How’s it going, readers?
If there’s something that we all have in common here, it’s that we want to get more in shape this year. Or, we want to easily make some extra money on the side. Who doesn’t want to both look their best and have a passive income?
If you’re looking for an easy way to make money, there’s an app out there right now that promises to pay you to walk, literally. Sweatcoin is one of the top apps in the stores right now. It may seem too good to be true—after all, the thought of getting paid for something you do each day without thought is very attractive.
So far this year, we’ve been asked to do a Sweatcoin review a good amount of times. We get it! You want to know, can I make money with Sweatcoin? Is Sweatcoin a scam?
Well, we decided to give the people what they want. Over the past few months, we have used Sweatcoin ourselves so that we can answer any questions you might have.
Without further ado, let’s get into the ultimate 2023 Sweatcoin review!
Is Sweatcoin Worth it or a Scam?
Overview of Sweatcoin
So, what is Sweatcoin? You may or may not have heard of it already, but there’s a bit to know before we go forward with the rest of our Sweatcoin review. In this section, we’ll give you a general idea of what Sweatcoin is all about.
This app was released in 2014 by a company called SweatCo. The idea of the app was to create some sort of cryptocurrency that you could cash in on for certain items or gift cards. The cryptocurrency in question are the Sweatcoins (SWC) that you earn by walking. For every 1,000 steps you take, you earn 0.95 SWC. The way that the app tracks your steps is by syncing with your phone’s activity data.
Each Sweatcoin translates roughly to 0.05 cents, so for every 20 SWC you have, you’ve earned a dollar. Simple, right? Well, it’s definitely not going to make you a millionaire overnight, but if you’re in things for the long haul, it could definitely pay off.
Once you have enough and can start to redeem Sweatcoins for real money or items, you can look in their store. Sweatcoin partners with a few retail stores to offer gift cards, elite products, and more. In fact, if you want to help make a difference in the world, you can donate to charities that are featured in Sweatcoin’s marketplace!
Overall, Sweatcoin is an app that promises a lot, and can definitely seem too good to be true.
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Is Sweatcoin Legit?
This is the age-old question about Sweatcoin. There has to be a catch when something promises to pay you for doing virtually nothing more than you normally would.
You might think that the catch is the low conversion rate, but that’s not it. Sweatcoin is able to track where you go, and they could potentially be using your location data to help out advertisers and monetize their idea. Or, they could be making their money through ads you can watch in exchange for extra Sweatcoins.
The location tracking may seem sketchy, but it all comes down to what you’re okay with. Tons of apps on your phone use your location data and letting Sweatcoin use it won’t make much of a difference in your day-to-day.
Overall, the whole idea of Sweatcoin isn’t a scam. It may take a long time as the top prizes are worth from 10,000 to 20,000 Sweatcoins. However, the ones who reach this amount (and there have been many) do receive their prizes.
So, it’s up to you whether you feel comfortable with the ways Sweatcoin makes money. If you choose to stick it out, you could end up with something really valuable in exchange for your steps and your time.
Where does Sweatcoin Work?
As of now, the application is operating in more than 50 countries. These include the following amongst others.
How Does Sweatcoin Make Money?
Sweatcoin has partnered with several brands that are featured in their marketplace. In addition, the application also has in-app video ads which make money for the company.
Furthermore, some health insurers and governments have also shown interest in Sweatcoin’s services. The stakeholders are willing to reward the individuals that exhibit healthy and active behaviors.
Pros and Cons of Sweatcoin
Sweatcoin has the following benefits and shortcomings
Benefits of Sweatcoin
- It pays you to walk. Although it is not much, users get rewards for healthy practices
- The application is simple to use
- The latest version of the application counts both indoor and outdoor steps.
- Application has several challenges that users can take part in and challenge their friends as well.
- You can also transfer Sweatcoins to friends. It would be helpful when one of you does not have enough to redeem. When the coins of both friends are cumulated, it is likely that they would meet the redemption limit.
