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Honeygain Review 2022: Is Honeygain Legit?

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Honeygain Review

honeygain logo

Honeygain is an app that enables users to earn a passive income by sharing their internet connection with others. The platform is relatively new and was only founded in 2018. However, it has already built a strong audience since it was founded. Earning money with Honeygain is effortless and all you need to do is to set up the app, then you can sit back and let it earn some extra cash for you.

Rating

4.7

Legit & Safe

Signup Process

Ease of Use

Payout Process

Pros

  • High earning potential – earn $1 for every 10GB of data that you share with others. Top earners on the platform can earn up to $67 per month.
  • Generous referral program – get $5 for each person you refer to Honeygains, plus 10% of all their earnings from sharing their internet bandwidth.
  • Maximize earnings with more IP addresses – use Honeygains on just one network for every device that you have to maximize your potential earnings.
  • 2 payment options – cash out your earnings either via PayPal (payment usually within 2 to 3 days) or Bitcoin (payment usually within 1 week).

Cons

  • High minimum withdrawal threshold – you must have at least $20 in earnings before you can cash out. This can take up to 1 month to accumulate.
  • Not suitable if you have limited data – you need to share 200GB of data to earn enough to cash out, which may not be possible with limited data.

Jump to: Full Review

How Does Honeygain Work?


Honeygain works by using your internet to conduct web searches. It essentially allows you to rent out your network connection and earn money. 

In simple terms, Honeygain is a mediator, helping its users to earn money from companies that need data.

How Much Can You Make from Honeygain?


You’ll receive payment based on how much internet you share. The current rate is 1 credit for every 10 MB of traffic through your network.

Each credit is worth approximately $0.01. So, you’ll need to accumulate 10 GB to earn $1. It can take you up to 48 days to reach $20.

What are the Other Ways to Make Money on Honeygain?


Content Delivery

You can also make money with Honeygain through content delivery. This involves delivering things like images, videos, audio, and other content with your internet connection. This way, you’ll earn 6 credits every hour for content delivery that’s active and running. 

Lucky Pot

As a new feature, The Lucky Pot gives you the chance to win up to 10,000 credits ($10) every day. To participate, you’ll need to be active on Honeygain.

Referrals

Honeygain also has a referral program that allows you to earn a $5 bonus if anyone signs up with your link. In addition, you’ll get 10% of their earnings, forever. 

If you don’t earn any referral bonus, it’s possible that your referrals are not sharing their internet bandwidth with Honeygain.

Honeygain Reviews: Is Honeygain Legit?


Honeygain is certainly a legit platform. If you don’t mind sharing your data with an app in the background of your device, you should not even notice that Honeygain is working. Honeygain has 4.4 stars on Trustpilot, and 2.8 on App Store.

The fact that Honeygain will not keep any of your data stored on their servers pleased most users. Others also liked the way they could earn by just sharing their data and even turning it off anytime.

However, like other apps, Honeygain has its own drawbacks. For instance, most negative reviewers claimed that Honeygain is a scam company that doesn’t pay. Some users even complained that they could not make anything despite the 3 devices that they connected.

Other than that, Honeygain is a great app that allows you to earn by just sharing your data.

Who is Honeygain For?


Honeygain is best for people who have an unlimited data plan or those who want to make passive income by sharing their data. With this app, they can share their unused data and earn passive income.

How to Sign Up with Honeygain?


To sign up with Honeygain:

  • Go to the website
  • Click Sign up
  • Fill the registration form by filling in your email and password
  • Confirm your email address
  • Download and install the app
  • Get a $5 sign up bonus

How to Make Money with Honeygain?


Step 1 – Run Honeygain

Once you’re connected to WiFi, the Honeygain app will run and securely share your internet without accessing your personal data. 

Step 2 – Let it gather

Your connection will then be used to gather data from the internet. 

Step 3 – Help businesses

Companies will use this data for various services. 

Step 4 – Get paid


Where Can You Use Honeygain?


Honeygain is not location-dependent. You can use the app wherever you live, anywhere in the world, provided you have a high-quality, steady internet connection.

Honeygain Hacks


The best way to boost your Honeygain earnings is to share the app with your friends. The company has a referral program, so you can earn some cash yourself and help your friends earn extra money. 

The Honeygain system will automatically update the earnings each day, so you can track your referral bonuses. 

You can also maximize your earnings by connecting more devices. Honeygain allows you to have up to five devices connected. However, the company recommends spreading your connected devices across several internet addresses. 

How to Redeem Money with Honeygain?


PayPal

Honeygain pays genuine cash. There is a minimum cash-out threshold of $20. Once you reach $20 in earnings, you can redeem your earnings via Paypal. 

Bitcoins

Honeygain also pays via Bitcoins. You can redeem your earnings once you’ve reached the payout threshold of $20.

What are the Honeygain Pros & Cons?


Honeygain Pros

  • It takes next to no time to download and set up the app on your devices. 
  • Honeygain does not track or store your personal data or internet habits.
  • Great Referral Program. 
  • Good customer support hence you can contact them anytime with any issue.

