Many TikTok users are content creators who make money through their creative videos. One of the ways they earn money is through coin donations. TikTok Coins are in-app currencies that users purchase with real money. These coins can be used to tip content creators during their live streams in the form of emojis. Let’s explore the value of TikTok coins and how content creators can earn them!
How To Earn TikTok Coins?
Content creators can earn coins by live streaming on the platform. During live streams, viewers can send coins as gifts using emojis. Each emoji represents a different number of coins. For example, the panda emoji equals five coins, while the rainbow emoji signifies a hundred coins. The ‘I’m very rich’ emoji represents the maximum gift of 1,000 coins.
To maximize your earnings, you can focus on growing your TikTok following. More followers often lead to more coins. Additionally, setting up scheduled live streams and promoting them to your audience can increase engagement and participation.
What Are the Limitations of Earning Coins on TikTok?
However, TikTok has certain requirements before you can receive gifts from your viewers. You must have at least 1,000 views on a post within the past month and be above 18 years old. Additionally, there’s a minimum follower requirement that varies by location. Certain types of content, such as sponsored posts, Stitches, or Duets, are not eligible to receive gifts. Nevertheless, as long as these requirements are met, content creators can earn coins during live videos.
What Is the Value of 1,000 Coins on TikTok?
You may be wondering how much these coins are worth in real money. Unfortunately, the exact value of TikTok coins fluctuates daily based on the exchange rate and your country. At present, one TikTok coin is valued at around 1.3 cents in the US. Based on this rate, the prices for various coin quantities are as follows:
- 100 coins – $1.29
- 500 coins – $6.45
- 1,000 coins – $12.9
- 5,000 coins – $64.5
- 10,000 coins – $129
If you are an influencer on TikTok with over 1,000 followers and frequently host live streams, you likely receive many gifts from your viewers through donations. With a decent number of coins in your balance, you can convert them into cash!
How To Convert TikTok Coins to Cash?
Converting your TikTok coins into cash is a simple process. You need to link your PayPal account to your TikTok. If you don’t have an account, you can create one on the PayPal website. Once your PayPal account is linked, go to your coin balance page to check your current number of coins. From there, you can convert your coins into diamonds, which can be cashed out to your PayPal account.
The option to cash out your coins is available at any time. You can choose to accumulate your coins and cash them out later, or transfer your balance to your PayPal wallet instantly. The minimum withdrawal amount is $100, and the maximum is $1,000 per day.
Endnote
Earning money from the content you create and enjoy sharing is a dream for many. With platforms like TikTok, monetizing your content has become more accessible for hard-working content creators. You can generate income from your passion without needing millions of followers or likes. All you need is an internet connection and a loyal, engaged fan base!
