Cryptocurrencies can be a great asset and there are several sites that offer you to earn these by taking surveys and doing other small online tasks – one of these is Instar Wallet (aka Instars).
But is Instars legit and really a way to earn crypto for free or is it a scam to stay away from?
I have joined to test the platform myself to see what it really offers.
In this Instars review, I will share all the details, so you can see if it will be worth it for you or not.
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- Option 1 – Surveys and polls
- Verification option 1 – Upload some ID that proves who you are.
- Verification option 2 – Use Facebook or LinkedIn
- Option 2 – The Bounty program
- Option 3 – Invite friends
- Option 4 – Capture receipts
- Option 5 – Watch prizes of cryptocurrencies
- Option 6 – Learn about blockchain technology
- Option 7 – Encrypted messaging
What is Instars and what does the site offer?
INSTAR is a new digital currency (cryptocurrency) that was created by Insights Network in 2018.
INSTAR's primary goal is, according to its website, to enable mutually beneficial data exchange between individuals and organizations using advanced technologies within the Insights Network.
This might sound a bit complicated, but what they are saying is that they believe consumers (you and me) who are participating in data exchange (for example giving our opinions through surveys and share data) do not get enough out of it compared to the companies behind.
They want to introduce a platform that makes it possible for people to request info/data and people to share it without any third parties involved.
And they want to give the consumers complete control over the data exchanged.
Instars (used to be called Instar Wallet) is then the platform that connects you with organizations for a mutually beneficial exchange.
By taking part, you can earn INSTAR. However, as mentioned above, even though it is fairly new platform, it has already been rebranded so now the official name is just Instars.
But whether you hear the name Instars.com or Instar Wallet, it is the same platform.
It is important to mention that at the time of writing this review Instars is still fairly new but it has gone through a lot of updates and improvements since I first started testing it a few years ago.
If you should run into any kind of bug, the staff are very good at fixing it when you reach out to them. And they are constantly working on improving the platform.
But let's look at what opportunities you get as a member of Instar Wallet and how you can earn cryptocurrencies by participating.
I have created a video that gives you a full guided tour. You can also read all the details below the video:
Click to Check Out Instars for Yourself
Option 1 – Surveys and polls
One of the ways to earn on Instar Wallet is by participating in surveys and polls and sharing your opinion.
The surveys and polls I have received there so far have been very short and easy to participate in.
In fact, the surveys are some of the shortest and fastest to take I have seen on a survey site.
It is, however, still a fairly new site, so this means it is still being developed but it already has a decent number of available surveys and polls. But depending on the country you live in, there might be so many but then just be a bit patient and see how it develops as it has improved a lot for the time I have been a member and I am sure it will continue to improve.
So the number of available surveys seems to be increasing constantly.
I have also heard from the company behind that they are planning to expand a lot, and they will introduce more and more opportunities to earn like this and there will also be more and more opportunities that are specific to certain countries.
When building a whole new platform and a system like this, it will, of course, take some time. So just be aware that at the moment there are limited opportunities in some countries but I have heard this will change in the near future and can see big improvement myself already as mentioned.
One thing you also need to be aware of is that to participate on Instar Wallet you need to verify your account. This is because the platform wants to make sure its users are all real people.
There are two ways you can verify your account:
Verification option 1 – Upload some ID that proves who you are.
One way you can verify your account is to upload ID. When I joined this was the only option that was there, so that was the option I used.
Once you have uploaded the ID and a picture, so they can verify you are a real person, you will shortly after receive an email saying you are approved, and then you can start earning.
For me, it took about 5 minutes from I applied to be verified until I receive an email saying I was approved. So it does not take long to get ready to start earning.
However, I also first got an email saying I was not approved. It turned out there was a bug in the system, and I reached out to support and they quickly fixed it and then I quickly got approved.
So if you should run into any problems while registering, just write their support.
Verification option 2 – Use Facebook or LinkedIn
This is one of the examples of how the platform continuously are trying to make it more user-friendly. At first, when I joined, the verification process could be a little annoying with having to upload ID.
Now you can simply log in to Instar Wallet with your Facebook or LinkedIn account and use this to verify your identity.
This is definitely the easiest way to get started quickly.
Option 2 – The Bounty program
An option I found to earn that is not very obvious on the site is what is called the Insights Network Bounty program.
The website itself explains that Insights Network is built together with it’s users and their bounty program is designed to compensate community members for their contribution to the network.
This means that you can earn by contributing to the network with development, research, marketing, and more. Here are a few examples of the open bounties I have seen on the platform.
If there is no open bounty that fits to you, you can also click the button on the site that says “self apply” and describe how you would like to contribute.
These options are, however, not easy to find on the website for some reason – maybe because it is still in beta and there are still usability improvements that need to be made.
However, you find it by clicking “get help” in the footer of the website. In the help section, you can see a category called “Earning tokens”.
In this category, there is a link to “INSTAR Bounty Program” – if you click this, you get to more info about the bounty program and can find a link to the current open bounties.
