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Sweatcoin Review: Get Paid To Walk (Legit or Scam?)

Sweatcoin Review: Get Paid To Walk (Legit or Scam?)
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Last Updated on March 27, 2022 by

In this post, we will delve into the Sweatcoin app review. Learn everything you need to know about this app for making money.

What is Sweatcoin?

Sweatcoin is a cryptocurrency token that incentivizes people to work out in order to earn tokens. It has been gaining traction across the world and is currently being used by over 100,000 people.

The idea of a cryptocurrency that incentivizes people to work out came from the founder of Sweatcoin, who is an avid runner and fitness enthusiast. He wanted to create a currency that would reward him for his efforts and give him the motivation he needed to continue working out.

Sweatcoin has been gaining traction across the world due to its unique concept of rewarding users for their hard work in exercising.

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How Does Sweatcoin Work?

The sweatcoin is a cryptocurrency that is designed to encourage people to get into fitness and exercise. It was created by the founder of the company, who had an idea that people should be rewarded for their hard work.

Sweatcoin works by rewarding a person for achieving their goals in fitness and exercise. 

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For example, if you run 10 miles a week, you will earn one sweatcoin. If you do more than 10 miles per week, you will earn two sweatcoins. 

This system encourages people to keep going and achieve their goals without feeling like they are working hard just for money.

The goal of Sweatcoin is to incentivize people to stay active with the goal of improving their health as well as making them feel good about themselves.

This currency can be used for anything from shopping at the online store to buying fitness equipment or even donating it back to the community.

The company behind this project, Sweatcoin, has been around since 2014 and has seen rapid growth in terms of participation as well as the volume of transactions.

IT PAYS TO WALK

Walk, earn, spend, repeat.
Download Sweatcoin App now.

Here’s how to use the Sweatcoin app:

a). Download The App

sweatcoin app in Kenya

The app to try out is called Sweatcoin, and you can either download it or look for it on the Google Play Store. It’s easy to get started and you will be earning your sweatcoins after a few minutes or so.

b). Start Walking

sweatcoin review

Once you have downloaded the app, I recommend that you leave it open in the background so it can track your steps.

The app gives you sweatcoins for walking around outside.  And you earn 0.95 sweatcoins for every 1000 steps.

c). Exchange Coins For Rewards

Now that you have some sweatcoins, you can redeem them for any of the rewards offered inside the app. You can easily find products on fitness, restaurants, holiday vouchers, and even things like iPhones or smartwatches

Is Sweatcoin A Scam?

It’s not a scam. Sweatcoin is a legitimate cryptocurrency that allows users to earn money just by walking, running, or working out.

Sweatcoin is an online platform that allows users to earn cryptocurrencies by doing everyday activities like walking, running, or working out. It was founded in 2014 and has seen rapid growth since then.

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The company behind Sweatcoin is called SweatCo LTD., was founded by Oleg Fomenko, Anton Derlyatka, Danil Purshev, and Egor Khmelev in 2014.

While you won’t be rich using the Sweatcoin app, you can definitely make between 150 to 600 sweatcoins a month depending on your monthly subscription.

How do I earn Sweatcoins?

You can earn Sweatcoins by running, walking, or cycling. The more you sweat, the more coins you will earn. You can also earn extra coins by sharing your exercise with friends on social media.

The best way to learn how to earn these coins is to join the community and ask questions on their discord channel or ask for advice on their telegram channel.

Sweatcoin is still in the development phase and they are continuously working towards making it better for our users.

On average, you can only earn 5 SWC per day — that puts you in the “Mover” tier. 

But if you want to earn more SWC per day, consider upgrading your account to “Shaker” and get a limit increased to 10 SWC per day). And for more even earning potential, get “Quaker,” and make 15 SWC a day) or “Breaker”  which comes with 20 SWC per day

How do I spend Sweatcoins?

spend Sweatcoins

The most popular way of spending Sweatcoins is through online transactions like purchasing workout clothing or other items from the Sweatcoin store. 

Inside, you can find a variety of fitness stuff from workout videos, health classes, and workout gear among other items.

Another way you can spend your SWC is by selling them for cash. The app allows you to transfer the coins between users.

How Much is a Sweatcoin Worth?

The sweatcoin has no intrinsic value, but its value is determined by how much people are willing to pay for it. Currently, 1 SWC = $0.02 USD and can be redeemed for a wide range of physical products such as fitness trackers, workout clothes, and even food items.

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Sweatcoin Review: Pros and cons

Sweatcoin review: Pros

  • People get paid for exercising, which incentivizes them to get fit and stay active.
  • The currency is easy to use and can be bought with real money.
  • Sweatcoin offers the opportunity for people who have never exercised before or are struggling with their weight to be able to participate in an activity they enjoy while earning money.
  • There is no need for any extra equipment, as the sweatcoins can be stored on your phone or computer and spent at any fitness center.
  • You can exchange your steps for discounts and donate your SWC to crowdfunding campaigns;
  • Sweatcoin has a simple UI so it’s easy to navigate through.

Sweatcoin Review: Cons

Sweatcoin was created as a solution to the current state of fitness and health. The founders wanted to create a way for people to be able to get fit without having any barriers or obstacles in their life.

Although Sweatcoin has been getting a lot of attention, some people have had negative experiences with it such as not being able to withdraw their money or having issues with their account balance.

  • They seem to do everything they can to limit the user’s steps;
  • Facing a lot of inaccuracies in its algorithm;
  • Items listed in their product section might be cheap, but they disguise the shipping cost;
  • Purchasing anything can be a hassle with too many forms
  • Limited amount of rewards.

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About the author

Kevin is a prolific business online writer with experience of 5+ years doing online business, marketing, and finance. His articles have been published on various websites such as Business Insider, Tuko Media, Adweek, among others. Kevin is passionate about helping people achieve success through his writing which he does by providing actionable tips for entrepreneurs to implement into their businesses.

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