There is a number of websites on the internet from which you can earn online. One of the ways is by renting your unused bandwidth. Hence comes one of the best internet networks Honeygain.
Honeygain pays you for renting your unused internet bandwidth. So if you are interested in the network then you may be wondering how you can earn from Honeygain and whether Honeygain is legit or a scam.
So let’s start with the most important question and that is
Is Honeygain Legit or Scam?
First of all, being honest Honeygain is a legit site and it definitely pays. However, the site is way different than normal online GPT sites or PTC sites. In the Honeygain network you don’t have to do any work but just rent your unused internet bandwidth.
Sounds easy however there are some key aspects that you should definitely know before joining the site.
Also, you can earn up to $50 if you manage to rent your internet bandwidth properly. Honeygain pays you via Bitcoin and Paypal so you must have your own PayPal and Bitcoin.
So let’s get started with the short facts of Honeygain.
Short Facts
- Network name – Honeygain
- Eligibility – Worldwide
- Withdraw Duration Cycle – Instantly
- Minimum Age Requirements – 15 years
- Minimum Payout – $20
- Payout Methods – PayPal and Bitcoin
What is Honeygain?
Honeygain is a popular internet network where you can passive income by just renting or sharing your unused internet bandwidth.
So basically Honeygain is one of those networks that use the part of your IP Address for their use and then pay you for your service.
Regarding the bandwidth or data, Honeygain can use up to 2 GB per day. Hence if you want to earn some passive income then you just have to let Honeygain run on your device.
But first, let’s start with the joining process of Honeygain.
How to Join Honeygain?
Honeygain is a worldwide network so basically, you can join from any part of the world.
You just have to visit the Honeygain website and click on the dashboard button. Then just fill in your email address and your password which can be used for logging in to your account.
After signing up you have to verify your phone and also your Gmail account.
Now you have to download the application of Honeygain for Windows, Linux Mac, IOS, or Android.
You can log in to the application with the same credentials. Now that you have downloaded the applications you are all set to earn some extra earnings.
How to Make Money from Honeygain?
Well, now you are in the most important section of the article. Basically, you are joining Honeygain to make money so the first method of earning from the site is by.
Download and Install Application
First of all, you will receive $5 by just signing up for the website. Also, you will receive some extra bonus by downloading the application and installing it on your windows, Android, or personal device.
But you may find it strange that Honeygain will grant you the installation of up to six devices from the same account.
However, running Honeygain on six of your devices will surely hamper the strength of your internet connections.
So after you install the application you have to create a data plan to give to Honeygain. Honeygain will only use 10% of your total data or 2 GB per day maximum on the day.
There is also fear of Honeygain selling your confidential information but it is just a fake rumor. You will only provide an email address, name, and your PayPal account.
Now that you have given the unused internet bandwidth they will pay you accordingly for your rented IP address.
You can also earn money by completing simple tasks from Remotasks. Check the review below.
Remotasks Review 2022: Is it Legit or Scam
Referrals
Now only another way of earning from Honeygain’s site or app is by bringing in referrals to their site.
You will find your own referral code once you join the site which you can share among your friends and on your social media.
If any referrals join the Honeygain site from your referral code, you will receive the lifetime commission from their earnings.
Honeygain rewards you with a commission of 10% daily when your referrals start earning from their Honeygain themselves.
Since you can easily make up to $10 per day from Honeygain, you will receive from $1 to $2 a day just a commission from the referrals.
Earning Potential of Honeygain
The earning potential of Honeygain depends upon the quantity of bandwidth you rent to the site and the number of devices you are using the Honeygain applications on.
There is no exact calculation on earnings on each kb of data but you will be paid according to the data you rent them.
Overall you can up to $50 if you can rent them over 700 hours of data per month. However, you can only rent them 2GB of data in a day per device.
Minimum Payouts and Payment Method
Honeygain network or site pays its users by two methods and they are PayPal and Bitcoin.
PayPal and Bitcoin are probably two of the most popular paying options at this age in the internet platform.
Almost every online worker has a PayPal account and cryptocurrency and in specific Bitcoin is at an all-time high regarding digital currency.
Talking about how you can withdraw your amount, you must earn at least $20 in your Honeygain account.
However, it seems way easier than it actually is. For $1 you have to rent them up to 1 GB of data so you must provide them 200 GB worth of your internet data before you can withdraw your earnings.
Hence many users use Honeygain on multiple devices to accelerate their earnings.
Risk of Honeygain
Sharing your internet data with some alien company online sounds like a very risky task. However, Honeygain commits that the personal data of the users are not sold whatsoever.
According to Honeygain themselves, the only data of the users that can be available are the data or information that the users have voluntarily kept on the site.
This means Only your email address, and IP Address is visible to the site themselves so not even Honeygain can access your personal data.
You can also turn off providing data anytime you want if you think something different is going on.
However, the suspicion is the reason sometimes you don’t get into trouble. If you still believe it is way too risky to provide data to Honeygain then please don’t join this site.
Pros and Cons of Honeygain
Pros
- Honeygain is a worldwide network.
- You can earn passive income thought the month.
- Honeygain pays you via PayPal and Bitcoin which are very popular payment options.
Cons
- Sharing your personal data may be risky.
- The minimum withdrawal amount of Honeygain is $20 which is quite high.
- Reduces the efficiency of any device that is connected.
Conclusion: Honeygain Review
After the in detail Honeygain Review I can easily confirm that the site is legit and it pays. You will get paid for renting your unwanted internet bandwidth according to the data you rent.
However, you have to send them 200 GB worth of data in able to earn $20 to withdraw your amount.
Also the risk of private data getting leaked still lingers. So I humbly request you to join Honeygain only if you are alright with renting your internet data.
If you are even slightly concerned about safety do not join the site.
