Are you struggling with finances and wishing to make more money? If you have an active subscription with an ISP, you can earn money by sharing your internet, making this venture one of your reliable sources of income. If your internet subscription offers unlimited access, and you feel you aren’t fully tapping into its usefulness, this is your chance to make some extra cash with that unused bandwidth.
Also known as internet reselling or subletting, sharing your internet may not be a full-time income earner because it only generates a small amount of money. Nevertheless, if used wisely, it could be a good side hustle to supplement earnings from your regular day job.
How Does Internet Sharing Work?
To earn that extra buck subletting your internet, you need to download the app offering these services, create an account, and let it run in the background of your phone, computer, or other compatible smart devices. Where do you find internet reselling apps, you ask? A quick visit to your preferred search engine will yield results in an instant.
On sign-up, most internet resellers will ask for your email address and to accept their terms of use and privacy policy. While most people proceed to accept these without necessarily going through them, it would be in your best interest to read and understand both before deciding to join any potential platform.
The factors influencing how much money you earn include location, internet speed, and the number of IP addresses you use. You may also need to confirm whether your internet service provider allows bandwidth sharing.
You’ll find that most reputable resellers offer a variety of popular e-wallets, such as PayPal, for withdrawal once you reach your cash-out threshold. If you’re into cryptocurrency, there’s also something for you since several resellers pay out in coins such as WebMoney, Bitcoin, Litecoin, Ethereum, and more.
How About Your Privacy?
Sharing your internet can be potentially unsafe since you allow another individual to use it on whatever they please. Admittedly, some content and websites may be illegal in a particular country or region, and you could never know who is scrolling through them using your IP address.
If we’re being honest, there are as many fraudulent internet reselling platforms as there are legitimate ones. As cybercriminals continue to develop more ingenious ways to scam members of the online community, millions across the world continue falling victim to them. Lucky for you, we’ve got all the right tidbits of information on what to look out for to determine a site’s legitimacy. Continue reading to find out more.
Absent Terms of Use and Privacy Policy
In layman’s language, a privacy policy is simply a document that discloses how the platform you are about to sign up on uses and manages your data. Reputable resellers make this document readily available to the public and encourage anyone willing to join the site to read through it.
They also provide contact details in case one has questions or needs clarification. It goes without saying that if the platform that piques your interest has no privacy policy, it is more likely than not an illegitimate site.
If terms of use are available but overly vague or ambiguous, that’s also another red flag. In such cases, you’ll also find that contact details, if provided, are invalid, or you never get a response to any of your inquiries through them. Why, then, should you click the sign-up button on such a website?
Invalid SSL Certificate
An SSL certificate confirms a website’s authenticity and encrypts data shared between you and the server. By so doing, it ensures that neither the platform’s admin nor malicious individuals can access or make changes to the data you input.
As you probably already know, internet reselling platforms will ask for some personal information on sign-up. As such, you must ensure you’re sharing your details with a reputable site and that this information will not fall into the wrong hands.
As soon as you visit a website with an invalid SSL certificate, your browser should bring this to your attention by displaying “Not Secure” on the left side of your address bar. As we asked earlier, why would you continue signing up on a website that does not encrypt your data?
Take Away
If you want to earn money by sharing your internet, you have to know that it’s possible, but there are some caveats with the process. As mentioned above, you should think critically about the positives and negatives of selling your internet before jumping on this bandwagon. If you do get on board, you should be conscious that you’ll be sharing your IP address and have no control over what the person paying for it does with it.
But the best part? Once you’ve established their legitimacy, you can look forward to simultaneously using multiple apps to maximize the amount of money you get from sharing your unused internet.
