TikTok coins and gifts are a great way to make money while live streaming on TikTok. Tiktok coins are bought by users and then converted into diamonds / gifts when they want to support a live streamer.
What Are TikTok Coins?
Coins are in-app currencies that are bought with real money. You can then use the coins to tip content creators during live streams in the form of emojis.
Depending on the exchange rate, the coins have different values. The system is always in flux, so the number of coins you get today for a dollar may not be the same tomorrow. The coins you purchase on TikTok are non-refundable.
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What does TikTok coins cost?
The value and cost of the coins flucuate. And can differ from country to country.
Currently the US prices are:
100 coins – $1.29
500 coins – $6.49
2000 coins – $26.99
5000 coins – $66.99
10000 coins – $134.99
So one coin is right now valued around 1,3 cents in the US.
Gifting TikTok coins
You can only receive gifts during a live stream. To live stream you must have 1000 followers.
Check out what large accounts are doing during their live streams to get an idea of what you can do / talk about. You can also read more about earning money on TikTok in our post.
Difference between coins and diamonds
Coins is what you purchase using real money.
TikTok Diamonds are what you gift to a live streamer.
You exchange coins to diamonds when you make to make a donation to a live streamer. A diamond is valued at 50% of one coin.
Type of TikTok gifts
A user makes a gift in the form of an emoji. And those emojis represent different amounts of coins.
You need a PayPal account matching your first and last name in the account in order to cash out.
The minimum amount required to withdraw is a total of $100 in your account and you need to link a PayPal account in order to complete the transaction. You can redeem the gifts for cash for a maximum of about $1000 per day.
Go to your profile. Choose the settings icon at the top of the screen. Choose my wallet option from the popup menu that appears. Choose the number of coins you want to purchase and confirm the transaction.
Is there a TikTok wallet for coins?
Yes, all your TikTok coins are deposited in the wallet in your account.
How much is one TikTok coin?
One TikTok coin is around 1 cent. But can fluctuate and differ from country to country.
How much are 5000 coins on TikTok?
Currently in US it costs $66.99.
How much is 1000 TikTok coins?
Currently in US it costs $26.99.
What do TikTok coins do?
You use TikTok coins to tip content creators. You purchase an emoji during a content creators’ live stream and the coins are converted into an equal amount of diamonds in the streamers wallet.
Can you sell TikTok coins?
No.
Can you cash out TikTok coins?
You can only withdraw diamonds (coins get converted to diamonds when donating) gifted to you by other users.
If you're into live streaming, your viewers can send you virtual gifts, which you can turn into TikTok Coins. And, even cash in your coins for actual money. They can also live you coins in your comment section.
You can buy gifts for your favorite creators and Diamonds with Coins to give to someone as appreciation for their work or to say thank you. ... At the time of writing, 100 Coins cost $0.99 USD and you can buy them in varying amounts up to 10,000 coins at a time. What is the price of 5,000 coins on TikTok?
Creators receive 50% of the total of the coins that are used to purchase gifts. So for example if you received 100 coins, you as a creator would receive 50 of those coins. The amount of actual money depends on which type of gifts you were given because they are all worth a different amount.
How do creators make money on TikTok? The most successful TikTok users make money through a combination of revenue streams that can include sponsorships, fundraising drives, product sales, and accepting tips. TikTok users can also promote products through an affiliate link to get paid directly from brands.
How do I start earning through it? TikTok Rewards is TikTok's referral program. It lets users earn real-time rewards by simply inviting their friends to join TikTok. To start earning, all you have to do is invite all your friends to join TikTok using your unique invitation code / referral link.
On TikTok, the rose gift cost one coin, which is the equivalent of 1.4 US pennies. The TikTok logo, wishing bottle, and ice cream cone are all worth the same as well. It is important to note that TikTok takes. 50% from gifts, so you're not making a fortune on roses.
TikTok coins can be described as the TikTok currency. You have to pay an amount of money to buy them, according to how many coins you want, then you can use the coins to buy gifts to send to your favorite content creators. Each gift has a different cost, and they are represented by multiple emojis.
Using money, users purchase Coins and hold them in a TikTok account, tapping into their balance with each Gift they send. Users who receive the Gifts made with Coins from another user can exchange them for virtual gifts once they have enough coins to redeem.
In terms of compensation, TikTok's Creator Fund program offers an estimated payout of $0.02 to $0.04 per 1,000 views for content creators. To put this into perspective, a creator with 1,000,000 views would only receive a payout between $20 and $40.
- You will need to have a PayPal account in order to request a cash withdrawal. You should make sure the PayPal account information provided to us is accurate, complete and up-to-date. - PayPal only allows individuals aged 18 or older to open and hold a PayPal account.
TikTok offers an in-app rewards program that pays users digital coins to redeem for cash when they engage with sponsored videos and brand hashtags. You simply watch, like, comment and share videos to accumulate loyalty points to cash out, with no personal account or content creation required.
Based on those numbers, the median salary for TikTok influencers is somewhere between $15,000 and $25,000. Just under one-third of influencers are making a full-time salary. If you're wondering where all this money for influencers is coming from, keep reading as we break down how TikTok creators monetize their content.
Looking at our TikTok coins to USD converter, you will see that we have already entered 29999 TikTok coins, which gives us an answer of $317.99. That's the answer to how much is 29999 coins on TikTok. 29999 TikTok coins are worth $317.99.
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