Do you know how much Honeygain pays for 1 GB? And what can you expect from using Honeygain? We have got you covered! Honeygain is a platform that allows users to earn money by sharing their internet connection. Not only will we explore the earnings, but we'll also discuss withdrawal methods and safety concerns
How Much Does Honeygain Pay for 1 GB?
Honeygain gives users 1 credit for every 10MB of data hared. Each credit amounts to $0.001. Therefore, you must share 10GB of data to earn $1 in credits. This means sharing 1 GB of data will earn you $0.03. Typically, a single device running the Honeygain app 24/7 can share an average of 2GB of traffic daily. In the most ideal scenarios, a single device can share up to 15GB of data daily, which could amount to $45 a month.
However, the actual earnings depend on your internet connection speed and the demand for local residential IPs in your area. To share data efficiently, you should have at least 10Mbps of extra bandwidth, and the maximum speed you can use is 100Mbps in a single DNS (Default Network Sharing) connection. Fiber optic or 5G connections with 50 to 1000Mbps should perform well in data sharing.
How to Withdraw Money from Honeygain?
Honeygain offers two ways to withdraw your earnings: PayPal and cryptocurrency via JumpTask.
PayPal Withdrawal
- Accumulate 20,000 credits (equivalent to $20).
- Request a payout through the Honeygain dashboard.
- Complete the process with Honeygain’s payment partner, Tipalti.
- Expect your payment within 2 business days.
Here's a step-by-step guide to withdrawing your earnings via PayPal:
- Click on the Request Payout button on your Honeygain dashboard.
- Select the PayPal option and click Continue.
- Click Request Payout again.
- Enter the 6-digit code sent to your email.
- Verify the code and confirm your request.
- Check your email within 48 hours for instructions to sign up with Tipalti.
- Create a Tipalti account and set up 2-factor authentication for added security.
- Enter your payment details and PayPal information.
JumpTask Withdrawal
- Link your JumpTask account to Honeygain.
- No minimum threshold required.
- Receive a 10% bonus on your earnings.
- Credits go directly to your JumpTask account.
To enable JumpTask payouts:
- Toggle on the JumpTask option at the top of your Honeygain dashboard.
- A pop-up message will introduce you to JumpTask. Click on Let’s Start.
- Create a JumpTask account or sign up using your Google account.
- Copy and paste your JumpTask ID into the Honeygain prompt.
- Link a crypto-wallet (e.g., MetaMask) to your JumpTask account.
With JumpTask, there is no need to wait for payout thresholds, and you can enjoy faster transactions and reduced payout fees.
Is Honeygain Safe?
Honeygain adopts strict KYC (Know-Your-Customer) standards to ensure only trusted partners use your shared internet. The app has passed antivirus checks by brands like McAfee, Windows Defender, and Avast. It uses bandwidth encryption to securely share your internet traffic with Honeygain’s network. Honeygain provides residential proxy IPs to trusted proxy vendors who lease them to businesses or researchers needing them. These residential IPs come from legitimate devices whose users consented to share their unused internet bandwidth.
Honeygain vs. BigCashWeb
If you're exploring ways to earn money online, you might wonder how Honeygain compares to other platforms like BigCashWeb. Here’s a comparison to help you decide which might be the better fit for your needs.
Honeygain
- Earnings: $0.03 per 1 GB shared
- Work Type: Passive income by sharing internet bandwidth
- Withdrawal Methods: PayPal and JumpTask
- Requirements: Stable internet connection, at least 10Mbps bandwidth
- Pros: Easy setup, passive income, no active involvement required
- Cons: Low earning potential, dependent on internet speed and demand
Big Cash Web
- Earnings: Varies by task upto $500 per month (microtasks, freelance work, gig economy jobs, play games)
- Work Type: Active participation required (e.g., completing tasks, providing services)
- Withdrawal Methods: Varies by task platform
- Requirements: Varies by task (e.g., skills for freelance work)
- Pros: Higher earning potential, diverse opportunities, flexible work options
- Cons: Requires active involvement, earnings vary based on task and effort
While Honeygain offers a passive way to earn money by sharing your internet connection, BigCashWeb provides various active earning opportunities that can potentially yield higher income. Depending on your preferences and availability, you can choose the platform that suits you best or even combine both to maximize your earnings.
Conclusion
Honeygain offers a straightforward way to earn a little extra by sharing your internet bandwidth. For every 1 GB shared, you earn $0.03. You can withdraw your earnings via PayPal or JumpTask. The platform is safe, with stringent KYC standards and robust security measures. Whether you choose Honeygain for passive income or explore other similar apps, it's a convenient way to make use of your unused internet bandwidth.
About The Author
Marco Serrano
Marco Serrano is an Entrepreneur and growth hack expert.. He went to Northbridge University and got a degree in IT. He is an expert on making money online and loves to educate readers about the same. Marco started earning in high school through offbeat tactics and loves continues to work online for a living.