Honeygain Cons

  • If Honeygain is running 24/7 on your device, it will have an impact on your battery life. 
  • Since you’re likely to earn $1 or $2 per day, the $20 minimum payout can be a little steep. 

Honeygain Review Verdict: Is Honeygain Worth it?


If you have a good internet connection and don’t mind sharing it then Honegain could be worth your time. Since you are giving someone access to your IP, it’s always going to carry some risk.

With Honeygain, you’ll be earning a few dollars a month or more almost effortlessly. All you need to do is download the app and get started.

But if you’re highly concerned about your data security and don’t want an app lurking around, you’d probably regard it as a scam. Otherwise provided you are well informed and vigilant, this app could be the right option.

Sites Like Honeygain


Honeygain vs. PacketStream


PacketStream is a proxy network that operates in a similar way to Honeygain. You can make a massive income by downloading the software and allowing it to run in the background of your device. 

The rate of pay works out the same as Honeygain. You’ll earn $0.10 for each gig of bandwidth. Where PacketStream differs from Honeygain is its referral program.

You can still make some extra money by referring family members and friends. But, you’ll only receive a 3% commission on your referral’s earnings. The company does have promotions periodically, where you can earn more, but generally, Honeygains program is more attractive. 

Honeygain vs. Packity


Packity offers the same rates as Honeygain and PacketStream. So, you can earn $0.10 per gig. Unfortunately, Packity penalizes users with inconsistent uptime. If your nodes have a consistency rate of 59% or less, you will only receive $0.05 per gig. 

Other aspects of the platform are very similar to Honeygain and PacketStream. But, while Packity claims to offer solid customer support, it is lacking.

There is a website splash page, where you need to supply your name, email address and message and then wait for a response. Many reviews have comments about how they have waited for months to receive a message from the Packity team. 

Honeygain vs. Acorns


Acorns Summary

  • Low account fees from just $3 per month
  • Get $5 in your account for referrals
  • Low minimum starting investment amount
  • High average return on investments of 7.5%

Acorns is a passive investment app that helps you earn money. While both platforms allow you to make extra money, Acorns allows you to make money by investing. Compared to Honeygain that’s free to sign up and start using, Acorns requires at least $5 to start investing. 

Acorns also has different membership plans including, Acorns Personal($3), and Acorns Family($5) contrary to Honegain that does not have any plan. Otherwise, if you want to make extra money through investing or sharing your data these platforms can be the best options.

Honeygain vs. Fundrise


Fundrise Summary

  • Low minimum starting investment of $10
  • High historical returns of 8.8% to 12.4%
  • 0.15% advisory 0.85% management fees
  • Diverse portfolios of up to 16 investments

Like Honeygain, Fundrise is an app that gives you a chance to earn passive income. As one of the best passive income apps, Fundrise gives you an opportunity to invest your money in attractive real estate projects. 

While Honeygain is free to sign up and use, you must have at least $10 to start investing with Fundrise. Fundrise is also suitable for long-term investors compared to Honegain which caters to individuals who want to make money sharing their internet. So when it comes to potential earnings, Fundrise is the clear winner.

Honeygain vs. Public App


Public App Summary

  • Invest in stocks, ETFs, and crypto
  • $0 commission fees for any stock trades
  • Over 100 articles to learn about investing
  • Low 1-2% commission for crypto trades

Public App is a free app that offers fractional investing with no account minimums or fees charged. Like Honeygain, Public App is free to join and use. Both apps also have referral programs that allow you to refer your friends and earn something. 

While Public App is best for those who want to invest extra money, Honeygain is suitable for those who want to share their data. More so you can use Honeygain wherever you live compared to Public App that you can only use in the US. That said, both apps are legit.

There is a website splash page, where you need to supply your name, email address and message and then wait for a response. Many reviews have comments about how they have waited for months to receive a message from the Packity team. 

Honeygain Passive Income Apps FAQ


What is Honeygain?

Honeygain is an app that uses your internet connection for data collection purposes.

In 2008, the Honeygain team developed a cutting-edge product – a crowdsourced residential proxy network. This was to ensure that they create direct value for our end-users. 

As of today, Honeygain has over 250k users that have surveyed its performance, 30% monthly user base rate, and $26.58 billion average single payout in over 150 countries.

Is Honeygain free?

Honeygain is free to sign up and use.

How to download Honeygain mobile app?

To download Honeygain, go to the download page and click download.

Where Honeygain is available?

Honeygain is available everywhere. Meaning you can use it anywhere.

Is Honeygain a scam?

Honeygain is a legit app that pays you for sharing your internet.

Is your information safe with Honeygain?

Honeygain ensures that user data is kept secure. It does not store any provider data and only retains the information necessary to track and provide payments. This includes your email address and IP address. 

How to contact Honeygain customer service?

To contact Honeygain, go to their Help Desk page and click submit. Next, fill in the form and submit your request.

Your earnings depend on the traffic demand required for Honeygain business clients, as well as the number of users in your area. 

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