TikTok has become one of the most popular and lucrative platforms for content creators. If you want to make the most of your presence on this social network and generate income while surprising your followers with gifts, here we reveal everything you need to know.
Effective strategies to make money on TikTok
There are several ways monetize your TikTok account and turn your passion for creating content into a source of income. Some of the most effective strategies include:
- Collaborations with brands: If you have a loyal and engaged audience, brands may be interested in collaborating with you to promote their products or services.
- TikTok Creator Fund: TikTok rewards top content creators through its Creator Fund program, which offers payments based on the performance of your videos.
- Sale of products or services: You can use your TikTok account to promote and sell your own products or services, taking advantage of the visibility that the platform gives you.
What is the TikTok wallet and how it works
El TikTok wallet is a virtual tool which allows you to store and manage the coins you acquire on the platform. These coins are the official currency of TikTok and are used to send gifts to your favorite creators during live streams or in their videos.
To access your wallet, simply go to your profile and look for the “Coins” option. There you can see your current balance and recharge to get more coins. The wallet is linked to your TikTok account and cannot be transferred to other platforms or redeemed for real money.
How to get coins to send gifts on TikTok
To send gifts to your favorite creators on TikTok, you'll need acquire virtual currencies. You can buy these coins directly from the application, following these simple steps:
- Go to your profile and click on the “Coins” option.
- Select the number of coins you want to buy. Prices may vary depending on the quantity chosen.
- Choose your preferred payment method, such as credit card, PayPal or gift card.
- Confirm the transaction and that's it! The coins will be added instantly to your wallet.
It's important to know that coin prices may vary depending on the quantity you want to buy. Here we show you some examples:
| Number of coins | Price |
|---|---|
| 65 | $0.99 |
| 330 | $4.99 |
| 1321 | $19.99 |
How to send gifts on TikTok step by step
Once you have acquired coins, you can send presents to your favorite creators. Follow these steps to do it:
- Make sure you are at least 18 years old, as this is a requirement to send gifts on TikTok.
- Open the app and go to the video of the creator you want to send a gift to.
- Press the "Comments" button and then select the "Gift" button next to "Add comment." If you don't see the gift option, the video may not be eligible for gifts at that time.
- Choose the gift you would like to send. Each gift has a different value in coins.
- If you need more coins, press “Reload” and follow the instructions to complete the payment.
- Write a personalized comment to accompany your gift and press "Send."
Your gift will be delivered to the creator and you will be able to see their reaction in real time if they are doing a live broadcast.
Real value of gifts and diamonds on TikTok
When you receive gifts on TikTok, they become diamonds that accumulate in your account. But what is the real value of these diamonds? According to information provided by TikTok, 1 diamond is equivalent to approximately 5 cents.
That is, if you receive a gift that costs 1000 coins, the creator will receive around 50 diamonds, which translates to $2.50. Although it may not seem like much, this income can accumulate over time and become a considerable sum.
Requirements to receive gifts on TikTok
If you are a content creator on TikTok and want to receive gifts from your followers, you must meet certain requirements established by the platform:
- Be part of the Creator Next program.
- Be at least 18 years old (19 in South Korea or 20 in Japan).
- Your account must have a minimum of 100,000 followers and be at least 30 days old.
- You must have uploaded a public video in the last 30 days.
- Your account must be free of penalties and you must follow the Community Guidelines and Terms of Service.
Importantly, business accounts cannot participate in the TikTok gifting program. Additionally, creators with less than 10,000 followers can only receive gifts during live streams.
Configuration options to manage your TikTok wallet
TikTok offers different configuration options to manage your virtual wallet and control your expenses. Some of the most useful are:
- Lock the wallet: You can set a monthly spending limit or completely disable the option to purchase coins to avoid unwanted expenses.
- Turn off restricted mode: If you have restricted mode activated, you will not be able to buy coins or send gifts. Make sure to disable it if you want to use these features.
Fixing Common Money Issues on TikTok
Sometimes there may arise Problems buying coins or receiving payments on TikTok. If you encounter an error while purchasing coins, be sure to verify your payment method and contact TikTok support if the issue persists.
Regarding payments, TikTok establishes specific requirements to be able to receive the profits generated through the platform. These include meeting a minimum earnings threshold and providing valid tax information. If you meet these requirements and are still experiencing payment issues, feel free to contact the TikTok support team.
There are no legitimate methods to get infinite or free coins on TikTok. Be wary of any website or app that promises these benefits, as they are likely scams or phishing attempts.
TikTok offers exciting opportunities for Earn money and send gifts while sharing your creativity with the world. Please take advantage of these features responsibly, protect your account, and enjoy the incredible community of creators and followers on this platform.
I am Sebastián Vidal, a computer engineer passionate about technology and DIY. Furthermore, I am the creator of tecnobits.com, where I share tutorials to make technology more accessible and understandable for everyone.