Stacks perfectly with the Menulog $10 off $20 and cba / amex cash back.
Note: SocialGood is not your typical cashback service, and pays out commission refunds in cryptocurrency, of which may fluctuate wildly in value and Network fees / Withdrawal fees may apply to crypto transfers Please read the comments / reviews prior to making a purchase via SocialGood.
Referee receives US$200 worth of SG after US$30 purchase within 30-days. Referrer receives US$200 worth of SG after referee satisfied referral requirements. (Usually US$50 worth each.)
Its a ponzi. Cant withdraw with profit
Yeah Ponzi, at the start you could withdraw but for over a year now they have been changing the withdrawal requirements all the time, you basically can never get any money out. If you are buying things anyway it might be worth rolling the dice as the SG token “could” go up in value but until they actually allow withdrawals it’s hard to recommend using. Buyer beware for sure.
Do you know easy steps to withdraw? I don't mind losing on fees I just want to get out. But reading the instructions are confusing for me. I have zero knowledge of crypto
Then you will not get the answers you desire here.
:(
scam!
Agreed!
I only used it on Menulog deals with a coupon, where you don't typically get cash back, it's tracked and I've withdrawn about $70
Soo confused,
If I spend 100, I get 300 back at chemist warehouse?
You get shitcoins you can't withdraw or by the time you can they've crashed.
Don't think of this as $300.
Its a Scam. dont sign up. Thats why it sounds so good. because its a scam. trying to lure you in.
Yeah, usually things that confuse me are either scams or pyramid schemes
SG is straight out Scam. Needs to be Banned. Just read their reddit. Also personal experience. You have to pay like $50 or somethign to withdraw SG and its basically worthless because no one will buy it for money.
Was good at the start, now worthless these days
REPORT
They had issues previously, but it was more down to people creating multiple accounts to claim refer a friend bonuses, id recommend trying it when you stand to loose nothing (Menulog with a voucher etc)
LOL. So you give them $50 then your get 3 friends to give them 50 each .. then you can have $200… wonder where that 200 came from.
I cashed out for about $500 before SG started to change things.
Honestly was a good system but there were many gaining the system through multiple accounts and referrals.
Any easy way steps to follow now to cash out?
https://cdn.discordapp.com/attachments/725905309813702699/11… just look, scam. you will never will able to withdraw. Fake coin made up value.
Not a deal because the coin you get back is basically worthless
[Everything below is based on memory - I haven't touched SG in a while nor do I plan to after all of the BS they have caused]
I registered with them a while ago (Circa 2+ years ago), they prevented people from withdrawing for almost a year due to a 'Fraud Investigation' to do with referral abuse, then when they finally allowed withdrawals they only allowed $10 at a time (I think, could be wrong) and slowly increased over time… you weren't told when you could withdraw more (eg. You couldn't withdraw X amount every 30 days and had to rely on them to say 'You can now withdraw more')
Skip to now, they take a massive fee with all withdrawals (Gas Fee + Their Own fee) and require you to hold their SG token in order to withdraw (So you have to keep money in there to be able to withdraw money, therefore it absorbs some of your 'Profit').
You were able to withdraw SG into Polygon or Ethereum last time I checked, cashing out in SG (Ethereum Mainnet) would deduct a Gas Fee + their own fee for withdrawals, then if you wanted to transfer SG to a stable coin (USDC, USDT etc) to prevent market manipulation and retail the same value (or any other coin/token) then you would need to pay another gas fee (That isn't an SG issue though and rather a Ethereum gas fee issue).
Last time I checked they had no liquidity on Polygon so if you withdrew into Polygon your money was worthless (This may have changed though) - I'm not sure if they simply just abandonded SG (Polygon Mainnet) or just topped up the pool whenever they felt like it.
I wouldn't trust them not to pull some BS T&C out of their anus.
SG deals should be banned from this site.
They will never be taken seriously anymore so don't expect the SG token price to ever rise to $1+ again - Take a look across all review platforms and you will see how tarnished their brand is..
TL;DR: SG deals should be 100% banned from this site - Dodgy company and you won't get the advertised cashback % (Not even close) when withdrawing (if you're able to withdraw, at all)
scam!!
My coins were practically worthless
Definitely a scam - coin became worthless, no liquidity, blocked withdrawals and then changed T&Cs even further to prevent withdrawals
Don't get conned guys, coin is worthless.
My -Neg vote is a +Plus vote for these deals to be removed from OZB
You’ll never get the cash back. May as well make it 1,000,000%! This provider is laughable.
Just received a mail says I got airdrop $777. 😑
Then I installed the app and can see the money is in mu account. So suspicious. Lol
Anyone else got it?
Scam
It's basically a scam game, you can actually play with the game and withdraw more than what you have invested (you trade your normal shopping cash back with their SG coin).
But you may have to pay attention to their ever changing rules , sometimes theirs profit. But you lose your time and energy with the team
Agreed, I've profit off this initially. I continued to use it and had 1k worth of crypto now but can't withdraw unless i pay out of pocket and I get it in like a year depending on what the cost is at that time. It's actually a scam
Dodgiest service.
Checked last week and all you need to do to claim your cashback is stake a measly ~$8000?!
Am I getting cash back or 300% worth of their crypto?