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In this era of remote work and the gig economy, generating passive income is a novel human desire.
There are a lot of people who slowly started investing in something that enabled to monetize its unused internet bandwidth through these applications. You might have already been introduced to this if you know what Honeygain is and how it works. But did you also know that there are many other apps like Honeygain for internet sharing that provide similar or even more lucrative rewards?
Well, you are in the right place this comprehensive guide will help to compare seven popular apps that let you use your idle bandwidth for money.
So Why Would You Want to use Internet Sharing apps such as Honeygain?
However, before we get into the comparisons between both apps let me justify why these app exist. In essence these platforms enable companies to leverage your internet connection for content delivery, SEO research or market analysis. And in return you earn based on how much of your data you decide to share. These earnings won’t make you rich, but they are a small way to get started making and trying out some passive income with little effort.
1. Honeygain
One of them, if not the most popular app in this niche is Honeygain. It permits to share your internet bandwidth with businesses and in turn get paid for it. Honeygain — A passive income app that is very easy to use so great for beginners. Here’s how it stacks up:
- Toll: $0.10 GB for data shared
- Payment Method: PayPal, Bitcoin
- Minimum Payout: $20
- Compatible Devices: Windows, Mac, Android and iOS
- Paid Referral Program – 10% from the referral transactions.
- Pros: Quick installation, comprehensive security provisions
- Cons: High minimum payout
Honeygain is great for anyone who would like to earn with almost no work. But a downside of this App is that it has really high payout threshold for Paypal payouts.
2. PacketStream
Another well-known option, PacketStream gives you the ability to monetize your unused bandwidth by routing it through their network. HoneygainIt is just like Honeygain and hence the potential of earnings are also similar.
- Earnings: $0.10 per GB
- Payout Methods: PayPal
- Minimum Payout: $5
- Platforms: For Windows, MacOSCompatible with
- Referral Earnings: 20% of referrals
- Pros: minimum payout threshold, referral
- Cons: Exclusive to Windows and macOS
PacketStream If you are in search of a lower payment threshold platform with a slightly better rate than Honeygain.
3. Repocket
Here is another excellent platform that operates just the same as Honeygain, called Repocket. Its a close second for those eyeing total profits; seating just above them in the price-per-GB seat.
- Earnings: $0.20 per GB
- Payout Methods: PayPal
- Minimum Payout: $5
- Compatible Devices: Windows, MacOS, Android
- Referral Program: 10% of what your referrals make
- Pros: More bytes you are paid for; easier to use
- Cons: Availability slightly less than aligning competitors
It has a higher payout per GB, which is different from its competitors like HoneyGain or Databack and for that reason, it falls as one of the best apps to share your internet connection.
4. IPRoyal Pawns
With a variety of payment methods and a low payout threshold, IPRoyal Pawns is another app that can be used to share your bandwidth.
- Earnings: $0.20 per GB
- Payout Methods: PayPal, Bitcoin
- Minimum Payout: $1
- Supported Devices: Windows, macOS, Android, Linux
- Referral Program: 10% of referral earnings
- Pros: Low payout threshold, Linux support
- Cons: Earnings can vary based on location
If you’re someone who wants to cash out early, IPRoyal Pawns is a fantastic choice among internet sharing apps like Honeygain.
5. Peer2Profit
Peer2Profit offers one of the highest earnings per GB and a very generous referral program. However, its platform can be slightly less user-friendly than others.
- Earnings: $0.80 per GB
- Payout Methods: PayPal, Bitcoin, WebMoney
- Minimum Payout: $2
- Supported Devices: Windows, macOS, Android
- Referral Program: 50% of referral earnings
- Pros: High earnings per GB, great referral program
- Cons: Complex setup
For those looking to maximize earnings and don’t mind a bit of extra setup, Peer2Profit is an excellent alternative to Honeygain.
6. EarnApp
EarnApp offers competitive earnings with support for multiple platforms and payout methods. It’s user-friendly and has a low payout threshold.
- Earnings: Varies (typically around $0.10 per GB)
- Payout Methods: PayPal, Amazon Gift Cards
- Minimum Payout: $5
- Supported Devices: Windows, macOS, Android, Linux
- Referral Program: 10% of referral earnings
- Pros: Wide device support, low payout threshold
- Cons: Inconsistent earnings per GB
EarnApp is a solid choice if you want flexibility with payout methods and device support.
How to Choose the Right App for You?
When choosing the best internet passive income apps like Honeygain, consider the following factors:
- Payout Rate: If maximizing your earnings is your goal, consider apps like Peer2Profit or Repocket, which offer higher payouts.
- Minimum Payout Threshold: If you want to cash out more frequently, platforms like IPRoyal Pawns with a $1 minimum payout might be best.
- Supported Devices: If you’re a Linux user, you might prefer apps like IPRoyal Pawns or EarnApp, which offer Linux compatibility.
Comparison Table
Outbound Links Suggestions:
- Honeygain’s official website: https://www.honeygain.com
- PacketStream’s official website: https://www.packetstream.io
- IPRoyal Pawns website: https://iproyal.com/pawns
- Peer2Profit’s website: https://peer2profit.com
- EarnApp official site: https://earnapp.com
- Repocket official website: https://repocket.co
- Guide to earning passive income: https://www.nerdwallet.com/best-passive-income
- Online earnings forums discussion: https://www.reddit.com/r/beermoney