We’re getting close to the end of 2021, and it has been one of the best years for Bitcoin. Ever since January, its price seemed to reach a new all-time-high every few weeks – just like the numbers of its enthusiasts and aficionados. And while a jaw-dropping value (currently just over $41,000) is a dream for some… Others actually see it as an inconvenience.
It’s now harder than ever for a newbie to enter the BTC world: they typically can’t afford to invest such sums – and into a somewhat risky industry, nonetheless. Starting to mine BTC yourself is not really an alternative: long gone are the days when a personal computer was enough, and power-sufficient devices don’t come cheap either.
One of the alternative ways to obtain BTC without emptying your cash pockets is finding an income source that offers BTC as a payment option. A great example of this is the Honeygain application, currently available on Windows, macOS, Linux, iOS, and Android: you can choose to cash out your earnings in PayPal or BTC for no additional cost.
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The Idea Behind Honeygain
As of September 2021, Honeygain is considered to be the world’s largest crowdsourced web intelligence network. Its main idea is simple: connected devices become gateways for Honeygain’s clients to use for verified business cases, and users are compensated for sharing their internet connection.
Using Honeygain’s web intelligence network, companies can collect massive amounts of publicly available information without hitting a wall of location-based restrictions or bot-banning policies. This allows them to deal with crucial tasks like ad verification, intellectual property fraud prevention, etc.
Passive Crypto Income With Minimal Effort
Honeygain’s regular earning rate is $1 for every 10GB of shared traffic. To maximize their income, users can connect multiple (up to 10) devices and use a few different networks (IPs) with a single account. Honeygain also offers a referral program that allows users to earn a lifetime bonus worth 10% of their referrals’ earnings.
At the end of 2020, Honeygain introduced BTC payouts as an alternative to PayPal transactions. Not only did this allow users from non-Paypal using countries to start generating passive income, but it also opened a new opportunity for cryptocurrency enthusiasts. They can now gather BTC without investing a ton of time or other resources, and use it to smooth their way into the crypto world.
Creating a new account on Honeygain takes seconds, as the only information you’re asked to provide is your email address. Once a user downloads and installs the free application on their device, connects it to the internet, and leaves the app running in the background, Honeygain can start using the network’s bandwidth and generating passive income.
Risk-Free BTC Earnings
It’s hardly surprising that cybersecurity is one of the hottest topics in today’s IT industry. With the ongoing pandemic forcing even the most tech-unsavvy to use the internet for their everyday needs (according to the US Department of Commerce, approx. 1 out of every 7 sales has been made online last year!), there’s more sensitive data online than there ever was – and leaks are no joke.
Understanding all the concerns of a typical user, Honeygain takes security and data privacy one step further. The amount of data the app requires is kept at the absolute minimum: you only need an email address to register and a BTC wallet address to receive your payouts. Honeygain never asks for permissions to access your device’s storage or any private data.
Easier Entry to the Crypto World
Earning BTC with Honeygain is a great option for those who want in on the crypto action but cannot afford to invest big sums of money into mining equipment or buying expensive coins in the exchanges. Having earned BTC effortlessly makes users more likely to go for higher-stakes investments and enjoy exploring the crypto world stress-free.
While the earnings are modest ($1 for 10GB), using Honeygain is neither time-consuming nor risky, so there’s absolutely no harm in trying – moreover, you probably already have everything you need to get started. And that’s not all – you can now get a $5 welcome bonus by entering the code FINTECHZOOM as you sign up!