Honeygain pays you for sharing your unused internet. Although it may need some perseverance, the allure is in the fact that it provides an entirely passive means of earning money. Additionally, if you sign up via the link below, you’ll receive a $5 bonus.
Perhaps you have come across Honeygain if you have been searching for passive online income opportunities.
But is Honyegain a genuine company that offers easy money, or is it a fraud that should be avoided?
Knowing this before joining is crucial since, regrettably, there are a lot of scammers out there that you should be cautious about.
I’ve been testing and using Honeygain for a long, so in this review, you’ll get an inside look at all the benefits and drawbacks.
In this manner, you’ll be fully prepared and able to determine whether or not this is the perfect opportunity for you.
What does Honeygain offer, and what is it?
With the help of the innovative program Honeygain, you can share your wasted internet usage and make more money. You did really read correctly. That’s how easy it is.
Other than installing their program on your device, that is all that is required of you.
And let me just say up front that Honeygain is real; I have personally received payments from it numerous times, and I will provide you with payment documentation at a later time.
We now need to take a close look at Honeygain’s earning possibilities in order to properly comprehend how much you can make from it and choose whether it is the best choice for you.
Option 1: Installing Software or Apps
As previously stated, making money with Honeygain is really easy. Installing their software or program on your smartphone is all that is required.
Whether you wish to use the program on your computer or your phone, it may be utilized on a variety of devices.
When I initially started using Honeygain, it was only compatible with a few number of devices. This is one area where it has improved. However, it is now compatible with Linux, Mac, Windows, iOS, Android, and iOS, so you may use it on any device.
Basically, the program/app will use the bandwidth you don’t use and share it with its clients for content delivery and web intelligence.
You will be compensated in exchange. The ability to install Honeygain on several devices makes it stand out from other apps. It is actually advised to install it on multiple devices in order to optimize your revenue.
Of course, not everyone has many devices, so it is unrealistic to expect everyone to optimize their income in this way. However, if you only use it on one or two devices, your earnings will be reduced (we’ll talk more about the earning potential later).
Remember that you can only have one device linked to the same IP address or network. This was two devices before, but it changed recently.
Thus, use distinct connections/networks if you intend to use more than one device. Additionally, you can connect up to 10 devices at once.
Now, they assure you that their program won’t do that if you’re concerned about Honeygain’s security and whether it’s invasive or gathering private data.
All of the data they will obtain from you is your email address, payment details, device details (such as IP address, OS version, model, etc.), and network data.
Other than that, the only resources and bandwidth your device will consume will be used by their software on your end.
It is therefore not really necessary to be concerned about the disclosure of private information, including credit card details and social security numbers.
Option 2: Delivery of Honeygain Content
Like the standard Honeygain earning method, the Honeygain Content Delivery is an additional way to get money that doesn’t need any work on your part.
It allows you to share your internet connection with other users for content that uses a lot of bandwidth, such VoIP, IPTV, heavy websites, and photos, videos, and audio.
It requires a reliable network connection and may only be used on Windows and macOS systems.
You might need to turn on this option individually. To enable content distribution, simply access the Honeygain settings and click on it, as shown in the figure below.
After it is activated, you will receive six credits for every hour that you are online.
Please note that there is no guarantee you will be able to earn immediately because there are a limited number of seats available for this function.
You will be able to see if you are earning or in a queue once you have activated it. Because so many people are interested in using it, it may take some time before you start making money from the content delivery.
Additionally, not all nations have access to this service as of the time this review was updated. It is only accessible in about 30 countries at the moment.
It is therefore not yet accessible in your country if you do not see the option as it appears in the image above. However, keep a watch on it because they intend to bring the functionality to additional nations.
However, until then, you may simply make money by sharing your internet bandwidth in the conventional manner, which is undoubtedly also a fantastic option.
Option 3: Program for Referrals
By encouraging others to sign up for Honeygain, you can increase the amount of money you make from installing the app. Actually, their referral mechanism is fairly straightforward.
You will receive 10% of the individuals’ daily earnings if you successfully invite them to join, register, and install the software. To be clear, they will receive the same pay, and Honeygain will pay your commission rather than deducting it from their profits.
I realize that’s not much, but if you receive a lot of referrals, it can add up to a sizable sum.
Just copy your invite link and share it on Facebook or Twitter to get others to join. You can also send your invite link via email.
Option 4: Accomplishments with Honeygain
The newest feature they’ve added to encourage you to keep moving while also giving you the opportunity to make a little additional money is called Honeygain Achievements.
Badges are awarded to users who actively use the platform. They resemble the kind of milestones you might see in video games, where you receive points for reaching predetermined goals.
