Completely Passive Income - Can You Trust Honeygain?

May 5th, 2022

More and more options for passive earning have appeared online in recent times. They could be investing in stocks, earning by listening to music or doing surveys. These methods, though, require some input from their users.

But there is one other unique method: passive income applications. In them, you are getting money for doing absolutely nothing. One of these applications is Honeygain. But can you trust it for your passive income goals?

What is Honeygain?

As noted previously, Honeygain is a passive income application. As the name suggests, you do not have to do anything active to earn. In this application, you share your unused internet bandwidth and get money in exchange for that.

The internet connection that you share with Honeygain is used for various use cases, which are somewhat helpful for you. For example, one of the key use cases is price aggregation/checking. 

Your bandwidth would be used to check prices on various websites, such as clothing shops, plane ticket sellers, etc. This is helpful because you are also probably using such websites to find the best deals. And with Honeygain, you would help others achieve that too.

How to use Honeygain?

The process of starting to use Honeygain is easy. You have to visit their website, create an account, and install the application itself. That’s it.

The Honeygain application is available on nearly all operating systems: Windows, macOS, Android, iOS, and even Linux. This means that you already have a device that could use Honeygain available.

After installing Honeygain and logging into your account there, you are all set. The application runs quietly in the background, sharing your internet traffic. Since you do not have to do anything actively, this makes it truly a passive way to earn.

What are the earnings on Honeygain?

Arguably, the most important part is the earnings. Honeygain uses a credit system that is used to pay you. In it, you gain 3 credits for every 10 MB of traffic shared. 1000 credits translate to $1. You can use one device per IP address, hence, having multiple networks at your disposal is better.

What is important to know is that you need to collect 20 000 ($20) credits in order to payout. This is the payout threshold imposed by Honeygain. In order to collect this faster, the app offers two distinct yet fully functional features - Content Delivery and the referral system.

Content Delivery is a different way of sharing traffic. User-wise, it does not require any activity, as the core functionality remains the same - passive income. Basically, Content Delivery is the same as traffic sharing, but it is used for bandwidth-intensive content. In it, you get 6 credits for each hour spent in Content Delivery. This functionality, however, is available in certain countries only.

As for the referral system, by Referring your friends to Honeygain, you get the equivalent of 10% of their earnings. This means that if you have a bunch of active referrals, you are bound to reach the payout threshold faster. As for your friends, if they register using your referral link, they would get a $5 sign-up bonus as a starting gift.

Regarding the payout itself, once the payout threshold is reached, you get a few options on how to receive your payout. Currently, Honeygain offers PayPal, Bitcoin, and JumpToken as payout methods. Using cryptocurrency options could be your introduction to the crypto world as a whole.

Is it safe to use?

According to their website, all of the connections that are made between Honeygain and the user are Encrypted. No one from the outside can access these connections, making it a safe option for desktop and mobile users alike.

As for the Android application, when installing them, you get a warning on what permissions are required by the application. In the case of Honeygain, there are no requests for permissions while installing it. This means that the application can not access any data on your Android device.

In regards to the iOS application, since it is available on the Apple App Store, you can be sure that it is safe to use. Besides that, the App Store offers information on what data is linked to you and what data is not linked to you. Here, Honeygain only links identifier data (required to log in) to you. Diagnostics are not linked to you at all.

All in all, Honeygain is indeed a great choice for passive income. Since it requires no investment nor any active input from you, it is essentially completely free money. Granted, it would not make you thousands of dollars, but some extra pocket money is always good to have.

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