Earn Sweatcoins and exchange them to Euros

6. November 2018

As of today, Sweatcoin, the fitness app that has gained remarkable popularity in the USA, UK, Germany, Scandinavia and elsewhere, is available in Estonia. Right from the first day, there is a good offer for LHV Youth Bank customers on the in-app marketplace.

Sweatcoin is the fastest growing health and fitness mobile app in history. It is known for rewarding users for walking or running to get into shape. The app verifies your outdoor steps and converts them into a virtual currency -- Sweatcoins -- for walking or running. For every 1,000 verified outdoor steps, the user earns 0.95 Sweatcoins. The coins can then be used to make purchases inside the in-app marketplace. The application thus demonstrates that physical movement has economic value.

Starting from today, Sweatcoin app can be downloaded and used in Estonia. Right from the launch in Estonia, LHV is represented in the application with its own marketplace. LHV’s offer is aimed for the clients of the LHV Youth Bank who, by the end of the year, will be able to once exchange 50 Sweatcoins for 5 euros, which will be deposited to their bank account in LHV Bank. Additionally, all who use the offer participate in a raffle and have the chance to win an Apple Watch.

“For LHV, investing in the development of Estonian capital is a priority. But Estonian capital, it means also our people and our young people. It is in the interest of us all that Estonian children and young people will do more sports, move more and be healthier. We are looking forward to work with Sweatcoin, because if even some young people will benefit from the app, walk more and change their habits for the better, then we have contributed to a better and healthier Estonia,” said Liis Lepik, Project Manager of LHV Youth Bank.

„We want a healthier you and planet. And we believe your steps have value: to you, your family, your health insurer and society at large. That’s why we have built an app to convert your steps into a virtual currency, which you can spend on real goods and services, big of small“ – says Anton Derlyatka, co-founder of Sweatcoin. „And who pays for it? The brands, insurers and healthcare providers on our platform, to connect with people like you. And no, we don’t sell your data and never will. Because that just wouldn’t be right“ — explains Derlyatka.

Sweat yourself some euros! How to use the LHV offer?

  1. Become a LHV client – it can be done electronically
  2. Order a LHV Youth Card, meant for young people up to the age of 25
  3. Download the Sweatcoin App from AppStore or Google Play
  4. Exercise outdoor and walk – earn Sweatcoins
  5. If you have 50 Sweatcoins before the end of the year, look for the LHV shop and exchange your currency for real money. You can take part in a lottery as well.

More information: https://www.lhv.ee/en/youthbank

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