You’ll receive extra credit for some of these, and a badge for others.
Although it won’t significantly increase your income, it’s still a nice bonus feature that’s worth occasionally visiting the section.
Option 5: Joining bonus and Honeygain coupon code
Honeygain provides an opportunity for you to increase your income.
Upon signing up, you can immediately receive $5 into your account by using a Honeygain coupon code. However, you must utilize an invitation link or obtain a code from an existing member in order to receive this incentive.
As I am already a member, all you have to do to get the joining bonus is use this page’s invitation link to sign up.
You will receive $5 into your account immediately if you do that, providing you with a fantastic and simple start.
How are you compensated?
Prior to Honeygain, your only options for payment were cash or Bitcoin. You must use PayPal to make cash withdrawals (via Tipalti).
However, Honeygain has stopped offering Bitcoin as a payout option. Although I find it unfortunate, I really quit utilizing it as a payout option because Honeygain charges astronomically high fees for it.
Fortunately, they recently unveiled a new payout option that allows you to receive payment in JumpToken, a different cryptocurrency.
I believe it’s fantastic that it offers these options, especially the option to accept payment in cash through PayPal, which is, in my opinion, one of the most practical ways to make payments.
After you’ve made $20, you can ask for payment.
However, the new payout option where you can get paid in JumpToken (JMPT) will give you various perks. You will receive a 10% bonus on your earnings and are not required to meet any minimum level in order to withdraw your money.
Sadly, the bonus for earning in what they refer to as JumpTask mode has been lowered from 50% to 10% since its first launch.
Just so you know, there’s a chance that the JMPT incentive will eventually end entirely. But, you can still get paid right away, which is a huge advantage.
Therefore, receiving payment in JMPT may appear like the right decision. That is contingent upon your own inclinations, though.
For me, I have greater faith in Bitcoin since it has shown itself to be a cryptocurrency with enormous potential over a long period of time, while JMPT is still very young, so it’s hard to predict how it will grow. However, as was already established, Honeygain no longer offers Bitcoin as a payout method.
But, converting your JMPT to any other cryptocurrency is rather simple, so if you’d rather use one, that can be an option as well. In fact, I do this quite frequently.
You should also be informed that there is no fee for withdrawals made using JMPT, however there is a 15% fee for withdrawals made via PayPal.
While it is evident that Honeygain is attempting to encourage its members to receive their payments in JMPT, I find the costs associated with using PayPal to be absurdly exorbitant, and I am rather upset that they have set such high rates.
However, if you wish to utilize it to earn money, you simply have to accept that. Additionally, due of these fees, it could be wise to keep an eye on the JMPT token and think about using it, since doing so will allow you to earn more money and avoid having to pay withdrawal fees.
My own use of this payout method began because of the inexpensive charge and the incentive while earning in JMPT. I then frequently just withdraw the money to my Metamask wallet and convert it into other cryptocurrencies.
It is important for you to be aware that their payment system utilizes megabytes. This website counts the megabytes you’ve shared with the application in order to pay you.
With their program, you will receive a set amount of credits for each MB you supply. To put things in perspective, every 10MB of shared bandwidth entitles you to one credit. You will thus get $1 for every 10GB. Their conversion rate is that.
To me, their biggest flaw is that their payout thresholds for PayPal and Bitcoin are too high.
On the other hand, earning doesn’t actually require any work on your part. Thus, I would argue that the easy approach to earn offsets the high reward threshold.
If you’re looking to cash out quickly, don’t enroll as it may take some time to reach the payment criteria.
I advise you to look at the quickest paying sites instead if you’re searching for ones that would let you withdraw your profits far more quickly.
It may take up to 7 business days after you’ve requested a payout before you get your money. This is the main drawback of Honeygain, in my opinion, and it is fairly slow. It was faster formerly, but they changed it to be slower for an unknown reason. They said they don’t intend to speed it up again after I sought for their assistance.
Since you can get paid instantly if you select that option, I presume this is just another incentive for them to encourage their users to get paid in JumpToken.
It’s not a huge deal to wait seven days, but it’s something to know so you don’t freak out if you don’t get paid right away.
What is your potential income?
Their software allows you to earn more money based on how many devices you utilize. It follows that installing the software on several devices is a must if you want to earn a substantial quantity of money.
Therefore, the number of devices on which you can install Honeygain will essentially determine its earning potential. Additionally, you must ensure that no more than one device is linked to the same network or IP address in order to optimize your revenue.
