Are you looking for the best ways to make passive income? Yes? Then you might want to learn about Honeygain.
Nowadays, there are several passive income apps available that claim to be legit. However, not all of them are legit or worth your time. Because of that, make sure to read reviews about passive income apps. It’ll help you to determine whether the passive income app is legit or worth your time.
Honeygain is a passive income app. You might want to learn about this app before joining. In this Honeygain review, I’ll explain how Honeygain work and whether it’s worth your time. Also, I’ll tell you about its pros and cons. It’ll help you to decide whether you should join Honeygain or not.
What is Honeygain?
Honeygain is a passive income app that allows you to make money sharing your internet connection. It was launched in 2019 as a crowdsourced residential proxy network. Honeygain operates in more than 150 countries and the monthly user base growth rate is 30%.
Honeygain allows world-famous businesses to extract your user data. No worries, Honeygain uses your Internet connection to gather bits of information that are publicly available.
How do companies use your data? Credible companies use this data for web statistics, price comparisons, and other verified business processes. We’ll talk about it in detail later.
Is Honeygain Legit?
Before going further, we need to know whether Honeygain is legit.
Honeygain is a legit passive income app that has been around since 2019. Honeygain has 4.5 ratings on Trustpilot out of over 10k reviews, which is “Excellent.”
Here are some positive reviews from Honeygain users:
The application is legit and does payout the amount. I requested payout a few days ago and received the payment on my paypal account today... Although the traffic/data collection rate of the app is slow, I still had a good experience nevertheless.. With time and patience you will surely earn the money
I've already withdrawn my first 20 dollars on Jumptask. Therefore, I can safely recommend these passive earnings.
the application is really proven to pay today I am very happy a few days ago I made a withdrawal from honeygain and now I have received payment from this application. I get a notification from paypal that the money has been received from honeygain I hope this app is always paying and running long term thanks a lot honeygain I really like honeygain
How Does Honeygain Work?
Honeygain is a unique platform. Not many people know how does it work.
Honeygain started as a crowdsourced residential proxy network. It’s the first-ever app that allows its users to make money online by sharing their internet connection.
When you start using Honeygain, your devices act like view towers. Honeygain uses your devices to gather data, which they sell to trusted companies.
Honeygain only works with well-known and trusted companies, approves every use case individually, and monitors all client activities throughout the entire partnership. They always ensure their business clients cannot harm the network in any way so users can use Honeygain with utmost safety.
Honeygain never do anything without asking its users. Being a user, you can allow it to work and stops all activity whenever you want. Also, Honeygain never touches your personal data.
How do companies use your data? Honeygain partners with data scientists, large companies, and market research firms. The Honeygain network is used by researchers from e-commerce, advertising, and web intelligence companies. Here are some of the common ways companies use your data:
- Market Research
- Brand Protection
- Ad Verification
- Web Statistics
- App Testing
- Travel Fare Aggregation
- Price Comparison
- SEO Monitoring
- Content Delivery
Now you know how Honeygain work. Let’s take a look at how to join Honeygain!
How To Join Honeygain?
Honeygain is available globally. It doesn’t matter where are you from. Honeygain allows everyone to make money by sharing their internet connection.
Honeygain can be used on many devices if the internet connection is stable. Honeygain can be installed on the following devices:
It’s a pretty simple joining process. All you have to do is create an account by completing an online form. There are three different ways available to create an account, such as Gmail, Facebook, and Email.
If you choose the Email option, you have to verify your email. They’ll send a confirmation email to your inbox. You have to click the confirmation button. That’s it!
You can install Honeygain on up to 10 devices. Honeygain doesn’t have an age restriction. However, they do say you have to be of legal age.
How To Make Money With Honeygain?
We’ve landed on the most crucial segment of this Honeygain review. There are four different ways available to make money with Honeygain.
1. Default Network Sharing (DNS)
It’s the primary way to make money with Honeygain. Every member of Honeygain can use this method to make money.
To get started, you’ll have to install the Honeygain app or software on your device. Honeygain can be installed on devices like Windows, macOS, Linux, iOS, and Android.
Once you install the app or software on your device, it’ll run in the background. This app or software will use your internet connection to gather bits of information that are publicly available online. In return, you’ll get paid.
Honeygain allows you to install the app on ten devices. It helps you to maximize your earnings. However, how many of us use ten devices? Therefore, it’s not realistic to maximize earnings in this way.
Moreover, you’re only permitted to connect one device to the same IP/network. You have to use different networks/IPs if you’re planning to connect more than one device.
You might be concerned about whether Honeygain is collecting sensitive information or not. As I mentioned earlier, they don’t touch your personal data. According to Honeygain, they only get information like:
- Email address
- Payment information
- Device information
- Network information
If you want to make money with Honeygain, you must provide this information. Otherwise, Honeygain is not a suitable passive income app for you.
2. Content Delivery (CD)
Content Delivery is another way to make money with Honeygain. Unfortunately, this method is not available globally. Currently, it’s available in 45 countries. They are planning to add more countries to the list.
This method is used for bandwidth-intensive content, such as:
- Heavy Websites
Because of that, the earning potential is higher using content delivery compared to Default Network Sharing. You can use this method only on Windows and macOS devices that are using ISP or MOB usage-type IP addresses. Also, it requires a stable internet connection.
If you meet all the conditions, you will automatically be put in the queue for Content Delivery. However, there are limited spots available for this feature. You’ll have to wait in the queue until a spot becomes available. You’ll receive six credits an hour if the Content Delivery status is Active.
