First, ever heard of Sweatcoin? it’s just funny that all you need to do to earn on this app is to run, walk, or even cycle and the app will pay you. To transfer your Sweatcoin earnings to your PayPal account, we have compiled this amazing guide to help out.
Quick Note: You will have to save your coins if you want to make more money with Sweatcoin because there are regular massive offers releases — refer at least 100 people, and get a $100 PayPal gift card.
Sweatcoin serves as a source of motivation to helps you to exercise regularly crediting you account with coins. Exercising is a necessity in life as it helps the body to function optimal level.
Sweatcoin is a digital currency like Bitcoin etc. It was created by a firm in 2014 to push and motivate people to stay healthy by offering a reward system for exercising. After gaining coins from your daily exercise, you can then cash out through various methods like converting Sweatcoin to Paypal etc.
What Is Sweatcoin?
Sweatcoin is a mobile app that tracks your daily movements which are recorded in form of cash. You earn about 1 SWC (1 Sweatcoin) per 1,000 steps you make.
Their offers marketplace ranges from gift cards, memberships, food, electronics, clothing, app and music downloads etc. And, once in awhile a PayPal or Amazon Gift Card becomes available as an offer. You can also get more sophisticated goods and services iPhones, anti-gravity yoga classes and Apple Watches.
Where Can I Get Sweatcoin?
How To Use Sweatcoin App
Firstly, open the Sweatcoin app, sign up and verify that you are ok with the app tracking your daily steps even when it is turned off.
Once you are done with the setup, you can start earning as you walk. To earn 1 Sweatcoin, you need 1000 steps.
Quick Note: The app doesn’t work at home. Once it recognizes that you are inside, it stops working. But, persons did said that the app worked while they were at home.
What Can You Buy With A Sweatcoin?
Once you have enough Sweatcoin, there are a lot of great stuff you can buy. Go to the apps marketplace to buy anything you want, it might be iPhones, Samsung TV set, audiobooks, gift cards etc.
They are priced based on the cost of the product. Want $1,000 in cash from PayPal? It’ll cost you 20,000 Sweatcoin and a $50 Nike gift card costs 3,650 Sweatcoin.
How To Transfer Sweatcoin To PayPal
Transferring Sweatcoin to PayPal cash is possible but it is not that easy as you may want it. Sweatcoin earning comes in forms like exchanging it for Amazon gift cards etc. Transferring the earnings from Sweatcoin directly to cash is impossible for now and you cannot link your Sweatcoin to the Paypal account for now.
To transfer your Sweatcoin earning to Paypal, Go to the marketplace, tap on Paypal reward, it will open instructions on how to purchase it. If you don’t see PayPal reward, that is because it is not currently available to you based on your location etc. You might have to keeping checking back to confirm its availability. Keep in mind that you need at least 20,000 coins to redeem via PayPal.
Moving on, after following the on screen procedures, an email will be sent to you. Tap buy to redeem your Sweatcoin and send you cash to Paypal after following the how-to claim.
How To Sell Your Sweatcoin
It’s possible to sell your Sweatcoin as people are readily available to purchase the coin. All you need to do is go online (Reddit, Discord chat room, etc.) and advertise your Sweatcoin for sale and you will get a handful of people willing to buy.
People willing to buy your Sweatcoin would cap the price at $0.02 and $0.06 (USD) for a coin which is extremely low and you have the option to either take or leave. But, you really shouldn’t just leave considering the fact that you earn the coin by just walking.
You may use the Sweatcoin to purchase either an Amazon gift card or a PayPal gift card, then sell it. Since they are bought at a lower price at the marketplace, you will make a considerable sum from the sales.
If you don’t wish to sell your coins, save them on the app because there are lots of amazing offers at the marketplace where you can use the coins.
The growth rate of Sweatcoin
Since its inception, the app has shown only signs of growth with thousands of people downloading the app on a weekly basis.
In one or two years to come, Sweatcoin may be seen to have the same values as bitcoin and other coins with blockchain. So, if you walk a lot and you wish to convert your daily steps to money or goods and services, then you really should consider downloading the app.