Sweatcoin to USD: The Ultimate Cash-Out Guide!

Sweatcoin is an app that tracks the number of steps you take and converts them into Sweatcoins. You can use these Sweatcoins the purchasing various products and services. So people who wonder if they can convert these Sweatcoins to USD or into any other cryptocurrencies or not, here we will discuss.

Today's article concerns the conversion of Sweatcoin to US dollar, including its value, conversion rate, and buying and selling of Sweatcoin.

Key Takeaways:

• Sweatcoin can be earned by tracking physical activity and can be used to purchase products and services.
• The conversion rate of Sweatcoin to USD varies based on market conditions and is currently around 0.008868 USD per Sweatcoin.
• Sweatcoins can be bought and sold through the official app or on cryptocurrency exchanges like Coinbase, CoinBene, and P2PB2B.
• To convert Sweatcoins to USD, download the official app or use a trusted cryptocurrency exchange, enter the amount of Sweatcoins to convert, review transaction details, and confirm the transaction to withdraw funds to a bank account or cryptocurrency wallet.
• The current circulating supply of Sweatcoins is around 4.54 B SWEAT, and the value of SWEAT can fluctuate based on market demand and supply.

Where Can You Buy and Sell Sweatcoin?

You can buy and sell Sweatcoins using several ways. One of the most popular ways you can use is using the official app of Sweatcoin. You can purchase Sweatcoins using a credit card or PayPal using this app.

Instead, you should use original Sweatcoins earned through physical exercises. You can also sell these Sweatcoins on the same platform and withdraw the funds to your bank account.

You can also buy and sell Sweatcoins using cryptocurrency exchanges. Sweatcoins are listed on exchanges like;

• CoinBase,
• CoinBene,
• P2PB2B, and many others.

However, with market fluctuations, the availability of Sweatcoins can change, so you should keep an eye on the latest news about the market.

How To Convert Sweatcoins To USD : Step Guide

Open the Official Sweatcoin App or Cryptocurrency Exchange. The first step is to convert the Sweatcoins to USD, including the Official app or any cryptocurrency exchange. So you need to download the app if you don't have one. Otherwise, open the app if you are going to use the application.

You can also use any cryptocurrency exchange you trust. If you will use the app, make sure the app is updated with the latest version. Here are the detailed steps on the conversion of Sweatcoins to USD:

1. Access the Marketplace or Search for Sweatcoin Trading Pair

Go to the section "Marketplace" and choose the "Cash Out" option when using the official app. It allows users to sell their Sweatcoins for US dollars. Search for the Sweatcoin trading pair for a cryptocurrency exchange that best approaches your needs. For Example, to convert Sweatcoins to USD, look for the SWEAT/USD trading pair.

Enter the Amount of Sweatcoins You Want to Convert

After accessing the marketplace or founding the trading pair on a cryptocurrency exchange, you must enter the number of Sweatcoins you want to convert to US dollars. You can also see the exchange rates displayed on the platform. The estimated value is displaying of your Sweatcoins with current rates.

3. Review The Transaction Details

Before finalizing the transaction, you should read every detail carefully. The points can include:

• The current exchange rate.
• Gas fee.
• The total amount of USD you will receive after the completion of a transaction.

You need to be sure about the costs involved and check the exchange rate of the current date.

4. Confirm The Transaction And Withdraw The Funds

In the official app, follow the guidelines to confirm the transaction and withdraw the funds to your bank account. The process can also require to provide additional information, like your bank account details to complete the transaction.

If you use the cryptocurrency exchange, you must place a sell order for your Sweatcoins. After placing the order, you must wait for the potential buyer to buy your offer. Once the buyer purchases the offer, you will receive the USD in your bank account or cryptocurrency wallet with the current price.

How Many Sweat Economy (SWEAT) Coins Are There in Circulation?

According to our research, the current circulating supply of Sweatcoins is around 4.54 B SWEAT. However, the Sweat Economy's price today is US$0.009755, with a 24-hour trading volume of $1.78 M. Over the last 24 hours, the value of SWEAT has decreased by 3.92%.

Currently, it is trading at a discount of 1.93% lower than its 7-day all-time high of $0.009947, indicating a slight decline in its overall value. However, despite the recent dip, SWEAT is still trading 11.75% higher than its 7-day all-time low of $0.008729.

Can I Convert Sweatcoin To USD Using Other Platforms?

You can convert your Sweatcoin to USD using other platforms besides the official Sweatcoin app. There are various cryptocurrency exchanges where you can trade Sweatcoin for USD or other cryptocurrencies like;

• Bittrex,
• KuCoin,
• LiveCoin, and
• YoBit.

However, it's important to note that not all exchanges support Sweatcoin, and the exchange rate may vary depending on the platform.

It's important to note that trading on cryptocurrency exchanges involves volatility, liquidity, and security risks. You should do your own research before deciding any trades is always recommended.

FAQs

1. How many Sweatcoins is $1?

For $1, the total Sweatcoins are 107.61. However, the price can fluctuate in the future.

2. How much is 1000 Sweatcoins worth?

The total worth for 1000 Sweatcoins is 9.312 USD, with the current US dollar value.

Summing Up

In conclusion, converting Sweatcoin to USD is possible through platforms like the official Sweatcoin app and cryptocurrency exchanges like Bittrex, KuCoin, LiveCoin, and YoBit. While the exchange rate may vary depending on the platform and market conditions, users can monetize their earned Sweatcoins.

However, it's essential to be aware of the fees involved in the transaction and the risks associated with trading on cryptocurrency exchanges. Overall, converting Sweatcoin to USD provides a convenient way to use digital currency.