A bit of a long way to get there, but now at least you know where to find it so you do not have to try to find it yourself:-)
Option 3 – Invite friends
At the moment, Instar Wallet is still fairly new, as I have already mentioned.
Their focus is, of course, then to get more members to get a good start.
This means you can earn by inviting friends to join.
If you know other people that could be interested in joining, this can be a good way to earn some extra tokens.
Option 4 – Capture receipts
This is a fairly unusual way to earn and one that does not take much extra effort. You find this option in the “activities” tab inside Instars.
It is called “paid experiences”.
What you do here is simply take a picture of a receipt from a purchase you have made and then upload it. You will then get rewarded for this.
First, you have to choose a category. You can basically find a category no matter what you have purchased. It can be food, groceries, travel, movies, and more.
You then have to take a picture of the receipt and upload it to Instars.com.
Be aware that you must submit your receipt no later than 24 hours after the date on the receipt. And to receive credit, the submitted receipt must contain the date, business name, address, transaction number, and total.
After you have done this, you just need to describe a little bit about your experience and then submit it. You will then receive Instars into your account right away. Just be aware that the receipt and your review must be approved – if it is not approved, you will lose the earnings again.
In general, you will get 1 Instar token per receipt. And you can do this a maximum of 3 times per day. In some categories, you will sometimes get bonuses and earn more. But you can see this before you start uploading so you can choose the best option for you.
It is not a lot you can earn like this but it is very easy and a fun extra way to earn not many other sites offer.
Option 5 – Watch prizes of cryptocurrencies
On the Instars dashboard, you can see the prizes of several cryptocurrencies.
One of the prizes you can see is for INSTAR that you will be earning as a member of Instar Wallet.
You can then compare it to the prizes of other popular cryptocurrencies.
A great thing Instars has recently introduced in the option to tell every day what you feel about the price for a few different cryptos.
You just need to click a button to indicate if you feel positive, negative, or neutral. It only takes a few seconds and you can do this for 4 different cryptos every day at the time of updating this review, and you will earn 1 Instar per coin (so you can earn a total of 4 Instar per day).
This is very easy earnings and can be a great way to keep an eye on the market at the same time.
Option 6 – Learn about blockchain technology
On Instar Wallet, you can find what they call the INSTAR Learning Lab.
This is where you can learn about the future of data exchange, digital currency, and blockchain technology, according to the site itself.
I must admit that I do not know much about blockchain technology yet, so I think it is great they have a place where it is possible to learn more.
Again, the platform is still new so there are still not a huge amount of resources here. But there are some interesting videos that will, for example, explain more about how Instar wallet works but also about digital currencies in general.
From what they write on the website, the plan is that this will evolve together with the platform and become a learning lab for members to learn about the advantages of blockchain technology.
You can also earn a bit extra by watching the different videos in the learning lab. So it is not just a way to learn but also a way to earn a bit of extra INSTAR.
Option 7 – Encrypted messaging
Through Instar Wallet you can use Google Play to send fully encrypted messages to your friends. This includes transferring Instar tokens to friends in form of messages.
This shows it is a platform that is taking the privacy of us users seriously, and that is great, in my opinion. So pretty cool they have introduced this feature.
Click to Check Out Instar Wallet for Yourself
How do you get paid?
When you participate on Instar Wallet, you earn INSTAR, which is a new digital currency.
How much these INSTAR are worth in dollars varies just like the price of Bitcoin varies.
How you can then use your earnings is something that is being expanded continuously like many other things since it still is a new site.
You can, so far, as I am writing this, freely transfer tokens to other users, and Instars has now also become available on Uniswap and Bittrex.
And I have been told that they are working on making this easily possible in the app as well.
In the future, the plan is also that you will be able to exchange your Instar Tokens for, for example, gift cards and other currencies. So will be very interesting to see what payment methods will be available when it is fully rolled out.
How much money can you make?
It is always difficult to say how much money you can make on survey sites, as it depends on many things like how actively you participate, the country you live in, and much more.
I must, however, admit that I can say even less about the earning opportunities on Instar Wallet since it is so new.
The reason I, however, decided to join is that it is so new and INSTAR is a very new digital currency. This means the prize for it right now is very low, and by earning some by taking surveys etc. it might have potential.
From what I have read about the company behind it, it has very good intentions, and it is serious and trustworthy.
And it does not take much effort to join and do the surveys that are currently available, so I thought “why not give it a try and get in from the beginning and get some free INSTAR by taking some surveys”.
Again, I cannot guarantee anything about how it will develop. I am just sharing what I have found out after testing it and by reading about it.
So ultimately, it is, of course, up to you to decide if it will be the right way for you to spend your time.
Can you use it on mobile?
Whenever I test a survey site, I always make sure to also test if it can be used on mobile, as it is a great way to earn on the go and when it fits into your schedule.
Instar Wallet has its own app that works really well.
It is very user-friendly and has all the same functionalities as the website. So if you join Instar, the app can make it very easy to access.
