How to earn passive income with Honeygain
What is Honeygain?
Honeygain is the first-ever app that helps it's users make money online by simply sharing their internet connection. It’s a really passive income - effortlessly!
How does Honeygain work?
"By running Honeygain you essentially employ your internet connection to make money for you. The app facilitates proxy services to third parties, such as data scientists, Fortune 500, and other trustworthy companies." - Honeygain
"The Honeygain network is used by researchers from e-commerce, advertising, and web intelligence companies. These companies extract insights from the web using Honeygain to make market research, ad-fraud prevention, brand protection, pricing intelligence, travel fare aggregation, and SEO monitoring services." - Honeygain
What is your internet used for?
"Once you start using Honeygain, your devices act like view towers and help world-famous businesses access the World Wide Web without having to worry about location-based restrictions or censorship. The best part is, you don’t just play a part in improving the digital tomorrow – you also get paid real money for it! Keep reading to learn more about why and how your network is used and understand your role better." - Honeygain
But what about privacy? Is it safe?
"Honeygain’s primary goal is to ensure the best passive income experience for each user. Respecting privacy and data security is key: not only are we crystal clear about how the app uses their Internet connection and what digital products depend on such networks, but we also empower our users by providing them with 100% control on when and how it works." - Honeygain
How much money can you make?
Well, it depends on a few things.
First, your location
Your earnings depend on the traffic demand required for our business clients, as well as the number of users in your area.
Second, the number of IP addresses
The more IP addresses your devices are connected to, the more you can earn.
You can use 1 device per one IP/Network.
If you have questions about your current or planned setup - contact honeygains support team.
Third, your network ping/speed
To hit the sweet spot, aim for a speed of >50Mbps and a ping of <50ms. For more details, feel free to refer to our Help page.
"Default Network Sharing - does not require high bandwidth, but your network connection has to be stable with latency as low as possible. As a rule of thumb, devices with slow internet (less than 1Mbps) or unstable internet connection will not be used." - Honeygain
"On the other hand internet speeds of 100Mbps is the maximum you can utilize for Default Network Sharing - anything over will not benefit your earning potential." - Honeygain
Earning Methods and Payment options
There are two options for earning money with Honeygain.
First is the application's default earning method, and second is the crypto method! If you are like me and you love crypto, you can switch the earning method to earn crypto instead of dollar, but if you're not a crypto fan or for some reason you don't want to do that, you can just use the default method and earn dollar.
You can choose to receive payouts in PayPal, BTC, or JMPT.
Before choosing your earning method, there are a few things you should know
If you choose the crypto method you will earn 10% more money.
There is no payout thresholds and you can cash out anytime you want.
You'll get your money almost instantly.
And the transaction fees are really low.
Pros and Cons of Earning Methods
Crypto Method - Pros
• You make 10% more money
• No payout thresholds
• Instant Payouts
• Low fees
Crypto Method - Cons
• It's crypto, so it might go up and down quickly
Default Method - Pros
• You'll earn dollar which is kinda safe
Default Method - Cons
• The minimum payout is $20
• You'll have to wait around 2 business days to receive your payment
• High fees
• No bonus
Get Started and Earn Passive Income
First You'll need to sign up.
I highly recommend using a referral link/code, because you'll get a $5 bonus.
My referral link: https://r.honeygain.me/MOHI30F285
After you signed up, go to Download Page and download Honeygain.
You can download Honeygain for Android, iOS, Windows, macOS and Linux.
Now that you've downloaded and installed the app, run it, login, and that's it!
Summary
Honeygain can be installed on any Windows, Linux, MacOS, iOS or Android device with a stable Internet connection.
Honeygain securely shares your Internet connection, never gaining access to your personal data.
It uses your Internet connection to gather bits of information that’s publicly available online.
Credible companies use this data for web statistics, price comparison, and other verified business processes.
Users earn money for all the traffic they share and can choose to receive payouts in PayPal, BTC, or JMPT.
And that was it. Have a great day!
Source: Honeygain