Can You Really Make Money With Honeygain?

Can you make money with Honeygain? Is it legit or a scam? Does it really work? You may already know that it’s a way to earn extra money while using the internet. But if you’ve been looking for a Honeygain review mainly to find out the security aspects and pay rates, here’s what I’ve discovered so far. 

We never usually exceed our home wifi’s bandwidth, do we? Many internet companies offer unlimited data access so that the connection is not disrupted while streaming. So if there was an opportunity to get paid just for passing on some of your unused data to a trusted company, would you take it? I think you might as well, and Honeygain is that’s what it’s about. 

You know, there is no shortcut to making money online, and if there is one, the earnings will be so low that it won't be worth your time. A decent passive income can only be created with a fair amount of effort and preparation in advance. That’s the rule. However, if you must do absolutely nothing, and you know that it won’t do any harm, shouldn't you give it a go?

What Is Honeygain?

Honeygain uses a portion of your internet bandwidth and distributes it to its clients. Assuming it acts as an intermediary for that service, Honeygain charges the clients and in turn, pays you a percentage of the revenue as a usage fee.  

If you have an ordinary broadband connection, you’re eligible to get paid for sharing your unused transmission data. All you do is install its app, and the app will do all the jobs in the background. 

Honeygain works on Windows, macOS, and Android. It also works on iOS (iPhone) but only in the foreground and the app cannot run as a background service.

If your home broadband is faster than 1Mb (almost all the home broadband connections should be), you should be able to use it. Your internet speed can be checked from here. 

Why Do They Need Our Internet Data?

There are some circumstances where companies need to access data across the world but they are prevented from doing so.

Here’s an example. Digital service sites are often geotargeted according to customers' locations. I access a US-based site and see the prices displayed in Pound Sterling, that’s because I live in the UK and the site detects my IP address location automatically. Someone who lives in Ukraine accesses the same site, they see the prices in Ukrainian Hryvnia.

Now, how can this service site owner make sure that the prices are displayed in the correct currency in every available country of the world? They cannot afford to have enormous bandwidth to access multiple servers. So they need to rely on a bandwidth distribution intermediary like Honeygain to make this job possible.

Another example is to bypass geo-blocking. Certain countries are blocked from accessing certain websites. But companies need full access for various purposes - research, security checks, copyright protection checks, etc. We’re not talking about “hundreds” of sites, but these companies need to crawl the entire web, so again, Honeygain helps them to do so without restriction from any parts of the world.

Can Honeygain Steal My Data?

No, Honeygain encrypts all connections, so neither Honeygain nor any of its client sites can access your personal data. So it is safe to use. I mean, Honeygain is proven to take the security issue very seriously as it’s been in the business since 2018. It wouldn’t have lasted so long if it wasn’t safe.

Is My Connection Eligible?

Did you know there were 12 usage types of IP addresses? (I didn’t, obviously.) Honeygain will work if your connection is one of the following 10 types. If you’re on ordinary home broadband, your type is likely to be the top one - Fixed Line ISP. This site will allow you to check it.

You wouldn’t mess around with your connection if you were on the “Military” address though. Anyway, Honeygain doesn’t support the following two IP usage types.

How Do I Earn Money with Honeygain?

The Honeygain app will automatically transfer data, so all you have to do is to keep it running in the background. With your smartphone, you can set the limit of traffic you want to share, so it won’t exceed the monthly usage set by your phone network. Whereas the desktop app has no data transfer limit. So you might want to monitor the size of transfers from time to time if your broadband contract has limited bandwidth. Your Honeygain dashboard can you exactly how much of it has been taken so far.

For every 10Mb of the bandwidth that you share, you’ll get 3 credits, and 1,000 Honeygain credits are equivalent to $1. This means that you’ll earn $1 for sharing 3.33Gb worth of traffic. (1000/3 x 10Mb = 3333.33Mb = 3.33Gb)

The minimum payout threshold is $20. Once your account balance has reached the threshold, you’ll be able to request to withdraw your earnings by PayPal, Bitcoin, or JMPT (JumpToken, cryptocurrency owned by JumpTask.)

How Fast Can I Earn?

How much you can earn and how soon you can reach your payment threshold of $20 depends on a number of factors, such as;

• The number of devices you use (one Honeygain account can use up to 10 devices.)
• The demand for traffic in your country.
• Your internet speed.
• The length of your devices connected to wifi/mobile network each day.
• Whether you take up other options or not, i.e. Content Delivery, JumpTask, LuckyPot, and the referral program.

