Are you struggling to find ways to easily get TikTok coins and send them as a gift to your favorite influencers? Or perhaps, are you a TikTok creator desiring to purchase TikTok coins to promote your videos and boost your engagement rate?
Do you want to know how to make money from TikTok coins while live streaming on TikTok?
If yes, then you are at the right place!
What Are TikTok Coins?
TikTok is one of the popular social media platforms. The content creator creates short video clips of his own choice ranging from 5 to 120 seconds and uploads them on TikTok.
The app then promotes the content by showing it to a vast audience. The content consumers have the option of likes and comments to show their appreciation towards the content.
Recently, TikTok has launched a new feature for its users in the form of digital coins due to which, it has gained a lot of popularity. If you are a TikTok creator and want to promote your posts to a vast audience, you can easily purchase TikTok coins and use them.
Or simply, if you are a content consumer and you want to appreciate your favorite content creator, you can purchase coins with real money which will be converted into diamonds or gifts that you can send as a tip to the influencer.
TikTok Coins Are In-App Currency:
TikTok coins are simply an in-app currency that lets users convert real-world money into virtual funds. They enable users to send money to their favorite influencers and streamers in the form of emojis as a show of support and gratitude, or you can say it in the form of a gift. In this way, TikTok coins and gifts are a great way to make money online while live streaming on TikTok.
Besides purchasing the TikTok coins with real money, there is an alternative way through which you can easily get the coins for free without spending a penny. But using this approach, you have to be very careful as there are many scammers and fraudsters who trap users on the topic of free TikTok coins.
These scammers will come your way to purchase the coins such that they try their best to part you with your cash so you must have to take preventative methods to protect yourself from cybercrime.
You can use one of the following two methods to avoid being the victim of fraudsters. They are:
- Creating strong passwords
- Ignoring suspicious payment methods
It is totally up to you which payment method you choose that ensures the proper protection of your money besides allowing you to have fun and spend money as you choose on the app.
What Are The Uses of TikTok Coins?
Now we will discuss what TikTok coins can be used for. TikTok coins are consumed by content creators, influencers, businesses, and ordinary users in several different ways.
Boost Engagement Rate:
You can use the TikTok Promote feature that utilizes the coins and in turn, boost the engagement rate. The cost will depend on the time you want that promotion to display to your target audience.
Choosing the right audience over a large audience is a skill as the target audience will like your content and interact with you in the form of comments and likes and also appreciate your posts and send virtual gifts during live streaming.
Advertisements:
TikTok coins are also used by influencers and businesses to promote their products by displaying their videos and posts as ads to reach a new audience or to increase their followers. The TikTok Promote feature generates more traffic for you in three ways:
- More Views
- More followers
- More website visits
The TikTok Promote feature also allows you to generate revenue through TikTok coins and filter out your audience by age, gender, and interests.
This is the reason TikTok is the app that generates more engagement on the views rather than other social media platforms as the sponsored content is generating more interest in the audience.
How Much Do TikTok Coins Cost?
TikTok coins have different values depending on the exchange rate. The number of coins you get today for a dollar may not be the same tomorrow as the system is always in flux. Also, the coins you purchase on TikTok are non-refundable.
One coin is currently valued at around 1 cent in the US which is almost equivalent to £0.01 per coin. The least expensive option on the app is £0.69 for 70 coins but users can also select custom options too.
Currently, the US prices are:
No. of Coins |
Cost in Dollar $ |
| · 100 coins | $ 1.29 |
| · 500 coins | $ 6.49 |
| · 2000 coins | $ 26.99 |
| · 5000 coins | $ 66.99 |
| · 10000 coins | $ 134.99 |
Refund Requests Period:
There are specifically 14 days for users to request for refund. After this time period, you are not able to request for return as the app discloses its refund policy.
It takes seven working days for the requested amount to be refunded without any deduction and through the same method that was originally used for payment.
You will need to mention your TikTok username as well as the transaction ID for the order that you would like to refund to submit a refund request.
How Can I Get TikTok Coins?
You can easily have your TikTok coins/gifts in your wallet by purchasing and you can win them. We will later discuss how to get the TikTok coins for free. First, have a look at the purchasing method.
Follow These Steps:
Buying TikTok coins is the default and the basic way of having the coins in your wallet.
- Open the TikTok app and select a profile.
- Tap the settings
- Select and choose your desired balance.
- Your current balance will be shown by the balance
- Tap the recharge
- You will see a list of coins with their respective prices. The amount will be given according to the valid number of coins that you can get.
There will be a bonus for you if you are buying the coins for the first time while watching live content from TikTok. You will get a welcome package that includes 65 coins and an extra number of 45 coins and it all costs only 0.99 dollars. Also, there will be an 80% discount for the next 24 hours on a unique gift.
Payment Methods:
TikTok supports several different methods to pay for the coins. Some of them are listed below:
- Credit / Debit card
- PayPal account
- Google pay / Apple pay
- Smart communications billing
- GCash
You don’t have to worry about linking your bank account to your TikTok account now. This problem can easily be solved by using a Virtual Card. It can be used as an alternative to a credit or debit card, or it can also be used to link your PayPal account, Apple Pay, or Google Pay.
