How do you cash in diamonds on TikTok? (2024)

What do you do with the diamonds on TikTok?

With these, users can earn money real-life money from viewers. Diamonds are TikTok's virtual currency for creators, and when someone has built up enough to equal $100, they will be able to withdraw that money via the app to a bank account. Creators earn diamonds when viewers send gifts during their broadcasts.

Diamonds are worth 50% the value of coins: one-hundred coins equal 50 diamonds; 50 coins equal 25 diamonds. Each diamond is worth 5 cents. If you have 100 diamonds, you can cash in for $50. However, TikTok also retains 50% of what you earn, so if you earned $50 worth of diamonds, you only keep $25.

Diamonds cannot be exchanged for Coins or Gifts.

One Diamond is worth half a coin.

This means content creators receive half of the gift's worth, while TikTok charges a 50% commission. So if a TikToker got a 1000-coin gift, which is worth around £10, they could cash out about £5.

How much is 1000 TikTok coins? Currently in US it costs $26.99.

A diamond is equivalent to around $0.05 USD. It is important to note that based on TikTok's updated gifting policy, only users aged 18 and above can purchase coins and gifts. Furthermore, only content creators aged 18 and above are allowed to receive gifts and earn diamonds.

A rose, for example, costs $1 to purchase from TikTok. Other gifts can include a heart for $10, a Mishka bear for $100, fireworks for $1,099, or even a virtual yacht for a whopping $7,499. These are a far cry from the likes and views that a creator might be used to receiving.

Let's see the worth of TikTok coins. The current value of one TikTok coin is 1.3 cents, and 1,000 TikTok coins are worth $13.5, which is subject to change.

With the price of 1 coin, the TikTok Rose is one of the cheapest gifts you can send on TikTok Live. Other 1-coin gifts include the TikTok logo, Wishing Bottle, and Ice Cream Cone.

On TikTok, the lion gift costs 29,999 coins, which equates to about $400 US dollars.

Do Tiktokers get money from gifts?

Each diamond is worth 5 cents. So, the Drama Queen will be worth $125. But TikTok retains 50% of what you earn, so when you cash in your 2,500 Diamonds, TikTok will pay you $62.50. At the moment, TikTok requires you to make a minimum amount of $100 for a withdrawal and not take more than $1,000 a day.

If Someone Sends You a Lion on TikTok Live, It Means They Really Love You. By Joseph Allen. Nov. 2 2022, Updated 10:39 a.m. ET. In its short existence as a platform, TikTok has found a number of ways for its most popular creators to monetize their content.

With the TikTok Live Lion costing 29,999 coins, you'd have to spend a little over $400 to send one.

You can find your diamond count under Balance. Diamonds are estimated at $0.05 USD, but TikTok also retains a fee on top of that. Diamond values vary and depend entirely on TikTok's creator, ByteDance. You can withdraw a minimal amount of $100 up to $1,000 a week.

Roses are a form of new revenue stream for influencers on Tiktok called 'Gifts'. Gifts are awarded to streamers by viewers if they like the creator's content. Each award received is then converted to diamonds in the creator's account which can then be used for further purchases within Tiktok.

At the time of writing, 100 Coins cost $0.99 USD, and you can buy them in varying amounts of up to 10,000 coins at a time. This system seems to be in flux as, not long ago, you could buy 300 Coins for a dollar and 10,000 for $122. That has changed now, so keep an eye on what's going on with Coins.

TikTok pays between 2 and 4 cents per every 1,000 views. So, if you have a million views, you can expect to make somewhere between $40 and $50 (or around £35 to £43). This is just an estimate, though, as TikTok pays creators based on a variety of factors, including: Geographic location.