites that reinforce the possibility that the same people are behind them.
Similarities Between StuffCoin and Stuffpoints
There are more clues that link StuffCoin to the same people. Stuffpoints was big on gift cards and vouchers for paying rewards. They had a very large selection of them. Almost all of StuffCoin’s rewards are in the form of vouchers or gift cards. This is not unique, but it is uncommon in the GPT world.
Just like StuffCoin, Stuffpoints featured cryptocurrency prominently, and you had an option to cash-out your rewards in Bitcoin. This is also not unique among GPT sites, but it is very rare. If you are going to scam someone by not paying them, promise to pay them in cryptocurrency like Bitcoin. There is no entity that has oversight over crypto payments so there are practically no repercussions to scammers when they defraud someone with cryptocurrency.
Contrast this with how PayPal, for example, deals with possible fraud.
The Absence of PayPal is Suspicious
Cash rewards are one of the most popular reasons that people use GPT sites. And PayPal is the most popular method for receiving cash payments. We think it would be a glaring omission on a site that did not offer it. That’s because the site would be turning users away instead of attracting them. GPT sites are businesses after all, and what business turns away the opportunity to make more money?
Stuffpoints offered PayPal payments, why not StuffCoin?
We know that PayPal is very careful about its reputation and does not hesitate to clamp down on business accounts, and withdraw their services when there is suspected fraud. Could it be that PayPal received complaints from users who were scammed by Stuffpoints? We don’t know, but we wonder.
More Reasons to be Concerned
For us, the buy coins feature that I mentioned earlier certainly raises some eyebrows. For a site which supposedly rewards its users for doing work, it’s extremely unusual to offer users an opportunity to buy the rewards, and we question the justification provided on the site.
The only way to buy these coins is by using cryptocurrencies like bitcoin, and only by using cryptocurrencies which you purchase through a service call CoinPayments. It does not seem possible to buy coins directly using your own cryptocurrency, without using CoinPayments.
Coins purchased with cryptocurrencies are not refundable. It’s also not possible to buy coins with a credit card, or with PayPal, both of which offer forms of buyer protection, which cryptocurrencies do not have.
We would go as far as to say that the existence of this feature is suspicious, especially in the light of the apparent connection to Stuffpoints that we have disclosed here.
Our investigation revealed possible connections to yet more questionable sites, which also stopped honoring their payout obligations after a while.
Is StuffCoin a scam? We certainly believe that it is. I have to emphasize, though, that our findings are unconfirmed. And the links between these other sites and StuffCoin could be purely coincidental. Having said that, it cannot hurt to exercise a great deal of caution with StuffCoin. We advise that you do not deposit any funds with them whatsoever.
What We Like About StuffCoin (The Pros)
- Simple site layout which is easy to navigate.
- Wide variety of gift card and voucher rewards, especially for Steam users.
- Cash-out threshold is apparently either very low or non-existent. It is not specified anywhere.
What We Don’t Like About Stuffcoin (The Cons)
- Limited earning opportunities, especially for Guest-level users.
- Phone verification and 500 coins earned or purchased are requirements to access supposedly better-paying opportunities.
- 7 day delay for rewards for lowest-level users.
- No cash-based payouts, therefore no PayPal.
- Lowest-level users can only cash out with gift cards and vouchers. Higher-level users can apparently cash out with cryptocurrency.
- There seems to be a strong link to at least one known defunct scam site, possibly more. We think it’s very likely that, sooner or later, StuffCoin users will be scammed too.
Our Verdict
StuffCoin’s earning opportunities are very limited for new users. You need to level up to unlock more opportunities. Frankly, we don’t see why you should bother when most other GPT sites give you access to the same opportunities without any restrictions.
The level system is unnecessary and, in our opinion, only serves to entice users to buy coins so that they can level up faster. The deliberate delays for releasing gift cards are also unnecessary and, we think, serve the same purpose as the level system.
Although we do not have proof, we have strong suspicions that StuffCoin’s current admins are linked to the Stuffpoints scam. We suspect that they are setting up a new site to deliberately scam users, like Stuffpoints did.
If you want to earn money online by doing surveys and other tasks that GPT sites offer, we recommend that you stay away from StuffCoin, at least until we find some reason to trust the site. Instead, rather use trusted websites like ySense, PrizeRebel and Swagbucks. They have strong reputations and have been paying out their users reliably for many years.
There is a much better method to make money online, and to earn much more for your time and effort than GPT sites will ever pay you.
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Have you had any experience with StuffCoin, Stuffpoints or other possibly related sites? Did you get paid out or were you scammed? Please share your thoughts with us by leaving a comment below.