Content Delivery

The Content Delivery feature allows you to earn extra 6 credits per hour, by sharing “bandwidth-intensive” content such as large images, audio/videos, VoIP, IPTV (internet protocol television). Stable network connectivity is required in order to transfer bandwidth-intensive content, so the feature is only available on desktop (Windows and macOS). And your IP usage type must be either;

Again, all you do is flick the switch on the app to enable Content Delivery. You won’t have to do anything else, and the feature will stay on until you disable it otherwise. So you might as well have it on to earn extra 6 credits per hour.

The “Lucky Pot” Game

“Lucky Pot” will pop up on either of your device screens if you generated a considerable amount of shared traffic during the previous day. Honeygain doesn’t explain exactly what is a “considerable” amount, but if you have your apps running for several hours, you’ll see the notification the next day. All you do is click it, and you’ll win from 20 - 10,000 credits. (worth $0.02 - $10) I’ve never earned much so far, and I don’t know how often a big prize as much as $10 worth is distributed. But in any case, if you run the app every day, you'll get a chance to win every time, so I guess it's not too bad.

JumpTask (2022 Update)

Honeygain now works in partnerships with JumpTask. So what is JumpTask?

It’s a “marketplace that allows businesses to make use of a collective workforce in order to solve microtasks that would otherwise require them to hire huge numbers........” 

Ok, a bunch of pseudo-intellectual words again. Why they are so unable to explain their business using simple words, I don’t know.

JumpTask is another GPT (get-paid-to) site. It allows you to earn small rewards for answering surveys, testing apps and watching ads. But instead of paying you in USD, it pays you in its own cryptocurrency, JumpToken (JMPT).

Honeygain users now have an option to get paid in JMPT. At the flick of a switch, your account will be in the “JumpTask Mode” and start collecting your Honeygain earnings in JMPT. If you change your mind and want your earnings in Honeygain credit again, you can always switch it back. 

There’s an advantage to this option, and also a disadvantage. The advantage is that for a “limited time” (we’re not told for how long), you’ll get a 50% bonus. While the disadvantage is, your earnings are not inter-transferrable between Honeygain credits and JumpTask. So whatever you’ve earned in Honeygain credits already cannot be converted to JumpToken or vice versa.

Also to add - I’m not sure if you can call this an advantage but - obviously there’s no $20 payout threshold with the JumpTask mode. Whatever you earn will be added in JumpToken, which is a cryptocurrency itself, so you’ll own it. If you ever want to use it elsewhere, you can do so instantly via your cryptocurrency wallet. 

Refer Others For Extra Credits

Every Honeypot user is provided with a unique referral link. So you can share that with your friends and social followers, and 10% of whatever your referrals earn will be credited to your account daily.

Content and Transparency

I am not sure if you view this as irrelevant or as a warning sign. As long as you can make some pocket money every month, it may not be an issue for you. 

First of all, no owner’s information is disclosed anywhere. The “About Us” page, for example, should really say something about “them” - who they are, where they’re based, how many people are behind it (or just one person). But instead, the page is full of bombastic expressions that don’t tell you anything, such as;

• “Onboarding real people from all around the world”
• “Working with seasoned providers who could provide us with exclusive insights”
• “Making a long-term commitment to positively impact the industry”

None of this makes any practical sense, does it???

Honeygain’s blog section is also confusing - the majority of the blog articles are about ways to save money. But they are pretty random, including ideas for Halloween costumes, dating tips, etc. that are totally unrelated to Honeygain. The blog authors’ names aren’t disclosed - they’re all written by “Honeygain” - I think the fact that the blog section is so generic and impersonal makes it look even more out of place.

Help and Support 

The user guide and troubleshooting are covered in the help section via the Zendesk support service. The user guide seems comprehensive overall, though I see some impractical phrases (such as "utilize a global workforce" and all) here & there.

The social accounts (Facebook page, Twitter, and Instagram) seem pretty much active, updates are posted regularly, if not daily. 

For any extra support, users can send a message via the help desk and someone is supposed to respond within 1-2 business days. I’ve asked some technical questions a couple of times as I had problems loading the app on my Mac. Neither time did I receive a response, unfortunately.