Sweatcoin Review: Get Paid for Walking

Everyone knows about the importance of exercise in our lives. However, most of us are so preoccupied with office jobs, family, and errands that it becomes difficult to take out time for regular exercise. For me and people who need motivation to go for a walk or regular workout, some apps like Sweatcoin has come up with an interesting solution.

Written by Kaloian Parchev

Last Updated: 28 June 2023

This post may contain affiliate links. You can find our full disclosure policy here.

You can use these apps that pay you for moving; it seems interesting! One popular app is Sweatcoin, which claims to pay you for every step you take out of your home. Oleg Fomenko and Anton Derlyatka founded Sweatcoin in 2016 to promote health and fitness. Many of you might doubt how legit Sweatcoin is, so in this article, I am giving my experience with this app:my Sweatcoin review.

Please read on to learn how the app works and whether it is worth using.

What is Sweatcoin App?

Sweatcoin is a fitness app that you can download for free. It keeps track of your daily outdoor activity by counting your steps. Then it converts these into Sweatcoins, which is the name of the app’s digital currency. The vision is to encourage people to get more active by earning passive income.

At present, according to statistics, Sweatcoin has millions of users on both Android and iOS. My Sweatcoin review shows how it is one of the most popular fitness reward apps. If you are very active, Sweatcoin can let you earn from your activity through passive income. Conversely, if you need a push to get started, Sweatcoin also serves that purpose very well. The app gives you the motivation that you must get out of bed and start moving.

How Does Sweatcoin Work?

To give my honest Sweatcoin review, I tested the application and found that it is easy to use. Just follow these simple steps:

• First, download the Sweatcoin app.
• Second, start walking and earning Sweatcoins.
• Third, redeem rewards.
• Convert Sweatcoins into SWEAT.

Let’s dig deeper to learn more about these steps.

Download the Sweatcoin App

The application is easily available for Android and iOS, so after downloading, sign up and create your account with your email or Google account.

After logging in, you need to enable location tracking so that Sweatcoin can keep track of your daily steps. Only if you share your data with the app can you earn a passive income. The app is only for you if you are comfortable sharing your data.

Start Walking & Earning Sweatcoins

As the app is on your mobile phone, you need to keep your phone on while walking outside. Only in this way will your app count your steps, and you can make Sweatcoins (SWC).

Also, indoor walking doesn’t count; you must exercise outside to earn Sweatcoins. Another interesting thing is that it now offers different monthly plans you can subscribe to. Each plan allows you to earn at a faster rate.

Different plans that work currently include:

• Mover: Free, allowing you to earn up to 5 SWC daily.
• Shaker: Subscribe at 4.75SWC /month and earn up to 10 SWC daily.
• Quaker: Start with 20 SWC/month, then earn up to 15 SWC daily.
• Breaker: Subscribe with 30 SWC/ month and earn up to 20 SWC daily.
• Troublemaker: Subscribe for $1.49/ month, then earn 50 SWC daily or 1500 SWC monthly.

For every 1,000 outdoor steps, you earn 0.95 SWC; hence, if you get over 10,000 outdoor steps every day, you can start with at least a Shaker plan. According to mySweatcoin review, after subscribing to any plan, you stand in the queue to earn more and more Sweatcoins every month.

How to Redeem Rewards

Once you start earning Sweatcoins, you can redeem them for different prizes or discounts. Many weekly offers are incentives rather than gift cards or direct rewards.

The app works with over 1,000 brands that offer you gifts. To be honest, however, the offers Sweatcoin gives to earn these rewards are not less than a marathon.

You’ll need to put in serious effort if you wish to cash in on these benefits. After using the app for the last few months, I have concluded that it’s not an app for earning free money.

However, you can avail yourself of discounts and free offers from different brands that are app’s partners.

Convert Sweatcoins into SWEAT

This new feature of the app enables you to convert Sweatcoins into the cryptocurrency of this app, SWEAT. You can stake this currency to earn more SWEAT.

