7 Passive Income Apps for Earning Money Without Investment
#1 Honeygain
One of my favorite passive income apps is Honeygain. It's an easy, set-it-and-forget-it way to earn passive income that runs in the background on virtually any mobile or desktop device.
The app works by securely sharing your excess internet bandwidth to transmit publicly-available web data, which is used by businesses to improve their ad ranking, compare prices, and prevent ad fraud. This process doesn't compromise your data security and allows you to monetize your unused internet traffic by turning your device into a network gateway (residential proxy).
You'll earn 1 Honeygain credit for every 10MB of internet traffic that goes through your network, and 10GB of data earns you $1 worth of credits. Once you've earned $20, you'll be able to cash out through PayPal or BTC. In January 2022, Honeygain partnered with JumpTask, a remote work platform, to offer the option of earning Jump Tokens (JMPT) as well.
These tokens offer several benefits, including a 10% bonus on earnings, a lower payout threshold, and the potential for the token to increase in price, leading to future earnings. You can also participate in a daily lucky pot lottery with Honeygain, which gives you a chance to win up to 10,000 extra credits ($10) every day by simply checking the app on your device.
Honeygain has a strong privacy policy that follows the latest international privacy regulations, such as GDPR and CCPA.
#2 Peer2Profit
Peer2Profit is an app that allows you to earn money by sharing your internet connection's excess bandwidth. You can earn revenue by directing your internet traffic to advertisers, IT agencies, marketing and analytical companies who use the bandwidth for legal purposes, like clean and secure advertising.
#3 IPRoyal Pawns
IPRoyal Pawns allows you to monetize your internet connection by sharing your unused bandwidth with third parties for various purposes. You'll earn $0.20 for every 1GB of data shared, with the potential to earn up to $132 per month in ideal conditions. Payouts can be redeemed through BTC, PayPal, or virtual gift cards, and there is a minimum payout threshold of $5.
#4 EarnApp
EarnApp is another platform that lets you earn passive income from your idle devices by monetizing your unused internet bandwidth. You have the potential to earn up to $135 per month, though actual earnings can vary based on factors like your location, internet performance, and device performance. Payouts can be requested in the form of PayPal or Amazon Gift Cards. EarnApp's code is audited every three months by external auditors and tested daily on multiple anti-virus platforms to ensure there are no false-positive detections. The app is also compliant with multiple security companies' requirements.
#5 Nodle Cash
Nodle is a decentralized network that consists of millions of smartphones that act as nodes and earn rewards in the form of NODL tokens. To earn NODL, you can download the Nodle Cash app on your smartphone and connect to the network using Bluetooth Low Energy (BLE). Once connected, you'll receive NODL tokens, Nodle's native cryptocurrency. You can start earning rewards just by using your smartphone. NODL is currently priced at $0.006 per coin and can be traded on Huobi.
#6 Mysterium
The Mysterium Network is a peer-to-peer bandwidth marketplace that powers a Network-as-a-service solution. By running a node on your smart device and connecting to the network, you can earn MYST (Mysterium) tokens by providing users and clients with VPN or proxy services, access to the open internet, and a secure line of communication.
#7 Sweatcoin: Move-To-Earn
Sweatcoin is a fitness app that rewards users for their daily steps by providing a new-generation currency that can be spent on products, donated to charity, or converted into SWEAT tokens. It's important to note that Sweatcoins, which are earned through the app, can be used to redeem a variety of goods and services on the marketplace, such as shoes, electronics, fitness classes, and more. The SWEAT token, on the other hand, is a cryptocurrency that can be minted through activity on the Sweatcoin app. The first 5,000 steps of the day will be converted to the SWEAT token, while the rest are converted to Sweatcoins. Holding SWEAT tokens offers several benefits, including staking, NFT utility, and access to enhanced features in the Sweat Wallet app. SWEAT tokens are tradeable on major exchanges including FTX, Kucoin, OKX, Bitfinex, Bybit, and Nexo.