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The New SWEAT Crypto Is Now Available On Its First Exchange

Angélica Añez, redactora en Criptokio By Angélica Añez Sep 15, 2022

✍️ 15 September, 2022 – 11:24 👤 Editor: Jakub Motyka

  • OKX has been the first exchange to list the SWEAT crypto.
  • This will greatly help the economy of the popular move-to-earn app.
  • How has the price of SWEAT reacted after the announcement?

OKX, one of the world’s leading cryptocurrency exchanges, has been the first to give the welcome to the Sweat Economy (SWEAT) crypto. The decentralized digital token of the popular move-to-earn application is now available within the platform, giving the project a significant boost.

Sweat Economy (SWEAT) is one of the most popular blockchain-based fitness applications in the world. Through the SWEAT wallet, users can access the innovative “sweat economy” which rewards your activity. It has a series of products from the DeFi world, based on its sweatcoin.

What Is Sweat Economy And What Is Your SWEAT token For?

Sweat Economy is a set of applications based on the Near protocol, designed to reward users’ exercise with cryptocurrencies. Based on the distance traveled, it is possible to generate a number of tokens that can be used within a sustainable economy within the blockchain.

SWEAT tokens can be exchanged for goods and services within the ecosystem, without the need to use other cryptocurrencies. They can also be used to donate to select charities supported by the Sweat platform. Finally, there are offers to buy other items that serve to stimulate you to exercise even more, therefore, more money. All offers vary and depend on Sweatcoin’s agreements with companies. Likewise, all transactions can be seen from the application.

Why Is It Good That OKX Welcomes SWEAT?

There are many digital currencies, however, not all spaces are open for them. In this case, OKX, a major exchange, deciding to accept Sweatcoin makes it more useful. This means that, with a greater acceptance of the currency, its value will increase, which will cause it to be used by other portals.

On the other hand, the sweatcoin is part of an even larger project of the company itself known as Sweat Economy. Within it, users will be able to count on a series of benefits such as games, NFT, data analysis, subscriptions to services and much more. As more exchanges join in popularizing and offering this token, the project will have more room to grow.

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Angélica Añez, redactora en Criptokio

By Angélica Añez

Tras varios años escribiendo, lo que más disfruto de redactar es aprender. Poco a poco voy entrando más en el mundo de los criptos y conociendo más sobre el tema, interesándome especialmente los NFT y todo lo relacionado con el arte como token.

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