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MyLOOT Review: Earn Cash via Gaming?

MyLOOT Review - Is It Worth Using? Full Details Revealed

What is MyLOOT?

MyLOOT is a mobile app that allows users to potentially earn rewards by playing popular video games such as Fortnite, Valorant, League of Legends and more. 

MyLOOT Sign Up

The app features a league system where users can compete against each other in different games to rank in the top 20 players and earn coins. There is also a referral program that allows you to invite friends and earn bonus rewards.

Payment Methods

When using MyLOOT, you earn coins (called ML coins) from participating in leagues and referrals. These coins can then be redeemed for various rewards such as:

  • Gift cards - Requires a minimum of 10,000 ML coins
  • In-game currency
  • Game consoles - Requires a minimum of 550,000 ML coins for a PS5
  • Cash - PayPal withdrawals start at 3,000 ML coins for $1

The coins have variable conversion rates depending on the reward you want to redeem. But overall, the app offers a good variety of redemption options including the convenient PayPal cash out method.

Earning Potential

The earning potential with MyLOOT is quite low. By participating in leagues, most users will earn around 500-1,000 ML coins if they rank 1st. This converts to a very small cash value. It can take a long time, possibly over a year, to earn enough for significant rewards like game consoles.

Earnings are also not guaranteed since you have to rank in the top 20 players in your league to qualify for rewards. If you already play the supported games, you can view any MyLOOT earnings as a nice bonus. But it would be difficult to earn substantial money solely through this app.

Available Platforms

MyLOOT is only available as a mobile app for Android and iOS devices. There is no desktop or web version to use. You can download the app from the Google Play Store or Apple App Store to start using MyLOOT on your phone or tablet.

MyLOOT's availability only on mobile devices can be seen as a downside for some users who prefer using desktop platforms. The app may need to consider expanding to web and desktop platforms in the future to reach more users and improve the overall experience.

How to Join

To get started with MyLOOT, you simply need to:

  1. Download the app on your mobile device from the app store
  2. Create an account by registering with your details
  3. Choose a league and link your gaming ID
  4. Start competing and submitting scores!

The signup process is quick and easy. Just be sure to link your gaming accounts properly so the app can track your progress and scores.

Linking your gaming accounts is an important step to ensure you can participate in leagues and have your scores tracked accurately. Be sure to link the correct platform and username for the games you want to compete in.

Conclusion

Here are the main pros and cons of using MyLOOT:

Pros:

  • Fun way to compete in popular games
  • Decent variety of reward redemption options
  • PayPal cash out available

Cons:

  • Very low earning potential
  • Earnings not guaranteed
  • Only available as mobile app
  • Limited customer support

MyLOOT can be worth trying if you already actively play the supported games. Any potential earnings can be seen as a nice bonus. But it would be difficult to earn substantial rewards through this app alone.

MyLOOT may appeal most to casual gamers who enjoy competing and potentially earning small rewards. For those looking to earn significant money, MyLOOT likely won't meet expectations due to the low earning potential and earnings not being guaranteed.

Summary

MyLOOT offers a fun way to compete in popular games and potentially earn rewards. However, it has very limited earning potential for most users. The app is only available on mobile and provides a decent variety of gift cards, game rewards, and even PayPal cash out. Overall, MyLOOT is likely worth using only if you already play the supported games regularly.

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