Many TikTok users have become content producers who earn money by selling their content. Recently Content creators have begun making money from the donation of coins.
TikTok Coins are the in-app currency that users purchase with actual money. They’re used to give creators a tip during live streams in the shape of Emojis. Let’s take a look at the worth of TikTok coins.
The value at present for one TikTok Coin is 1.3 cents. Likewise, the 1,000 TikTok coins can be worth $13.5, that can which is subject to. As the coins are purchased with real money, their value fluctuates according to variations in the exchange rate.
TikTok coins (also known as gifts) are a fantastic opportunity for content creators to earn money while live streaming. Before you can start earning money from TikTok, take a look further into the worth of TikTok coins and the ways you can earn the coins!
Also Read: What does “AS” Mean on TikTok?
How to Make TikTok Coins?
Creators of content earn coins through live streaming live on the platform. Live streaming is a great way to earn coins. Users are able to send coins to give as presents by way of emoticons. Each emoji is associated with an individual amount of coins.
For example, you can send the panda emojis equal to 5 coins, and using the rainbow emoji is equivalent to sending 100 coins. A user can send you the maximum amount of 1,000 coins symbolized by the ‘I’m extremely wealthy’ emoticon.
What can you do to make maximum benefit from this feature and make more coins?
You can begin by gaining followers; the more you have, the more coins. Another method that works is creating a schedule for live streams and informing your viewers about the live streams.
Schedule your live streams to boost your reach because more viewers will be able to join your live stream when they know exactly when the live stream will begin.
Also Read: What Does “IFK” Mean on Snapchat?
What are the limits to earning coins on TikTok?
But, just like the other popular social media platforms, TikTok has requirements to satisfy before being allowed to accept gifts or other items from followers. You must be an active TikTok user that has got at least 1000 views on your post within the last month.
In addition, you must be at least 18 in order to accept or send gifts from your fans. Also, there is a requirement of 1,000 followers, which is different based on region.
Stitches, sponsored posts, or Duets aren’t qualified to be gifted. However, you can earn coins for live video as you ensure that all requirements are met.
What is the value of 1,000 coins on TikTok?
You’re probably thinking, how much are those coins worth when you compare them to real dollars? Unfortunately, there’s no definitive answer. The worth of TikTok coins fluctuates daily. It all depends on what you pay for them, the exchange rate, and your country.
At present in present, each TikTok coin is worth about 1.3 cents US. At this rate, the cost is in the following order:
- 100 coins in $1.29
- 500 coins in $6.45
- 1,000 coins in $12.9
- $5,000 coins in $64.5
- 10000 coins in $129
If you’re an influential user on TikTok with more than 1,000 followers and regularly stream live streams, you will probably receive gifts from your followers as donations. If you’ve got a substantial number of coins in your account, you could convert the coins to cash!
How to Convert TikTok Coins to cash?
Converting your TikTok coins into cash is a fairly easy task. All you need to do is connect the PayPal account to TikTok. If you don’t already have an account, visit the PayPal website and register an account.
Once you’ve got your PayPal account connected to your TikTok, go to the balance page of your coins to view the current amount of coins. Then, convert your coins into diamonds which you can then cash to your PayPal.
The option of cashing out your coins is at any time. You can decide to build up your coins and then cash out when you have reached a certain period or have your balance transferred into your PayPal wallet immediately! You can cash out up to a minimum of $100 and a max of $1000 daily.
Many aim to earn money from the content you produce and love to share. Thanks to platforms such as TikTok and others, making money from content is now much simpler for hardworking content creators. You can earn money through it.
The most appealing aspect? It doesn’t require thousands of fans or followers to get started! You just need an internet connection and a loyal and active fan base!