Sweatcoin is a fitness app that tracks your daily steps and trades them for Sweatcoins which can be exchanged for real life items and perks.
But does the Sweatcoin legit?
We downloaded the Sweatciub, got stuck into a few workouts and took a deep dive into the brand behind the platform and today we will be weighing up the pros and cons, so you can decide if it is the right investment for you. Lets dive in.
Sweatcoin was founded by Russian fitness fanatics Oleg Fomenko and Anton Derlyatka in 2015.
The pair realised that one of the main barriers to exercise is humans need to prioritise instant gratifcation over long term gain.
With this in mind the pair set out to use technology to leverage the human need for gratification and instant feedback to make the idea of exercise more enticing, creating Sweatcoin in 2016.
A platform that exchanges your steps for Sweatcoins that you can use to purchase real life items from the Sweatcoin marketplace.
Since inception Sweatcoin has soared to success with over 40 million users across 42 countries.
How Much Is A Sweatcoin Subscription?
A monthly Sweatcoin premium membership costs $6.99 and a yearly Sweatcoin membership costs $35.99 which workouts to be around $3 per month.
You can download and start collecting Sweatcoins for free but to gain access to all the benefits that Sweatcoin has to offer you will need to upgrade to a paid membership.
Sweatcoin offers new users a 7 day free trial, giving you more than enough time to check out everything Sweatcoin has to offer.
What Do I Get With A Sweatcoin Membership?
A Sweatcoin membership allows you to earn double the Sweatcoins for every step you take, gives you access to the premium Sweatcoin auctions and marketplace and donations from premium Sweatcoin users are doubled.
Our Experience With Sweatcoin
Signing up to Sweatcoin is easy. Simply add a few details or use your Apple ID and you will be completely set up and ready to go.
From here we chose to take advantage of the 7 day free trial Sweatcoin offers all new users to get a clear idea of all of Sweatcoins features.
Once you have signed up to Sweatcoin, you will find yourself on the home page, with a fresh step goal in your sights and a timely reminder to all you money hungry users that shaking your phone will not earn you extra coins.
You are all set to start earning, 1000 steps will earn you 1 Sweat coin and 1 Sweatcoin is equal to $.01 USD. It does not sound like a lot but it adds up.
On the home page you will also find daily deals that you can spend your hard earned cash on, boosts to increase your earnings per step and your coin balance.
Next up, the shop tab.
Here you can decide how to use your precious Sweatcoin.
You have three options, you can buy something directly from the Sweatcoin market, bid on an auctioned item and even donate to charity.
Here you will also have access to the premium exclusives that are only available to members of Sweatcoin premium and weekly specials.
What Can I Buy With Sweatcoins?
Sweatcoin has a wide range of physical and digital products you can purchase with your hard earned coins. Products include:
- Gym Equipment
- And So Much More.
Just keep and eye out for the weekly deals and see what pops up. You could find something great. One person even managed to secure themselves a remote control drown in one for just over 28,700 Sweatcoins which is equivalent to around $290 USD.
Not a bad reward for remembering to do your daily walk if you ask me.
Next up, the challenges tab.
Here you will be able to be able to connect with firends or other Sweatcoin users and check out all the community events that Sweatcoin has organised to help keep you motivated, healthy, happy and earning those Sweatcoins.
This is great because it adds another seemingly insignificant layer of accountability and motivation to your exercise routine. But just like Sweatcoin it all adds up over time.
What We Like About Sweatcoin
It Is Fun
Using Sweatcoin is fun. Personally it reminds me of going to an arcade as a kid and collecting tickets, saving up everything you had for weeks just to get one of the prizes from behind the glass cabinet.
I can see it being quite addictive.
Simple And User Friendly
Sweatcoin is extremely user friendly and simple to use. Just log in and start walking and it will track your steps and you will begin to earn.
Sweatcoin was created to give people a sense of gratification to entice users into being more physically active, and it absolutely delivers.
A simple reward of a few cents at a time instantly gives you a small external goal to set your sites.
Great For All Fitness Levels
Whether you are an Olympian or the average Joe, Sweatcoin is a great way to increase your motivation by giving you an extrinsic reward to coincide with any other motivators you have in your life.
For some people that can be the difference between jumping out of bed or pressing snooze for the fifth time.
It Is Cheap
A yearly Sweatcoin membership costs $35.99. That is around $0.70 per week. And the best part is that you can earn that back in no time!
Only Counts Steps
Sweatcoin only rewards users for completing steps outdoors.
So for all you people who spend your day on your feet inside or just prefer other forms of exercise like weights, Sweatcoin will not be able to track your effort and earn you rewards.
Only A Step Counter
Sweatcoin is just a step counter. It does not offer fitness programs, meal plans or online classes, Sweatcoin is simply designed to entice users to be more active.
Sweatcoin: The Bottom Line
Sweatcoin is a health and wellness app that is designed to encourage people to be more physically active by rewarding them with digital currency that they can exchange for real life items.
But is Sweatcoin legit?
Yes, Sweatcoin is a fantastic application for fitness lovers of all skill levels, offering users a small extrinsic incentive to keep you motivated and on track to your goals.
Sweatcoins can be exchange for digital and physical products in the Sweatcoin marketplace. You can buy anything from gift cards to a drone.
Sweatcoin is limited as it is simply a step counter and does not offer any form of workouts, meal plans or coaching. So fitness lovers who prefer different forms of exercise like weights may not find Sweatcoin to be for them.
How Much Is A Sweatcoin Worth?
1 Sweatcoin converts to $0.01 USD.
Is Sweatcoin available on Android and iOS?
Yes, Sweatcoin is available for download from the Google Play and Apple store.
How Do I Cancel My Sweatcoin Subscription?
- Go to settings.
- Click your profile at the top of the screen.
- Click Subscriptions
- Click Sweatcoin
- Click Cancel Subscription/Free Trial
- Go to the Play Store.
- Click your profile at the top right corner of the screen.
- Click ‘Manage your Google account’.
- Click Payments and subscriptions.
- Click Sweatcoin
- Follow the prompts.