I think it’s safe to say that even the best passive income strategies take some startup capital to get the ball rolling. Investing your money into the stock market takes startup money. Similarly, using your crypto to make more crypto obviously requires having it in the first place! If you’re just getting started, this barrier can seem pretty discouraging. This is why easy methods like using passive income apps have always enticed me so much. Another nifty income source I’ve covered on This Online World before involves selling unused bandwidth for money.
And, of all the methods to sell your unused internet, Honeygain is perhaps the most popular (and newer) option out there. So, if you want to turn your computer or phone into a passive income machine by selling your internet, Honeygain might be worth considering.
Time to break down the facts along with our strategy in this Honeygain review!
Honeygain is a company that will use your idle internet connection for their network and pays you for your idle internet connection. This is a great concept that works on any Windows device, Mac device, and all smartphones and tablets. This is an international company and no matter where you live the company will pay you for using your idle internet connection. It is possible to connect 5 devices at once to your internet connection. The company recommends that you use one device per IP address to receive the best revenue possible. The company can use up to 2GB per day. Depending on your internet speed it is possible to reach a maximum of 15GB per day. The amount of usage each day will depend on your internet plan and your line speed. The company will never use more than 10% of your available network bandwidth at a time. Therefore, the app can run in the background while you earn money sharing your network bandwidth with the company.
How Does It Work?
- Visit the website and download the app for any Android device.
- You can also download the Windows app from the website.
- It is now possible to download the app for any Mac OS or download the APK app for Android devices.
- Once the app has been downloaded and installed on your device, you’ll need to create an account.
- The company needs your email address, password, IP address, and your payment method.
- When you first sign up with the company you’ll receive a $5 bonus for creating a new account.
- Once the app has been installed on your computer or mobile device, it is time to configure the app. Here you will decide on how much of your data plan the company can use per day.
- The app will never use more than 10% of your available data plan at any given time. This means the app runs in the background so you won’t see a major decline in your internet connection speed.
- You are paid for each KB of data the company uses from your data plan.
- If you are busy and need your full data plan, it is possible to turn off the app and not share your data plan.
- You have the option to leave your computer running 24/7 and share your data plan with the company.
It’s available to download on Windows and MacOS computers along with Android phones. Unfortunately, an iOS (iPhone) version is not available.
For smart phone users, you can use your mobile data for this, but if you connect to any Wi-Fi, the app will continue to work. This means you don’t have to spend anything at all to make money.
Is Honeygain Safe?
Naturally, you’d want to know what your unused internet will be used for and whether or not it’s safe.
Honeygain is very transparent about this. Data scientists use the platform to connect to the internet to perform things like market research and ad verification while Honeygain manages all these connections with strict safeguards to protect all parties.
In other words, the internet is used by trusted companies doing bland errands.
Here’s an illustration when Honeygain uses the internet for ad verification:
Additionally, none of your personal information is ever shared or used. The app will never gain access to your device’s storage. The only information they measure is how much internet traffic they used from you in order to pay you properly.
To verify their claim, I looked into Honeygain’s app setting on my phone. I can see that no permissions are required for the app to run:
The Honeygain app is also not allowed to access my phone storage device, pictures, or files:
I have no worries due to Honeygain’s transparency, the companies they’re working with, and the very limited amount of information they collect from users.
I’d say it’s very safe.
- Honeygain ensures that all your personal data is safe at all times.
- The company does not keep any of your personal data on their servers. The only data that are kept is necessary for their services. The company must store your email address, your IP address, how much traffic you generate per month, and how you want to be paid for the traffic you’ve shared.
- You have all the options available to you to select how much of your data plan the company can use each day.
- It is possible to turn off the data sharing on any device at any time.
- The company says that you can expect 2GB per day usage or up to 15GB per day depending on your internet connection speed.
- Each person who shares their data usage with the company will not be affected in their daily work. The company will only use a maximum of 10 of your available network bandwidth.
How Much Can You Earn?
- Your earnings are calculated by the number of devices the app is installed on and how much-unused data you have available.
- The company pays for every KB of data that you share with them.
- The company uses an online calculator to help you determine you’re earning based on the number of hours your devices are connected and you share your data.
