Honeygain Review 2023: How I Earned a Free $900 Effortlessly!

Earning is an art; there is a great variety of side hustles that can be undertaken to supplement your primary source of income, the only limit to which is your imagination! Nonetheless, most of these require a significant amount of capital or effort to begin with — defying the very concept of passive income in which the stream of money should essentially be acquired passively! Making money in 2023 has never been easier, thanks to the innovation of technology. One such platform is Honeygain — an application that monetizes the surplus bandwidths of your internet connection to generate an effortless stream of passive income, 24/7!

Introduction to Honeygain

With a solid 4.5 star rating on Trustpilot, Honeygain is one of my favourite passive income applications that essentially converts your unused internet bandwidth into cash by turning your device into a residential proxy. Once installed, simply let Honeygain run in the background of your devices (desktop/ laptop/ mobile devices) and start earning passive income from your surplus internet bandwidth!

Earnings: For every 10MB of internet traffic that goes through your network, you are paid 1 Honeygain credit. Hence, 10GB of data earns you 1000 Honeygain credits worth $1.

Potential monthly earnings in the most ideal of conditions.

Supported Platforms: Windows, macOS, iOS, Android, Linux

Payout Options: PayPal or cryptocurrencies like Bitcoin and JMPT token (which gives a 20% additional bonus in earnings!)

Security: Your data and privacy remain secure, in compliance with international privacy regulations like GDPR and CCPA.

Pros

• Relatively higher earning rates compared to other similar internet monetization applications.
• Not resource-intensive (with fully customizable battery-friendly options).
• A wide variety of payout options ranging from PayPal to cryptocurrencies like Bitcoin and JMPT (which gives a 20% bonus in earnings).
• Robust customer support, with a lively community on various social media platforms.
• Bonus earnings from the daily Lucky Pot (try your luck!) and Achievements page (rewards unlocked upon reaching certain milestones).
• Connect up to 10 devices to maximize your earnings.
• Security: Honeygain ensures that your internet traffic is only used by its trusted partners for the intended purpose; and never accesses your device’s storage.

Cons

• Not more than 1 device can be operating on a single IP address — in order to maximize the number of devices connected, each must be on a separate internet connection.
• The use of VPN is not allowed.
• Earnings may vary depending on location.
• Content delivery does not always work.

My Experience So Far

Thus far, I have earned 928,790 Honeygain credits, which translates into a solid sum of $928 in earnings from this free app alone in the past 1 year, which is not at all a bad figure considering the nil capital/ effort required! I have used these earnings for investments into other DeFi projects and also for accumulating mainstream cryptocurrencies like BNB in preparation for the next bull run — my bag of which has recently hit a new milestone of 2 BNB!

There are many ways to utilize your paycheck — you can request a payout to your PayPal address, or in the form of cryptocurrencies like Bitcoin or JMPT, from which you can cash out to fiat via a series of steps. I personally keep my earnings in the form of cryptocurrencies on my Trust Wallet for future use. To learn more about how to utilize your Honeygain earnings, feel free to check out my previous article here!

Get A Free $5 Bonus

To kickstart your journey of effortless passive income with Honeygain, here is a free $5 bonus when you sign up for an account, if you have not already done so!

That’s not all!

In addition to Honeygain, there are a handful of other applications that allow you to monetize your idle internet bandwidth into cash without needing any capital, such as:

1. Peer2Profit
2. IPRoyal Pawns
3. EarnApp
4. TraffMonetizer
5. PacketStream

In fact, just a few months ago, I have hit a $1000 milestone in earnings from internet monetization alone

My Strategy

I install all the above applications onto the same device which run on the same internet connection — thus maximizing utilization of resources. (No extra electricity spent as these applications are low in computing requirements, unlike mining software)

Sit back and relax while these applications earn effortlessly in the background, while keeping your data and privacy safe! Patience is key as the earnings gather rather slowly but steadily.

Once the earnings reach an acceptable threshold, I cash them out in various forms — such as cryptocurrencies from Honeygain, and PayPal credits from Peer2Profit. I then compound these earnings into other forms of investments.

Final Thoughts

Internet monetization is perhaps an underrated niche in the field of side hustles, as it is an effortless and free avenue that pays off in the long run! While it may not generate a life-changing amount of revenue, it does add up to the little pleasures in life! Embark on your journey of passive income today with Honeygain, if you have not yet done so already!