Honeygain review 2020 earn money online while doing nothing. The app reviews how to use it, payment proof, and make money from home tips & tricks. How to cash out and payment method.
I have been asking a lot of this question what is one of the best ways to make money on the Internet? Well, there’s no best way but who doesn’t like passive income right? If you’re looking for a money-making app that takes no effort to work. Then Honeygain might be for you.
In today’s article, we going to talk about Honeygain review in 2020. You simply download the app on your devices and earn money. Sound good to be true right so we going find out.
By the end of this video, you going to know how this website works? How much they paid you and how you get paid? It is going to be worth your time to invest in this app or not? So, sit back relax and enjoy.
What is Honeygain?
Honeygain is a crowdsourced network company that lets other businesses to gather information, data intelligence, and perform market and business research.
The company that will use your unused internet connection for their network and pays you for your unused internet connection.
How does it work?
You can visit their website and download the app they have available Window, Mac OS, and android. They still working IOS device so it will come out in the future.
Once the app has been downloaded and installed on your device, you’ll need to create an account.
The company needs your email address, password, IP address, and your payment method.
When you first sign up with the company you’ll receive a $5 bonus for creating a new account.
After you download the app and sign up. Here you will decide on how much of your data plan the company can use per day.
Honeygain claims to use your “unused net data” that they’re promising to pay you. What exactly do they mean by “unused net data”?
Well let me give you an example say that your internet connection is 10mb/s – this means that you could potentially download 10mb’s worth of data every second and Honeygain will use 1 – 2 mb/s even less than that.
The app will never use more than 10% of your available data plan at any given time. This means the app runs in the background so you won’t see a major decline in your internet connection speed.
You are paid for each KB of data the company uses from your data plan. I mention more about it later.
You can expect usage of up to 2GB per day, although depending on your network speed, the app can reach a maximum of 15GB per day. The app consumes 5 – 10% of battery per day
which can be a no-go for those who already struggle with short battery life.
That’s why you may want to use an old phone or activate the app only while charging. You have this option in the settings like this
How much can you earn with honeygain?
You get paid based on how much internet they use not how much internet you use.
The current rate for Default Network Sharing is 1 credit for 10 MB of traffic that goes through your network and 10 GB = $1 USD. This means that each credit is worth a penny.
The company uses an online calculator to help you determine you’re earning based on the number of hours your devices are connected and you share your data.
It is possible to earn up to $50 a month for sharing your data. However, you must share the data for 720 hours in a month to earn the $50. This means that you must have the app connected for 24 hours a day.
Quick tips to earn more money with this is run the app in the background so it is easy to accumulate money each day your computer is connected to a network.
Can you earn more with multiple device?
It’s possible to maximize your earnings by installing Honeygain in more than 1 device, but each one must use a different network like different wifi.
If you install multiple devices on the same network, the system will divide the traffic between all devices and you will end up earning the same.
The other way to earn money is by referring friends.
You can invite your friends with your own personalized link and 10% of their daily earnings will be added to your account. If your referral reaches $50 a month you earn an extra $5!
How Do You Get Paid?
As mentioned earlier, you earn credits for every KB of data. The conversion math is 10 credits equals 1 cent USD. The minimum payout is $20 USD.
Currently, Honeygain only pays through PayPal. It will take 24 hours to process your payment and receive the money in your PayPal account.
Your credits don’t expire as long as you run the app. If you turn off the app and become inactive then your credits expire 6 months after inactivity.
Now you may be concerned about your internet safely or personal data. What happen to my privacy data, are they going to share with some companies.
Is This Safe?
First, HoneyGain ensures that all of your personal data is safe.
They do not keep any data from any of their clients. The only data they’ll have is what will be necessary for the service.
This includes your email address, your IP address, how much traffic you make per month, and your chosen payout method.
Secondly, HoneyGain has options in place where you can limit how much of your data plan the app can use. You can turn off the mobile data usage in your HoneyGain app settings menu.
Each person who shares their data usage with the company will not be affected in their daily work. The company will only use a maximum of 10 of your available network bandwidth.
Now let’s talk about pros and cons:
Pros
- Easy to use – Download on all your devices and run
- Simple Dashboard – Clear and easy to understand member dashboard
- Easy to Contact – Customer support is easy to reach with their contact form
- Safe – Strict protocols are in place and no personal information is used.
Cons:
- Eats your Plan – If you’re on a limited data plan, HoneyGain can eat up that data and cost you.
- Battery life – Based on age of your device the app uses about 5%-10% of battery life per day.
- Requires Activity – If you don’t use your phone or internet much, you’ll earn less
Even this is a super passive way to earn money but it raises some concern and I want you to hear me out on this.
Who is using your data? You have absolutely no idea. They did not give away ANY details whatsoever rent out your data like which company, what kind of research? They are very vague when it comes to mentioning what they’re actually doing with your data.
I decided to check out their Privacy Policy but still, that is very vague too. It doesn’t really mention anything about these so-called “data scientists” or what they’ll actually be doing with your network. They could be using it for ANYTHING.
So, I want you to keep that in mind and also be careful if you have a limited data plan!
Now you might be wonder it is legit company? Or scam?
I already do-little research for you. Let see what it said
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