SWC - Sweatcoin. Is Sweatcoin A Scam?

Is Sweatcoin A Scam?

Spread the love

Sweatcoin

free
3

Price

5.0/5

Value

1.0/5

Pros

  • Its Free To Join
  • May Incurrage You To Walk
  • May Be Woth Something In The Future

Cons

  • May Be A Privacy Risk
  • Your GPS Need To Be Active
  • May Drain Your Phone Battery

Is Sweatcoin A Scam?

What is Sweatcoin? It is digital currency you earn by being active. To accumulate it, you first need to download the Sweatcoin app and keep it running on your phone at all times.

Any time you walk or run outside, it tracks your steps and pays you in sweat coins (SWC). For every 1,000 steps you take, you earn just under 1 SWC. Sweatcoin app is available on both smartphones and wearable.

It’s available for iOS and Android, as well as for the Apple Watch.

After accumulating enough SWC, you’re then able to redeem them for items like sports watches, Amazon credits, music downloads, e-Books, airline miles, or gift certificates to various retailers.

Offers constantly changed and are largely based on whatever deals Sweatcoin has made with various retailers.


How Does It Work?

This app gives you the opportunity to work and sweat for your money. Literally. Once you’ve successfully downloaded the free app, you’ll need to take some steps before you can start earning Sweatcoin.

Sweatcoin walks you through the process of creating an username and verifying that it’s fine for the app to know where you’re going and track your movement without your app being open. It’ll also ask for your email address and phone number.

Once you’re fully verified, the app opens, and you’re ready to start walking.

It does allow for upgrades to the base membership but that does require a payment — in sweat coins.

For example, five SWC per month pushes you to the level of Shaker where you’re allowed to earn 10 sweatcoins per day. The next membership level is Quaker which costs 20 SWC per month and permits 15 SWC a day.

Finally, the Breaker membership costs 30SWC per month and allows for up to 20 SWC per day

Sweatcoin currently offers a referral program. For every friend you refer, you can get 5 sweat coins. The more friends you refer, the more rewards you can get!


What Is The Drawbacks?

The downside? It only works if you walk or running. You need to keep the app and GPS turned on to make it work.

So this will have a great impact of your battery life throughout the day. Plus you can only earn 5 SWC each day. For free.

Sweatcoin also collects data on your location and steps — data that it may sell to marketers, as outlined in its privacy policy.


Make Money The More You Walk

When you install the app, you are automatically subscribed (for free) to the Mover Subscription.

This is the free level and it allows you to earn up to 5 sweat coins per day (roughly 5,000 steps a day), and up to 150 sweat coins per month.

If you want to earn more, you need to move up to one of the paid subscriptions.

SWC - Sweatcoin

  • Shaker

Cost: 4.75 SWC/month

With the shaker subscription, you can earn up to 10 SWC (10,000 steps) per day and up to 300 SWC per month.

  • Quaker

Cost: 20 SWC/month

With the Quaker subscription, you can earn up to 15 SWC (15,000 steps) per day and up to 450 SWC per month.

  • Breaker

Cost: 30 SWC/month

With the breaker subscription, you can earn up to 20 SWC (20,000) per day and up to 600 SWC per month.


What Do I Need To Earn SWC?

Sweatcoin is designed to work with iPhones and the Apple Watch on the Apple side, though only the iPhone 5s or newer devices are compatible.

Over on Android, you’ll need to have a handset that has Android 4.4 or newer.

How Much Is SWC Worth?

Think of Sweatcoin as real money you can spend on very specific offers.

Think of it like a Gift Card. You might get a Starbucks Gift Card for Christmas – this Gift Card is as good as real money at any Starbucks, though you cannot spend it anywhere else.

If an offer serves no purpose to you, then simply save your coins for another offer that you would have purchased for real money anyway.

That way you can treat your Sweatcoins as potential real money to spend! You’ll notice that all the options are priced differently based on the cost of the product.

Want $1,000 in cash from PayPal? It’ll cost you 20,000 Sweatcoin. A $50 Nike gift card costs 3,650 Sweatcoin.

How much is a Sweatcoin worth? Since you get 1,000 USD for 20,000 Sweatcoins, a Sweatcoin is worth 0.05 USD.

For example, if an offer costs 150 Sweatcoins and gives you $10 off, that’s about $0.07 per coin value.

Another offer might cost 700 Sweatcoin and give you $185 off a high tech product. Doing the math (185 / 700) you find that those coins are worth $0.25 each – a much better deal!


So What’s The Purpose Of SWC?

Can you trade SWC for cash? According to co-founder Oleg Fomenko, the long-term vision includes plans to develop an “open-source blockchain DLT technology that will allow Sweatcoin to be traded like any other major crypto- or fiat currency.”

For now, however, the currency essentially operates like a rewards program similar to those you find with airlines, credit cards, and various mobile apps.

Scientific studies on whether fitness trackers actually change behavior have been largely inconclusive.

Some studies suggest that for specific populations, like people who have been diagnosed with heart disease or are obese, fitness trackers can motivate them to move more, at least for several months.

Others studies find that while using the devices may be helpful for certain people, they don’t necessarily drive behavior change on their own.

This is something that Sweatcoin co-founders Oleg Fomenko and Anton Derlyatka are aware of. But they believe Sweatcoin will be different.

The whole point of the app is to get moving outside more.


Is It A Scam? If Not, Is It Worth The Sweat?

Its surely not a scam. And in time being 1 SWC is worth $0.05. In time this can change. It could be the next crypto currency worth some decent money.

