If you’ve been pushing your workout routine to the backburner, you might find new motivation if you get paid to walk via an app called Sweatcoin. But is Sweatcoin legit or a scam? Read this Sweatcoin review!
An App that Pays You to Walk?
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Most of us don’t really see walking as a way to earn money.
We like to think of walking as good for our health. Additionally, walking is one of the best exercises you can do out there – you can do it any time, and you don’t need any special equipment except for a good pair of walking shoes.
But what if someone tells you that you can walk and earn money? It may sound incredulous, but if you check out an app called Sweatcoin, you’ll see what I’m talking about.
Sweatcoin Review: What is Sweatcoin?
Sweatcoin is a mobile app that counts your steps and converts them into virtual money called sweatcoins.
Deemed as one of the fastest-growing rewards-based applications in the market today, Sweatcoin encourages users to get off the couch, put on their walking shoes, and take a walk outside.
The Sweatcoin app works with an integrated GPS feature so that wherever you are, as long as you carry your phone and the app is running in the background, it will continuously track the miles you have walked and offer you with corresponding financial incentives.
How to Start Using Sweatcoin?
To start using Sweatcoin, you need a smartphone, whether an iOS device (iPhone 5s or newer); or an Android device 4.4 or newer.
Then, sign up with Sweatcoin here.
You may also use the app through the Apple Watch (which is convenient if you forgot your phone while taking a walk).
Once the app is there, all you need to do to earn sweatcoins is get outside and go for a walk.
How Does Sweatcoin Work?
Sweatcoin is a simple and straightforward app that rewards your steps with cash.
Basically, you just let the app run on the background as you go for a walk – whether you’re walking towards your office, strolling at the park, or running (er, walking) some errands.
As long as it runs and you’re out and about, Sweatcoin will keep tracking the steps you make and reward you with corresponding money.
Is Sweatcoin Legit? Is Sweatcoin a Scam?
After using the app for a while now and reading other Sweatcoin reviews, I can say that Sweatcoin is legit and I have yet to hear of a Sweatcoin scam, if there is.
There are also some people who’ve claimed that they were able to cash out their earnings via PayPal vouchers. I personally have not seen these PayPal vouchers yet, but there are cool physical and digital products I can buy with my earnings in the Sweatcoin Marketplace.
So for those who are asking “is Sweatcoin real?,” it is absolutely real.
I’ll be honest though, I also see a few cons of using the app so make sure to read the Pros and Cons section of this Sweatcoin review down below.
How Does Sweatcoin Make Money?
Before using any app that claims to give you “free money,” it’s important to understand how this app makes money and is able to pay you. This knowledge should also make you feel comfortable using the app.
So, how does Sweatcoin make money?
According their FAQ here, they make money by partnering with brands. All those brands you see on their marketplace are their partners.
Secondly, they also play ads when you unlock daily bonuses, which means they get paid for the minute or seconds you spend for watching those ads.
How Much Do You Make with Sweatcoin?
One of the most common questions people ask about Sweatcoin is: how much can you make with the Sweatcoin app?
If you walk 1,000 steps, you’ll earn .95 sweatcoins which is just a few more steps away to being one sweatcoin.
Now, you might think that it will take a lot of walking to earn some money with Sweatcoin. It’s true and you won’t get rich by walking with Sweatcoin.
My one-hour walking routine only makes me 5 sweatcoins, so it took me a while to earn 100.
If you want lazy ways to earn money, I recommend completing surveys instead. It can make you up to $50 per survey without leaving your couch.
But if you’re already fond of walking or looking to make walking as an essential part of your routine, then might as well run the app in the background.
Over time, you’ll accumulate lots of sweatcoins which you can use to purchase items on their market or to buy Paypal vouchers.
How Much is One Sweatcoin Worth?
How much is one sweatcoin worth? What is the sweatcoin conversion rate (Sweatcoin to USD)?
There is no official exchange or real Sweatcoin conversion rate. There is no definitive value that can be associated with this virtual currency.
Some people claim they trade sweatcoins for no more than 5 cents each. “Sweatcoin price” fluctuates between $0.0075 and about 5 cents.
How to Redeem Your Sweatcoins
When you’ve accumulated enough sweatcoins, you have the option to use your coins to buy some goods or services. You just need to visit the Sweatcoin Marketplace and check out what they’re offering that day. It could be anything, ranging from toys, gadgets, clothes to apps and services.
If you’re using your sweatcoins at the Marketplace, it pays to check things out first and see which items you like. They offer only four deals a day, so if you don’t feel like getting one of them, you could always go back tomorrow to check it out. It’s probably best to hold onto your sweatcoins until you see something worth splurging on.
And if you plan to keep using the app for a long time, you could get some big-time Sweatcoin rewards.
For instance, if you earn 20,000 sweatcoins, you could trade it in with a 55-inch television, an iPhone XS or $1000 PayPal or Amazon credit. This is the ultimate way to turn your coins into money.
How to Maximize Your Sweatcoin Earning Potential
Walk a lot
If you’ve been making lots of lousy excuses for NOT walking, then Sweatcoin might give you the push to walk some more. After all, this is the primary requirement for you to start earning those coins. Just tap the app, let it run on the background, and walk. Your coins will keep on accumulating as long as you keep walking.
Get your family and friends onboard
You might find it boring or lonesome to walk alone, but Sweatcoin has some good news for you. They’ll give you five sweatcoins if you invite other people into their referral program.