You can use both Default Network Sharing and Content Delivery simultaneously. You’ll get paid by the hour using Content Delivery.
3. Refer a Friend
Honeygain has a referral program that allows you to maximize your earnings. You can refer friends to Honeygain using your referral link.
Here’s how to find your referral link:
- Go to your dashboard and click on “Referrals” at the left sidebar.
- You’ll see a button named “Invite Friends.” Click on the button.
- A pop window will come with your referral link.
You have to use this link to refer friends to Honeygain. Also, your referrals must use this link to signup for Honeygain. Once your referrals start sharing their internet bandwidth with Honeygain, a 10% bonus of their daily earnings will be added to your account.
Your referrals will receive $5 worth of credits in their account as a welcome bonus. However, you won’t get the 10% of their $5 sign-up bonus or income from their own referrals.
Honeygain is celebrating its 4th birthday with users. You are getting a chance to win a MacBook, gift cards, and Honeygain credits worth 4 million credits by referring friends. However, your referrals must share 200 MB of traffic. The more active referrals, the higher your chance to win. This offer is for a limited time only.
4. Lucky Pot
Lucky Pot is a sweepstakes game that allows users to earn up to 10,000 credits ($10) each day. However, there are a few rules available to participate in the Lucky Pot.
The rules of the Lucky Pot are as follows:
- Only an active user eligible to participate in the Lucky Pot who has generated 15 MB of Shared Traffic per day.
- Each active user is eligible to participate in the Lucky Pot once a day.
When you visit your dashboard, you’ll see the “Open Lucky Pot” button on the right side. You’ll get a pop-up window as soon as you click the button. After that, click on the button named “Open Lucky Pot.” You can win from 5 to 10 000 Honeygain Credits.
Lucky Pot helps you to reach the minimum withdrawal threshold faster.
How Does Honeygain Pay?
Honeygain offers two payment methods, such as:
- JumpToken (Crypto)
The minimum payout threshold is $20 (20,000 credits). Once you reach the minimum payout threshold, you can withdraw your earnings via PayPal or JumpToken.
If you enable the JumpTask mode, you don’t have to wait for the minimum payout threshold. Your earnings will be transferred straight to your JumpTask Account balance.
It’ll take 2-3 business days for the PayPal payout to reach your account. On the other hand, you will receive your JumpTokens in your cryptocurrency wallet within a couple of seconds.
As you might know, PayPal is not available all over the world. If your country doesn’t support PayPal, you can withdraw your earnings via JumpTokens.
How Long Does It Take To Reach $20 on Honeygain?
According to some Honeygain users, it takes 40-45 days to reach the minimum payout threshold of $20. As a welcome bonus, you’ll get $5 in your account. You’ll have to earn $15 to request a payout.
Honeygain has a couple of options to maximize your earnings, such as:
- Lucky Pot
- Referral Program
These two methods can help you to reach the minimum payout threshold of $20 faster.
How Much Can You Earn from Honeygain?
According to Honeygain, your earnings directly depend on the amount of traffic you share with Honeygain’s networks. The more you share, the more you earn.
Honeygain has an estimation tool that’ll help you to get an idea of how much can you earn. For example, if you connect 3 IPs, share 6 GB daily traffic, and 4 hours of daily content delivery, you’ll earn $55 a month.
Here are a few factors that influence your earnings:
- Your location
- The number of IP addresses
- Network ping/speed
It may not be a high amount of money you’re earning a month. However, you’re doing nothing except installing the app or software.
Honeygain Pros and Cons
It’s essential to know what’s Honeygain’s pros and cons. It’ll help you to decide whether you should use Honeygain or not.
- It’s free to join
- Passive income
- Works on many devices
- Signup and referral bonus
- Low earning potential
- High payout threshold
- There is a fee involved with PayPal cashout
Honeygain is a unique passive income app. However, there are a few more passive income apps available. Here are some Honeygain alternatives to make passive income.
MobileXpression works kind of similarly to Honeygain. You can earn free gift cards by sharing your mobile surfing activity. MobileXpression has over 2 million users. Until now, they’ve paid over $5 million in eGift cards.
All you have to do is install the MobileXpression app on your mobile device. That’s it you don’t have to do anything else. MobileXpression works on both iOS and Android. You’ll get to claim your earned credits each week. You can redeem your credits for eGift cards.
OnMyWay works uniquely like Honeygain. It’ll pay you to stay away from your phone while driving. All you have to do is install the app on your mobile device.
You’ll earn $0.05 for every mile you drive without texting. You’ll receive $100 cash when you become an OnMyWay user. Also, they have a referral program that’ll allow you to maximize your earnings. You can use your OnMyWay cash for free food, gas, travel, events, gift cards, contests, etc.
Mobilio works similarly to OnMyWay. They want to motivate people not to use mobile while driving.
You’ll earn one point when you don’t use your mobile for one minute while driving. If you use your mobile while driving, it’ll automatically deduct a point. Mobilio pays its users in a cryptocurrency called “Mobilio.” You can use this cryptocurrency to purchase products from Mobilio.
As you can see, Honeygain is a passive income app that allows you to make money without doing anything. It’s a set-and-forget app that works in the background. You don’t have to check out this app frequently.
You may think whether it’s worth your time. To be honest, it depends on you. If you are comfortable sharing your internet bandwidth, it’s a good passive income app. However, the earning potential is very low. You should expect a few dollars a month.
In my opinion, Honeygain is perfect for those who want to make money without lifting their fingers.
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