How does Sweatcoin work?
📱 Install the app.
🏃♀️ Go for a walk or run.
💲 Earn Sweatcoins for each step that you take.
🛒 Spend your Sweatcoins to buy stuff online!
Sweatcoin is an app that pays you for walking!
Sweatcoin is an app that you install on your iPhone or Android phone. (The app is releasing to other phones as well as the company gains popularity.)Download the free Sweatcoin app in the App Store or Google Play Store.
How to use Sweatcoin
You keep the app open in the background and it will track your movement throughout the day, rewarding you about 1 Sweatcoin for every 1,000 steps you take outside. The app does not reward Sweatcoins for indoor steps in order to prevent misuse; it encourages outdoor physical activity.
When you collect a few coins or more, you can exchange them for offers in the app. These offers can be absolutely anything - digital watches, online memberships, food, drinks, shoes, clothes, running gadgets, music/software downloads, digital services, and more.They release new offers every day, and they typically have a limited quantity. I've noticed that some offers start at a low price, but as more people purchase them the price goes higher. This benefits the first people to purchase the offer by giving them a discount. On other offers, I noticed that the offer may start high, but if nobody purchases it, the price will drop. Keep an eye on the Offers screen every day to make sure you're getting the best deal.
Sweatcoins do not have real monetary value, though you can determine an offer's value by doing some basic math (read more on this).It was mentioned in December of 2016 that Sweatcoin was looking to gain valuation on a sort of marketplace. If this occurs, then the value of each offer would be more consistent. We may be able to sell our Sweatcoin for money, or buy Sweatcoins for money - this is a very likely scenario.
However, as of writing this, it does not seem to be coming in the near future. The limit of how many Sweatcoins you can earn per day is 5. However, for only 5 Sweatcoin per month, you can upgrade your daily limits to 10. And there are higher membership tiers depending on how active you anticipate being.
- Keep the app open
- Walk or run every day.
- Collect coins.
- Redeem coins for free gifts!