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How Much Money Is Made With Packetshare? Shocking Review

Earn Passive Income by Sharing Your Internet Bandwidth: A Review of Packetshare

What is Packetshare?

Packetshare is a platform that allows users to earn passive income by sharing their unused internet bandwidth. The company provides software that runs in the background on your computer or mobile device and shares your bandwidth when you are not actively using the internet.

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How Does Packetshare Work?

There are two main ways to earn money with Packetshare:

Install the Software

You can download and install the Packetshare software on a Windows computer or Android device. The software will run passively in the background, sharing your unused bandwidth without impacting your regular internet usage or speed. As your bandwidth is shared, you'll earn points which can be redeemed for cash payments.

Referral Program

You can also earn by referring friends and family to Packetshare. When someone signs up using your referral code and installs the software, you'll receive a 10% commission on all the points they earn. This provides a passive income stream from referrals.

How Do You Get Paid?

The points you accumulate from sharing bandwidth and referrals can be redeemed for cash payments when you reach the minimum payout threshold. Unfortunately, Packetshare does not provide clear details on the exact payout structure or options. The lack of transparency is a drawback compared to competitors.

What is the Earning Potential?

Packetshare states that users can earn up to $2,000 per month. However, this earning potential seems unrealistic based on reviews of actual user experiences. For passive income apps, earnings in the range of pocket change or beer money are more typical.

Can You Use Packetshare on Mobile?

Yes, Packetshare does offer a mobile app for Android devices. This allows you to earn passively from your phone's internet connection when you are not actively using it. However, the software is not available for iOS devices currently.

Who Can Join Packetshare?

Packetshare is available worldwide. However, earnings potential seems highest for users in major markets like the U.S., Canada, U.K. and other European countries. Users in smaller markets may not have as many opportunities to share bandwidth and earn.

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Packetshare Support

The company provides some basic FAQ and support options like email, Discord, Telegram etc. However, the information given is quite limited. Key details about payments, conversion rates and more are lacking.

Pros of Packetshare:

  • Provides passive income opportunity
  • Software runs in background with no effort
  • Referral program allows earning from sharing
  • Available worldwide

Cons of Packetshare:

  • Lack of transparency around payments
  • Unrealistic earning claims of up to $2,000 per month
  • Not available for iOS or Mac devices currently
  • Lower earnings potential in smaller markets

Conclusion

Overall, Packetshare provides a legitimate opportunity to earn passive income by sharing your unused internet bandwidth. However, the lack of payment transparency, exaggerated earning claims and limited device support are definite drawbacks.

While Packetshare is not an outright scam, users should approach it with realistic expectations. You may earn some pocket change but likely not a full-time income. Competitors like Honeygain offer similar bandwidth sharing services with greater transparency and rewards.

If you're looking for ways to earn passive income on the side, Packetshare could be an option. But go in with your eyes open to the potential downsides and limitations. As with any money-making app, there is no guarantee of earnings and results will vary based on many factors.

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