On a weekly basis, I get people come to me asking if they could convert their sweatcoin to PayPal and each time i get such question, I have always given the same answer and thankfully, my method have been helpful to my audience.
Do you wish to learn how to transfer your sweatcoin to Paypal? If yes, then you may need to hang on for a while and read through this post to see my method of converting sweatcoin to cash. But before I proceed with this method, I would like to do some introduction about sweatcoin as I sense not everyone who would come across this post already knows what sweatcoin is all about.
Introduction to sweatcoin
Exercising is a major necessity in life as it helps ensure your body systems function optimally and devoid of any life threatening illness but the big question here is how often do you exercise? How often do people exercise? There are people who feel the need to exercise but for one reason or the other, they never find the motivation to exercise.
For instance, an obese person may love to shed some weight while other people may want to get into good shape and the best way to do this is through exercising, almost everyone knows this fact but sadly, not almost everyone does this.
Now, this is where sweatcoin comes in – the motivation to exercise and lead healthily. Sweatcoin has a way of giving people that extra motivation to do more. If you find yourself not exercising despite obvious reasons you should be exercising, or you have exercised for a long period and you don’t see the desired result and you are thinking of quitting, then sweatcoin is what you need.
Sweatcoin is no more or less a digital currency like bitcoin and the rest. It was created by a firm in 2014 to push and motivate people to stay healthy by offering reward for exercising. Amazing, isn’t it? The beauty and importance of the program is immeasurable. After gaining lots of coins for carrying out exercises, users cash out on their coins through various methods. In this post I would teach you how to convert your sweatcoin to PayPal cash. Keep reading.
The sweatcoin program is a new and amazing way to make money while doing your routine. See our post on 35 Sure Ways to make 200 Dollars Daily if love to make more money.
What is Sweatcoin?
The introduction above is a peek into what sweatcoin stands for, but the question newbie might be asking is what exactly is Sweatcoin? Well, sweatcoin is a mobile app that tracks your daily movement which records in form of cash.
The term sweatcoin was gotten obvious from sweat, which you see as a result of working out and coin which is a reward of working out. The app has recorded massive download since its inception and users have given positive reviews and rating about the apps with only a few asking some questions about the app.
Subsequent sections provide answers to some of the frequently asked questions about sweatcoin including how to transfer sweatcoin to Paypal cash. Keep reading to get the full details about all you need to know about sweatcoin.
Where can I get Sweatcoin
Most people who learnt about sweatcoin from sources other than online have always asked the question where can I get the sweatcoin. Well, getting the coin is not a tall order as it is readily available to android and apple phone users through the respective stores – Google Playstore (Android) and iOS (iOS )
What are the Supported Devices?
Also, I have got a few people come to me saying Sweatcoin is not functional on their phones. Well, most times, I noticed these set of people have outdated version of Android phones. Please note that sweatcoin only operates on Android 4.4 or recent versions while for apple, it functions on iPhone 5s and above.
How Sweatcoin Works
Sweatcoin is free app readily available for download on android and iPhone as stated above, once you download the app, here are the steps you need to take for the app to be fully functional and you start earning sweatcoin.
Firstly, you would find a simple form once you open the app where you are asked to provide some information about you such as filling your name, phone number, email address and creating a username. Also, you would need to verify that you are ok with the app tracking your daily steps even when the app is not turned on.
After completing the registration then you are good to go, you can start working and making money (sweatcoin). To gain one sweatcoin you would need to take 1000 steps.
As of the time of this publication, the app only tracks steps. If you love swimming and wish to use the app to track your activities while swimming, I’m sorry to inform you that the app has no provision for such yet.
Also, I have got a few asked if the app works inside – the answer is NO. Once the app recognises that you are inside, it stops working, although a few people have said the app worked while at home.
Sweatcoin currently has no provision for conversion rate of sweatcoin to PayPal cash. This is a bit ambiguous because sweatcoin was created to be used for exchange of products online and not to be cashed out, although some of us have transferred our sweatcoin to PayPal, a method I shall review shortly.
Aside tracking your daily steps, Sweatcoin offers lot of amazing function more including serving as a repository for all things that has to do seatcoin. In the app, you can see how many Sweatcoin you’ll need to buy audiobooks, get an Amazon credit or even get your hands on a $1,000 Delta Airlines ticket, or an iPhone 8.
