Are you curious about TikTok coins? If you are an avid fan of a content creator, you may be thinking of ways to show them your support. If you are a content creator, you may be thinking of how much these coins could help you.

This article dives into the world of TikTok coins. What are these, how much are they, and are they worth it? Continue reading to find the answers.

What Are TikTok Coins

TikTok is the platform that showed everyone new social media apps can go toe to toe with established giants. This short-form video platform quickly rose to fame and spawned a number of copies. Meta launched Reels, while YouTube launched Shorts to prevent TikTok from stealing all their users.

However, even without Shorts, people knew TikTok would not replace YouTube. That is because of monetization. People know that you can make a career out of posting videos on YouTube. Back then, you couldn’t get this opportunity from TikTok. Now, you can.

TikTok has launched TikTok coins, which users can buy and send to their favorite content creators as gifts to show their support. The content creator can earn real money based on the gifts they have received.

TikTok Coins Make Videos More Entertaining

TikTok Coins are more than just tools for creators to earn money. The viewers get something out of them, too. TikTok coins are not sent to creators as coins. Instead, the viewer must use the coins to purchase virtual gifts that they can send to the content creator they are watching.

The viewer can select from different virtual gifts, each at a different price from the other. What’s interesting about these virtual gifts is they have an actual effect on the live video. The gifts play different special effects, making the live stream more entertaining for all who are watching. That said, virtual gifts allow the viewers to influence and actively affect the content.

When Can People Send TikTok Coins?

People can send virtual gifts only on live streams. Therefore, a content creator must know how live streaming works if they want to receive them.

So, how does livestreaming on TikTok work? The first thing you need to know is that the feature is not available to all users. You need at least 1000 followers to make the Live button appear in your account. On top of that, you need to be at least 16 years old.

Please note that while 16 is the minimum age for live streaming, you need to be at least 18 to receive gifts. In South Korea, it is 19 instead of 18. Additionally, certain accounts are not eligible to receive gifts. These accounts also can’t send gifts to other TikTok creators. If you are managing one of the following account types, this applies to you:

• Government accounts
• Politician accounts
• Political party accounts
• TikTok Business account
• Other public interest accounts

How To Use TikTok Coins to Buy Gifts?

If you want to support your favorite content creator by more than just watching their videos, here’s how you can send them TikTok coins:

1. Buy coins with real money so you can buy virtual gifts to send.
2. Wait for the content creator you want to support to go live.
3. While they are live streaming, tap on the Gift button at the bottom of the screen.
4. Select the gift you want to send and tap the Send button underneath it. You can only send gifts that you can afford with your current balance.
5. If you run out of coins, you can get more by tapping the Recharge option. Follow the instructions to buy more coins.

How To Convert Gifts Into Real Money?

To be able to receive gifts, you must first enable the feature. Again, it is not available to anyone. As stated above, certain accounts can’t receive or send gifts. There are other rules besides that. Here’s a useful checklist for creators who want to earn money through this method:

• You must be a part of the Creator Next program.
• You live in a country where the TikTok Gifts feature is available.
• Your account must be at least 30 days old, and you must have at least 1,000 followers.
• You must have published at least one public video in the last 30 days.
• You must be in good standing and adhere to TikTok’s Community Guidelines and Terms of Service.
• You are 18 years old or 19 years old if you live in South Korea.
• The video should not include:
  • Stitches or Duets
  • Ads or sponsored content.
  • Content breaking TikTok’s rules.

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How To Enable Video Gifts

If you are an eligible creator, here’s what you should do to allow your viewers to send you gifts:

1. Tap Profile at the bottom of the TikTok app.
2. Tap the Menu (three lines button) at the top, then select TikTok Studio.
3. Tap Monetization and then Video Gifts.
4. Turn the Gifts setting on. TikTok will show you the eligibility requirements. Review it and then tap Turn on Gifts.

How Can You Turn the Gifts into Real Money?

TikTok will award you diamonds based on the popularity of your content and the gifts you received on your Live Broadcast. There are no other ways to receive diamonds, and you can’t send them to other accounts. However, you can withdraw the diamonds and turn them into real cash.

A diamond’s value is half of a TikTok coin’s value. To paint a picture, let us look at the Pumpkin head gift, which costs 399 coins. A viewer needs to spend $5.30 for this gift. When converted to diamonds and then to cash, you will receive only $2.65.

You can withdraw at any time, but there is a minimum withdrawal amount. Each withdrawal must be at least $100.

Buy TikTok Coins Cheaper

The price of TikTok coins varies. For example, they are more expensive if you buy them within the app due to app store fees. That said, it is wise to buy from the website instead.

Here’s a tip that lets you buy them at an even lower price. You can use a VPN to get TikTok coins cheaper. They are not sold at the same price in different countries. That said, you can change your location to a country where coins are cheaper before you buy them.

Conclusion

TikTok coins have become an important part of the platform. It allows viewers to support their favorite creators while affecting the live broadcast they are watching. It helps build a sense of community. On the creator side, coins allow them to earn more money from the platform. It really is a great addition.

However, creators must first become eligible to receive gifts to benefit from this feature. Meeting the follower count requirement can be tough, but with the right support, you can tick that on your checklist fast.

Let Delivered Social manage your social media accounts for you. The team will help you create and schedule engaging posts that are sure to attract new followers. In no time, you will be converting TikTok diamonds into real money.