How To Get TikTok Coins For Free:
You can earn free TikTok coins through some websites but there are some risks associated with this method. The major risk is your privacy. These websites offer you to get free coins by following some steps. But they also contempt you to enter your account and personal details which is the gateway to data stealing.
One of the famous websites is the TikTok Coin Club Generator which claims to provide free coins. However, it is not a good idea to use these third-party sites.
Here are some useful ways to earn free TikTok coins:
1. Receiving The TikTok Gifts:
One of the simplest ways to get free TikTok coins is to receive them in the form of gifts from the target audience. In such a scenario, people will give appreciation to your content in the form of coins.
This will show their support and gratitude in addition to likes and comments. But this will leave a challenge for you to create content that is worth likes and gifts and appreciated by the audience.
2. Competing The TikTok Challenges:
Another interesting way to receive TikTok coins as gifts is to complete the challenges on TikTok. The challenges may include all the latest trends on TikTok like transition video challenges from the past and many more.
The goal is to make the best funny and entertaining videos that will leave the audience stunned and force them to give a thumbs up as well as the coins as a tip and appreciation for you.
3. TikTok Account Growth:
Growing your TikTok account organically will increase your follower growth. As a result, more people will follow and enjoy your content. The TikTok algorithm favors the video which is performing very well and pushes it to a vast audience.
In this way, your content will get more impressions and engagement rate resulting in receiving more coins and gifts from the consumers when you are doing live streaming. But you have to create content consistently to get a more consistent flow of tokens as TikTok coins and gifts.
There are also some other ways through which you can earn free TikTok coins by performing different tasks given by TikTok while watching the videos. Also participating in the challenges will generate free coins for you. In this way, you can earn free coins from TikTok and then withdraw them later to get real money.
Using a third-party app to get free coins is now considered a theft or fraudster act. So avoid such methods and focus on your content creation or purchasing the TikTok coins by spending real money.
Classification And Value Of Tiktok Coins:
A user makes a gift in the form of an emoji and these emojis represent different amounts of coins.
Coins And Diamonds:
A Coin is what you purchase using real money while TikTok diamonds are what you gift to a live streamer. When you gift a tip to the creator, you exchange coins for diamonds. A diamond is valued at 50% of one coin.
1. Italian Hand – 5 coins:
Current Value: $0.065
Diamond Value: $0.0325
2. Panda – 5 coins:
Current Value: $0.065
Diamond Value: $0.0325
3. Love bang – 25 coins:
Current Value: $0.325
Diamond Value: $0.1625
4. Sun Cream – 50 coins:
Current Value: $0.65
Diamond Value: $0.325
5. Rainbow Puke – 100 coins:
Current Value: $1.3
Diamond Value: $0.65
6. Concert – 500 coins:
Current Value: $6.5
Diamond Value: $3.25
7. I am very rich – 1000 coins:
Current Value: $13
Diamond Value: $6.5
8. Drama Queen – 5000 coins:
Current Value: $65
Diamond Value: $32.5
How Can I Withdraw TikTok Coins / Gifts?
The gifts or coins that you earn from TikTok are first converted into diamonds which are further converted into cash. It is also important to know that TikTok takes half of your earnings as commission.
Making withdrawals from TikTok is easier and takes only a few steps. You can easily cash out your TikTok coins by following these simple steps:
- Open the interface of your TikTok app on your device.
- Go to your profile.
- In the upper-right corner of the screen, you will see the three horizontal lines, tap on them which takes you to settings.
- Select “settings and privacy”.
- Tap on “balance”.
- Now tap on “Live Gifts”.
- Select “Withdraw”.
- Now link it to your registered PayPal account.
- Confirm the withdrawal.
Note that you can only cash out if you have more than 10,000 coins in your TikTok account.
Minimum cash-out limit: $100
Maximum cash-out limit (per day): $1000
Frequently Asked Questions (FAQs):
Can You Sell TikTok Coins?
No, you can’t sell them.
How Many Tiktok Coins Make A Diamond?
1 TikTok coin is equivalent to the value of 2 diamonds.
Is There A Tiktok Wallet For Coins?
Yes, there is a wallet in which all the TikTok coins you receive will be stored on your account.
How Much Money Can You Make On TikTok?
You can make as much money as you can but the highest record generated is $46,000 in just two weeks in 2016.
How Long Does It Take To Cash Out The Coins?
It takes the app up to 15 days to review your withdrawal application. Then it may take up to 21 days until your money becomes available on your PayPal account.
Does PayPal Deduct Any Transfer Fee?
Yes, PayPal can charge you 2% or more and has a fixed deduction fee for every money transfer.
Conclusion:
TikTok coins are a great way to make money online while live streaming on TikTok. All the methods are discussed in the article to securely get TikTok coins but it is not a good idea to use any third-party website to get free coins as it will lead you to ban your account permanently.
Earn the coins by completing the challenges and appreciate and support your favorite influencers by giving coins as a tip. It will also help them to promote their content. It is also prohibited for you to purchase the coins if you are below 18 years old.
