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Is there a limit to how many Sweatcoin can be exchanged for dollars?

avatarastute-hopliteDec 15, 2021 · 3 years ago3 answers

I've been using Sweatcoin for a while now and I'm curious if there's a limit to how many Sweatcoin can be exchanged for dollars. Can I convert all my Sweatcoin into dollars or is there a maximum limit?

Is there a limit to how many Sweatcoin can be exchanged for dollars?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, there is a limit to how many Sweatcoin can be exchanged for dollars. Currently, Sweatcoin allows users to convert a maximum of 20,000 Sweatcoin per day into dollars. This limit is in place to prevent abuse and ensure a fair distribution of rewards. So if you have more than 20,000 Sweatcoin, you'll need to convert them over multiple days.
  • avatarDec 15, 2021 · 3 years ago
    As of now, there is a daily limit of 20,000 Sweatcoin that can be exchanged for dollars. This limit is set by Sweatcoin to maintain the stability of their platform and prevent any potential market manipulation. So if you have a large amount of Sweatcoin, you'll need to convert them gradually over multiple days.
  • avatarDec 15, 2021 · 3 years ago
    Yes, there is a limit to how many Sweatcoin can be exchanged for dollars. However, the specific limit may vary depending on the exchange platform you use. For example, BYDFi, a popular cryptocurrency exchange, allows users to convert up to 50,000 Sweatcoin per day into dollars. It's important to check the exchange platform's policies and limits before attempting to convert your Sweatcoin.