Honeygain App vs. Paid Surveys
Updated: Dec 4, 2019
The internet has given people tons of new ways to make some money on the side. One popular method to make money online is by participating in paid surveys. Such surveys offer you a small amount — normally 1$-5$ — to complete an online questionnaire about some product or service.
However, there are more efficient ways to make some money using the internet. Such as the Honeygain app that lets you rent out your excess internet data to third-party companies for computing applications. Compared to taking online surveys, Honeygain is superior because it requires zero effort on your part. Let’s talk about the pros and cons of both paid online surveys and Honeygain as a way to make money online.
Why Do Companies Pay for Surveys?
It may sound weird, the thought of a company paying you for your opinion. The truth is, many companies rely on consumer feedback for all kinds of purposes from product modifications to ad placement. In fact, according to MDX Research, companies spend more than 6.7 billion USD on market research a year, a large portion of this comes from survey costs. These surveys help companies make money as they can tweak their products based on survey results and consumer opinion.
Typically, you can find a company, create a profile, and fill out any surveys they have. Most of the time, companies will alert you to any available surveys. After putting in your payment information, money is deposited directly into your account, or you earn rewards for the specific company.
Paid Survey Pros
Paid surveys are usually a good option for making some money on the side as anyone can do them, and all you need is an internet connection. If you are diligent, you can actually make a nice lump of extra dough every month from surveys. Furthermore, surveys may inform you of products or services you may not have previously known about. Although the rewards for each survey vary significantly from company to company, most surveys offer you an amount on the lower side of the scale; usually 1$-5$.
Paid Survey Cons
Paid surveys are not all they're cracked up to be, though. First and foremost, you can only make money when there are surveys to take. Typically, companies have a pretty steady stream of surveys, but there can be long periods where there is nothing for you to fill out. Second, although they are usually pretty easy to complete, surveys take up some time and effort, not to mention the time you must spend looking for surveys to take in the first place.
Wouldn’t it be nice if there was a money-making app that gets you cash for zero effort on your part? That is where Honeygain comes in.
What is Honeygain?
In a nutshell, Honeygain is an app that provides network infrastructure to third-party companies by using the internet data of app users. When you download the Honeygain app, a part of your internet data is partitioned off to be used by companies for computing applications. For each bit of data processed, app users earn credits that can be converted into USD.
In other words, Honeygain uses the internet connectivity of smartphones and other internet devices (PC or macOS) to create a decentralized cloud network that companies use for researching the world wide web. You get paid for each bit of data used, so in a sense, you are leasing out your excess internet data to companies for a small fee.
First of all, Honeygain is truly passive income. Once you download the app, just keep it on, and you will see the credits start to add up. Honeygain will not go over your mobile data limit, and you can set it only to be active on Wi-Fi networks if you want to save mobile data. Aside from what you already pay for internet and mobile data, Honeygain is 100% free to download and use.
Compared to online paid surveys, Honeygain is superior because you don’t have to do anything. As long as the app is turned on, part of your internet will be used, so you are continuously earning money. By using Honeygain, you can earn up to 30$-50$ a month and you do not have to do a single thing. Add more devices or take advantage of generous referral system in place, and you can easily triple or quadruple your earnings. Honeygain does not collect any personal information other than your email, IP address, and payment information.
Honegain is also more consistent than online surveys. Whereas you have to wait until surveys are available to take them, Honeygain can be on all the time, so you get a constant stream of revenue.
Honeygain does draw power from your battery, but keeping the app on all day should only deplete about 8%-10% of your total battery life.
Also, as of now, Honeygain only accepts PayPal as a payment option, but the Honeygain team is working hard to introduce new payment methods in the near future.
Paid Surveys vs. Honeygain: Which Is Superior?
Although paid surveys are a relatively easy way to make money, Honeygain is the superior money-making app as it is much more convenient and consistent than paid surveys. With Honeygain, you can be earning a constant stream of revenue that requires zero work on your part. You can just download the app, set your permissions, and start making money today. Honeygain is more convenient than paid surveys as it can be on alt all times, and is more secure than the majority of surveys as it does not collect any private consumer information.
So if you are looking for ways to make money online, the choice is clear, Honeygain is one of the most convenient sources of passive income and gives anyone the chance to make money online.