Skip to content Skip to sidebar Skip to footer

Is Lyka Legit? Our Review About This Social Media App

Is Lyka Legit? An Honest Review

Social media apps that pay you to use them sound too good to be true. Is Lyka one of those legit apps that actually rewards users, or is it a waste of time? This comprehensive review will examine how Lyka works, its payment methods, earning potential, available platforms, how to join, pros and cons, and whether it's ultimately worth your time.

Lyka Sign Up

What is Lyka?

Lyka is a social media app marketed as a way to earn rewards just for using it. The Philippines-based app launched in 2018 and claims to have over 5 million users. The main activity on the app involves posting photos, videos, and moments (similar to Instagram stories), and interacting with other users.

Users earn gems for activities like posting content, commenting, liking others' posts, and more. These gems can then be used to redeem products or discounts from Lyka's merchant partners. Lyka essentially functions like a typical social media platform but incentivizes participation through a rewards system.

Lyka seems to have gained popularity in the Philippines, especially among younger generations who are active on social media. The app provides an opportunity for brands and businesses to connect with potential customers in an organic way through the social platform. By rewarding users for their engagement and influence, Lyka is able to build a community of loyal followers and advocates for their merchant partners.

Lyka Payment Methods

The only currency on Lyka is gems. Here's an overview of how you earn and spend gems:

How to Earn Gems

  • Posting a photo or video: 0.05 gems
  • Posting a moment: 0.05 gems (limit 10 per day)
  • Commenting on a post: 0.02 gems
  • Liking a post: 0.02 gems (limit 40 per day)
  • Referring friends: 5 gems

As you can see, gems are earned slowly through regular app engagement. Most actions earn 0.02-0.05 gems, which is worth very little (around $0.001). At this rate, it would take hundreds of posts, comments, and likes to accumulate a meaningful amount of gems. While the rewards seem appealing, the actual payout for the average user is minuscule.

Spending Gems

Gems can be spent in two ways:

  • Redeem rewards: Gems can be redeemed for products, discounts, or vouchers from Lyka's merchant partners. However, the redemption rates are very high, often requiring thousands of gems for a small reward. For most users, it takes months of regular activity to earn enough gems for a single redemption option.
  • Purchase with merchants: Some merchants in the Philippines accept Lyka gems as payment. Users can pay for products or services partially or fully with their earned gems. Again, the number of gems required for most purchases far outweighs what the average user can earn in a reasonable amount of time.

Unfortunately, there is currently no way to cash out gems. Only merchants can exchange gems for cash, so regular users are limited to the redemption options above. While Lyka claims to reward users, the inability to cash out or withdraw earnings limits the actual value. For most, the time required to earn a meaningful amount of gems far outweighs the rewards.

Lyka Earning Potential

The earning potential on Lyka is very low for the average user. Here are some key limitations:

  • Most activities only earn 0.02-0.05 gems, worth less than $0.001. It would take thousands of actions to accumulate a substantial amount of gems.
  • Daily caps limit how much you can earn from likes, comments, and moments. Even power users are limited to a maximum of 50 gems per day from these activities.
  • High redemption rates mean thousands of gems are needed per reward. The rewards options seem appealing but are largely unattainable for most users based on how slowly gems can be earned.
  • No cash out option means gems can only be used for rewards or merchant purchases. There is no way to withdraw or cash out earned gems, limiting their actual value.

A user would need to use Lyka for months before accumulating enough gems to redeem even a small reward. While you can earn gems passively by posting regularly, the earning potential is extremely limited compared to other rewards apps and sites. For most people, the time investment far outweighs the potential rewards. Lyka seems better suited as a loyalty program for existing power users rather than an opportunity to earn money.

Available Platforms

Lyka is currently only available as a mobile app. It can be downloaded for free from the Apple App Store and Google Play Store. There is no desktop or web version at this time.

The app is only fully functional in the Philippines. Users outside the Philippines can download and engage on the platform but won't have access to the rewards redemption features. Lyka is designed primarily for users in the Philippines, with rewards and merchant options tailored to that market. Users in other countries may find little incentive or opportunity to earn gems given the limitations.

How to Join Lyka

Joining Lyka is quick and easy:

  1. Download the app from the Apple App Store or Google Play Store.
  2. Create an account using your email, Facebook, or Apple ID.
  3. Complete your profile with a profile picture and bio.
  4. Start engaging by posting photos, videos, and moments.
  5. Like and comment on other users' posts.
  6. Refer friends to earn bonus gems.

The sign-up process takes just a couple minutes. Lyka will award you 50 gems just for verifying your account. You can then start interacting right away to earn more gems.

However, keep in mind that the initial 50 gem bonus is a small fraction of the amount needed to redeem most rewards. While you can earn a few more gems for setting up your profile and referring friends, the vast majority of gems come from ongoing engagement like posting, commenting, and liking other users' content. For most people, it will take weeks or months of regular activity to earn a meaningful amount of gems.

Lyka Pros & Cons

Here are the main pros and cons of using Lyka:

Pros

  • Easy to use social platform
  • Rewards for typical social media activities
  • Can earn passive income

Cons

  • Very limited earning potential
  • No cash out option
  • High redemption rates
  • Mainly available only in the Philippines

For most users, the cons far outweigh the pros. While Lyka does provide a way to earn rewards for social media activity, the actual earning and redemption potential is extremely limited. The inability to cash out or withdraw gems also reduces their value. For users outside the Philippines, the app provides little opportunity or incentive to earn at all.

Is Lyka Legit?

Yes, Lyka is a legitimate app that provides real rewards to users. The company is based in the Philippines and has partnerships with many merchants. Users outside the Philippines may not have access to all features, but within the Philippines Lyka works as advertised.

However, the rewards are extremely limited. You'll need a lot of patience and activity to earn any meaningful rewards. For most people, the earning potential is so low on Lyka that it's not worth the time investment. While Lyka can be a legitimate way for power users and influencers in the Philippines to earn rewards and work with brands, it provides little opportunity for the average social media user.

The Verdict: Try Other Options

If you love social media, Lyka provides a legit way to earn tiny rewards for that activity. But don't expect to make any substantial money, especially if you're outside the Philippines.

For most people, the rewards are too limited compared to the time required. You're better off spending that time on survey sites, freelancing, or other side hustles with much higher earning potential.

Post a Comment for "Is Lyka Legit? Our Review About This Social Media App"