Also, with this leap of Sweatcoin into the blockchain and Web 3, you can earn NFTs from the SWEAT wallet that you can sell or trade to earn real money.

Is Sweatcoin Legit?

Sweatcoin is not a scam, but it is a legit app that pays you digital coins for your daily exercise. Hundreds of brands are partners that offer discounts and special offers, allowing you to redeem your Sweatcoins.

Does Sweatcoin Really Pay?

How does sweatcoin make money? Contrary to the common belief, Sweatcoin doesn’t pay you real money. The app pays you with its digital currency, Sweatcoins, which enables you to get special offers, free trials, and redemption. However, once you make SWEAT from Sweatcoins, you can make real money through trading or selling NFTs.

How Much is a Sweatcoin Worth?

To earn Sweatcoin, you need to work hard, but that’s the purpose behind the app: to make you move. For 1,000 outdoor steps, you earn about 1 Sweatcoin (0.95 SWC). However, if you are an active/moving person, you can make a few hundred Sweatcoin price monthly.

There is an auction section where you can sell your Sweatcoins. You can donate your hard-earned Sweatcoins to a list of charities. Finally, you can exchange your Sweatcoins for Bitcoin and trade them or sell them to make real money.

The standard/basic version of this app is free, but the premium version costs $4.99 monthly or $24.99 annually. The good news is that the premium/paid version allows you to earn twice/double as much Sweatcoin per step as the normal version. But the app earns a lot more money for those who walk or run.

If you are not active, you may lose your money by buying the premium version rather than earning Sweatcoins through it.

Sweatcoin Pros & Cons

Pros

• The standard/basic version of the app is free to download and use.
• Unlike other money-making apps that give you money for playing with your phone, this app motivates you to become more active.
• You might save more by winning a Sweatcoin reward from any of the app partners you like.

Cons

• The application is not for you if you want to earn real money directly.
• The SWEAT earning part of the app requires upgrading, or they need to increase the value of the SWC.
• The app needs to pay more for every thousand steps – current rewards are too little.
• Sweatcoin’s customer support is not impressive; they need to be more responsive.

Frequently Asked Questions

How many Sweatcoins make one Dollar?

One Sweatcoin is approximately $0.05 based on the $1,000 PayPal prize Sweatcoin offers. However, in my opinion, Sweatcoins are not meant for real cash. The best you can accomplish is to take advantage of sales and promotions.

Also, you can sell your Sweatcoins through some monthly buy-and-sell groups on Reddit. People exchange their Sweatcoins through these groups, but there is no fixed price for Sweatcoins. Some sellers give $0.05 for each Sweatcoin, while others price their Sweatcoins around $0.02 or $ 0.03 to attract interest.

How exactly does the Sweatcoin app make money?

In many ways, the Sweatcoins app makes money, such as:

• Getting in-app advertisements.
• Partnering with brands that have sponsored offers.
• Massive funding through investors.

Also, the app is getting the support of insurance companies and local governments owing to activity encouragement that decreases healthcare costs.

Is Sweatcoin fake or a scam?

Sweatcoin is legit; not a scam, but everyone can’t earn Sweatcoins with it. First, because of its demanding nature, everyone can’t make enough Sweatcoins to redeem rewards or avail themselves of deals. Only active individuals can make the most of it. Also, you can choose rewards or special offers only from Sweatcoin partner brands, not from the brand of your choice.

Final Thoughts

Sweatcoin is a legit money-making app, but it only works well for those motivated enough to walk and run thousands of steps daily. It may look like the app makes dollars for you, but in reality, it makes digital currency for you. Earning the equivalent of a few dollars through the free or standard versions may require more work on your part.

However, with the assistance of family and friends all working together, you may achieve some rewards that seem unrealistic for one person to achieve.Also, premium versions can help you earn quickly from discounts and subscription offers, or you can exchange your Sweatcoins for Bitcoin and earn real money.

Thanks for the Read!