- It is possible to earn up to $50 a month for sharing your data. However, you must share the data for 720 hours in a month to earn the $50. This means that you must have the app connected for 24 hours a day.
- The app runs in the background so it is easy to accumulate money each day your computer is connected to a network.
- The app is easy to use and install on your devices.
- The company offers you a simple dashboard that makes it easy to understand how much data you have shared and allows you to calculate your earnings.
- If you run into any problems it is easy to contact the company for help.
- The app is safe to use on all your devices.
How Are You Paid?
- You earn credits in your account for sharing your data.
- Every 10 credits in your account equal $0.01.
- You need to earn $20 in your account before you can request payment.
- The company only pays by PayPal.
- It will take 24 hours to process your payment and receive the money in your PayPal account.
According to Honeygain: “By sharing your internet connection through Honeygain, business partners can access the web from your location. That’s how you help others to view the internet as it is seen by real people – without any location restrictions or censorships.”
Now, you might be wondering: what kind of customers use Honeygain?
Well, here are some of the business use-cases listed on their website:
- Brand protection/searching for brand results and counterfeit goods from different countries.
- Ad verification.
- App and website testing.
- Bypassing geo-restricted content.
- Comparing prices.
So, in a nutshell, Honeygain lets you make money by selling your unused internet to businesses around the world.
The question is: how do you get started?
How Does Honeygain Work?
Default Network Sharing
Default Network Sharing is the standard way to earn on Honeygain. When the app is active, you’ll start to earn credits based on the traffic that goes through your network.
The current rate for Default Network Sharing is 1 credit for 10 MB of traffic.
To get 1,000 credits, you would then need 10,000 MB (10 GB) of traffic.
This means that 10 GB = $1 USD.
You can connect multiple devices (no device limits per user, but only 2 devices maximum on the same network) to speed up the pace of earning credits.
The tricky part of this is that demand for Honeygain’s service is uneven.
Sometimes, when the demand is high and there are few Honeygain users on, you’ll make more renting out your internet connection. Other times, the demand can still be high, but if there are a lot of users on, the demand is more spread out.
Where you’re located also plays a part in your earnings. Some locations are more in demand than others.
Not huge by any means, but it’s totally free money. Now let’s pair this up with the Content Delivery Option.
Content Delivery Sharing
Content Delivery is a new feature with Honeygain and the company’s answer to the annoying aspect of not being able to predict your monthly earnings more accurately.
With Content Delivery, you’ll earn credits based on the duration of time that a desktop device is connected, regardless if your internet is needed or not.
The current rate of Content Delivery is 10 credits for 1 hour of leaving the app open.
This means that 24 hours = 240 credits.
Content Delivery is available on desktop devices only (Windows and macOS).
Why only desktop devices?
- Desktop devices usually have unlimited data plans or rely solely on a Wi-Fi connection.
- Desktop devices have a more stable connection, which is required for businesses who use Content Delivery.
How To Activate Content Delivery
Simply download the app on your desktop computer and enable the Content Delivery feature from there. That’s it! Your device is ready to join Content Delivery.
If you want to start earning passive income with Honeygain, the process takes 4 steps:
To get stared with Honeygain, you need to create an account so that your earnings are tracked as businesses around the world use your bandwidth.
You can create an account with your email or by connecting Facebook, and Honeygain is completely free to use.
You need to actually run Honeygain on a device to turn it into a VPN node, so downloading Honeygain’s app is the second step.
Currently, Honeygain is available for Android, IOS, and Windows devices.
According to Honeygain, there isn’t a limit on how many devices you can have on a single account. However, you’re limited to 2 devices per IP.
I’ve seen Honeygain setups where people are running more, and if you have 2 IP addresses for some reason, you can certainly push the limit.
However, note that running more than 2 devices is technically against the rules.
3. RUN HONEYGAIN
You have to leave Honeygain running for the program to earn passive income.
For mobile devices, this just takes opening the app and letting it sit on the homepage.
For windows, the process is similar, and you have to launch Honeygain and let it run.
You’ll see the amount of bandwidth you’re using slowly creep up as miniature bees flutter around the screen.
