Sweatcoin, a popular app that claims to pay you with its own digital currency for each step you take, is one of the best ways to make some quick cash.
An authentic mobile app called Sweatcoin enables you to make money just by moving around while it’s open in the background.
In this review, I’ll discuss how the app functions, my personal experience with it, and some of the top alternatives.
What is Sweatcoin?
Using a free fitness app called Sweatcoin, you can track your daily outdoor activity and have Sweatcoins, the platform’s own digital currency, generated from your steps.
This procedure should be fairly familiar to you if you’ve used Miles-like apps in the past. Additionally, the goal is to motivate people to become more active while assisting them in generating passive income.
Millions of Android and iOS users have downloaded Sweatcoin to date. It’s one of the most well-liked fitness reward apps available.
If you’re a very active person, Sweatcoin can help you convert a small portion of your daily activity into passive income. And if you need some encouragement to get moving, this might be the app you’re looking for.
How Does Sweatcoin Work?
While evaluating Sweatcoin for this review, I used it for a number of months. The app, as a whole, is very user-friendly and beginner-friendly.
Sweatcoin also works in four simple steps:
- Download Sweatcoin
- Walk and earn Sweatcoins
- Redeem rewards
- Convert Sweatcoins into SWEAT
It’s time to delve a little deeper into how each of these steps functions.
Download & Sign Up
You can sign up for a Sweatcoin account using your email address or a Google account, and the app is available for both iOS and Android.
To allow Sweatcoin to track your daily steps, you must enable location tracking after opening the app. You must feel comfortable sharing your data because doing so is necessary for using the app to earn money.
If you don’t want to share your data and location, Sweatcoin isn’t for you since many passive income apps operate in this manner.
Walk & Earn Sweatcoins
For as long as you have your phone with you, you can start walking or working out outside and start earning Sweatcoins. Note that you have to exercise outside to earn coins, so inside workouts don’t count!
Sweatcoins now offers a number of monthly subscription plans, and each one enables users to earn money more quickly.
Here are the current plans:
- Mover: Earn 5SWC for free each day.
- Shaker: 4.75SWC/month, earn up to 10SWC per day.
- Quaker: 20SWC/month, earn up to 15SWC per day.
- Breaker: 30SWC/month, earn up to 20SWC per day.
1,000 outdoor steps is equivalent to 0.95SWC, so if you consistently get 10,000+ outdoor steps a day, you can at least upgrade to the Shaker intends to increase monthly Sweatcoin earnings.
Additionally, you can earn 1SWC by watching a daily ad. You receive an additional 4SWC bonus if you complete this task three days in a row. It’s not really my cup of tea, but it does add up.
Overall, the Marathon Offers are very challenging to obtain, but if you collaborate with friends and family, it’s possible to earn the $1,000 reward.
Sweatcoins can be redeemed for a variety of gifts and special offers from Sweatcoin’s affiliates as you accumulate them.
Although the app offers both fixed and variable rewards that you can reclaim from the store, many of the weekly offers are signup bonuses or incentives rather than pure rewards or gift cards.
For instance, I recently used a promotion that qualified me for a free Harry’s razor set worth 10SWC. Although I had to pay $2 for shipping, the razor I received was quite good, and $2 is less than the cost of an equivalent razor at a store.
At the time of writing, Sweatcoin works with over 1,000 brands, and new ones are being added on a regular basis. There are always offers like this on the platform.
This might be right up your alley if you enjoy subscription services. Additionally, you may be eligible for a free month or a sizable discount for services you already use if you use some of those promoted by the app.
But Sweatcoin always lists some substantial “Marathon Offers” under that heading. In all honesty, you’re unlikely to ever be able to afford them. Sweatcoin isn’t a scam, but they do make some promises that are simply unattainable.
For instance, Sweatcoin claims that you can earn free iPhones, free gift cards, and free PayPal cash worth thousands of dollars, but it is very unlikely that you could earn enough Sweatcoins to obtain these rewards.
My main issue with using Sweatcoin is this. This app cannot be utilized as a side business or a means of receiving free money.
The only deals available are from Sweatcoin’s partner brands, and they are only discounts and a few free-plus-shipping deals.
Is Sweatcoin a Scam?
Sweatcoin is not a scam, let me reassure you. Yes, it’s true, and it’s 100 percent legitimate. You’ll be compensated for walking. In order to make a few extra dollars, I started walking farther distances.
With this app, you won’t, however, make hundreds of dollars each week. Don’t have inflated expectations about your earning potential!
You can get paid anywhere from 150 to 600 sweat coins per month, depending on your subscription amount!
How Much is a Sweatcoin Worth?
Depending on the offers that are available at any given time, a Sweatcoin’s value changes. Based on my observations, the value has ranged anywhere from:
- 20 Sweatcoins = $1
- to 31.25 Sweatcoins = $1.
This indicates that one Sweatcoin has been traded for between $0.03 and $0.05.
Current Sweatcoin redemption rates for influencer program participants are 4 Sweatcoins = $1 (or 1:0.25).
Is Sweatcoin Safe to Use?
I’ve discovered Sweatcoin to be a reliable app that’s risk-free to use.
According to online reviews, the Sweatcoin app has received a 4.2/5 rating from more than 10,700 users. It has received over 142,500 reviews and a 4.2/5 rating on Google Play.
Sweatcoin has received more than 500 reviews and a Trustscore of 4.6/5 on Trustpilot.
Several countries have ranked Sweatcoin as the top fitness tracking app on the App Store, and they guarantee that they won’t sell your information to anyone else.
Please review the terms and conditions and privacy statement on their website for more details on this.
How Does Sweatcoin Make Money?
Sweatcoin collaborates with a number of brands that are represented in their marketplace and benefits financially from these relationships. They also have a few in-app video advertisements.
It’s interesting to note that governments and health insurers are also interested in Sweatcoin’s service and are willing to reward healthy behavior that encourages people to exercise more.
Sweatcoin Pros and Cons
The Sweatcoin app has a few advantages and disadvantages, which are listed below.
- Get paid to walk; while you won’t become wealthy, you will be rewarded for maintaining your health.
- Easy-to-use app.
- The app’s updated version now tracks steps taken both inside and outside.
- Sweatcoins can be shared among friends. Friends can also challenge and follow one another.
- If you are on the free Troublemaker plan, you are only allowed to use 10 Sweatcoins per day.
- According to some users, the app can make the battery on your phone deplete much more quickly. On my iPhone, I haven’t personally experienced any serious battery problems.
- You should be aware that your movements are being monitored in order to calculate how many steps you have taken.
I’ve already accumulated thousands of Sweatcoins thanks to my love of using the Sweatcoin app. Only a few apps exist that reward you for walking or working out, and Sweatcoin easily leads the field.
Do You Get Real Money in Sweatcoin?
Sweatcoins cannot be exchanged for cash but can be used to buy tangible goods or gift cards from one of the 600 app partners.
How Do People Make Money on Sweatcoin?
Sweatcoin has added Google ads as a secondary revenue source to its revenue model, similar to many other applications. Users can earn Sweatcoins easily through the company’s daily bonus program. All they have to do is to watch an advertisement and they get compounded bonus every day.
Why Does Sweatcoin Give You Money?
With the help of the mobile app Sweatcoin, users can make virtual currency gains while running or simply walking outside. Sweatcoin generates revenue by partnering with insurance companies and other governmental organizations, charging subscription fees, and promoting other brands.