HOW CAN I MAKE MONEY IN LATIUM
Latium Freelancing is a micro-job website that claims you can earn by doing small jobs.
But is Latium Freelancing legit and an excellent way to earn some extra cash online or a scam to stay away from?
I have joined and tested it myself to find out exactly what it offers and let me just reveal right away that you can potentially earn by using it, but it also has some disadvantages you need to be aware of.
This Latium review will give you an inside look and reveal all the details about what the site has to offer, so you will know exactly what to expect before you even sign up.
What is Latium Freelancing and what does it offer?
As mentioned above, Latium.org is a micro-job site that will pay you for completing small jobs.
In case you don’t know what a micro-job site is, it is a kind of site where employers post jobs that are usually just one-time jobs for members of the site. Then, the member will just have to apply for that job and if he or she gets accepted, he or she has to complete it at the designated time period.
However, since I first joined Latium.org, they have also started having more and more bigger projects you can do as a freelancer to earn more, but more about this later.
Now, in order to fully understand how Latium Freelancing works, we have to examine the earning opportunities it offers. This should also give you an idea of how well you can earn from it.
I have, therefore, made a short video that gives you an inside look and shows exactly how to earn from Latium. You can also read all the details below the video:
The main earning opportunity of this site is their projects. When you log in to the site, you can view all the projects available in the “For Freelancers” section.
You will then see something similar to the photo shown above. You can also filter the projects according to the category it belongs to. The category will tell you what kind of project it is. For example, there are categories called Surveys, Graphics & Design, App Downloads, Data Entry & Collection, translation & languages, video & animation, and more.
To start working on a project, just click the one you are interested in. Then, you will be taken to the project details page. You will see something like the photo shown below.
You see, in order to start working on a project, you actually have to bid for it. When bidding on a project, you have to indicate the amount you want to get paid as well as the date of delivery (date you can finish the project).
The amount you can ask for should be in the range of the project budget which is also displayed on the details page. If you place an amount over the budget, don’t expect your bid to be accepted.
As for the date, this is also something very important. You have to make sure you deliver the requirements at the date you indicated because it will affect your credibility as a freelancer if you don’t. So, don’t just put in any date you want.
You have to put in a careful estimate of when you will be able to finish the project. If your bid gets accepted but you missed the delivery date, not only will you not get paid, but you will also lose your credibility as a freelancer.
One thing to note with their projects is, some of them will require you to be a verified freelancer account while some don’t. So, make sure to check that first before you place a bid. You can see this in the top right corner (see image above) – if it says verified only, you need to be verified to be able to bid for this project.
Later on, I will discuss more about how to become verified.
If your bid gets accepted, as mentioned, you need to make sure to submit the deliverables before the deadline you indicated. Then, the employer will review your work and if everything is in order, you will receive the payment and it will be credited to your Latium Freelancing account balance.
If you are not paid for a project you feel you have completed, you can discuss the issue with the employer through the chat option provided by Latium. Unfortunately, arbitration and mediation is not available at the time of this writing, so you’ll have to settle it on your own.
As for the reward, I’ll discuss more about it later. That’s basically how their projects work. You bid for it, and if gets accepted, you start working on it. Once you are done with what the project requires, you submit it for review. If the employer sees your work is all good, you will receive the payment.
You can work on as many projects you want, but you have to make sure you deliver, because again, if you fail to complete a project, your freelancer approval rate will suffer and you will have a hard time getting accepted for new projects.
That’s why it is recommended you only take on projects you know you can deliver.
Option 2 – Referral program
Another way you can earn from Latium Freelancing is by inviting other people to join the site. All you have to do is share your invite link with the person you want to invite. When that person clicks the link and registers, they will become your referral.
It doesn’t matter whether they sign up as a freelancer or as an employer, they will still become your referral. As for the reward you will get, here’s a breakdown of the reward percentage.
referral rewards on latium
You will earn bonus rewards when your referral becomes active on the site.
You will earn 50% of the exchange fees paid by your referral on the Latium Exchange (I will talk more about this next). You will also earn 25% of any project fees, 10% on any new subscriptions and subscription renewals, and 10% on any verifications.
The rate of commissions you will get is actually pretty decent, in my opinion. You can earn a decent amount from it especially if you manage to get employer referrals.
You just have to make sure the people you invite are really interested in working on Latium Freelancing. Otherwise, you’ll just be wasting your time.
How do you get paid?
Here’s the tricky part of Latium Freelancing. Whenever you complete a project, you will get paid either in cryptocurrency or US dollars. It will mostly depend on the employer on what he or she will be paying you.
You will see the payment on the details page of the project. So, you’ll know what you will get paid with when you complete a project.
But for every project you complete where you get paid, you will have to pay a project fee to Latium Freelancing. The fee you will have to pay will depend on the type of account you have. There are 3 types of accounts, the free, verified, and pro. Later, I will discuss the difference between the 3.
Withdrawing your earnings can be done in two ways. To withdraw your US Dollar earnings, you have to use PayPal. This is the only option they offer for cash withdrawals. You don’t need to reach a certain amount before you can withdraw your earnings, but take note that their PayPal withdrawals will always have a $5 transaction fee, which is quite high, in my opinion.
So, before you withdraw your earnings, make sure to take into account the transaction fee you need to pay. It is best you only withdraw a significant amount (e.g. $100 or more) to minimize the fee you have to pay.
For your cryptocurrency earnings, you have the option to withdraw it to your crypto wallet or you can trade it for other cryptocurrencies. Latium Freelancing has its own cryptocurrency exchange platform called Latium Exchange.
This can come in quite handy if you want to consolidate all your cryptocurrency earnings into one cryptocurrency like Bitcoin or LiteCoin. And just like with PayPal withdrawals, there will also be a transaction fee. But the good news is, the fee will be minimal for cryptocurrency withdrawals.
Latium Freelancing also caters to almost all of the cryptocurrency available today, which is a good thing. It’s always good to have more options, in my opinion.
Their payment system is a bit complicated but once you get used to it, it will be fairly simple. I do like the fact that they offer payment via PayPal and cryptos.
If you are interested in more sites that pay via PayPal, I recommend you also check out the top sites that pay via PayPal.
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