Are you looking for some online tools that can help you create a passive income stream without doing much? Honeygain is one of them so if you are interested, keep reading.
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Honeygain Review – Is It Legit or a Scam?
If you work a regular 9 to 5 job your internet connection remains idle most of the time. Even when you’re home a certain percentage of the bandwidth connection remains unused. I know what you might be thinking! Don’t worry, we have completed all the due diligence in this review for you.
Honeygain is a company which will use your idle internet connection and pay you for your idle internet connection. It is a legitimate company which will pay you for sharing your data. 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. Once you’ve installed the app it starts to use your internet data. Remember, when we say data, we don’t mean that the app is spying on you. Keep reading to find out how this app works.
How Does Honeygain Work
The app can run in the background while you earn money sharing your internet bandwidth with the company. You can download the app for any device. Once the app has been downloaded and installed on your device you will need to create an account. When you first sign up with the company you receive a $5 bonus for creating a new account. Once the app has been installed it is time to configure the app. The app will never use more than 10% of your available data plan at a given time. This means that the app runs on the background and you will not notice a difference in your Internet connection speed.
You have the option to live your computer open 24/7 and share the idle internet connection with the company. You have all the options available to you to select how much of your data plan the company can use each day. The company says that you can expect 2 GB per day usage depending on your internet connection speed. Each person which participates in this will not be affected in their daily work.
What we love about Honeygain is that they give the details on how the app works on their website.
The companies connected to Honeygain use the information for search engine optimization, Honeygain acts as a mediator which helps users earn money and charge a commission for itself. Honeygain is not concerned about your connection. Wherever you are in the world, if you have a steady internet connection they will work with you. They have excessive eligibility terms: you have to be over 18 and you need to have a PayPal account.
Does Honeygain slow internet connection? If you are downloading the program you don’t have to worry about the slow speed as the app will stop working. Users will be able to enjoy the usual internet speed even when the app is active.
Is Honeygain Safe
Yes, it is totally safe. I have been using the app for six months and I have never experienced any issue with it. It just uses your internet unused data and pays you for that. With all the great functionality there are a few caveats that the Honeygain users needs to know. It doesn’t download or store any harmful data.
Does Honegain really pay? Yes, Honaygain really pays. You get paid with PayPal when you reach the limit of $20. You get paid based on how much internet they use, not how much internet you use. Every 10 credits in your account equals $0.01.
The payment method is simple: Honeygain will pay you hard cash which you can withdraw through your PayPal account.
How to get paid from Honeygain? 4 steps to follow:
1. Make sure you are ready for a payout
2. Get an invitation letter
3. Register to their payout system
4. Receive their payout
It is possible to connect five devices at once to your internet connection. The company recommends that you use one device per IP address for best earnings. The amount of usage each day will depend on your internet plan or line speed.
How Much Can You Earn?
The company pays for every KB of data that you share with them. It is possible to earn up to $50 a month for sharing your data. However, you must share your data for 700 hours a month to earn the $50. The app runs in the background so it is possible to accumulate money every time that your computer is open. The minimum payment threshold is $20. How much you get paid depends on the mega bytes you share on the platform. Depending on your bandwidth and your connection speed the app will use up to 15 mega bytes.
The platform will also charge a percentage of your earnings. The percentage depends on the country you are located in. For example, in the US this is 2%.
What we love about this app is that it’s compatible with all types of devices. Another significant aspect is that you can install Honeygain in about 6 devices. The more devices you sign up the more revenue you can generate.
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The Pros and Cons
The Pros
1. The app is safe to use in your device
2. Easy instalation
3. Efficient customer support
The Cons
1. If you are running this on a mobile device, the app can eat your battery
2. Fast data usage
3. Doesn’t work in an inactive connection or device
Conclusion
Honeygain is a legitimate company and will pay you for sharing your data. You will need to install the app and register to the company. There is a referral program that helps you earn an extra 10% of your referral’s earnings. The app works great on your computer but if you install it on your phone it will eat up your battery.
Serious about making money online? Get started with this course on creating an online business. Some people are making $10,000 a month on this platform.