There are fewer and fewer excuses to exercise, so if you’re wondering how to earn money with Sweatcoin , all you have to do is download the app and let it start counting your steps. The more effort and willpower you put into it, the higher your balance of sweatcoins will be to be able to obtain benefits in its store, where you can buy various sports items or Internet subscriptions in which it is always good to get a discount.
The app’s performance is simple. Every 1,000 steps you will get a sweatcoin that you can redeem in the app store, so considering that experts recommend walking about 10,000 steps a day to maintain an active lifestyle, a day we can get 10 or even more taking into account account our level of activity indoors.
You can redeem these sweatcoins in the store , where you can find various offers that are constantly renewed, as well as discounts on subscriptions to services such as Audible, Tidal, etc. You can also aspire to higher rewards if you invest your sweatcoins in an auction.
HOW SWEATCOIN WORKS TO GENERATE MONEY
Although these benefits have their clear advantages, especially when compared to other applications that only keep track of the physical activity carried out, there is no shortage of people who want to know how Sweatcoin works to generate real money. At the moment this option is not contemplated, although there is good news for lovers of the crypto world.
As already specified in a previous article, during this summer it is expected that you will be able to exchange your sweatcoins for sweats , the official cryptocurrency of the application. To be able to do it, you will have to activate your wallet so that you can exchange your rewards accumulated in the app for this cryptocurrency, which can later be exchanged for other more established cryptocurrencies, such as bitcoin or ethereum .
HOW TO WITHDRAW THE MONEY OBTAINED IN SWEATCOIN
Doubts about how to get the money obtained in Sweatcoin are closely linked to this last point. The initial conception of the application implied that everything accumulated would be spent within the app store itself , but with this future incorporation of the wallet to be able to transform sweatcoins into cryptocurrencies to use, a door is opened to be able to end up converting your rewards into hard and cold money.
Of course, keep in mind that when making a transaction within the application , Sweatcoin applies a commission of 5% of the price (for example, when converting sweatcoins to sweats when this function becomes active during the summer). If we add to this the management costs when a user wants to exchange their cryptocurrencies for euros, we will have two commissions to think about when making an operation of this type.
All this, added to some errors in the step count that users report on the pages of Google Play and the Sweatcoin App Store , makes many begin to consider that the rewards in physical money may not end up being as worthwhile as they are. have the sweatcoins within the application and make a specific purchase through the store that only involves a commission. A matter of priorities and the impetus with which each one goes out to exercise every morning.