The bandwidth count also corresponds to a dollar figure, so you can see how much money you’re earning for your efforts.
Earnings come in the form of Honey, which deposits in your Honeygain account until you’re ready to cash out!
4. HONEYGAIN PAYOUT OPTIONS
You need $20 worth of points to cash out with Honeygain.
For context, 200 gigabytes is equal to 20,000 Honey, which is $20.
Honeygain pays out via PayPal or BTC
How Much Can You Make With Honeygain?
Alright, time to get to the meat and potatoes of this Honeygain review by tackling how much money you can actually make.
There’s a few things to keep in mind, but let’s start with the basics.
Here’s a rundown of how much data is worth on Honeygain:
- For every 10MB of traffic, you earn one credit.
- One credit equals $0.01USD.
- You need 20,000 credits, or 200GB of shared data, to cash out.
So really, your earning potential depends on how many devices you have running and how much data they end up sharing.
Honeygain has a nifty calculator that shows you how much you can earn at different device counts and data amounts.
For example, 3 devices sharing 7GB per day would result in earning $19 per month:
Now, if we ramp it up to 4 devices and full content delivery, you’ll see earnings jump to around $31 per month.
A few things to unpack here.
Firstly, content delivery just means enabling your devices to handle more bandwidth-intensive content, like videos and images.
This feature is only available on desktop, and it’s a good idea to enable this to maximize your earnings.
Secondly, this calculator assume you run multiple devices and that you don’t have any trouble using bandwidth.
So this is all pretty much a perfect storm scenario and should not be relied on as an average by any means at all.
Is Honeygain Safe? – Privacy Concerns & Policy
The main reason people are against selling their bandwidth is because you’re letting a foreign entity use your IP address to browse the web.
In the past, companies that use this model have had instances of users breaking the law online or getting the IP owner banned from different web services.
Additionally, if you’re a fan of online surveys, I’ve seen a few reports that selling your bandwidth to companies like Honeygain and Fluidstack can result in bans from popular survey sites.
In any case, if you’re this far into our Honeygain review, you’re probably at least semi-serious about doing this.
So, here’s what you need to know about privacy concerns.
According to Honeygain, “the app facilitates proxy services to third parties, such as data scientists, Fortune 500, and other trustworthy companies.”
Other Honeygain Reviews
I like to take a look at Reddit to gauge what other uses think about money making apps.
In this case, since my own earnings were an epic fail, I think this info is even more valuable.
As you can see in this thread, people have varying levels of success with the app:
Honestly, earning $0.40 per day from Honeygain is pretty decent. That’s actually $12 per month, or $144 per year in free money.
Not Able to Use PayPal? Honeygain Got You Covered: BTC Payout. Explained
Are you a crypto believer? If yes, probably you already know what you need and when we announced about BTC payout – you likely thought – finally!
For all the other Honeygainers – we are here to help and cover everything you need to know about BTC payout.
At the end of 2020, we introduced one more method of withdrawing your earnings, thus speaking a lot about 2020 being cryptocurrencies year, Bitcoin reaching 16K, etc. We are currently at the second month of the year, and Bitcoin’s value is..tremendous. The graph of its value speaks for itself. And, not to be bragging but since Honeygain started with BTC payouts bitcoin tripled its value… Just saying.
Why are we speaking about bitcoin, anyways?
Worldwide interest overtime is increasing, yet not everyone knows how to use Bitcoin. One of the reasons why we introduced BTC payout is to simplify the process and allow using Honeygain there, where PayPal is a bit of the problem. Interestingly, Honeygain withdrawal requests of BTC between January and February increased by 3%, overall taking 30% of total payments, and these statistics are just after the first four months of existence.
Honeygain withdrawal requests of BTC between January and February increased by 3%, overall taking 30% of total payments
List of countries that are not supported by PayPal: Antarctica, Afghanistan, Cuba, Bouvet Island, British Indian Ocean Territory, Cameroon, Central African Republic, Christmas Island, Equatorial Guinea, Haiti, Heard Island, And Mcdonald Islands, Iran, Iraq, North Korea, Lao, Lebanon, Liberia, Libya, Nigeria, Pakistan, Papua New Guinea, Serbia and Montenegro, Sudan, Syria, Zimbabwe.
