These cookies will be stored in your browser only with your consent. In the past, the site didnt pay creators for their videos and they had to find other ways to make money. TikTok coins are a virtual currency used on the TikTok app to purchase gifts for creators during live streams. To buy a gift for a non-live TikTok, return to your TikTok homepage and scroll until you find a TikTok you want to gift. You cant accumulate them in any way. Lastly, you need to be a TikTok user living in a country that supports the feature. For instance, fancy colored diamonds, such as pink or blue diamonds, are currently very popular and, as a result, are worth more than traditional white diamonds. The purpose of it is to show their appreciation for the amazing content you provide. However, you may visit "Cookie Settings" to provide a controlled consent. This means basically having sponsored advertisement videos that would generate more sales for the brand or the product. Use our calculator to calculate your video engagement rate! If you are new to the platform and have not gone live, here is a tutorial on how to go live on TikTok. As a result of these calculations, 10,000 May 8, 2022 by Mary Keller. Its also worth considering that the commission of TikTok as well is relatively high. Diamonds can be purchased with all-new TikTok coins and are based on the creator, ByteDance. The only gift more expensive than this is the Universe, which at the time of writing costs 34999 coins, which adds up to more than 350. The first thing you should know is that TikTok coins are not legal tender and cannot be exchanged for cash or any other currency. .slick-slider#wpsp-30840 {margin-left: 0px; }.slick-slider#wpsp-30840 .wp-show-posts-inner {margin-left: 0.5em; margin-right: 0.5em; }#wpsp-30840.wpsp-card .wp-show-posts-single {margin-bottom: 1em; }.slick-slider#wpsp-30840 .wp-show-posts-single {margin-bottom: 0px; }#wpsp-30840.wp-show-posts .wp-show-posts-entry-title {font-size: 16px; }#wpsp-30840 .wp-show-posts-entry-title a {color: #0a0a0a; }#wpsp-30840 .wp-show-posts-entry-title a:hover {color: #0a0a0a; }#wpsp-30840 .wp-show-posts-meta a {color: #540968; }#wpsp-30840 .wpsp-social {color: #540968; }.wp-show-posts-columns#wpsp-30840 {margin-left: -1em; }.wp-show-posts-columns#wpsp-30840 .wp-show-posts-inner {margin: 0 0 1em 1em; } The coin is then split into Diamonds to distribute to the Creators, this can then be exchanged for real money. TikTok has certain rules regarding the LIVE Gifting feature. The TikTok Universe Gift is the latest social media trend. If you like the creators content, viewers will give you gifts. First of all, the value of these items fluctuates. Furthermore, your account should be at least a month old and have posted in the last 30 days a video thats not set to private. 5. These are the most expensive TikTok video gifts that youll find on the app, as theyre considered premium gifts. Choose the gift you want to send. Simply enter the number of diamonds youve earned in the input field and click the Calculate button. However, they can only withdraw $12.5 because TikTok takes a 50% cut. Josh helps influencers, marketers and content creators to improve their engagement and take the most out of their accounts. Press on a gift to buy it. How to benefit from TikTok as a small brand, How to get started with influencer marketing, Why media agencies should use Exolyt for TikTok analytics, How To Get On TikToks For You Page 3 Tips For 2021, 11 reasons why influencer marketing is the next big thing, Using the Wrong Edit Tools Can Hurt Your TikTok Views. One hundred TikTok Gift Points equal $1 USD, while ten thousand Gift Points are equal to $100 USD. If you have 100 diamonds, you can sell them for $50. Thus, the price of one thousand TikTok diamonds is five dollars. The cookie is used to store the user consent for the cookies in the category "Performance". Its important to follow the apps community guidelines and remain on good terms with the platform. 1 coin = 0.012 coins = 1 Diamond1 Diamond = 0.005 or 1/2 a coin. To get to the withdrawable amount of $100, youll need around 4,000 diamonds, as TikTok will keep 50% of the diamonds value as a commission. The Creator Fund pays between 2 and 4 cents for each view. TikToks currency is diamonds. Since the way of making in TikTok is different from other social networks. Withdrawing $100 to $1,000 per week is sufficient for most people. It currently costs around $26,500. WebWhile this number includes other ventures owned by ByteDance, it's clear that TikTok is a major contributor to the company's overall success. How Much Are Diamonds Worth On TikTok? Coronet Diamonds With simple calculations, we But how does this value translate to individual users or influencers on the app? How do you see how many diamonds you have on TikTok? So, if youre thinking about buying a diamond, or if you already have one, be sure to keep it safe! All Rights Reserved. Obviously, being popular on TikTok will be a prerequisite for benefiting from TikTok gifts. Thousands of creators get their content going viral every day with nothing more than a smartphone. When buying coins, it helps to know already how much each coin bundle costs in the US. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. In general, however, diamonds are worth a lot of money. For a clear conversion metric, refer to the following: 1 coin = $0.01 You should now be on your coins balance page. To elaborate, the minimum withdrawal should be $100. Thus, TikTok gifts worth 1,000 coins are worth roughly $10 to the person who purchased them. Exolyt's TikTok Money Calculator helps you to calculate an estimation of earnings on any public TikTok account. How to Fix, Can you see who viewed your video on Facebook? This cookie is set by GDPR Cookie Consent plugin. We should now expect more details from the government. 1 million TikTok coins are equal to $10,000 USD. Once you collect the gifts, you can exchange virtual icons for virtual diamonds. You can then use the diamonds to get real money using PayPal or another secure payment method. The gift is purchased in the TikTok app with coins. These coins are the only monetary purchase allowed in the app. 10,000 diamonds on TikTok are equal to $500 USD. Finally, you must live in a country that supports TikTok. You can generate anywhere from 50 000 USD to 150 5 cents is the worth of each diamond on TIKTOK, which means that 20 diamonds will give you $10 and 200 diamonds will give you $100, and so on. You can either use the coins you earn from watching videos to purchase items or to use the real world money you earned. Fans of some TikTokers give them money. Explore the latest videos from hashtags: #howmuchimadethismonth, #infuscromoshomdiamond . These gifts have monetary value to them, and you can cash them out to get money. No matter what the current trends are, however, one thing is for sure: diamonds are valuable. TikTok has a new feature where users can send virtual gifts for specific videos. In this case, the diamonds will be converted into US dollars. Web53.5K Likes, 149 Comments. Creators earn diamonds during live streams and can exchange them for real money. This article is written by Josh, who works at Exolyt as a Senior Social Media Consultant. Such bloggers develop their videos faster because they are attractive to many people.

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