Engaging in physical activity such as walking or running outdoors may be difficult. The frequency of exercising is influenced by various factors such as fatigue, lack of motivation, weather conditions, and other similar factors. Sometimes all these factors prevent us from exercising.
But what if I say there is an app incentivizing users for physical activities. The Sweatcoin application claims to offer certain features and benefits, but evaluating whether it fulfills its promises is necessary. Sweatcoin is a mobile application that rewards users with virtual currency for walking or running outdoors. The app utilizes the user’s smartphone to track their steps and convert them into Sweatcoins, which can be redeemed for various rewards. To learn more about this, let us discuss how Sweatcoin works and whether you can make money from it.
What is a Sweatcoin App?
The Sweatcoin app is a mobile application that allows users to earn virtual currency, called Sweatcoins (SWEAT), by walking or running outdoors. It is a popular fitness application that enables its users to receive compensation in the form of Sweatcoin for engaging in various physical activities such as walking, cycling, and other similar exercises. Upon walking a distance of one thousand steps, the user will be rewarded with 1 Sweatcoin. The coins are exchangeable for various benefits such as discounts, complimentary items, monetary value, electronic devices, equipment, music, fitness sessions, and other incentives. Sweatcoin, introduced in the UK in 2014 as a rewards program, has reported tracking over 5 billion steps.
The deals offered encompass a diverse range of products and services, from digital subscriptions and gift cards to complimentary food items, electronics, apparel, and app and music downloads.
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How Sweatcoin Works
As stated earlier, Sweatcoin is a no-cost application available for download on the Android and iOS app stores. The following steps are required to earn money after installing the application.
After installing the app, register yourself using a form. Fill out this form with personal details like name, gender, age, and weight. You must agree that the app will monitor your activity even when not used. After that, you can start doing physical activity to earn money. 1000 steps are equal to 1 Sweatcoin
The application is not functional in residential environments. The device is equipped with a sensor that detects the presence of a person within its range. Upon detection, the device initiates an automatic shutdown process. The application has been reported to be successful by certain users at their residences.
How to Earn on Sweatcoin
Sweatcoin functions not only as an activity tracker but also as a repository of information for facilitating transactions.
Taking Steps
To utilize your phone as a tracking device, it is recommended to carry it in your pocket all the time, no matter where you gogo. The system will facilitate tracking your physical activity and provide incentives through the virtual currency called $SWEAT or Sweatcoins based on your performance.
Sweatcoin will continuously track the steps taken while running in the background. The step-tracking functionality of the app persists as long as you don’t force-quit the app.
You will earn $SWEAT1 for every 1,000 steps you take. However, it should be noted that minting $SWEAT tokens becomes increasingly difficult over time. This means that to produce another $SWEAT; we need to do more work the next day. Additionally, you will earn $SWEAT for the first 5,000 steps you take daily. Users can trade $SWEAT tokens for rewards and use Sweatcoins to make purchases in the Sweatcoin app.
Participate in Daily Bonus Tasks
Sweatcoin offers three different daily rewards, and each reward gives users a chance to win up to one thousand Sweatcoins. Of course, earning somewhere between 0.9 and 2 Sweatcoins on average is reported by most users, and it’s more complex. Viewing an advertisement automatically adds Sweatcoins to your wallet balance.
Joining Challenges
Sweatcoin occasionally hosts challenges for users to participate in and earn additional Sweatcoins. In the last challenge, TikTok x Sweatcoin, users had to complete the six tasks outlined in the video to participate in the challenge. If the official Sweatcoin TikTok page reposts users’ videos, they could receive up to 300 Sweatcoins.
Go to the Challenges section of your mobile app to browse the currently available Sweatcoin challenges. By referring new users to the platform, you can earn Sweatcoins.
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How to Start Earning
- You can find Sweatcoin and the Sweat Wallet app on the iTunes App Store and the Google Play Store. Register for Sweatcoin and then select Log In with Sweatcoin from the menu to launch Sweat Wallet.
