Sweatcoin is one of the pioneers of rewarding user behaviors and lifestyle development. Turning motivation into success remains one of the top priorities of the Sweatcoin app. Sweatcoin is a lifestyle and fitness exercise app that rewards users for walking.
The concept behind Sweatcoin is similar to move-to-earn apps. However, unlike move-to-earn apps, Sweatcoin does not feature any blockchain-based asset or reward.
Instead of tokens, the Sweatcoin app rewards its users with its in-app Sweatcoin tokens, a non-cryptographic quasi cryptocurrency for every 1,000 steps they walk.
Once you walk a thousand steps outdoors, you get a Sweatcoin. Meanwhile, any indoor steps, including walking around the house, within the office, or at the gym, do not count.
Sweatcoin users can exchange their tokens for various in-app purchases, including goods, services, and experiences within the app’s Marketplace. For instance, you can get a health app subscription, tech item, or even donate your earnings to charity or crowdfunding.
However, it is almost impossible for regular Sweatcoin users to withdraw their Sweatcoin earnings via PayPal. Still, this guide will take you through how you can withdraw your money from Sweatcoin to PayPal hassle-free.
How Sweatcoin Works?
Sweatcoin is a mobile-first lifestyle app that is available for both Android and iOS users. The app tracks user data from the GPS of fitness tracker devices or GPS-enabled smart devices like smart watches or smartphones. It also uses the accelerometer of mobile devices.
Meanwhile, Sweatcoin also provides high security for your personal and lifestyle data since access to GPS can potentially compromise your location data.
Once you register on the app, it accesses your location and GPS data to collect your day-to-day lifestyle data and ensure users record genuine outdoor steps without cheating. The app gives users 0.95 SWT (sweatcoin) for every 1,000 steps they take outdoors.
Unfortunately, walking alone is not enough for you to withdraw your Sweatcoin earnings. Although you can use your Sweatcoin to buy high-premium goods or services from the marketplace, you must join the Sweatcoin Influencer Program before you can withdraw with PayPal.
Sweatcoin Influencer Program
Sweatcoin Influencer Program allows Sweatcoin users to earn passive income by inviting other users to the app.
The Program gives you access to the Influencer Hub, where you can promote Sweatcoin on various social media and claim rewards for every new and unique referral.
Becoming an Influencer with Sweatcoin is easy and simple. All you need to do is invite 20 new users to the platform with your unique referral link.
To see your referral link:
- Log in to your Sweatcoin app. Navigate to your profile and click on SETTINGS.
- In your profile setting, tap FIND AND INVITE FRIENDS to copy your referral link.
Once a new user registers with your referral link, they must download the app and create a new account using their personal details, including email address, phone number, and Apple or Google ID. Meanwhile, the invite will be recorded once the new user starts recording their outdoor steps with Sweatcoin.
Once you’ve clinched your 20th unique invite, you will automatically receive a Sweatcoin Influencer Program Welcome mail.
After joining the program, you must choose your Country of Residence in the Influencer Hub. In the Huh, Influencers have access to pre-made promotional content from Sweatcoin.
You can also curate your content and promote the app on any of your social media. However, ensure your promotional content meets Sweatcoin’s marketing and promotional guidelines. Once you include your referral link and a new user register with the link, you earn Sweatcoin rewards.
How to Cash Out Sweatcoin Balance to PayPal?
Sweatcoin Influencer Program has given users, especially content creators and social media influencers, a great opportunity to earn money by promoting the app.
To withdraw Sweatcoin with PayPal, all you need to do is claim any eligible PayPal offers from your REWARDS in the Influencer Hub.
Here’s how to withdraw Sweatcoin with PayPal via the Influencer Hub:
- Log in to Sweatcoin Influencer Hub via your account
- Go to Influencer Hub
- Redeem with PayPal
- Complete Withdrawal Form
1. Log in to Sweatcoin Influencer Hub via your account
Open your Sweatcoin app. You should be auto-logged in if you frequently use the app. However, you can also click on LOG IN TO MY ACCOUNT.
On your Sweatcoin home screen, go to the Sweatcoin marketplace by clicking on the ‘shopping bag’ icon in the lower navigation bar.
In the marketplace, you will see different options to redeem your Sweatcoins through gift cards, charity, or devices. Meanwhile, the available offer varies with country.
2. Go to Influencer Hub
As mentioned earlier, you need to be a beneficiary of the Sweatcoin Influencer Program before you can withdraw with PayPal.
To access the Influencer Hub, click the profile icon in the right corner of the lower navigation bar.
In this section, you can view the Hub, your profile, earnings, challenges, and other personal sections.
In the Influencer Hub, scroll down to the REWARDS section to view eligible PayPal offers that you can withdraw.
3. Redeem with PayPal
To withdraw with PayPal, select any PayPal offer within your invite limit. Offer available range from $10/$25 to $1000.
Once your invite is enough to qualify you to redeem any offer, the offer will be automatically highlighted in green.
Click on any eligible offer. This should redirect you to a guide and step by step guide on how to claim your Sweatcoin with PayPal offers.
On the next page, click ACCEPT AND CONTINUE.
4. Complete Withdrawal Form
Once you accept to withdraw your coin, your request will be verified, and a PayPal withdrawal coupon code will be sent immediately.
Copy the 4-digit code. Scroll down and tap COPY & GO TO TYPEFORM. Here, you can fill in your PayPal details and submit the withdrawal coupon code too.
Once your withdrawal details have been confirmed, you will receive your earnings via your PayPal account.
Earning from exercise with Sweatcoin is much harder than you think. To earn one Sweatcoin, a user must walk 1,000 steps which are about 0.7 kilometers.
Most people walk about 10 to 20 kilometers daily, which is about 29,000 steps daily. With this, an average user can earn 29 Sweatcoins daily.
However, the value of Sweatcoin goes a long way to determining the long-term profitability of this project. It is estimated that 1 Sweatcoin is worth $0.05. At this rate, an average user can only earn up to $1.45 worth of Sweatcoin daily.
Valuable items in the Sweatcoin marketplace are about 20,000 Sweatcoin. Therefore, it may take up to two to three years before a user can buy any valuable item with their Sweatcoin earnings.
Apart from the low value of Sweatcoin, a lack of physical activities can also greatly impact Sweatcoin’s earnings. Unfortunately, Sweatcoin’s data verification algorithm is also flawed. Therefore, some of your steps may not even count.
Meanwhile, the free version of the Sweatcoin app limits user earning to 5 Sweatcoins daily. Therefore, only 5,000 steps will count for you daily if you’re using Sweatcoin for free. At this rate, it will take approximately 11 years to redeem your earnings with a valuable item.
However, leveraging other options including the Premium Sweatcoin subscription and Sweatcoin Influencer Program is advisable. With these options, you can be sure you’re getting the best for your money.
In summary, Sweatcoin is an innovative development that has turned an essential part of our lifestyle into a monetizable program.
With Sweatcoin, people are incentivized to prioritize their health and fitness rather than living a sedentary and unhealthy lifestyle. This enabled users to further build a formidable body defense and sound mind to achieve fitness goals.