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Tech Daily Time > Business > How much are TikTok Gift Points worth?
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How much are TikTok Gift Points worth?

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Last updated: 2023/02/16 at 10:06 AM
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TikTok is a very fun and interesting app. Although most users are in Asia and North America, it is gaining popularity globally. Creators stream short-form videos of their talents and interests to entertain audiences around the world. Viewers who want to contribute to their favorite creators can do so by sending gifts.

Contents
Douyin giftWhat are TikTok Gift Points?Difference Between Coins, Gifts and DiamondsHow to receive money from Tik TokEarn many gift pointsFrequently Asked QuestionsI cannot accept gifts! How is this going?TikTok will not accept my PayPal information. what can I do?

There’s very little official information about gifts from TikTok, but that’s why this article is here. Learn about the value of TikTok Gift Points and how to buy or redeem them. These points are basically rewards to content creators, not the same as Twitch TV donations.

The most popular TikTok influencers can make thousands of dollars per post. The company does try to regulate in-app cash flow through the use of virtual gifts and diamonds, so it’s important to understand how this digital currency works.

Douyin gift

Once you reach 1,000 followers, TikTok will allow you to accept gifts from your followers during your live video. Virtual gifts are actually icons from pandas to drama queens. Each of these gifts represents a different dollar amount. After collecting gifts, you can exchange virtual icons for virtual diamonds. You can then use these diamonds to receive real money via PayPal or other secure payment methods.

Use coins to buy gifts in the TikTok app. These coins are the only currency purchases allowed in the app. After purchasing coins, you can click the pink gift icon while watching a TikTok Live video to send the virtual icon to other users.

It’s worth mentioning that only people over 18 can send gifts on TikTok. After numerous public protests, the company was forced to implement a policy to protect young users from scams.

The cost of purchasing each gift is as follows:

Panda – five coins

Hand of Italy – five coins

Love Bang Bang – twenty-five coins

Sunscreen – fifty coins

Rainbow Vomit – One Hundred Coins

Concert – Five Hundred Coins

I am rich – a thousand gold coins

Drama Queen – 5,000 Gold

After receiving a gift, creators can convert their gift into diamonds and then convert their diamonds into real currency. Although TikTok hasn’t released a simple way to explain the value of each gift, it breaks it down like this:

  • The value of the diamond is 50% of the value of the coin
  • TikTok takes a 50% commission

Basically, this means that if you send someone a drama queen bought for 5000 coins, they will get a couple of diamonds worth about 0.5 cents. It’s really not a lot to think about in these terms, but great creators can make money by getting several gifts in one live broadcast.

Creators can participate or create challenges within the app to earn gifts. Fundraising events are also popular on social media sites. These fundraisers have a “donate” option, including helping those in need.

Before sending gifts on TikTok, be aware of scams in the app. Some users earn gifts by offering likes and following digital forms of in-app currency. TikTok gifts are designed to support your favorite creators, not use them as a tactic to become more popular (as this rarely works out).

What are TikTok Gift Points?

TikTok can be stressful for new users because it is difficult to keep track of all the currencies in the app. If you go to your profile settings, you’ll notice a balance menu. You will see how many coins you have.

Tik Tok coins are used to buy gifts. Coins are in bundles, with larger bundles reflecting volume discounts. Here’s how to access your Tik Tok balance:

  1. Open TikTok on your Apple or Android device.
  2. Click on the profile icon in the bottom right corner, titled me.
  3. Open the More menu in the upper right corner and select Balance from the drop-down menu.
  4. There will be a coin icon and available coins. Click Recharge to buy more coins. You’ll see the cost of various bundles, from 100 to 10,000 coins. The app instantly adjusts the currency according to your region.
  5. After selecting a bundle, you’ll be asked for a payment method. You can use any credit card connected to the Apple or Google mobile store.
  6. After payment is made, your account will be credited with the number of coins purchased.

Prices for these coins range from $0.99 for 65 coins or $99.99 for 6,607 coins. Once you’ve completed your purchase, you’re ready to send your gift. When your balance is low, you will be notified to reload.

Difference Between Coins, Gifts and Diamonds

You cannot exchange TikTok coins for real money. The same goes for gift points. The only thing that can be cashed is diamonds. You can find your diamond count under Balance. The diamond is estimated to be $0.05, but TikTok has reserved fees beyond that.

Diamonds vary in value and are entirely up to TikTok’s creator, ByteDance. The minimum amount you can withdraw per week is $100 to $1,000. Any gap between diamonds and coins on Tik Tok is bridged with gift points.

If you like content from a TikTok performer, go ahead and gift them an emoji. This will remove coins from your balance and add them to their balance in the form of gift points. These gift points can later be converted into diamonds, which can then be exchanged for cash value at a specific exchange rate.

This can be compared to Twitch’s channel subscription, where you pay to use various custom emojis. Like Twitch, Tik Tok contributions are voluntary. You don’t need to give coins to anyone, but if you really like their content, you can.

How to receive money from Tik Tok

Although subscribers cannot cash out their coins, content creators can earn money from their content on Tik Tok. You need a valid PayPal account to redeem your diamonds. When you collect a certain amount of Gift Points and get your diamonds, you can exchange them for your country’s currency.

Ask Douyin Support you may have any questions about the process. It’s complicated and may take some time to actually make money on Tik Tok. However, it works, and some people make a living from audience donations and sponsored content on Tik Tok.

Earn many gift points

An important aspect of TikTok gifts is gaining followers. It’s easy if you have a lot of talent and a passion for video creation. Using features like in-app editing software and duets, you can get the 1,000 followers you need to start receiving gifts.

Knowing the monetary value of these digital icons means you’re ready to send or receive them with confidence. As mentioned above, beware of scammers and gifts of likes or attention.

Frequently Asked Questions

TikTok can be a confusing place. But don’t worry! We’ve got more answers to your more frequently asked questions here!

I cannot accept gifts! How is this going?

TikTok’s virtual items policy clearly states that users under the age of 16 cannot accept TikTok gifts. This may seem unfair to younger users (and it is), but the policy is designed to protect more vulnerable users from exploitation.

Officially, on the other hand, anyone under the age of 18 (or the age of majority in their region) cannot accept gift points. However, TikTok will allow certain users to exchange and receive gifts. If you are over the minimum age requirement, please contact TikTok Support for further assistance. TikTok may revoke your earning power if you violate certain community standards.

TikTok will not accept my PayPal information. what can I do?

TikTok’s policy states that your PayPal information must match your TikTok information, which means the names must match. If the information doesn’t match, we have an article on changing your name on TikTok here.

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Admin May 18, 2022
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