Moreover, PayPal announced shutting down India’s domestic payments business (starting from 1 April 2021). Hopefully, your origin country continues to support it. Although to be secured, this is one more reason to check out how to get those payments in BTC.
How BTC payouts in Honeygain works:
Once you reach the required withdrawal amount (minimum $20), request and choose the BTC payment method.
Honeygain will proceed with your payment of $20+ in BTC within two business days to your wallet.
Use the free bitcoin cash for purchases, investments, transactions, or anything else.
Not Honeygainer yet? Download the app and sign using ‘sweetmoney’ coupon code to get your first $5.
Some of the BTC wallet to choose from
Here your choice should be wise. Regarding each wallet, make sure you read everything about it before agreeing to terms & conditions, measure essential steps in advance. Remember, it is your responsibility to choose the wallet and know good practices for protecting your money. We collected some of the BTC wallets’ list for you HERE, providing pros & cons. Besides, you are always welcome to check out more wallet options.
Concern about holding your assets in BTC?
If you are concerned about crypto assets instability, we have a tip for you. You might hear that exists a USDC coin. – “A USDC is a token that is worth exactly 1 USD. Its value is going to stay stable against USD — hence the name stable coin for this type of coins.” With that in mind, you might want to check wallets that have an option USDC coin. That way you would simply need to exchange your earned BTC assets from Honeygain into this coin. It will promise you the stability of value.
Also, another way of getting stability – after transferring BTC assets to your wallet, exchange it into any currency you prefer and hold it there or even transfer it to your bank account.
What do you need to open a BTC wallet?
Usually more than one password or key. (tip: save it in more than one place!)
2FA two key factor authentication (application on your phone)
Depending on the wallet which supports BTC, you must understand that it is not equivalent to a bank account. Some wallets do not require a lot of your personal information or ID approvals, giving you an opportunity to collect your assets in an anonymous way.
Are there any alternatives to PayPal?
Yes. You can always find some alternatives. If you think that PayPal is the best option for you but you are not using Honeygain because PayPal is not supported in your location – we have another way. Instead of using PayPal, try to open an account on similar platforms that could hold your assets. Withdraw the money from Honeygain in BTC wallet and then transfer it to any other platform in dollars supporting online payments.
Some of the alternatives: Payoneer, Skrill, Google Pay Send, Stripe, and some
To sum up
If your region does not support PayPal – try to open a BTC wallet and exchange it for any currency you use, or simply hold your assets there until you decide what to do with it. To earn free money was never so easy!
If you are still not sure about the payouts method – contact us! Or find all the details and FAQ on our support page.
Be a Honeygainer and earn smart passive income effortlessly. Use 💸 ‘sweetmoney’ 💸 coupon code to get your first $5.
Honeygain is a legitimate company and will pay you for sharing your data. The app is an international app that works on all Windows devices, Mac IOS, and Android devices. You will need to install the app and register with the company. When you signup to share your data the company gives you a $5 signup bonus. There is a referral program that helps you earn an extra 10% of your referrals earnings. This helps to reach your payout goal faster. The app works great on your computer but if you install this on a smartphone it can eat up the battery life on your device. I would not recommend using this app if you are on a limited data plan each month. This can end up costing you money instead of making money. Other than this the app is great and it can earn you up to $50 a month just for sharing your data.
You can get the Honeygain app for absolutely free by clicking the banner below on your mobile device!
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Dan Watson and Arkham Industries provide an informational service only and are not responsible for any investments made applying this information. The results described are not typical and are not guarantees of future income. Any investment contains risk and is 100% the responsibility of the investor to assess the risks/rewards involved. It is possible to lose some or all of your investment. We assume no liability assumed or implied for your application of the information shared from the training programs.
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Earnings and Income Disclaimer. We make every effort to ensure that we accurately represent these products and services and their potential for income. Earning and Income statements made by its’ customers and/or I are only estimates of what we think you can possibly earn. There is no guarantee that you will make these levels of income and you accept the risk that the earnings and income statements differ by individual. As with any business, your results may vary, and will be based on your individual capacity, business experience, expertise, and level of desire.