Tik Tok coins were created to donate to bloggers. In essence, they are virtual currency that viewers can use by sending them to bloggers.
Thus, the developers took care of attracting talented authors who can monetize their content.
At the moment, donations are available to a limited circle of bloggers. As a rule, this is a user with more than 1000 tiktok fans on the account conducting the broadcast. It is on broadcasts for viewers that the donation functionality is turned on.
70 coins cost $1.00. The minimum possible donation is 1 coin
It may seems that the income at such rates is minimal, but this is not always the case.
Today, coins do not have wide functionality and can only be bought, spent and withdrawn if you are a blogger. It is possible that in the future the state of affairs will change and it will be possible to buy something for them.
There is nothing complicated in the processes that are already in place.
How to buy
You can buy coins through a bank card, Apple Pay, Samsung Pay, or Google Pay. All that is needed is to open the desired tab, select the amount and enter some payment card details, if they have not been previously entered.
Instructions for replenishing TikTok account:
Open the app.
Go to your profile.
In the upper right corner, click on the three dots to go to settings.
The menu will have an item “Balance” (or “Wallet”).
Tik Tok wallet is located in the profile settings
A list of offers will be displayed on the screen. You cannot enter the required value, there are only amounts set by the platform. The minimum deposit is 70 coins.
After the new coins are credited, the old ones are not written off, but accumulated. They also cannot have a deadline after which they will be written off for no reason.
Note: Coins can only be purchased by users aged 18 and over. This will be indicated by a notification at the bottom of the wallet.
Restriction of 18+ on the purchase of coins in TikTok
How to earn coins
You can earn coins from live broadcasts. Subscribers give gifts purchased with coins.
Here’s how it works:
The user replenishes the account with real money and receives coins.
He goes on air and spends coins on gifts for the streamer.
After the broadcast ends, the streamer receives diamonds instead of gifts.
For coins you can buy gifts and give them to your favorite author on the air
There are 8 gifts to choose from, from the simplest Panda for 5 coins to the most expensive Drama Queen for 5000 coins
Gifts in Tik Tok that can be bought with coins
After the end of the broadcast, the blogger will automatically receive an accrual. There is no need to transfer diamonds anywhere, the system converts them automatically.
Initially, if the balance is less than 200 diamonds, $ 0 will be displayed on the balance. Don’t be scared, TikTok simply doesn’t display cents. Money will continue to accumulate and the number will change as soon as the first dollar is earned.
How to withdraw coins
You can withdraw money starting from $ 100, that is, after reaching 20,000 diamonds on the account. The withdrawal is carried out strictly on PayPal, there are currently no other withdrawal forms. An account is required, but it will not work everywhere: in Belarus, for example, it is blocked.
When registering, pay special attention to the data you provide. Passport details, contact address and card information must be accurate and real. For violation, money can be blocked, it will not be possible to withdraw it.
There are restrictions not only on the minimum withdrawal amount, but also on the maximum: it will not work to withdraw more than $ 1000 per day. For security reasons, the money will be transferred within 3 weeks. The service will not take a commission, but the payment system, depending on the country, can take up to 3.8% per transaction.
Don’t be discouraged by the amounts
At first, bloggers don’t get too much money. In the CIS countries, tips are not allowed, so they give gifts here less often and only loyal subscribers. Based on this, aspiring streamers lose all hope of income.
In fact, over time, it is possible to actually get $ 100 per day on broadcasts. The more popular, advanced streamers in Tik Tok receive more than a thousand, but there are not very many of them.
Take off new broadcasts, spend them regularly, accumulate an amount for withdrawal. Having accumulated the first 100 dollars, you will not even notice how the audience gathered to receive the second hundred dollars.
Having problems transferring funds
It happens that after three weeks the money does not reach the recipient.
For this, the platform organized transaction support. Send all information to the mail.
Perhaps a problem with the payment system. After receiving a response from TikTok, contact PayPal support.
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