- The Sweatcoin app will prompt you to opt into cryptocurrency after you select this. Click Get Your Wallet after following the on-screen prompts.
- They will send a six-digit code to your confirmed email address.
- Please keep this email safe; you will need the six-digit code to regain access to your account if you misplace it.
- Launch Sweat Wallet and tap the button “Approve Login.”
- Click “Open Your Wallet” after approving the login when prompted. The system should display your $SWEAT tokens now. You can send and receive rewards, exchange, trade, send, and earn them from this location.
- You can use the Sweatcoin Help Centre as a resource for troubleshooting and resolving errors.
How to Convert Sweatcoins to Real Money
Currently, Sweatcoins doesn’t provide the functionality to withdraw Sweatcoins as cash.
The gamified fitness app, Sweatcoin, rewards users with cryptocurrency for their exercise and activity levels. You cannot exchange currency with Sweatcoin, but the rewards you earn can be used as payment. On the other hand, companies rarely offer money rewards such as those from PayPal or Amazon.
You can only turn your Sweatcoin balance into real money if you buy one of PayPal or Amazon gift cards, which often come up in the app’s auctions.
You can donate Sweatcoins to great causes through the Sweatcoins For Good feature if you’re in the giving mood. Each week, they feature an important non-governmental organization (NGO) or charity doing important work worldwide.
How to Transfer Sweatcoin to PayPal?
- Head to the market and click the “PayPal Reward” button to buy this. Unfortunately, the app does not display a PayPal incentive if it is unavailable now. Keep looking for it every day. You need to have a balance of 20,000 Coins to withdraw through PayPal.
- Next, please check your inbox to find an email that details the steps you need to take to redeem your chosen offer. Click on the buy button.
- By following the instructions, you can convert your sweatcoins into PayPal funds.
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How To Cash Out On Sweatcoin On Android?
- First, download the Sweatcoin app. You can find and download the Android app from the Play Store. Its instantly recognizable icon is a shattered capital letter S against a blue background.
- Once you complete the installation, you can access Sweatcoin by entering “sweatcoin” into your device’s search function, home screen, or app drawer. Click to open it once you locate it.
- You can find the shopping bag icon in the top right corner of your screen. You will be taken to the relevant shopping offers by clicking the links.
- When you’re ready to check out, click the PayPal tab in your shopping bag.
- Follow the on-screen instructions and select an offer. The proposal’s “how to claim” section will explain all the necessary steps to cash out your sweatcoin.
- You can find the button labeled “Buy” directly beneath the offer’s image in the header. Tapping the icon displays Sweatcoin prices.
How do I Convert My Sweatcoin to Bitcoin?
Click on the Crypto tab, choose to Buy BTC with SWC, and then enter the amount of Sweatcoins you want to use for purchasing Bitcoin. Otherwise, this feature will be inaccessible to them. You will generate the coupon and redeem it in the Bitfinex Mobile App during this procedure.
How Much is a Sweatcoin Worth?
The most popular cryptocurrency trading platforms have yet to offer Sweatcoin. Therefore, the primary factor in determining its value is the price of the goods and services that people can purchase with it. Based on this information, we can estimate that one Sweatcoin currently has a value between $0.02 and $0.05.
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What Is The Future of Sweatcoin?
Thousands of new users sign up for the app every week, making it a success since its inception. Sweatcoin’s future is not in limbo. The developers are looking into making more money from the app.
Sweatcoin may have a similar value to Bitcoin and other blockchain-based digital currencies in a year or two.
Download the app if you’re a heavy walker and want to exchange your daily steps for cash or other rewards.
Conclusion
Jog or walk to earn more sweatcoin and redeem your sizable amount for exclusive deals in the sweatcoin marketplace. Enjoy using this digital currency based on physical activity, most importantly!
