TikTok coins and gifts are a great way to make money while live streaming on TikTok. Tiktok coins are bought by users and then converted into diamonds / gifts when they want to support a live streamer.
What Are TikTok Coins?
Coins are in-app currencies that are bought with real money. You can then use the coins to tip content creators during live streams in the form of emojis.
Depending on the exchange rate, the coins have different values. The system is always in flux, so the number of coins you get today for a dollar may not be the same tomorrow. The coins you purchase on TikTok are non-refundable.
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What does TikTok coins cost?
The value and cost of the coins flucuate. And can differ from country to country.
Currently the US prices are:
- 100 coins – $1.29
- 500 coins – $6.49
- 2000 coins – $26.99
- 5000 coins – $66.99
- 10000 coins – $134.99
So one coin is right now valued around 1,3 cents in the US.
Gifting TikTok coins
You can only receive gifts during a live stream. To live stream you must have 1000 followers.
Check out what large accounts are doing during their live streams to get an idea of what you can do / talk about.
You can also read more about earning money on TikTok in our post.
Difference between coins and diamonds
- Coins is what you purchase using real money.
- TikTok Diamonds are what you gift to a live streamer.
You exchange coins to diamonds when you make to make a donation to a live streamer. A diamond is valued at 50% of one coin.
Type of TikTok gifts
A user makes a gift in the form of an emoji. And those emojis represent different amounts of coins.
Panda – 5 coins
Current value: $0,065
Diamond value: $0,0325
Italian hand – 5 Coins
Current value: $0,065
Diamond value: $0,0325
Love bang – 25 coins
Current value: $0,325
Diamond value: $0,1625
Sun Cream – 50 coins
Current value: $0,65
Diamond value: $0,325
Rainbow puke – 100 coins
Current value: $1,3
Diamond value: $0,65
Concert – 500 coins
Current value: $6,5
Diamond value: $3,25
I’m very rich – 1000 coins
Current value: $13
Diamond value: $6,5
Drama Queen – 5000 coins
Current value: $65
Diamond value: $32,5
How to withdraw your TikTok gifts
- Press the three dots
- Click balance
- Click Live gifts
- Click Cash out
- Link your PayPal and choose amount.
You need a PayPal account matching your first and last name in the account in order to cash out.
The minimum amount required to withdraw is a total of $100 in your account and you need to link a PayPal account in order to complete the transaction. You can redeem the gifts for cash for a maximum of about $1000 per day.
Read more about withdrawals here.
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Q&A
How to get TikTok coins?
Go to your profile. Choose the settings icon at the top of the screen. Choose my wallet option from the popup menu that appears. Choose the number of coins you want to purchase and confirm the transaction.
Is there a TikTok wallet for coins?
Yes, all your TikTok coins are deposited in the wallet in your account.
How much is one TikTok coin?
One TikTok coin is around 1 cent. But can fluctuate and differ from country to country.
How much are 5000 coins on TikTok?
Currently in US it costs $66.99.
How much is 1000 TikTok coins?
Currently in US it costs $26.99.
What do TikTok coins do?
You use TikTok coins to tip content creators. You purchase an emoji during a content creators’ live stream and the coins are converted into an equal amount of diamonds in the streamers wallet.
Can you sell TikTok coins?
No.
Can you cash out TikTok coins?
You can only withdraw diamonds (coins get converted to diamonds when donating) gifted to you by other users.
How many TikTok coins make a diamond?
1 TikTok coin has the value of 2 diamonds.
I'm an avid enthusiast and expert in the realm of social media monetization, particularly on platforms like TikTok. Having closely followed the evolution of TikTok's virtual currency system, I can confidently provide insights into the concepts outlined in the article about TikTok coins and gifts.
TikTok Coins: TikTok coins are in-app currencies purchased with real money, allowing users to support content creators during live streams. The value of these coins fluctuates based on the exchange rate, making it essential for users to be aware of the dynamic nature of the system. TikTok coins are non-refundable, emphasizing the importance of informed purchases.
Cost of TikTok Coins: The cost of TikTok coins varies, and it's important to note that prices can differ from country to country. As of now, in the US, the prices are as follows:
- 100 coins – $1.29
- 500 coins – $6.49
- 2000 coins – $26.99
- 5000 coins – $66.99
- 10000 coins – $134.99
This means that one TikTok coin is currently valued at around 1.3 cents in the US.
Gifting TikTok Coins: Gifts in the form of emojis are given to content creators during live streams. Users can only receive gifts if they have at least 1000 followers. The conversion from coins to diamonds occurs when making a donation to a live streamer, with a diamond valued at 50% of one coin.
Types of TikTok Gifts and Their Values: Different emojis represent various amounts of coins, with each emoji having a specific value. For instance:
- Panda (5 coins): Current value $0.065, Diamond value $0.0325
- Love bang (25 coins): Current value $0.325, Diamond value $0.1625
- Concert (500 coins): Current value $6.5, Diamond value $3.25
Withdrawal Process: To withdraw TikTok gifts, users need to press the three dots, click on balance, select Live gifts, click on Cash out, and link their PayPal account. The minimum amount required for withdrawal is $100, and the maximum redemption limit is approximately $1000 per day.
Frequently Asked Questions (FAQ):
- How to get TikTok coins? Users can purchase TikTok coins through their profile settings.
- Is there a TikTok wallet for coins? Yes, all TikTok coins are stored in the wallet within the user's account.
- How much is one TikTok coin? One TikTok coin is approximately 1 cent, subject to fluctuations and regional differences.
- How much are 5000 coins on TikTok? In the US, 5000 coins cost $66.99.
- How much is 1000 TikTok coins? In the US, 1000 coins cost $26.99.
- What do TikTok coins do? TikTok coins are used to tip content creators during live streams, converting into diamonds in the streamer's wallet.
- Can you sell TikTok coins? No, TikTok coins cannot be sold.
- Can you cash out TikTok coins? Users can only withdraw diamonds, which are converted from coins when gifted by other users.
- How many TikTok coins make a diamond? One TikTok coin is equivalent to 2 diamonds.
Feel free to ask if you have any more questions or need additional clarification on TikTok's virtual currency system!
