In this post we will be looking at the Honeygain app. We will discuss below what Honeygain is, how it works and how you could earn free passive income from it.
What Is Honeygain And How Does It Work?
Honeygain is a unique free app that lets users earn money online by simply sharing their internet connection. It is very straightforward to use. There is no technical know how to set it up and it is available worldwide. And it offers a source of passive income.
Honeygain uses an app that once installed runs in the background of your device. It can be installed on both desktops and mobile devices. Devices running Windows, MacOS, Android and Linux are supported. iOS is not supported due to there being no background service functionality for the app to use in iOS.
The internet connection you share is used by researchers and web intelligence companies. They use this data to extract insights into market research, ad-fraud prevention, brand protection, pricing intelligence, travel fare aggregation, and SEO monitoring services.
How Much Can You Earn?
The amount you can earn depends on how many devices you use, the amount of data you wish to share and the amount of time you share for. There is a handy calculator on the website you can use to estimate your monthly earnings depending on your usage. The more you share, the more you will earn.
Other factors that may affect earnings include your location, number of IP addresses and network ping speed. Using the default network sharing feature, you will earn approximately $1 per 10GB of data shared. There are two different types of sharing that can affect your earnings and we will discuss these in the next section below.
Network Sharing Types
There are two network sharing types that Honeygain uses – content delivery and default network sharing.
With Content Delivery you are paid for the amount of time your device is active and connected to the servers. So the longer you run for, the more money you will earn. It is used for bandwidth intensive content such as images or videos and so requires a more stable connection. Initially only being available to US and UK users, it is now available to users in 38 countries.
For users in countries where Content Delivery is not available then it will use the Default Network Sharing. This is the standard sharing method where users earn money per Kb of data shared rather than earning by duration.
How Can I Cashout?
There are two payout options available to choose from – PayPal or Bitcoin. There are some important points to note here if you choose PayPal. PayPal payments are only made in US Dollars and there are transaction fees that will be deducted from your payout.
The minimum payment threshold is only $20 so it shouldn’t take long to be able to redeem. You will get an instant $5 added free to your account when you sign up at this link. >>> Register a Honeygain account
More Ways To Earn
In addition to earning cash from sharing your Internet connection, Honeygain has a couple more ways to earn more. Refer friends and you will earn 10% of their earnings. There is also a Lucky Pot daily draw where you could win $10 worth of points.
Is Honeygain Worth It?
You may be wondering, is Honeygain worth it? Now using Honeygain isn’t going to make you rich or earn as much money as other passive income sources like affiliate marketing.
However, being easy to use and open to everybody we would recommend using it as it does offer a simple way to earn some extra passive income each month.
If you have an internet connection with an unlimited data allowance then it makes sense to earn some of that money back with no effort. Plus you can get a free $5 bonus just for registering an account using the link below. So why not give it a try and see how much you could earn?
More Ways To Make Passive Income
If you liked this then some other posts you might like covering ways to make passive income;
- Why passive income is important
- Start blogging to make passive income
- Earn passive real estate income with REITs
We have other posts covering different free rewards apps, passive income and more. Please check out our blog and join our mailing list to get all our latest content.