Also, the app keeps a history of your purchases, lets you see how other people are doing with the program as well as giving you the option to upgrade to a paid plan.
Things you can Buy with Sweatcoin
There are lots of amazing stuffs you can acquire with sweatcoin. Once you are certain to have enough sweatcoin, you can head to the Swaetcoin market place on the app to buy anything you want. Stuffs you can buy with coin include – iPhone 8, Samsung TV set, audiobooks, gift cards among others.
You’ll notice that all of the options are priced differently based on the cost of the product. Want $1,000 in cash from PayPal? It’ll cost you 20,000 Sweatcoin. A $50 Nike gift card costs 3,650 Sweatcoin.
These goods and services on offer at sweatcoin marketplace are from brands in partnership with the app so you expect the products to be cheap. The goods are often in high demand so that when offers are available in the marketplace, they are quickly snapped up. I encourage my readers to always leave between 5000 and 10000 sweatcoin on the app so they can readily purchase amazing products on offer.
Some products in the marketplace are offers for free while others are paid for sweatcoin including shipping cost for some products.
How to transfer Sweatcoin to PayPal Cash
Methods of transferring Sweatcoin to PayPal cash is all users want to know. I have got to answers a so many questions about the conversion of the coin to cash and this is what I have always told people. Converting sweatcoin to PayPal cash is possible but it is not as easy and straightforward as you would want.
Earning money through sweatcoin come in different forms such as exchanging your sweatcoins for Amazon gift cards which has significant value as cash. Although transferring your sweatcoin earnings directly to cash is impossible on the platform for now. The app has no provision for such transactions as of the time of this publication.
The reason why you can convert your swetcoin to Paypal cash as other digital currency like bitcoin is not far-fetched. Sweatcoin lacks an official exchange or financial marketplace to facilitate the interactions of buyers and sellers. You’ll see other crypto-currencies such as Bitcoin have plenty of these types of exchanges, but Sweatcoin does not.
This is due to the fact Sweatcoin is not a blockchain currency. There is no limited supply of the currency and demand for the coin is less simply because anyone can generate so much coin per day. Everybody walks and when you walk, you make sweatcoin so there is no need for the demand because the supply is limitless.
Unlike Bitcoin which has a limited supply and an increasingly high demand, Sweatcoin will continue to be generated by all of its app users, and the amount of Sweatcoin in circulation will forever increase without stopping.
So if the app has no platform for such conversion, how then do you convert the coin to cash? The answer to this question is why I decided to write the post as contained in the next section
Sell your Sweatcoin
I convert my sweatcoin to Paypal cash by selling it. Granted there areb not so much people looking to buy sweatcoin but you can still find a few who want to buy the coin all you need to do is go online and advertise your sweatcoin for sale and you are certain to get a handful of people willing to buy.
Most times the investors willing to buy your sweatcoin would quote the price extremely low and you have the option to either take or leave such offer. But when you consider the fact you made the coin by just walking, you are likely to take the buyer’s price.
Usually, buyers offer to pay between $0.02 and $0.06 (USD) for a coin, which is extremely low but when you consider you can make $10 for wek for covering a distance of 6 miles per day (i.e. 45-50 Sweatcoin per week), i say the offer is not that bad.
If you don’t wish sell your coins I advise you save them on the app because there are lots of amazing offers at the marketplace where you can use of the coins. Also, you may need to save up your coin so you have enough to trade when a buyer comes with a reasonable with considerable exchange rate.
see our post on 45 Fastest Ways to Make Easy Cash Online
What is the Future of Sweatcoin?
Sweatcoin was founded in 2014 and since its inception, the app has shown only signs of growth with thousands of people downloading the app on a weekly basis. Sweatcoin does not seem to be going into limbo anytime soon. I hear, the founders are currently seeking for ways to improve the app in terms of payment.
In one or two years to come, sweatcoin may be seen to have the same values as bitcoin and other coins with blockchain. So if you if you know walk a lot and you wish to convert your daily steps to money or goods and services, then you really should consider downloading the app.
Keep walking or running to generate more sweatcoin and when you see that you have substantial coin, use the coins to redeem impressive offers available in sweatcoin marketplace. Most of all, have fun with this fitness-based digital currency!