LoadTeam is a website that claims you can earn money passively using your computer.
I always get intrigued whenever I see the word “passively” on websites that offer earning opportunities because this is the best way to earn, in my opinion. You don’t have to exert any effort to earn.
However, I have tested many websites that make the same claim as LoadTeam, so I know not all of them are worth it. So, the question is, is LoadTeam really an easy way to earn?
In this LoadTeam review, I will reveal the real truth of what it has to offer so you will know what to expect from it before you even sign up.
That way, you can properly evaluate if LoadTeam is really worth it or not.
What is LoadTeam, and what does it offer?
LoadTeam is actually a Windows-based program that will let you make money by harvesting your computer’s idle power. Its offer is legit because you can really earn from it. However, that doesn’t necessarily mean LoadTeam is worth using.
To find out if you should use this program, you must first understand how it works. To do so, we must take a look at the earning opportunities offered so you will have a good idea of how much time and effort is needed to earn from it.
So, here’s how to earn from LoadTeam.
Option 1 – Mining Coins
What the LoadTeam program does is it mines coins using your computer processor and memory. The site is not quite clear, though, on what coin it mines.
To start earning, you must install the program first. As mentioned earlier, it will only work with Windows computers, so if you are a Mac user, then this is not for you.
Once the program is installed and you’ve logged in using your LoadTeam credentials, you must set the parameters of how LoadTeam will mine. As explained above, it will use your computer’s processor and memory, so you must make sure not to set it too high because your computer will freeze.
After it is set, you can just sit back and let the program do all the work for you. You can log in to the member dashboard of LoadTeam to view how much you’ve earned. If you are curious about how much you can potentially earn from it, the dashboard has a calculator that you can use to compute your monthly earnings.
Option 2 – Referral Program
Another way you can earn from LoadTeam is through its referral program. You can invite people to use LoadTeam by sharing your referral code with them.
Then, when they sign up as a member, they must input your referral code. When they do that, they will become your referral, and they will receive a $0.2 sign-up bonus.
You, on the other hand, will receive a 10% commission every time your referral earns from LoadTeam. You won’t earn a lot from this opportunity, but considering it’s another form of passive earnings, it’s a decent deal, in my opinion.
You just need to make sure you invite people who are really interested in earning from LoadTeam. Otherwise, you won’t earn anything from this opportunity.
Recommended: Check Out the Best Passive Income Apps
How do you get paid?
When using the LoadTeam program, you will earn a certain amount every time the program mines coins. That amount will be stored in your LoadTeam account balance.
Then, you can withdraw your earnings via PayPal once you’ve earned at least $1. It’s a very low threshold, but it doesn’t mean you will be able to withdraw your earnings quickly (more on this later).
LoadTeam doesn’t say if there are any transaction fees involved, but based on my experience, there will be one involved when withdrawing funds to PayPal. So, don’t expect to receive the full amount when you withdraw your earnings.
Overall, the payment system of LoadTeam is relatively straightforward. I like the fact that it uses a convenient payment method like PayPal. If you are interested in more sites that use a convenient payment method, I suggest you also check out the best sites that pay via PayPal.
How much money can you make?
Let me just make it clear that you won’t earn a lot of money from LoadTeam. It’s not surprising since the earning opportunity it offers requires very little effort.
As for how much you can earn from it, that depends on your computer’s capability. If your computer has a lot of computing power and memory, you can potentially earn more from it. This is usually the case for new computers.
But if your computer is old, then your mining rate will be very low, and you will only earn a very small amount every month. Now, what you need to consider when earning from LoadTeam is the electricity consumption of your computer.
If you leave your computer on for 24 hours, you will earn more from LoadTeam. However, the amount you will earn from it might still not equal the amount you will pay the electric company for keeping your computer on for that long. This is why I wouldn’t recommend doing it.
It would be better to just let the program run in the background while you are using your computer. This is why I would say the earning potential of LoadTeam is very low. So, even though it has a low payout threshold, it will take quite some time to earn a significant amount from it, which makes the low threshold a bit irrelevant, in my opinion.
A good example of this is if, for example, your computer is using a 10th generation Intel i7 processor and 32 GB of RAM. This is a very powerful setup, in my opinion, but based on the calculator of LoadTeam, you will only be able to earn $0.92 per month from it. And that is if your computer is on for a whole month.
It’s a very small amount and won’t even let you hit the payout threshold. So, you’ll have to wait a few more days just to withdraw $1. Plus, it won’t come close to the expenses for electricity, which is why it isn’t a good idea to use the program 24/7, in my opinion.
Can you use it on mobile?
As mentioned earlier, LoadTeam is a Windows-based program, so it will only work with Windows computers. You won’t be able to use it on your mobile device.
That being said, you can still access LoadTeam’s member dashboard using a mobile device since its website is optimized for mobile use. You’ll be able to check your earnings even when you are not in front of your computer.
Apart from that, there’s really nothing else you can do on your mobile device. The rest must be done using a Windows laptop or desktop.
Who can join LoadTeam?
The best thing about LoadTeam, in my opinion, is that it is available worldwide. So, you will be able to sign up as a member regardless of where you live. As long as you have a Windows computer, an internet connection, and are at least 18 years old, you will be able to use this program.
To sign up, you must fill out the registration form. After filling it out, you’ll be able to log in to the dashboard. But before you can earn, you must install the program on your computer. After installing, you will need to input your login details.
Once that is done, you must set up the parameters of how LoadTeam will mine coins. When everything is set, you can just let the program do all the work for you.
Can you get support?
LoadTeam has a FAQ page you can check out if you have any questions about the program or your account. It discusses most of the important topics you need to know.
But if you can’t find the answers you are looking for, you can just contact its support team. You can use the contact form provided by the website to submit your inquiry.
Overall, I would say LoadTeam provides decent support to its members since it offers an easy way for you to contact support. That’s all you can really ask for from a site like this, in my opinion.
Final Verdict
LoadTeam is a program that will let you earn passively just by letting it run in the background while you are using your computer (or even when it’s idle). It has a couple of good features, but it also has some limitations you need to consider.
Let me wrap up this review by summarizing its pros and cons to help you with your decision. It will show you a clear overview of what LoadTeam has to offer.
Pros:
- Offers a passive form of earning
- Offers payment via PayPal
Cons:
- Offers very low rewards
- Eats up your computer’s resources
In my opinion, even though LoadTeam offers an easy and effortless way of earning, it’s still not worth your time. It doesn’t pay that well compared to other apps or sites that offer passive income. Plus, I personally am not a fan of programs that eat up my computer’s resources.
I would like to use my computer and open any program smoothly. And if you use LoadTeam and you want to maximize your earnings from it, you won’t be able to do that since it uses your computer’s processor and memory. But again, it would still depend on your preference.
But if you want to earn passively, there are better ways to do so, in my opinion. You can check out the best passive income apps instead.
And if you want to be more proactive in earning, you can check out the top survey and GPT sites in your country instead. The sites on this list all have good earning potential, so you will be able to earn a decent amount in no time.
If you have any comments, questions, or experiences with LoadTeam, I would love to hear from you in a comment below.