Downsides of Sweatcoin
- On the basic plan, the troublemaker, there is a limit to the number of coins that users can earn. It is 10 Sweatcoins per day which may take a long time before users achieve the redemption limit.
- Some users have reported that the application drains the battery too quickly. It is possible because the application uses GPS and other sensors which run in the background to track movements. These components can drain the battery quickly on phones that have low power capacity.
- In order to track the steps, the application also tracks movement. The company can use it to understand your whereabouts and activities. Some users may not feel too comfortable with it.
Is Sweatcoin Safe to use?
By and large, Sweatcoin is a legit application and safe to use. The application has 4.2 ratings on the Apple App Store and has more than 10,000 reviews. Furthermore, the application also has a similar rating of 4.2 with more than 140,000 reviews on the Google Play Store as well.
Users have also given an excellent rating of 4.6 on Trustscore with over 500 reviews. Moreover, in several countries, Sweatcoin is the number 1 fitness application on the app stores.
But most importantly, the app promises to not sell data to third-party which is reassuring for users. If the application is ever found to be leaking the data, users can file the lawsuits in their respective countries. Hence, on the surface, there seems to be no problem with the Sweatcoin.
You can also read more about privacy and data policy in the Terms and conditions of the application.
How Much Does Sweatcoin Cost?
The application is free to download but it offers membership plans. You do not have to pay the subscription with money but with Sweatcoins that you will earn. Following membership options are available:
This level is completely free but puts a cap on the maximum coins that users can earn. The limit is 150 coins per month.
Shaker lets the users earn up to 300 Sweatcoins per month but it costs 4.75 coins as a membership fee.
Quaker allows users to earn up to 450 coins per month but charges 20 Sweatcoins for it.
It is the most premium plan that lets the users earn up to 600 coins per month and has a 30 Sweatcoins membership fee.
How to Earn Money on Sweatcoin
So, now we get into the fun stuff in our Sweatcoin review: making money by walking! There are a couple of things you have to do first before you can start earning. So, we’re going to give you a quick overview of how to get started with the Sweatcoin app.
Register Your Account
First, of course, you’ll need to register your account on Sweatcoin. All it will ask you for is an email and password combination to get started. Once you enter the correct information in the fields, you’ll get a confirmation email.
Once you have successfully registered your account, you’ll be ready to go to the next step!
Choose a Membership
Now, before you start walking, you’ll want to gauge how much earning potential you really have with your steps. The reason for this is that Sweatcoin membership comes in a few different forms.
Based on the number of steps you believe you will convert each day, there are a few different paths you can take. The membership tiers are basically subscriptions, but they don’t cost real money at all. Each membership tier comes with a cap on how many Sweatcoins you can earn each day.
You start out on the basic plan, which lets you earn up to 5 SWC per day. But, there are better options than this. For example, by “paying” 4.75 SWC per month, you can get into the Shaker plan and earn up to 10 SWC per day.
The Shaker plan is a great option for more casual walkers, but there are higher tiers for those who walk or jog more religiously. On the Breaker plan, you can earn up to 20 SWC per day for 30 SWC per month. So, in all, it should be up to you. These plans are only worth it if you believe you can easily make back the difference of what each plan costs in Sweatcoins. If you are on the Breaker plan and do about 25,000 steps per day, you will have paid off your membership in just two days!
Now that you’ve assessed what plan you should be on and familiarized yourself with the Sweatcoin app, you’re ready to start earning cash!
At this point, all you have to do now is make sure that the Sweatcoin app is synced with whichever app you use to track your steps. Definitely make sure of this before your first walk! Once everything’s all set, go out and enjoy the outdoors while making a bit of money.
Refer Friends to Sweatcoin
Like many apps, Sweatcoin offers a reward if you refer your friends to use it as well. The reward for inviting a friend that signs up with your referral link is 5 SWC each. Send your referral link to as many people on your contacts list as you’d like. Then, if anyone signs up, expect a few extra Sweatcoins to be transferred into your virtual account!
In our experience, it has been pretty clear that getting a lot of Sweatcoins can take time. However, the prizes and redemption options are almost mouthwatering at times. So, you probably want to know what happens once you get to the point at which you can afford some cool items.