The thing with this currency is there is no limit on how much you can possible make. And people are buying and selling SWC already. But it’s not on the open market. Yet.

Only time will tell what kind of crypto currency that will provide some value. But what do you have to lose? Other than some calories that is.

Warning: this is a fitness app, so you may be healthy if you decide to use this!

Have you experienced with this app and SWC? Other cryptos you will recommend? Please, let me know below


If You Are Into Any Kind Of Cryptos Or Forex Trading…

You need to learn how it works and somebody to show you. This is for beginners as well as experts: Binary Option Trading Room Review.


 

Final Words

Everyone can make money online. I have even show you how to getting started for FREE. How far you are willing to go is totally up to you.

But to succeed online and have it as a full time business you need to follow surten steps, invest in a coach and even pay for advertising and traffic.


Before You Leave…

You should take advantage of this tool below and learn the proper way of making a website, keyword research, and SEO.

That´s important skills to master to succeed with an online business.

Try Out This Amazing Keyword Research Tool


Build Your Own Wbsite Right Here!

Check Out This Video How Easy It Is TO BUILD YOUR OWN WEBSITESee How Easy It Is To Build Your Own Website At Wealthy Affiliate

My #1 Suggestion For Generating Income Online

If you’re worn out, tired and sick of all the scams online, have a look at my # 1 suggestion listed below and find a way to make money online that actually works.

GO HERE TO SEE MY NO. 1 SUGGESTION FOR GENERATING INCOME ONLINE.

(Get started totally free– without credit card. CHECK OUT These awesome bonuses!)


This will complete my blog post, and I sincerely hope you have actually discovered a bit more about the opportunities around this website.

now you should be able to make a much better decision whether some services can assist you and your financial resources or not.

Have you ever tried out online business or building your own website before?

I wish to become aware of your experience by you leaving me a comment below.

Oh, if you have any advice on the topic, please feel free to share them as well.


Please, Do Me A Favor

Since I have provided you with this review, and I have showed you an alternative, and legit way on how to make money, please come back and post your money making website here.

FREE TRAFFIC for you right there! And share this post with your friends colleagues and family members. Share it on your social media. And ask people to share this as well.

Sounds good?

If you seek out more helpful offers, reviews and articles that will provide your business with other opportunities to reach your new goals, please fill in your email address in the sign up form below.

If you wish me to do a surten product review in the making money online niche, or write an article that is built around that, let me know and I will do my best to oblige your request.


Sign Up For Ways To Make Money With A Website

All the best,

Fred Eimhjellen Is Going To Show You How To Make Money Online

Fred Eimhjellen, founder of www.resourceformoney.com and www.fredeim.com


Follow Me!

  • Facebook: Fred Eimhjellen
  • Twitter: @skruffy88
  • Pinterest: FredEim88
  • Instagram: fredeim88

Disclosure

This page may contain links to affiliate websites, and I may receive an affiliate commission for any purchase made by you on the affiliate website using such links.

This commission will in no way change the cost to you.

I just to be fully transparent with you, I may or may not purchased this product/program myself.

I have researched the website, testimonials and information on the internet to get to the bottom of what this product genuinely does, what it provide for you and if you should use your money on it.

This is because I have been burnt from products just like this in the past and I want to prevent others from making the same mistakes.


Disclaimer

This website is owned and operated by an independent affiliate and is not endorsed by any company or  inviduals.

Any opinions expressed on this website are made by and the responsibility of the owner only.

Statement and opinions should not be construed as a representation of the opinions of any company or other inviduals.


Product Disclaimer

Statements made on the products, website or sales materials have not been evaluated by the Food and Drug Administration.

Any company products mentioned are not intended to diagnose,treat,cure, or prevent any disease.

The products are not intended to replace medications or eliminate the advice of a competent health care practitioner.


Income Disclaimer

There are no guarantees regarding income from the any of the products or the opportunities represent on this website.

The success or failure of each affiliate, like in any other business, depends upon each affiliates skills and personal effort.

Earning levels for independent affiliates are examples and should not be construed as typical or average.

Income level achievements are dependent upon the individual Affiliates business skills, personal ambition, time, commitment, activity, and demographic factors.


Risk disclaimer

Trade Responsibly: CFDs and Options are complex instruments and come with a high risk of losing money rapidly due to leverage.

You should consider whether you understand how CFDs and Options work and whether you can afford to take the high risk of losing your money.


Gambling is a game of chance and there’s no sure-fire formula that guarantee winnings. You can improve your winning chances by using the right in-game strategies but there is no way to predict when a machine or a Casino game is going to pay.

This Website is not an online gambling operator, or a gambling site of any kind.

We are simply here to provide information about sports betting for entertainment and information purposes only.

Although we talk about betting online on our websites pages, it is the responsibility of all visitors to this website to check current local laws in their own area or country before doing any gambling online.

It is your responsibility to know and follow your local laws in place.

Although we try our best to provide accurate information,  we cannot be held responsible for any inaccurate or incorrect information which is posted on our websites pages.

If you visit any website we link to from, you have left our site.

By visiting our website you confirm that you understand that it is possible to lose some or all monies used when betting on sports or doing any gambling.

You cannot hold us responsible for any such loses.

Some links on this website may be affiliate or referral links and we receive compensation from them.

Our site is here to provide entertainment and information and should be viewed as that and nothing more.


Spread the love

Leave a Comment

Your email address will not be published. Required fields are marked *