To maximize your Honeygain earnings, you may connect up to 10 devices to separate networks or IP addresses. Two devices could previously be connected to a single IP address, but sadly, this has changed, so please be aware of this.
You can even work from home with just one or two devices and make some more money on the side. Additionally, keep in mind that a mobile network has its own network and IP. If you have a computer and a phone, each with its own internet subscription, this can be a simple method to use two devices.
The website’s own calculator indicates that you might make about $30 a month if you share 10 GB of data every day, but that’s a lot of data to share!
Of course, you also need to factor in the cost of your internet connection before determining whether it will be worthwhile.
It might be worthwhile if you have unlimited internet, but depending on your internet plan, paying for your internet as you go could result in you spending more money than you make.
However, since you don’t have to do anything, it might be a simple way to make money if you have unlimited internet.
Therefore, one of the platform’s strengths is that it can be a method to make a little additional money passively. However, you should approach it with realistic expectations and determine whether it would even be worthwhile for you before committing to anything.
I advise you to install it on the devices you already own, test it for a month, and then determine how much money you can make. The most effective method for determining your exact earning potential based on device and connection speed is to do that.
Use it on a mobile device?
Honeygain is available for PCs and mobile devices, as was previously indicated.
Previously, it was exclusively compatible with Android smartphones, but it is now also available on iOS smartphones.
It’s also important for you to know that the software cannot be downloaded through Google Play, the standard Android app store. After logging in, you will need to download its APK version from within Honeygain.
In case you are unfamiliar with APKs, they are essentially a manual way of installing apps on mobile devices. The good news is that you will receive step-by-step instructions when you click the download link for the Android installation.
You should have no trouble installing the app if you just follow the instructions. On the other hand, I believe that having the app available for download on Google Play would have been preferable. That seems like the best course of action.
You should be mindful that their mobile app will drain your battery more quickly.
The battery of the device is used by the app when traffic sharing is enabled. The anticipated daily battery consumption may range from 5% to 8%, depending on the device’s age.
Who is eligible to sign up for Honeygain?
Honeygain is accessible everywhere. Where you are from doesn’t really matter to them. You can proceed as long as you have an internet connection.
They have a very easy signup process as well. Simply fill out their registration form to get started, and then click the confirmation button in the email you will receive to validate your account.
There isn’t an age restriction on using or joining Honeygain. However, they do state that you must be of legal age, whoever that may be in your nation. You also need your parent’s or guardian’s consent to join before then.
Also, how much you can earn will vary from nation to country as the need for traffic is stronger in some countries than in others.
If you reside in a nation where earning money from Honeygain is difficult, you may consider these Honeygain substitutes.
Are you able to receive assistance?
You can browse their FAQ page and locate the answers you need by logging into their dashboard. It does, fortunately, address the majority of frequently asked questions.
But if you can’t locate the answers you are looking for, you can use the contact form on their site. Be aware that their app doesn’t actually have a contact form you can use, so it has to be the one on the website.
Send your questions using that form, please. To find out what’s new, you can also check out their social media profiles. They have rather active Facebook, Twitter, and Instagram pages.
From my experience, the support team responds promptly, and I have consistently received a response when reaching out to them, which is fantastic.
All things considered, I think they do a respectable job of helping their members.
Last Word
This review shows that Honeygain is a reliable website that pays you for sharing your device’s resources and bandwidth. It offers a few appealing features as well as some drawbacks.
But to give you a better idea of what the website has to offer, let’s wrap up this review with a summary of its advantages and disadvantages.
Advantages:
provides a technique to generate extra money passively
PayPal and cryptocurrency payments are accepted.
accessible worldwide
offers a fantastic welcome bonus
accessible across a variety of devices
Cons:
comparatively high payment threshold
When you use PayPal to cash out, there are significant fees.
The easiest approach to get extra money with Honeygain is its biggest advantage. I think that their platform’s fundamental strength is that. It is easy to establish and forget. In actuality, it’s a kind of passive income.
But because of its rather high payment threshold—especially if you only install it on one device—it can take a while to withdraw your winnings. However, because it doesn’t actually take any work, it can be a respectable supplementary site to make money from.
Simply install it on your PC or mobile device to continue earning while working on other online reward sites. However, since you won’t be able to make a lot of money from it, you need seriously control your expectations.
Thus, I advise you to look into the top survey sites in your nation if you’d rather have a more active side hustle where you may quickly make a lot more money.
All of the websites on this list have a low payment threshold and strong earning potential. In addition, you will be able to locate a website that you may sign up for from anywhere in the world.
Please feel free to leave a comment below if you have any questions, concerns, or personal experiences with Honeygain.