When to Redeem Your Money
Regarding when it’s time to redeem Sweatcoins for money, you’ll have a few things to consider about the timing. The main thing about redeeming Sweatcoins is that the offers are always changing, and the costs of the items can vary greatly.
In general, if you see an item you want and you have enough for it, the best course of action is probably to go for it. There can be a lot of super attractive offers at the top of the price list, but you’ll have to be realistic with yourself.
For example, some of the top prizes on Sweatcoin can go for 20,000 SWC. If you’re earning 400 SWC per month, this will still take years to achieve. However, 400 per month is nothing to sneeze at, and you can still get some seriously cool prizes for less.
It’s up to you if you want to stick it out for the long haul. When it’s time to redeem your points is up to you, because prizes will change often—it’s a risk you’re taking if you let something go that won’t return to the marketplace.
What Can You Get on Sweatcoin?
So, you probably were wondering about what kinds of prizes or offers you can redeem your hard-earned Sweatcoins for. What kind of Sweatcoin review would this be if we didn’t let you in on the big-ticket prizes? There are many awesome things you can get Sweatcoin.
First, we’ll start with the lower-end redemption offers. Typically, these will range between 5 to 100 SWC, and will be good for discounts or free trials on certain products or subscriptions. This may seem like it’s not much, but you can get really great deals exclusive to Sweatcoin users if you are using the app more casually. Over time, you could save a lot of money on certain items and redeem your Sweatcoins often!
Mid-tier items you can get with Sweatcoins usually involve one-off free products from certain retailers. As of now, there’s a free women’s swimsuit from Sunny Co. for 300 SWC and some immune vitamins for 200. Small products aren’t going to be as attractive as the auction items, but they’re another great way to get perks often. Instant gratification can be a great thing!
The high-ticket items can include things like trips to Iceland, $1000 gift cards to popular stores such as Adidas, and high-end products such as drones and Theraguns. As of 2021, the way to get these items is mostly to participate in auctions. Once you get to around 16,000 SWC total, you’ll have a pretty good chance of winning! There’s a new auction every day or two, so even if you don’t win immediately, you can try as much as you want.
Can You Make a Lot of Money on Sweatcoin?
While we mentioned before that it’s not going to make you a millionaire overnight, there is a good chance that you can earn yourself some good prizes with Sweatcoin. To expedite the process and help you earn as much as possible, we have a few tips we learned over the past few months that might be helpful to you.
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Tips for Earning on Sweatcoin
Here are the best ways to maximize your earnings from Sweatcoin:
Turn on GPS
If you want to maximize how much money you can make from Sweatcoin, make sure that your GPS is turned on with the app. This way, all your steps will count and you won’t risk losing out on precious SWC!
Choose the Right Plan
This one is very important. If you’re not a huge walker but want to make some money for the smaller offers, make sure you’re not committing to a larger plan. There’s no reason to pay 20 Sweatcoins per month if you’re not going to convert as many steps per day. For the most cost-effective way to earn, choose the plan you know is best for your capabilities.
Use Daily Video Bonuses
Each day, you’ll be able to watch 3 ad videos sponsored by Sweatcoin’s partners. After each video, you’ll earn an amount between 0 and 1000 SWC. Most of the time, the prize is between 1 and 3, but it can really add up if you do this each day.
Use Your 2x Boost Each Day
For 20 minutes each day, you can activate a 2x boost on the Sweatcoin app. It’s best to do this when you are walking quickly or jogging so that you maximize the boost!
So, we hope that this 2023 Sweatcoin review helped you make a decision on whether to install it or not. We used it for the past few months and have already started earning a good amount ourselves.
Overall, Sweatcoin is an app that pays you to walk, incentivizing you to exercise while earning a bit of extra buying power. Even if you aren’t in it for the long haul, you can definitely get in shape with more motivation to walk daily.
Best of luck in your journey to make extra money, and we hope that if you use Sweatcoin you make the most of it! If you liked this Sweatcoin review, let us know in the comments.
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