5 Easy Steps to Cash Out in Sweatcoin

Sweatcoin Cash Out

Sweatcoins are a type of digital currency that can be earned by walking, running, or cycling. The app tracks your steps and rewards you with Sweatcoins, which can be used to purchase a variety of goods and services. However, many people wonder how to cash out their Sweatcoins for real money. In this article, we will provide a step-by-step guide on how to do just that.

Before you can cash out your Sweatcoins, you will need to create a Sweatcoin account. Once you have created an account, you can start earning Sweatcoins by walking, running, or cycling. You can also earn Sweatcoins by completing surveys, watching videos, and referring friends. Once you have earned enough Sweatcoins, you can cash them out for real money.

Instant Cashout to PayPal

Sweatcoin allows you to cash out your hard-earned SWC for real money via PayPal. The process is quick and straightforward, making it an attractive option for those looking to monetize their daily steps. Here’s a detailed guide on how to cash out your SWC to PayPal:

1. **Link Your PayPal Account:** Before you can cash out, you need to link your PayPal account to your Sweatcoin app. To do this, open the app and tap on the “Cash Out” tab. Then, select “PayPal” and log in to your PayPal account. Once linked, you can proceed to withdraw your earnings.

2. **Select the Amount:** Enter the amount of SWC you want to cash out. You can choose from the predefined amounts or set a custom amount. Keep in mind that the minimum withdrawal amount is 1000 SWC.

3. **Confirm Cashout:** Once you’re satisfied with the amount, tap on the “Cash Out” button. Sweatcoin will process your request and deposit the cash equivalent to your PayPal account within 24 hours.

Note: Sweatcoin incurs a 10% fee for each cashout. This fee is automatically deducted from your SWC balance during the transaction.

Amount (SWC) Cash Equivalent (USD)
1000 0.05
10,000 0.50
100,000 5.00
1,000,000 50.00

In-App Purchases

Sweatcoin offers a variety of in-app purchases that can enhance your fitness experience and speed up your progress towards cashing out. These purchases include:

  1. Subscriptions: Sweatcoin offers monthly and yearly subscriptions that provide access to exclusive features, such as increased daily earning limits, faster cash out times, and ad-free use of the app.
  2. Energy Drinks: These virtual energy drinks give you a temporary boost in your daily earnings.
  3. Watches: Sweatcoin partnerships with watch manufacturers allow you to purchase high-quality watches using your accumulated Sweatcoins.
  4. Charity Donations: Sweatcoin allows you to donate your Sweatcoins to various charities, supporting organizations that are making a positive impact.
  5. Other In-App Purchases: Sweatcoin also offers a variety of other in-app purchases, including exclusive shoe designs, fitness trackers, and online fitness classes.

Selling Sweatcoins to Third Parties

Once you’ve accumulated a substantial amount of Sweatcoins, you can cash out by selling them to third parties. Here’s how:

1. Find a Reputable Buyer

There are various online marketplaces and forums where you can connect with buyers interested in purchasing Sweatcoins. Some popular options include:

  • Sweatcoin Exchange
  • Sweatcoin Hub
  • Reddit’s Sweatcoin Subreddit

2. Negotiate a Price

The price of Sweatcoins fluctuates based on demand and supply. Research current market rates and consider the quantity of coins you’re selling. Be prepared to negotiate a fair price that works for both parties.

3. Arrange Payment

Once a price is agreed upon, determine the payment method. Common options include PayPal, cryptocurrency, or bank transfer.

4. Transfer Sweatcoins

After receiving payment, transfer the agreed-upon number of Sweatcoins to the buyer’s Sweatcoin wallet.

5. Verify Transactions

Once the Sweatcoins have been transferred, verify that you have received the agreed-upon payment. If there is any discrepancy, contact the buyer immediately.

6. Review Terms and Conditions

Before engaging in any transactions, carefully review the terms and conditions of the marketplace or forum you’re using. This helps ensure a safe and fair exchange.

7. Consider Exchange Rates

When selling Sweatcoins to third parties, keep in mind that exchange rates may apply. These rates can vary depending on the payment method and platform used.

8. Beware of Scams

Unfortunately, there are individuals who attempt to scam others in the Sweatcoin market. Be cautious of any offers that seem too good to be true, and thoroughly research buyers before making any transactions. Consider using reputable marketplaces with established trust systems to minimize the risk of scams.

Product

Price (Sweatcoins)

Monthly Subscription

200

Yearly Subscription

1,200

Energy Drink

5

Watches

Varies

Charity Donation

Varies

Exclusive Shoe Design

500

Platform Exchange Fee
Sweatcoin Exchange 5%
Sweatcoin Hub Free for basic members
Reddit’s Sweatcoin Subreddit Varies based on individual sellers

How to Cash Out in Sweatcoin

Sweatcoin is a mobile app that rewards users for walking and moving around. Users earn Sweatcoins, which can be redeemed for various rewards, including gift cards, merchandise, and donations to charity. One of the most popular ways to cash out Sweatcoins is to convert them into PayPal money.

To do this, you will need to first create a PayPal account. Once you have a PayPal account, you can link it to your Sweatcoin app. To do this, open the Sweatcoin app and tap on the “Settings” tab. Then, tap on the “PayPal” option and enter your PayPal email address. Once your PayPal account is linked, you can start cashing out your Sweatcoins.

To cash out your Sweatcoins, open the Sweatcoin app and tap on the “Cash Out” tab. Then, enter the amount of Sweatcoins you want to cash out and tap on the “Cash Out” button. Your Sweatcoins will be converted into PayPal money and sent to your PayPal account within 24 hours.

People Also Ask About How to Cash Out in Sweatcoin

Can I cash out Sweatcoins for real money?

Yes, you can cash out Sweatcoins for real money by converting them into PayPal money.

How long does it take to cash out Sweatcoins?

It takes up to 24 hours for Sweatcoins to be converted into PayPal money and sent to your PayPal account.

What is the minimum amount of Sweatcoins I can cash out?

The minimum amount of Sweatcoins you can cash out is 1,000 Sweatcoins.

Can I cash out Sweatcoins in other ways?

Yes, you can also cash out Sweatcoins by exchanging them for gift cards, merchandise, or donations to charity.