Money transfer is gradually becoming the norm nowadays.
In fact, we basically use money transfer for completing most of the financial transactions that are important to us, including; paying for goods and services, paying bills, and even moving funds from one account to the next (for example; from Sweatcoin to bank account).
Sweatcoin is an amazing app that allows people earn money for walking and running — crazy right? Yeah, you already know about that.
While Sweatcoin offers an easy way to earn coins, it doesn't feature any feature to cashout to real money — which makes most users wonder how to transfer their Sweatcoin money to a bank account.
Thankfully, you've come to the right place.
To help you out, we've compiled the steps to help you transfer Sweatcoin money to bank account.
Table of Contents
Can I Transfer Sweatcoin Money To Bank Account?
Yes, you can transfer your Sweatcoin money to your bank account, but not directly.
This is because, Sweatcoin does not feature any option that lets you transfer or withdraw funds to a bank account.
How To Transfer Sweatcoin Money To Bank Account
It is not directly possible to transfer Sweatcoin money to a bank account, but you can use your coins to purchase vouchers at the marketplace — according to Sweatcoin Help.
However, you can indirectly withdraw the Sweatcoins to your bank account by selling the vouchers for cash and request to get paid through bank transfer.
Let's cover each step in details.
1. Purchase Gift Cards With Your Sweatcoins
Sweatcoin lets users use their coins to purchase vouchers or gift cards.
The gift cards that are available for purchase are PayPal and Amazon gift cards.
You can purchase these gift cards from the marketplace.
Keep in mind that these vouchers aren't always available so it's important to check over time to see when it is made available for purchase.
2. Sell Your Gift Cards For Cash
Once you've purchased gift cards with your Sweatcoins, it's time to sell them for cash.
Thankfully, there's a plethora of platforms that let you convert your gift cards for cash.
You can aswell post your gift cards for sale on forum such as Telegram, Reddit and Discord.
The PayPal and Amazon gift cards are highly demaned on the market so it's certain you'll have buyers.
3. Transfer Funds To Your Bank Account
Most gift card exchanges offer many payment methods for the convenient of their users.
With that said, you can choose to receive the proceeds from the sale of your gift card through bank transfer.
However, it is important to read the platform's Terms Of Service and Privacy pages to know what payment methods they accept and the information they make public.
In case you purchased an Amazon gift card, here's a complete guide to transferring Amazon gift card balance to your bank account.
How Long Does It Take To Transfer Sweatcoin Money To Bank Account?
It usually takes 1-3 business days to transfer Sweatcoin money to your bank account, though in some case it might take up to 5 business days or longer, depending on some factors, such as;
- Voucher availability.
- Bank transfer timelines.
Frequently Asked Question
Can I withdraw money from Sweatcoin?
Unfortunately, the only way to withdraw money from Sweatcoin is by purchasing vouchers. However, you can sell these vouchers for cash and transfer the proceeds to your bank or PayPal account.
Where can I sell my sweatcoins?
With many crypto-exchanges available nowadays, you can sell your Sweatcoins through many supported platforms. However, Sweatcoin does not allow users sell coins out of the platform.
Does Sweatcoin pay real money?
No, Sweatcoin does not pay real money.
Sweatcoin is an amazing app for making money that don't require any excessive effort from users.
While Sweatcoin offers an easy way to make money, cashing out money from the platform is a real hassle.
Thankfully, this guide compiles steps to help you transfer Sweatcoin money to your bank account, which include; purchasing gift cards with your Sweatcoins, selling the gift cards for cash, and transferring the funds to your bank account.