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How Do You Make Money From TIKTOK GIFTS? Everything Explained!

How Do You Make Money From TIKTOK GIFTS?? Everything Explained!

If you're new to TikTok or just curious about how the platform's gift system works, you're not alone. Figuring out how to earn money from TikTok gifts can be confusing, but don't worry - we're here to help break it down for you.

The Basics: TikTok Coins and Purchasing

In order to send gifts to content creators on TikTok, you need TikTok coins. These coins are the in-app currency that you can purchase with real money. To buy TikTok coins, you can go to the "Settings and Privacy" section on your TikTok app and click on the "Balance" tab. There, you'll find the option to recharge and purchase coins. Alternatively, you can also buy coins on the TikTok website.

It's worth noting that buying coins on the desktop version of TikTok may be cheaper than buying them on the app, so keep that in mind. Also, make sure to check the exchange rate for your currency as these conversions are based on US dollars.

Sending Gifts and the Diamond Conversion

Once you have TikTok coins, you can use them to send gifts to your favorite creators. There are three ways to use coins on TikTok:

  1. Send gifts on TikTok live streams: This is the most common way to send gifts on TikTok. Think of it as leaving a tip for the content creator during their live stream.
  2. Send gifts in the comment section: You can also send gifts to creators in the comment section of their videos. This works the same way as live gifts.
  3. Buy TikTok promotions: If you want to promote your own content, you can use coins to buy TikTok promotions. This helps boost the visibility of your video for a few days.

When you send a gift to a creator, they receive 50% of the total coin value of the gift in diamonds. For example, if you send a gift of 1,000 coins, the creator receives 500 diamonds. These diamonds are like virtual currency within TikTok.

From Diamonds to Real Money: Creator Earnings

Now, let's talk about how creators can convert their diamonds into real money. When a creator receives diamonds from gifts, they can convert them into actual earnings. However, TikTok applies another 50% fee when converting diamonds to real money.

To put it simply, creators earn about 1forevery200diamondstheyreceive.So,ifacreatorreceives1,000diamondsfromgifts,theywouldactuallymakearound1 for every 200 diamonds they receive. So, if a creator receives 1,000 diamonds from gifts, they would actually make around 5. But when they convert those diamonds into real money, they would only receive $2.50 due to the fee.

Creators also need to keep in mind the minimum payout and maximum daily limit for withdrawals. The minimum payout is 100,sotheycannotwithdrawanyearningsbelowthatamount.Additionally,themaximumdailylimitforwithdrawalsis100, so they cannot withdraw any earnings below that amount. Additionally, the maximum daily limit for withdrawals is 1,000, so creators can only withdraw up to $1,000 to their connected PayPal account per day.

Keyword: TikTok gifts, earning money, TikTok coins, sending gifts, diamond conversion, creator earnings, withdrawal, PayPal.

FAQ:

  • How do I purchase TikTok coins?
  • Can I convert TikTok coins back into real money?
  • What is the minimum payout for creators on TikTok?
  • How long does it take for TikTok to process a withdrawal request?
  • Can I withdraw earnings from TikTok to a bank account instead of PayPal?

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