Buying and Selling Sweatcoin
We all struggle with finding the motivation to exercise, but what if you got paid to do that? Sweatcoin is a great way to earn rewards for moving your body, whether you’re just starting with fitness or a fitness guru looking to earn a few extra perks.
What is Sweatcoin?
Many people are familiar with step tracker apps. There are a lot of step trackers available on the market today, but Sweatcoin stands out. You can earn rewards by tracking your steps and exercising with Sweatcoin.
In the same way that cryptocurrency is a digital currency, sweatcoins are a digital currency, but they cannot directly be converted into real money. You earn Sweatcoin by being active.
Sweatcoin is accumulated by downloading the Sweatcoin app and keeping it open at all times. Walking or running indoors or out earns you sweatcoins (SWC) every time.
How does Sweatcoin Work?
Your daily steps are tracked by Sweatcoin. The earning rate is around one SWC per 1,000 steps.
You can redeem the points you have accumulated for items like watches, music downloads, Amazon credits, e-Books, airline miles, or gift certificates at various retailers. Sweatcoin’s offers change frequently and are dependent on the deals it has made with its retailer partners.
Sweatcoin’s app — available for free on iOS and Android — allows you to see the current marketplace rewards as well as upgrade your subscription level using your sweatcoins.
Getting Started
- Install the Sweatcoin app: You have to install the app on your smartphone. By downloading the app, you can begin earning sweatcoins within minutes.
- Begin walking: It’s time to go walking once you’ve installed the app. For the app to track your steps, you have to let it run in the background.
- Earn rewards by exchanging coins: The daily offers allow you to exchange sweatcoins you have earned for rewards you can find in your account.
As Sweatcoin began, it primarily offered fitness-related products, but it has now expanded to include restaurant and holiday discounts, as well as offers like getting an iPhone, an Apple Watch, or even a Samsung TV for 20,000 sweatcoins. The offers in the marketplace change often and are limited in quantities. No guarantees the prizes mentioned are still available but something awesome will be.
How Many Sweatcoins can you earn?
You have to consider the number of steps you have walked. You can earn 5 sweatcoins if you have free membership and take 5000 steps every day. Sweatcoins can be earned in three ways:
1. Getting paid to walk
Sweatcoin’s main method of earning money is through this method. Walk while the app runs in the background! Grab your phone and get started!
This free level allows you to earn up to 5 sweatcoins daily (approximately 5,000 steps a day) and up to 150 sweatcoins monthly. The more you earn, the higher you need to pay for a subscription, these subscriptions are paid in Sweatcoin. Only at the top earning level of “troublemaker” has a $1 a month fiat expense. If you’re a postal delivery worker or a marathon runner, it is well worth the $1.
2. Earn rewards every day
By watching ads in the app you can earn daily bonuses as well, which is a fun way to earn sweatcoins.
You can claim your daily bonus by going to the marketplace screen, clicking “Try your luck” beneath the daily bonus module, watching the short ad from beginning to end, and then spinning the wheel of fortune. A Sweatcoin can be worth 0 to 1000 coins. You can view the transaction in your wallet to make sure you received the payment.
3. Rewards for inviting friends
The referral program offered by Sweatcoin is currently active. Using the Sweatcoin Influencer program, you can earn 5 sweatcoins for every friend you refer. Getting more rewards depends on how many friends you refer! Once 30 friends have using the app, a new rewards menu will open, you will be pleasantly surprised at the cash rewards. Rewards for inviting friends are not limited like they are with steps. You can earn unlimited SWC through social media but be warned, spamming will cause you to lose your influencer status and the rewards that come with it.
Exchange Sweatcoin to USD
It is a common misconception that sweatcoins are worth 1 USD, but that is not true. Sweatcoin are currently bought and sold through private transactions as there will not be public exchanges for SWC until it is moved to blockchain. Information on Exchanging Sweatcoin to USD can be found at Sweatcoin.Club. SWC pricing, like all items, change in price based on supply and demand. Ideally, prices would be updated daily but lack of information supplied by a public marketplace make this difficult. Contact potential buyers through the apps message feature by sending .1 SWC and be patient.
Instruction for Selling and Buying Sweatcoin
How Many Sweatcoins is 1 USD?
It is not known how many sweatcoins equal one dollar. The majority of people in the world have used sweatcoins as a method for accumulating money and selling them for real money.
Several platforms are available from which sweatcoins can be traded between individuals. Prices have historically ranged between $0.002 to 0.02 per Sweatcoin after reviewing old transactions on Reddit, Sweatcoin.Club and other related forums. Prices had fallen dramatically after the 20,000 SWC for $1000 USD was removed from the official sweatcoin app marketplace. As a result, individuals have stepped in and sweatcoins can still be sold for fiat currencies. Most transactions occur in USD but I have come across buyers and sellers dealing in EUR, GBP, AUD and a few other currencies. It appears interest has picked up lately in the exchange rate of Sweatcoin to INR, this is very positive for the SWC market as the number of steps produced in India is huge.
Does Sweatcoin Pay You?
Although not directly, it does pay you indirectly as sweatcoins enable you to purchase a wide variety of products using the money you earn from sweatcoins.
There will be a bumper offer available at the festival time so that sweatcoin can be used for all kinds of shopping, including random products, gifts, and other types of shopping.
Can PayPal be used to Convert Sweatcoins to USD?
Sweatcoin has buyers and sellers. Sweatcoin’s exchange rate to the US Dollar fluctuates according to current supply and demand. USD to Sweatcoin quotes is available in real-time in the app. Generally, new currencies take years to gain widespread acceptance.
Nation-state currencies have always had this characteristic. The value of gold became commonly traded thousands of years ago. US Dollars were not widely accepted as a currency until 200 years ago.
Over the past decade, Bitcoin has become increasingly popular. Over the past two years, Sweatcoin has made such an impressive move in value. However many sites have enabled private transactions so that Sweatcoin can be exchanged for USD.
Is Sweatcoin Safe?
After 3+ years, many people still don’t use this app for fear that the app is not legit. , so they may wonder whether it is a scam or legit. When you download Sweatcoin, all that is needed is your email address. It is free and you get paid for being active. Information about your finances are not necessary, no credit card or bank account needed. Any location and heath data is certified as anonymous in the Sweatco ltd. privacy policy. Your privacy is very clearly acknowledged and addressed by the company and its founders in multiple places.
Conclusion
It is important to remember that Sweatcoin rewards can only be purchased with earned coin, coins acquired through purchase or exchange should ultimately have value once on blockchain but cannot currently be used for in-app rewards.
All that said, Sweatcoin It is one of the most popular and highly rated fitness apps in both majo App stores. You will NOT GET RICH but you will 100% be rewarded for your steps!
I can highly recommend Sweatcoin — sign up
(if you use this link to join I get rewarded with 5 Sweatcoin)
