You probably heard about apps that pay you to walk. It sounds too good to be true.
However- they do exist.
There are numerous options to choose from. The apps aim to add a boost of motivation to help keep you healthy and fit.
The apps give different incentives. The choice is yours to use what works best for you.
A popular app that pays you to walk is Sweatcoin.
In this article, we’re going to cover the ins and outs of Sweatcoin.
We trust with all the comprehensive information we provide, you’ll be able to determine whether the app is worth a shot.
What is Sweatcoin?
As mentioned, Sweatcoin is a mobile fitness app that pays you to walk.
Anton Derlyatka and Oleg Fomenko founded it in the year 2015. They are part of the Sweatcoin company based in England.
According to B Strategy Hub, it has more than ten million users. The company claims to be the number one in-app store in the USA, England, Poland, Romania, Austria, and many other countries.
Currently, they have more than 11 trillion steps converted into currency globally.
On Google play store, it has an average rating of 4.3 stars from about 175 thousand reviews. On the other hand, it has a 4.5-star rating in the Apple app store from 163 thousand reviews.
How Does it Work?
As with most apps, starting is straightforward. You need to head over to their website or your app store to download.
Once the download ends, you need to sign up. Sweatcoin will guide you through the process.
You need to provide your email address, first name, and phone number. The phone number is for receiving a verification code to identity the device for tracking your steps.
You’re also required to have a GPS in place to show your location accurately. Note, the app only tracks your steps through your phone.
You need to have your Android, iPhone, or Apple watch for your steps to be recorded.
When you’re done with the sign-up process, Sweatcoin rewards you with 0.95 Sweatcoins. This is equivalent to a thousand steps.
With this, you’ll be off to a great start to begin earning an extra income. Start walking and accumulate more points.
Ways to Earn Sweatcoins
There are three methods to earn Sweatcoins for rewards on this health app. They include:
1) Tracking your steps
The primary way to earn Sweatcoins on the app is by walking as often as you can. Just open the app and carry it with you.
When you register, the free subscription is the mover. There’s a limit to the number of Sweatcoins you earn a day.
You earn a maximum of 5 coins a day. This translates to five thousand steps. To increase this limit, you may need to pay for the premium subscriptions.
2) Referral program
Another simple way to earn through the platform is by inviting other people to use it.
You earn five Sweatcoins for every person who joins the app through you. You’ll need to create a unique referral code that you’ll share with others.
The code will enable Sweatcoin to identify you with the sign-up.
3) Daily Bonuses
Daily bonuses are incentives that allow you to gain Sweatcoins by watching ads on the app. You’re allowed to watch a maximum of three videos a day.
You can watch one automatically and earn a Sweatcoin. To view the other two, you need to unlock the ads by tracking 500 and 1000 steps.
The number of coins you earn through watching ads ranges between 0.1 to a thousand swetcoins a day.
How much can you earn?
You earn from the app by accumulating Sweatcoins.
Your membership level determines the amount you earn. For every a thousand steps you walk and track, you make 0.95 Sweatcoins.
The app deducts 0.05 worth of Sweatcoins as a commission. To get an idea of the Sweatcoin quantities you can accumulate, let’s go through the different membership levels.
There are four primary subscription levels on Sweatcoin. One level is free while the others require a monthly payment.
Payment is in Sweatcoins; you can use Sweatcoins from the free level to pay for a premium subscription.
No cash payments are allowed in three of the subscriptions. The four levels include:
It’s the basic level that you start with upon registration.
The maximum number of Sweatcoins you can earn on this level is 150 a month.
That translates to five Sweatcoins a day, which is equivalent to about five thousand steps a day.
The commission fee at this level is five percent. The app’s mover level is a great start to build a habit of walking to keep fit.
Once you’ve established a routine, it’ll be easier to move up into the other levels and increase your earning potential.
It’s the first level of membership upgrade.
Shaker costs five Sweatcoins a month. The level is popular as it’s commonly purchased as users try out the premium levels.
The level gives you a limit to earn a maximum of 300 Sweatcoins a month.
This translates to 10 Sweatcoins a day. You’ll need to track about thirty thousand steps in a month.
Quaker costs 20 Sweatcoins every month.
The level allows you to earn 15 Sweatcoins a day. That’s 450 a month.
To accomplish this, the number of steps equates to fifteen thousand a day.
The number of steps required is equivalent to 12 to 16 miles. This is a level recommended for runners, athletes, and very active users.
It requires substantial commitment to sustain.
It requires you to pay 30 Sweatcoins a month.
With this, you can earn 20 Sweatcoins a day by accomplishing twenty thousand steps.
The Breaker level has a minimal number of users. Only a fraction of runners and athletes utilize it.
5) Trouble Maker
It’s the last level recently introduced on the app. It’s different from the others as payment can be made in cash.
The subscription costs $1.49 a month, $6.99 for six months, and $12.99 yearly.
With this subscription, you’re able to earn a maximum of fifty Sweatcoins a day. That is pretty significant as it expands your earning potential.
