Can I earn interest on my sweatcoin holdings like I can with other cryptocurrencies?

3 answers

• Oc bash101Apr 29, 2024 · 2 years ago
  Unfortunately, sweatcoin does not currently offer a way to earn interest on your holdings. Unlike other cryptocurrencies that utilize blockchain technology and smart contracts to enable interest-bearing accounts, sweatcoin operates on a different model where users are rewarded with sweatcoins for physical activity. These sweatcoins can be redeemed for various products and services, but they do not generate interest or dividends like traditional cryptocurrencies.
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• AmandipMay 29, 2021 · 5 years ago
  No, sweatcoin does not provide an option to earn interest on your holdings. Sweatcoin is primarily designed as a fitness app that rewards users with sweatcoins for walking and exercising. While you can accumulate sweatcoins and use them to purchase goods or services, there is no mechanism in place for earning interest on your holdings.
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• Danial ZaheerOct 30, 2020 · 5 years ago
  As of now, sweatcoin does not offer an interest-earning feature for its users. However, if you're looking for a way to earn passive income with your cryptocurrency holdings, you might consider exploring other options. For example, some decentralized finance (DeFi) platforms allow you to lend your cryptocurrencies and earn interest on them. Just make sure to do your research and choose a reputable platform that aligns with your risk tolerance and investment goals.
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