Just be aware that currently, the Instar Wallet app is only available for Android. If you do not have Android, you can still access the site through the internet browser on your phone.
Who can join Instar Wallet?
A great thing about Instar Wallet is that you can join from many countries.
Many of the earning opportunities at the moment are available to more or less all members, but as the platform grows, they will also start to add more opportunities for certain countries and open up to more countries.
Unlike many survey sites, Instar Wallet is interested in people from all over the world and not only from English-speaking countries, which makes it an interesting option for countries that usually have a hard time finding good survey sites to join.
Can you get support?
It is always important to be able to get support on any online platform you join.
I have myself been in contact with the Instars support several times already, as it is such a new platform and I had several questions so I could test it properly and give as much info as possible.
Also, as already mentioned earlier, I had some initial problems when signing up, but they quickly fixed this.
I have received very fast responses every time and good, helpful answers which is always a good sign for a survey site.
Final verdict – legit or scam?
Instar Wallet / Instars is without a doubt different from most other survey sites I have joined and tested.
As you can see, it is still very new, so that leaves a lot of questions unanswered, but I have tried to give you a thorough overview, so you can see if it is the right platform for you or not.
But let's finish this review by summing up the pros and cons, so you can get a better overview before deciding to join or not.
- Free to join
- Easy surveys
- Interesting potential with a new cryptocurrency
- Available in many countries
- Has a great app
- Great support
- Still new / untested platform
- Still in Beta mode even though it has existed a few years
Overall Instars is an interesting platform, in my opinion.
The company behind it seems trustworthy and legit, and I really like the intentions about creating a marketplace without third parties where we as consumers get bigger rewards for our time when we take surveys, etc.
As it is very new and still in beta, it is, however, unknown in what direction it will go.
If it will be worth trying out is ultimately up to you, but now you know what it offers so you know what to consider.
How to join Instar Wallet?
It is fairly easy to join Instar Wallet. Just remember that you need to verify your account to participate, as I described earlier in this review.
So if you want to join, just click the button below, and you will be taken to the sign-up page. As soon as you are a verified member, you can start earning.
If you have any comments, questions, or have any experiences with Instar wallet yourself, I would love to hear from you in a comment below.
23 thoughts on “Instars Review – Scam or Legit Crypto Option?”
I sign-up here and right now I have sufficient instars coin then where I can withdrawal the coin and I’m from India please help me
I have tried to explain everything in the article above. But at the moment you can not withdraw them as anything else than have them as Instars which is its own cryptocurrency. To find out what to then do, you can read more on their website.
If you are looking for sites where you can withdraw your earnings in cash right away, you can check out this list of the best sites in Indiacheck out this list of the best sites in India.
1 of the large cons is that they ask for ID/Facebook. Prolific has never asked for ID. Anyone can open a bank account & do other (illegal) things with your ID so you’d be hoping it’s a legit company that isn’t on the Financial Services Register (https://register.fca.org.uk/s/)
Also : Exchange tokens (such as Bitcoin and other cryptocurrencies) are only regulated in the UK for money laundering purposes.
If you buy these types of cryptoassets, you are unlikely to have access to the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS) if something goes wrong.
However, some types of cryptoassets may be regulated depending on how they are structured. Security tokens, for example, fall within our regulatory remit. They include tokens that provide rights, such as (among others):
repayment of a specific sum of money
entitlement to a share in future profits
Check the Financial Services Register to find out whether a firm is authorised to carry on any of these activities.
Thanks for sharing your opinion about this.
HAs to be one of the worst companies I’ve ever come across.
The ‘Support’ doesn’t EVER respond to enquiries, tried 3 times now, NO the don’t accept FAcebook membership DESPITE your stating they do, some of the images seem to suggest it’s a quasi porn site, and as far as I can see any “earnings’ are virtual as you don’t seem to be able to redeem them to anything real!
Sorry to hear you have had a bad experience. I have never had problems to get in contact with their support so not sure what is going on in your case.
As for inappropriate images, then luckily I have also never seen any of those.
As for being virtual earnings, then yes, if you are joining a site where you can earn a new type of cryptos, it will usually be virtual earnings until it will be fully launched so it will be for the potential for the crypto to be worth a lot someday you should do it – but, of course, there will be no guarantee for that. I also very clearly describe this in the review above and if you are looking for ways where you can earn cash or cryptos that are already worth real money, then Instars is not for you.
But if you are interested, I will be happy to suggest some good options where you can earn real cash or cryptos depending on your preferences? Also, then just let me know which country you live in so I can suggest the best options based on this.
Instars, why are you so rude and diamond like hard headed for not willing to listen to me, to rectify the “error saving you reaction” in the crypto currencies? You are giving me the Jim-jams. What happend to the good old fashion service respones. You are no where to be found. I don’t mean to be rude like you are, but are you alive or dead?
Sorry you have problems with Instars, but I have just made a review of the platform, and their support will not see your message here.