Honeygain App claims that you can be earning passive income while surfing the web.
But is Honeygain App legit?
You might be wondering when this intriguing statement is made, if it is any real. Because lately not everything that looks awesome is as well in reality.
Therefore I decided to put light in Hooneygain App.
In my review I will reveal, how does it work, if you can earn money with it and very importantly, if it is safe!
Shall we start?
Founder: Kaiden Holmes (CEO)
Earning Potential: 5/10
Price:free to join, $5 bonus when sign in
Overall Rating: 5/10
What is Honeygain App?
A crowd sourced residential proxy network.
If you don’t know what proxy is, see the video below. It provides a decent explanation.
In a nutshell, the app helps big companies collect and measure internet search data to improve their services. The tool therefore is, to see what common people do share online.
How You can earn money with Honeygain App?
There are two main ways, how to earn money with app.
1) Downloading the app and let it run in the background of your device
This is very straight forward one, where you just need to download the app and turn it on while using your device. You can download the Honeygain app on several devices to increase your incomes.
Several sources provided information on the earnings being $3/1GB.
2) Referral program
Second way on how to earn money with the app, is through their referral program. Basically when you invite someone and the person will join the program (download the app) you and the person will profit from it.
Every new person will get the $5 sign up bonus, plus your referrals will earn you 10% of their revenue.
Inside of Honeygain App
Firstly, you need to download the app. Once that done, you’d need to fill just your email address, or Facebook if you prefer and sign in.
Previously the app was downloadable just on Android and Linux, lately you can download it on iOS as well.
One of the privacy rule here at Honeygain app is that they don’t require your name details. Just the necessary email login details.
Further on, there are no additional settings required.
When you turn on your device, open the app and go to dashboard you’ll see the overview of your earnings. Transaction history and referrals. On the left side.
On the right side, you will see the way how you earned your money or credits with Honeygain app.
Additionally, you might be wondering how your data are going to be used in order to improve the internet.
I have to say that Honeygain app claims they are transparent with how your data will be used, I think they don’t go too much in the details here.
What we can see from their homepage, are several fields you can expect your searches go to.
What do I like about Honeygain app?
After downloading and setting the app, you can earn money without any action you wouldn’t be doing already while browsing the web.
That makes this completely passive income.
Additionally, you can earn money by inviting others to use the app.
When someone accepts your invitation, and will be actively using the app, you will earn 10% from his/her revenue.
So, these two PROS are making the app interesting for you in case you are searching for passive and residual income.
What I don’t like about the app?
Issues on Apple devices
Previously, some people were mentioning troubles when trying to install the app on Apple devices.
Personally, I’ve experienced it too. In the end, I did manage to download the app. So, it could have been buck, that’s already solved, just wanted to let you know to be aware it can be still issue.
Need to be using Honeygain app daily
In order to make money with the app, you need to turn the device where the app is on, at least once a day.
Also if you are inactive for more than 6 months, your account and eventually your rewards will be removed. Additionally, to it, when you want to leverage on your earnings by using several devices, it won’t work.
Because of the previous line (unless you will be using the other device daily too)
I know that the owners, spent quite a space on their website explaining how safe is the app.
They introduced even several protections and privacy security, like for instance Data protection officer (DPO), which is external company assuring that business collecting your data are legitimate.
Additionally, they comply with the newest privacy regulations like GDPR and CCPA. So why I call it as a CON?
Because, when Honeygain app and the particular big business collect your data they’ll see what you were busy with online. Plus they have your IP address and your email.
From there, it is just small steps away to find out more private info like your name, bank you use…and we all know what can happen with that sort of information, right?
Contrary with what is said on their website, I think the rewards you can earn are low.
In the reality you can expect some $20/year.
Of course, it is better like nothing and you won’t fins this money on the street, unless you are lucky 😉
Still, I am question if these rewards are worth, risking the privacy issues I wrote about previously.
Is Honeygain app legit?
Because people are earning real money with the app, the app is LEGIT.
However, there are some warning signs that might prevent you from joining. If you are person who is taking care his/her (online) privacy seriously then you might want to look further.
As well, if you are searching for options on how to earn bigger money and not just $20/year, you would’t be satisfied after downloading the app.
On the other side, if you don’t mind privacy issues, or you completely trust the protection Honeygain app provided, and the earnings are worth of your time, go ahead.
Because as written the app is legit, so you will really get paid, what you earned.
It is still not so much time consuming and, you don’t have to be bothered too much with it.
If you are searching for app that can earn you $500-$1000, you should check this review.
Also, if you want be earning even higher, regular and residual income, I would suggest yo, to start an online business.
In fact, there is a training I took a part in some 2 years ago, and it was the best decision I ever made.
How Do I Earn My Money Online?
You see I do earn money online. Because I believe in power of residual and passive income I chose the Affiliate Marketing.
There are two ways of earning money with affiliate marketing. Below is short description. You can decide whichever is fitting you better.
1. Paid one- Investment coming from your own pocket. Often times is short living and oftentimes you don’t earn what you initially invested. So you are in search for new shiny objects on and on. The only one who earns in that case is the owner of the course/program.
2. Free on- No(or very low) investment. Need of building your website and audience. Even, it can be time consuming at the beginning. Sustainable profit on long term.
If you are clever enough, you’d choose the second option.
You’d need to invest time and effort in it.
But once it start rolling, oh man. Here some real success stories:
- 6.2k in passive income from 21 Year Old College Dropout
- Single Mum, Earned over 100k in 4 Years Passive Income
- What about this guy? $1 million over 10 years in passive income
You can create too PASSIVE INCOME FOR YEARS.
The best thing, you can start with low budget and scale it to…here is really true, that the SKY IS THE LIMIT.
On the other side, the first option is often times representing the get-rich-quick schemes. Get rich within 24 hours, earnings with one-click and similar, are usually headlines of such businesses.
Without a doubt, not only those businesses have not a longevity, going to annoy other people, but can cost you couple of thousands $$$ in better case.
Anyway, I don’t want to brag too much on the way I do earn money with affiliate marketing, so thought will let you do it by yourself.