Can I cash out or transfer my Sweatcoin to PayPal? is it possible to make a Sweatcoin PayPal Transfer?
Official Sweatcoin Response on “Sweatcoin to PayPal Transfer”
This is the exact response Sweatco Ltd. shows on their website about Sweatcoin PayPal Transfer :
“At the moment it is not possible to cash out Sweatcoins via PayPal or bank transfer.
The long-term vision is to make Sweatcoin a fully-fledged currency, that’ll be listed on exchanges. But don’t wait for this, please spend your Sweatcoins in the marketplace with our brand partners. PayPal and Amazon vouchers are featured regularly, especially if you are inviting loads of friends!
Please note that the offers change at least once a day and if you do not see something you like today, then pop back tomorrow!”
That’s all they say on their website unfortunately, we will keep you updated if they change it.
But don’t leave just yet, there’s another way to make a Sweatcoin PayPal Transfer work
There are 2 ways to do this, the easy way and the hard way. We personally do the easy way as we aren’t as athletic as we’d like to do it the hard way. The easy way is fairly simple, find Facebook groups or discord servers related to Sweatcoin and sell all your Sweatcoins there for around $0.006-$0.007 rate each coin by doing a Sweatcoin PayPal transfer.
And then, there’s the hard way. If you use the app long-term, you will eventually get up to 20000 Sweatcoins (SWC) earned by you via walking (hard) or by being a Sweatcoin Influencer (Easy). That way, you can claim one of the 3 or 4 Marathon Offers available. One of them is the “PayPal Cash” option, which awards you with $1000 USD balance transferable to your PayPal Wallet or through a wire transfer to your bank account. But, they have to be earned by you alone via walking or inviting users to the app. To get more Sweatcoins, consider reading this.
Maybe doing a Sweatcoin Bank Transfer feature that will enable instant Sweatcoin to Bank transactions?
No, that doesn’t work either. Sweatcoin currently doesn’t support direct transfer of the coins to any currencies whatsoever, including credit card, debit card, and bank transfers. It’s truly a shame that you can’t as of yet do a Sweatcoin Bank Transfer.
There was a short time period in the UK specifically where they tried & tested a “volatile” Sweatcoin Cashout program that allowed users to directly transfer Sweatcoins into their Bank accounts as pounds. Although they removed it a few weeks later and it hasn’t been seen or heard of since then. They have most likely removed the feature because I remember everyone getting hyped and selling their Sweatcoins immediately destroying the in-app price & market and destroying the chances of a “Sweatcoin to Bank” function.
Let’s hope they give it another go and test it with everyone and prove to be a working method of trading. That will surely wake everyone from their sleep once again and create hype around the app, again. Along with the ability to make a Sweatcoin Bank Transfer.
Useful Sweatcoin Trading Warning
Keep in mind! If someone sends you Sweatcoins via the sending function from inside the app those will not be tradeable for “transfer locked” offers, such as the Marathon offers (those are the expensive deals). Those are the only “secret” ways of doing a Sweatcoin PayPal transfer. Sweatcoin to PayPal deals should be dealt with carefully and if possible always under the supervision of a verified Sweatcoin to PayPal transactions middleman.
We will keep you updated if anything changes! In the meantime, look at our post on whether SweatCoin will become a cryptocurrency in the near future.