The Best Way to Earn Passive Income

Just by sharing your internet!

By Daniel FernandesPublished 3 years ago • 7 min read

What is Honeygain and what does it offer?

Honeygain is a unique app where you can earn some extra money for sharing your unused internet. Yes, you read that right. It's that simple.

You don't actually have to do anything other than install their program on your device.

And let me just reveal right away that Honeygain is legit – I have been paid by it many times myself and I will also show you my payment proof later.

Now, in order to fully understand how well you can earn from Honeygain, and if it is the right option for you or not, we have to examine the earning opportunities it offers in detail.

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Option 1 – Software/App Installation

As mentioned, earning from Honeygain is pretty simple and effortless. All you have to do is install their app on your device.

The program can be used on many different devices whether you want to use it on your computer or from your phone.

This is one of the aspects in which Honeygain is really good. You can use it both for Android, iOS, Linux, Mac, and Windows, so you can basically use it no matter the devices you have.

The program/app will basically make use of your unused bandwidth and share it with their clients for web intelligence and content delivery.

In return, you will receive compensation. The unique thing about Honeygain is, that you can install it on several different devices. Installing it on several devices is actually recommended to maximize your earnings.

But, of course, not all of us have several devices so it is not realistic for all to maximize our earnings like this. But you can also just use it on one or two devices and will then just earn less (more about the earning potential later).

Also, be aware that you can only have 1 device connected to the same network/IP address. This used to be 2 devices but has recently changed.

So if you are planning to use more than 1 device, make sure to use different connections/networks. And you can connect a maximum of 10 devices in total.

Now, if you are worried about the safety of Honeygain and whether the software is intrusive or is collecting sensitive information, they guarantee that their software won't do that.

The only information they will be getting from you will be your email address, payment information, device information (like your IP address, operating system version, device model, etc.), and network information.

Apart from that, the only other thing their software will use on your end is a small amount of your bandwidth and device resources.

So, you don't really have to worry about leaking sensitive information like social security and credit card numbers or any other personal information for that matter.

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Option 2 – Honeygain Content Delivery

The Honeygain Content Delivery is an extra way to earn – and just like the regular way of earning with Honeygain, this feature does not require any effort. However this feature exists only on Windows, Mac and Linux.

It is a way for you to share your internet connection for bandwidth-intensive content such as images, videos, audio, heavy websites, IPTV, VoIP, etc.

It requires a stable network connection and can only be used on Windows and macOS devices.

You can have to enable this feature separately. You just open the Honeygain settings and click to enable the content delivery as you can see in the image below.

Once it has been enabled, you will earn 6 credits per hour you are connected.

Just be aware that there are limited spots for this feature so there is no guarantee you will be able to earn right away.

Once you have enabled it, you will see if you are in queue or if you are earning. So it can take some patience before you get to earn with the content delivery as many people are interested in using it.

Also, at the moment of updating this review, this feature is not yet available in all countries. Currently, it is only available in around 30 countries.

So if you do not see the option as you can see in the image above, it is because it is not yet available in your country. But then keep an eye on it as they are planning to expand the feature to more countries.

But until then, you can then just earn by sharing your internet bandwidth the regular way but that can definitely also be great.

Click to Join Honeygain and Get a $5 joining bonus!

Option 3 – Referral Program

You can add to your earnings from installing the app by inviting people to join Honeygain as well. Their referral program is actually quite simple.

When you invite people to join and they register successfully and install the software, you then stand to earn 10% of their daily earnings. I know it's not a lot, but if you've got plenty of referrals, it can result in a significant amount.

To invite people to join, simply copy your invite link and share it via Twitter or Facebook. You can also just email your invite link.

Click to Join Honeygain and Get a $5 joining bonus!

Option 4 – Honeygain coupon code / joining bonus

Honeygain offers a way for you to kickstart your earnings.

When you join, you can use a Honeygain coupon code and get $5 into your account right away. But to get this bonus, you have to use an invitation link or get a code from someone that is already a member.

I am a member myself and if you want the joining bonus, you can just sign up through the invitation link on this page.

If you do that, you will get $5 into your account right away which will give you a great and easy start.

Click to Join Honeygain and Get a $5 joining bonus!

How do you get paid?

With Honeygain, you used to only be able to choose to get paid in cash or Bitcoin. You are able to withdraw what you've earned via PayPal (via Tipalti) or Bitcoin.

However, they have just introduced a new payout option where you can get paid in JumpToken.

I personally think it is great it has these different options, and great you can choose to get paid in cash via PayPal as it is one of the most convenient payment methods around, in my opinion. And Bitcoin is also a great method and what I actually mostly use to get paid from Honeygain.

As shown in the photo above, you will be able to request payment once you've earned $20.

However, the new payout option where you can get paid in JumpToken (JMPT) will give you several benefits. You do not have to reach a certain threshold to take out your earnings, and you will get a 10% bonus on your earnings.

The bonus you get for earning in what they call JumpTask mode used to be 50% when it first launched but has unfortunately been reduced to 10%. It is possible it will completely disappear at some point – just so you are aware. However, you are still able to get paid immediately, which is a great benefit-

Therefore, it can seem like an obvious choice to get paid in JMPT. That is just not necessarily a good choice, in my opinion. Personally, I trust Bitcoin more as it has proven to be a crypto with huge potential over many years, whereas JMPT is brand new, so difficult to say how it will develop.

However, it is very easy to just convert your JMPT to any other crypto, so if you prefer other cryptos, that can be a way to do it, and this is what I am doing myself.

Personally, I actually prefer Bitcoin, but one thing you need to be aware of though is that the fees for withdrawing via PayPal is 15% and 7% for Bitcoin, and there is no fee for withdrawing in JMPT.

It is clear that Honeygain is trying to push its members to get paid in JMPT but personally, I think the fees for getting paid in Bitcoin and especially via PayPal are crazy high, and I am very disappointed they have made the fees this high.

But that is something you just have to accept if you want to use it to earn. And because of these fees, it might also be worth keeping an eye on the JMPT token and consider using this as you will then not only earn more but also not pay withdrawal fees.

The low fee and the bonus when earning in JMPT is the reason I have started using this payout method myself. And then I often just convert it into other cryptos after having withdrawn it to my Metamask wallet.

What you need to know about their payment system is that it deals with Megabytes. The way you get paid on this site is by counting the megabytes you've shared using the program.

For every MB you provide using their software, you will earn a certain number of credits. To give you perspective, you earn 1 credit for 10MB of bandwidth you share. So for 10GB, you’ll earn 1USD. That is their conversion rate.

Their fairly high payout threshold for BTC and PayPal, in my opinion, is their most significant drawback.

But then again, you don't really have to do anything in order to earn. So, I can say that the high payout threshold is balanced out by the effortless way of earning.

Click to Join Honeygain and Get a $5 joining bonus!