That translates to one thousand five hundred Sweatcoins a month.
An advantage of the trouble maker level is that it gives you access to other benefits- much more than your earning limit.
For every coin you make, you get double. It means that you’ll walk half the required steps to earn a given number of Sweatcoins.
The Sweatcoin app makes payments in the form of offers and rewards in the app marketplace. There are no cash payments when it comes to redeeming accumulated coins.
You’re able to earn rewards such as clothing, electronics, accessories, courses, and self-care products and services.
The offers are updated daily and vary from time to time.
If you find an offer or reward that pleases you, it’s best to quickly redeem as you might not find it the next time you check.
The rewards are available in three main categories:
Items in this section are easily attainable as they require between twenty to fifty Sweatcoins to redeem.
They ran out very fast as many users can accumulate the required coins. Daily offers comprise free trials, discounts in stores, and low-priced gift cards.
As the name suggests, offers in this category take time to earn. They require you to redeem a substantial number of coins.
You’ll need at least twenty thousand accumulated points.
Most noteworthy, the prizes are worth the wait. They include actual products such as new I-phones, Apple watches, holiday vouchers, and TVs.
The crowdfunding alternative enables users to donate their coins to charity.
There are crowdfunding campaigns that support many causes around the world. They range from education-based to, humanitarian such as helping refugees and health programs.
You can check out the successful crowdfunding campaigns on the blog here.
All the coins that users contribute are aggregated and are visible on the offers page.
Redeeming Sweatcoins for Cash
The app has not provided an official channel to redeem Sweatcoins for cash.
However, there is a method you can employ-although risky.
You can trade the coins on the app; nothing stops you from selling the coins for cash.
All you need is to find a willing buyer and discuss selling terms. They can then send cash through Paypal, and you can transfer the coins to them.
I’ll emphasize that this method is tricky. Don’t try it unless you’re willing to lose the accumulated points.
How does Sweatcoin earn money?
You might be wondering how Sweatcoin keeps functioning while rewarding you for tracking your steps.
Well, there are several ways that the Sweatcoin app makes money.
The major contributor to the fund is through investors. It has been able to receive funding that keeps it going.
According to CrunchBase, Sweatcoin has total funding of 6.3 million US dollars. It comprises four team members and twelve investors.
The second way that the app keeps running is through collaborating with partners. It works with insurers, governments, and partners that value improving users’ lifestyles across the globe.
The brands have a goal to reach conscious audiences. Insurers hope to encourage healthy lifestyles, and governments aim to reduce the cost of healthcare.
All these partners pay the app to be featured on the Sweatcoins’ marketplace. They work together with the app members to actualize their goals.
There are also ads on the platform.
The last method that Sweatcoin can make money is through subscriptions and commission. Like earlier discussed, a commission is charged for every coin you earn.
The subscription charges for the premium levels also add money to the Sweatcoin company.
- Sweatcoin has a simple sign-up process.
- Using the app is straightforward and free.
- The application works automatically in the background. Your steps are tracked as long as your device is with you.
- There are several ways to accumulate Sweatcoins on the app. It increases the opportunity to earn more over time.
- The app promotes your well-being as you’re able to walk more and improve your health. You get motivated to walk more when you know that you’ll get rewarded.
- You’re able to redeem the Sweatcoins for several offers in the Sweatcoin marketplace.
- Running the app in the background drains your battery power, especially when tracking for long periods.
- There’s a limit to the number of Sweatcoins you can earn a day. You may take longer to make significant earnings.
- At times, the app may fail to track your steps. You may need to keep checking that the app is working. Getting assistance from the support team may be slow.
Is Sweatcoin Worth it?
Having used the free version of Sweatcoin, we can confidently state that the app is safe, and you do get paid to walk.
It is, thus, legit.
The only challenge is the long duration to accumulate points to get worthwhile rewards.
You can overcome this challenge by using all the methods available to accumulate points.
Enroll your friends and family in the app for referral points. Take a step further and participate in challenges to encourage yourselves to track more steps.
Sweatcoin is a legitimate fitness app that pays you to walk.
It’s a great application that provides a passive source of income while promoting a healthy lifestyle.
The registration process is straightforward as you can download it using an Android or iOS device. Once you download the app, you automatically join the mover level.
It’s a free plan, and you can comfortably earn. There’s a cap in this open plan, and the only way to increase the limit is to pay for the other premium levels.
One Sweatcoin is equivalent to a thousand steps. The app takes out a five percent commission on each coin you accumulate.
To redeem the coins, there are three options; daily or marathon offers and crowdfunding.
The advantages of using Sweatcoin outweigh the downsides. It’s a worthwhile endeavor to engage in if you’re looking to keep fit and earn rewards.
- What is Sweatcoin?
- How Does it Work?
- Ways to Earn Sweatcoins
- How much can you earn?
- Sweatcoin Subscriptions
- Redeeming Sweatcoins for Cash
- How does Sweatcoin earn money?
- Is Sweatcoin Worth it?