Honeygain Review: Is it Legit? And Is It Worth Using?
Honeygain is the first platform that allows you to earn passive income by sharing your unused internet connection. While some users claim to have made thousands of dollars using the app, there are a few red flags to consider before downloading it.
Honeygain received the following reviews:
- 4.5 out of 5 Stars on Trustpilot
- 3.0 out of 5 Stars on Think Save Retire
How Honeygain Works
Honeygain allows you to earn passive income by sharing your unused internet bandwidth. While this sounds like a no-brainer to download, you should consider your comfortability with the data sharing that happens behind the scenes before signing up.
When you install the app on your mobile phone or computer, you provide Honeygain’s partners with information about your IP address. This exchange is known as a residential proxy—where an intermediary server, in this case Honeygain, connects a real IP address with a third-party. This allows the third-party to use the internet as if they were in the location of the IP address.
Honeygain’s partners use the residential proxy to complete tasks like verifying their ads are displaying correctly, making sure their apps and websites are functioning the same in different areas, and accessing geo-restricted content.
In exchange for providing Honeygain’s partners with this data, you earn a small kickback. At the time of writing, Honeygain users receive $0.20 per GB shared. This might sound high considering there’s no daily limit on the number of GBs you can share.
However, professional residential proxy companies charge anywhere from $1 to $15 per GB. Either Honeygain’s charging a low rate or Honeygain users aren’t getting much of a cut.
While other platforms, like paid survey and gaming sites, collect data, Honeygain’s approach is a bit more vague in our opinion. It’s important to consider how this level of data sharing makes you feel before sharing your IP with Honeygain. According to their Privacy Policy, the moment you create an account, they have legal rights to your data for five years after your last activity on the platform.
Honeygain does claim to take various security measures to ensure your privacy while using the platform. According to their Support Center, Honeygain’s app is inaccessible to outsiders and fully encrypted, keeping your private information unreachable.
Ways to Earn with Honeygain
If you decide to install Honeygain, there are a few ways to earn money.
Bandwidth Sharing
This is the primary earning opportunity Honeygain markets—the ability to earn money sharing your unused internet connection. You’ll earn $0.20 per GB shared. Just install the app on your phone or computer, then leave the app running in the background. As long as the app’s open, you’ll earn from bandwidth sharing.
Daily Lucky Pot
Honeygain offers a daily Lucky Pot, which is an opportunity to earn up to 100,000 credits—the equivalent of $100 in cashed out earnings. The one caveat is that you’ll only see this opportunity if you share 15 MB of traffic per day.
Achievements
Once you’ve installed the app, you’ll find several tasks you can complete to earn additional rewards. These are mostly games, similar to platforms like Kashkick.
Referrals
If you invite your friends to join Honeygain, you’ll receive a 20% lifetime bonus equal to their earnings. For example, if the individual you refer earned 100,000 Honeygain credits, you’d receive 20,000 credits.
Content Delivery
The final way to earn with Honeygain is called Content Delivery. According to Honeygain, it’s a bandwidth-intensive option with limited spots available. What is it exactly? We’re not sure.
While Honeygain shares that you can earn 144+ Honeygain credits every 24 hours with this option, they don’t do a great job of explaining what exactly this is. Based on our research, it seems like we aren’t the only ones confused by their offerings.
Source: Trustpilot
Our Honeygain Review: 3.0 Stars
Here’s the thing—Honeygain provides a free, simple way to get paid to share your unused internet connection. However, it does require you to share IP information, which isn’t for everyone.
What We Love
There’s a lot to love about Honeygain.
Different Way to Earn
While we’re big fans of earning apps like Kashkick and InboxDollars, they all offer similar things. Honeygain truly provides a unique way to earn that other platforms don’t.
Passive Income Stream
Earning with Honeygain is purely passive. As long as the application is open on a device, it’ll share the IP information necessary for you to earn income.
Fairly Low Cashout Threshold
To cashout on Honeygain, you’ll need to earn 20,000 credits, or the equivalent of $20. While this is high in comparison to platforms like Kashkick—which has a $10 minimum cashout threshold—it’s lower than some competitors.
What We Don’t Love
As with all platforms, there are a few downsides to be aware of.
Just Two Payment Options
Honeygain offers just two payment options: PayPal or crypto. We’d love to see additional options like ACH transfer and gift card.
It Won’t Make You Rich
As we sifted through reviews, we found that most users don’t make a ton using the platform. While there are a few outliers that make a decent amount, most are making less than $30 per year.
Source: Reddit
You’ll Have to Share Your IP
If you’re comfortable sharing your IP with unknown third parties, this might not be a con for you. However, we’d be remiss not to point it out as it could be of great concern to many users.
It Drains Your Phone Battery
Throughout all of our research, we found a common complaint: Honeygain drains your phone battery insanely fast. Most avid users said that because of this, it isn’t worth using on your phone at all. On a laptop or computer, however, it works fine and doesn’t drain the battery nearly as fast.
Final Verdict: Is Honeygain Even Worth it?
We have mixed feelings on Honeygain. While there are thousands of positive reviews, earning on Honeygain comes with a level of data sharing many might not be comfortable with.
Can you earn passive income on Honeygain? Absolutely. Can you earn more on other platforms? Probably. And given the sheer number of similar earning platforms, we’d recommend starting with some safer options before experimenting with Honeygain.
Frequently Asked Questions
Is Honeygain Legit or Fake?
Honeygain is a legitimate platform for earning passive income by sharing your unused internet connection. The app has received rave reviews on multiple platforms and recognition in major news outlets like Yahoo, Forbes, and Entrepreneur.
That said, there have been several concerns about data privacy. In fact, the Google Play Store removed Honeygain a few years ago. While Honeygain claims this was due to a misinterpretation of the app’s primary purpose, it does raise a red flag.
Is it Safe to Use Honeygain?
It depends on what you view as safe. Honeygain does share your IP with third parties, but they don’t spread your data with the masses. If you’re comfortable with that level of data sharing, it’s safe to use. If that makes you uncomfortable, we’d recommend other platforms.
Does Honeygain Actually Pay Out?
While we didn’t download the platform ourselves—we’re not down with the level of IP sharing here—we found hundreds of reviews claiming payment processed with no issues.
