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Cryptocurrency guide: how to convert sweatcoins into euros?

The origin of sweatcoin

It’s about a cryptocurrency or a digital currency, which comes in the form of a token and can be exchanged for goods or services. There are others such as:

  • Bitcoin;
  • Litecoin;
  • Ether.

Sweatcoin: how does it work?

Sweatcoins are a digital currency just like bitcoin that can be used to buy goods and services. They are generated when you do:

  • some exercice ;
  • while walking ;
  • while running ;
  • while riding a bike.

Each 10 minute period of physical activity you make is converted to a sweatcoin unit. The conversion is made from 30 sweatcoins for 1 euro.

How to register ?

To register for sweatcoin, you will need a smart phone or a Tablet and of thesweatcoin app. You can download the app for free from Google Play Store for Android users and App Store for iOS users. Once you are registered, you can start walking and earning sweatcoins.

Where to use Sweatcoins?

Once you have enough sweatcoins, you can use them to purchase products and services from Sweatcoin partners. The benefits of the program are many: you can save money by buying products at a reduced price, get additional discounts on certain products or services, earn points for future purchases and much more.

How to convert 30 sweatcoins into euros?

Once you have earned 30 sweatcoins, you can convert them into euros. To do this, go to your Sweatcoin wallet and click on the “convert 30 sweatcoins to euro” button. You will then be redirected to a page where you can select your preferred payment method (credit card, PayPal or other). Once you have chosen your payment method, 30 sweatcoins will be automatically converted into euros and transferred to your account.

What to do once the 30 sweatcoins have been converted into euros?

Once your 30 sweatcoins are converted into euros, you can use them as you see fit. You can spend them on products and services at sweatcoin partners, transfer them to your bank account, or use them when traveling abroad.

Do Sweatcoins have a market value?

Yes, 30 sweatcoins can be converted into 1 euro. It is a fully functional digital currency that can be exchanged for real money.

Daily bonus

You can also earn daily bonuses using the Sweatcoin app. Every day you will be prompted to answer a short series of questions that will help you earn extra sweatcoins.

Sweatcoin Levels: Influencer Program Sponsorship

Sweatcoin levels constitute a rewards program which allows you to earn more sweatcoins by referring friends, by promoting the application with influencers and by participating in special marketing campaigns. The more sweatcoins you accumulate, the higher your level will increase and the bigger your earnings will be.

Advantages and disadvantages of Sweatcoins

Advantages

Sweatcoins offer users a wealth ofbenefits such as :

  • they encourage people to adopt a healthier lifestyle;
  • to spend less money.

Sweatcoins can also be used to make purchases at a reduced price and receive additional discounts on certain products or services. Moreover, by accumulating enough sweatcoins, you can even convert 30 sweatcoins into 1 euro!

Drawbacks of Sweatcoins

One of the main disadvantages sweatcoin is that they have a very low market value: 30 Sweatcoins are only the equivalent of 1 euro. This means that it takes a lot of sweatcoins and some time to accumulate enough real money. Also, you cannot use them as easily as the Euro or any other traditional currency, because they are accepted by very few partners.

How much can I expect to earn with sweatcoin?

It depends on how much sweatcoins you earn and what level you are at. Your sweatcoin level will also influence your conversion rate 30:1 (30 sweatcoins for 1 euro). The users of level 30 will earn more because they can convert 30 sweatcoins into 1 euro. Possible earnings are estimated at around 30 euros per month for people who reach level 30 and put in extra effort to accumulate sweatcoins.

How to put paypal on sweatcoin?

You can connect your Paypal account to Sweatcoin and start converting 30 sweatcoins to euro. To do this, follow the steps below:

  • go to your Sweatcoin wallet and select “Convert 30 sweatcoins in euros ”;
  • you will then be redirected to a page where you can choose your preferred payment method: credit card, PayPal or others;
  • once you have chosen the desired payment method, 30 sweatcoins will be automatically converted into euros and sent to your account.

Can you trade or sell your sweatcoins on Facebook?

You can not trade or sell your sweatcoins on Facebook, but there are discussion groups and pages dedicated to Sweatcoin. You may find people there who will be interested in your offer. However, make sure the sale is done legally and safely before you participate. Also, keep in mind that 30 Sweatcoin converts to 1 Euro and you may need to pay additional fees for transferring funds.

Are cryptocurrencies safe currencies?

Although the concept is very interesting, the fact remains that this dematerialized currency remains very volatile and can therefore have a fluctuating value. In addition, they are often considered less secure than traditional currencies. However, if you know how cryptocurrencies work and where to invest money to get maximum profit, it is possible to earn significant profits from it. It is therefore advisable to exercise caution before investing and to use professional tools such as those offered by Sweatcoin to ensure that your investment is safe and profitable.

What risks are involved?

The risks involved in using cryptocurrency largely depend on the type of investment you make. If you invest in a Ponzi scheme or a financial pyramid, you run the risk of losing your money. Transactions can also be irreversible and the fees associated with transactions are usually very high. Finally, the cryptocurrency market is very volatile and prices can fluctuate rapidly, leading to considerable and irreversible losses.

It is therefore advisable to always inform yourself about the market before investing and to consult a financial adviser if necessary, in order to make the right decisions for your portfolio.

What future for sweatcoins?

Although this cryptocurrency encourages a healthier lifestyle, the future of sweatcoins is not yet certain. Some experts are optimistic that they can become a stable currency, while others worry that their fluctuations and volatility will make them unworkable in the long term. Only the future will tell us.

In conclusion, 30 Sweatcoins can be converted into 1 euro. You can also earn daily bonuses and increase your sweatcoin level to get more earnings. Finally, you can connect your PayPal account to the Sweatcoin app and convert 30 sweatcoins to euro easily. If you still have questions on how to convert the 30 Sweatcoins to Euro, please do not hesitate to contact our customer service for more information.

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