This review is all about the Sweatcoin. Do you want to know if this application can really help you earn some income from walking? Are you curious if it is legit or just a scam? Well, I suggest that you read this review in order to learn more about it.
What is Sweatcoin?
Company Name: Sweatcoin
Price to Join: Free to Join
My Rating: 7.2 out of 10.0
Sweatcoin is a really interesting mobile application that pays you digital currency for walking. The app pays you Sweatcoins to walk like you usually do. The app not only encourages people to walk, but it also rewards them well.
This is so much more than a normal activity tracker app. This app has been featured on the likes of Forbes, The New York Times and The Telegraph.
At the time of writing this review, their early access program is full. So, you may not be able to download this app, but they should allow more people to download this app later.
It has a rating of 3.9 stars on the Google Play Store, which is not great, but it isn’t bad either.
In this Sweatcoin review, I will take a closer look at this app and try to determine whether it is worth trying or not. You will also learn about all of the important details related to this app.
- How Does Sweatcoin Work?
- How Much Does It Cost to Join?
- How Much Can You Earn?
- Are There Any Complaints?
- Bottom Line
How Does Sweatcoin Work?
Before you can begin earning Sweatcoins, you have to download the app. It is available on both iOS and Android, so you should have no problems in finding the app on your phone.
The app works by tracking and verifying your outdoor steps. It uses your phone’s accelerometers and GPS location to track and verify your outdoor steps. They have developed a verification algorithm for this purpose.
The app is limited right now as it can only convert your outdoor steps into the currency. They use GPS as one of the inputs, so they can only track outdoor steps. However, they are trying to find a way to track indoor steps such as running on a treadmill.
It is not specified when this feature will become available, but I am confident that they can add this feature sooner than later.
They have limited the number of Sweatcoins that you can earn per day based on your membership level. They don’t charge you any money to upgrade to a higher membership level as you just have to pay in Sweatcoins.
Here are the different membership levels, their prices and earning limits.
Breaker: 30 Sweatcoins per month and earn up to 600 Sweatcoins per month
You can easily find out if you can upgrade or not. If the levels above your current membership level are greyed out, then you cannot upgrade your membership.
You will have to start walking and gather more Sweatcoins to have enough to upgrade your membership.
1,000 outdoor steps are equal to 0.95 Sweatcoins. They charge a 5% commission per Sweatcoin. Their commission is fair, and you can easily earn a few Sweatcoins per day if you follow an active lifestyle.
The Sweatcoins aren’t worth a lot of money. A Sweatcoin is not equal to a dollar. The value of a Sweatcoin varies, but it is much less than a dollar at the time of writing this review.
You can also earn by inviting friends to use this app. You will get 5 Sweatcoins for each referral. This means that you can earn Sweatcoins that you would have earned by walking 5,000 steps for inviting one friend.
So, the referral program is a great way to earn some Sweatcoins quickly.
One more way of earning Sweatcoins is through watching a daily ad. You just have to watch an ad for 30 seconds, and they will reward you with 1 Sweatcoin. This is a really nice way to earn some Sweatcoins easily.
One thing is for certain and that is the value of Sweatcoin has risen since the app was launched. They are planning to make Sweatcoin a full-fledged currency, so its value can rise over time. Right now, it is not worth a lot, but the future can be very bright.
Overall, this app is based on a great idea and evolving with time. I believe that this app will continue to do well and serve as a nice way to earn while becoming healthier.
How Much Does It Cost to Join?
It is free to download and use the Sweatcoin app. The best part is that they don’t even require you to pay money for the membership level upgrades.
I believe that they will continue to keep the app free and support it through ads and commission earned from Sweatcoins.
How Much Can You Earn?
You can’t cash out directly through PayPal or bank transfer at the moment. However, they have PayPal and Amazon vouchers along with a lot of other options for redeeming your Sweatcoins.
As I mentioned earlier, the Sweatcoins aren’t worth a lot right now. You cannot expect to become rich by using the app.
I don’t know if you would be able to use the referral program as their early access program is full. Maybe, people can still invite friends, but I don’t think that is the case. The ads can only allow you to earn a limited amount of Sweatcoins. So, you have to rely on walking to earn the majority of Sweatcoins.
You can upgrade your membership, but it will not benefit everyone. Not all people will walk enough to take advantage of the upgraded membership. So, you need to see how much you are walking and decide if it is worth upgrading or not.
In certain cases, the users will earn a lot more because of membership upgrades.
Overall, the earning potential is pretty low right now. You are earning something for getting healthier, so it is not a bad deal at all. In the future, the value of Sweatcoins may go up, and then it could be much more profitable.
However, the future is unpredictable. We can’t rely on the value to go up, so it would be better to redeem the Sweatcoins when you have enough for gift cards.
Are There Any Complaints?
Yes, I have listed some complaints below.
“It’s barely beneficial to use as only 65% of your steps count.”
“They made me have to go get a whole new debit card because they said I won free earrings and then took out about $300 on my card, and they didn’t even respond when I reached out to the customer service.”
In my opinion, Sweatcoin is certainly not a scam. I think that you can try this app if you want to earn something and get some motivation for improving your health.
This is not going to make you a part-time income, so keep that in your mind.
Nevertheless, The final decision is yours. Good luck and choose wisely.
- Great idea
- Plenty of options for redeeming Sweatcoins
- Easy to use
- Low value of Sweatcoins
- Issues with counting steps
- Issues with customer service
How Can You Earn Money Online?
It seems like you want to try the Sweatcoin app because you are determined to find a new source of income. It also feels like you just want to have an alternative sideline that can help you in paying your expenses and bills.
But let me tell you that this type of mobile application can’t give your desired income. Even though you spend that much time and effort into it, it is still not enough to earn you a living.
On the other hand, if you are still looking for new source of earning, then you can also take a look into my personal choice.
My best suggestion would be through making your own online business with a support from community. Basically it is a modern way of making money. And it doesn’t require any selling.
Right now, I am on my third year in this type of business and I am already enjoying the fruits of my labor. So, I want to share my success with you.
If you have more questions and concerns about Sweatcoin, feel free to comment it below and I would be glad to interact with you.
Let me hear your experiences on the comments below!