All you need to do is invite your family and friends to download and use the app. The more people you get to Sweatcoin, the more you’ll earn. Plus, you can make walking and collecting coins a friendly competition between yourselves. And if you’ve been rooting to redeem an item but you need more coins, other people can transfer their coins into your account.
Imagine this: if you get your spouse and kids on board, all of you could work on a common goal, and you’ll get the coveted item much more quickly.
Upgrade your membership
When you signed up for Sweatcoin, you’re automatically relegated into the basic membership category which allows you to earn up to 150 coins each month. But if you walk a lot and would want to earn more, it’s best to upgrade your membership so that you’ll earn some more. Don’t worry, signing up on Sweatcoin is free. If you upgrade, you don’t need to shell out cash; you’ll pay for it with your existing sweatcoins instead.
So, from the basic membership, you can upgrade to the following categories:
- Shaker – this cost you 4.75 sweatcoins and allows you to earn as much as 300 sweatcoins per month.
- Quaker – this cost you 4.75 sweatcoins and allows you to earn as much as 450 sweatcoins per month.
- Breaker – this cost you 4.75 sweatcoins and allows you to earn as much as 600 sweatcoins per month.
Watch ads
If you’re not in the mood to walk but still want to earn coins, you can go to the marketplace and earn daily rewards. All you need to do is watch a 30-second ad which is equivalent to 1 coin. If you watch ads for three days in a row, you could earn seven sweatcoins.
Related: How to Live Frugally: 50 Frugal Living Tips
Sweatcoin Review : Is Sweatcoin Safe?
Since the app turns on its geolocation feature to track your location and movement, you might be concerned about safety and privacy.
After all, there’s someone out there who knows where you are. But as per the company’s privacy policy, they ensure the protection and privacy of the people who use the app. The company also says that they take extreme care and precaution so that your personal data is kept secured and wouldn’t fall into unauthorized use.
So, if you’re still on the fence whether or not using Sweatcoin is safe, then you can rest knowing that it indeed is!
Pros and Cons of Sweatcoin
You are reading this Sweatcoin review because you want to know whether Sweatcoin is worth it. Here are the pros and cons that would hopefully help you decide.
Pros
It motivates you to live a healthier lifestyle.
Using the app and earning all those coins could be your primary motivation to be up and moving, but nonetheless, you’re walking and exercising. And because the app doesn’t track movements done indoors, you’ll have more reason for going outside and walking, instead of just lazily lounging out on the couch.
You get rewarded.
From random items, gadgets, electronics, vacations, and even PayPal cash, Sweatcoin gives you more reasons to walk.
It’s free to use.
You don’t need to spend a single dollar to use theapp, although you’ll have to spend some of your coins to upgrade your membership.
Cons
There’s a cap to how much coins you can earn.
Regardless of your membership, the app limits you to just a certain number of coins you can make each month. You’ll also have to pay with sweatcoins if you wish to upgrade your membership.
The app can drain your battery.
Letting Sweatcoin run on the background means your phone’s GPS also keeps on running, and your battery could be drained faster than usual.
The app only counts walks done outdoors.
Even if you walk on the treadmill or take the stairs, the app will know that your indoors and your walks won’t be counted. You have to be outdoors for your steps to get credited.
Marathon offers seems impossible to achieve.
From what I can tell, their marathon offers ( $1000 cash, curved Samsung TV and iphone XS ) are impossible to achieve by most people. I’ve also done some research and found no one who has claimed any of these offers yet.
Here’s why I think the big ticket marathon offers are unattainable: Each of these offers cost 20,000 sweatcoins that you have to earn within 24 months. That means you need to walk for a few hours a day and invite friends to join to earn 20,000 in two years.
For a one-hour walk, I only earn 5 sweatcoins. So, at my pace, I can only earn 150 in a month. Let’s say I walk more and earn 300 sweatcoins in a month, I would still only earn 7,200 sweatcoins in two years.
What this means?
This means if I want to redeem one of the marathon offers, I have to earn 12,800 sweatcoins through other means such as unlocking bonuses by watching more ads and through their referral program ,which as of writing this, only pays 5 sweatcoins per person you invite to use the app.
This means I need 2,560 invites to make 12,800 sweatcoins!
Don’t get me wrong. I believe that these offers are legit and Sweatcoin is real, but they are just really difficult to achieve. I hope that they’ll offer more Marathon offers at different price points soon.
This is not to say that you won’t get anything with your earnings. As I’ve mentioned, there are many things that sweatcoins can buy on their marketplace. You can use it to buy stuff, get a discount or buy paid services.
So, Is Sweatcoin Worth It?
The app gives you a convenient reason to walk outside and live a healthier life, which is I believe the purpose for why the app was created.
If you need motivation to walk, then this could be worth a try! You can sign up with Sweatcoin here.
All in all, Sweatcoin is a fantastic app if for people who like to get fit and earn at the same time. If this sounds like you, then you better check it out.
But, if you are not liking what you are reading on this Sweatcoin review, you want other ways to make money, I recommend reading these posts:
- 15 Stay at Home Mom Jobs that Pay Well
- No Experience Jobs to Make Money at Home
- How to Make Money as a Virtual Assistant – $60 per hour!
- How to Become a Proofreader- Make $40k a year
- Get Paid to Transcribe Audio Files
I would love to hear from you!
What do you think of Sweatcoin? Is it worth a try? Share this Sweatcoin Review with your friends!