How Much Are TikTok Gifts Worth (Coins, Diamonds and Gifts)
How much are TikTok gifts worth? If you are a regular user of TikTok, you might have already heard of TikTok live gifts. If that’s not the case, let me tell you that TikTok gifts are donations followers give to influencers. They come in various forms, and the price of each gift varies on TikTok.
Donated TikTok gifts can be converted into Diamonds, which you can exchange for money. Fans can support content creators they like in this way, as this is how many influencers make money.
But remember that since TikTok presents cost coins, buying them will require spending actual money.
Let’s look at how much are TikTok gifts worth and how influencers are making so much money from this popular short-form video app.
How much are TikTok gifts worth, and how they work
A new gift box icon may have recently started to appear on user videos on TikTok if you’ve been there lately.
It is the new gifting option on TikTok, which lets users offer virtual gifts for particular videos.
They resemble Reddit awards in some ways, except the recipient can trade them for actual cash.
Receiving gifts has a lot of advantages. Its first results in an algorithmic boost from TikTok:
“…a key metric that TikTok uses to assess the popularity of a video is the number of Gifts sent to a creator’s content.”
Second, the digital currency in TikTok is “diamonds,” and it is given to creators when users offer virtual gifts.
Users with enough diamonds may exchange them for money by going to their TikTok account and choosing the “Withdraw” option.
TikTok has several in-app currencies, which makes gifting a little confusing. You must first buy TikTok coins to purchase TikTok gifts. These come in various bundles—the discount increases with the size of the package.
The coins are added to your TikTok account when you make a purchase. These coins cannot be exchanged for cash or refunded. Using third-party services on this site is prohibited, and doing so may result in account suspension.
Once you have the coins, you may swap them in for a choice of special virtual gifts. Their gifts reward your favorite platform content creators.
If you enjoy their content, you can help them out by sending them gifts in all forms and amounts.
All you have to do is click the “Give Gift” button below the video. Your username and the kind of gift you gave them will be visible to everyone who watches the video and to the TikTok creator themselves.
Note: At 29,999 coins, the Lion on TikTok Live is the most expensive TikTok gift.
Checking Your Balance
You might wish to check your balance in the app after buying coins. Luckily, TikTok makes this simple:
- In the lower right corner, tap Me.
- In the top right corner of the screen, click the three dots.
- Tap Balance
The advertisement gives more details about the gifts. They show the worth in coins of a few virtual gifts:
- Panda: 5 coins
- Italian Hand: 5 coins
- Love Bang: 25 coins
- Sun Cream: 50 coins
- Rainbow Puke: 100 coins
- Concert: 500 coins
- I’m Very Rich: 1,000 coins
- Drama Queen: 5,000 coins
For example, if one of your fans gives you a Drama Queen (worth 5,000 coins), it is equivalent to 2,500 Diamonds on TikTok because those are worth 50% of the value of coins. Five cents is worth one diamond. The Drama Queen will therefore be worth $125. However, TikTok keeps 50% of your earnings, so when you exchange your 2,500 Diamonds for cash, you will only receive $62.50.
TikTok limits your withdrawals to $1,000 per day and requires a minimum withdrawal of $100.
What are the TikTok Coins?
An in-app currency paid with real money is called TikTok Coins. With Coins, you may purchase gifts for your favourite creators and Diamonds to give to someone as a token of appreciation or to express gratitude.
This activity has been seen before, such as tips on Twitch. If you enjoy what you know, leave a tip to show appreciation. The broadcaster makes a change, and for a brief moment, you feel great. In a way, TikTok allows you to monetize your fun somewhat.
Coin values vary and depend on exchange rates. You can purchase 100 Coins for USD 0.99 at the time of writing and in various amounts up to 10,000 coins at once.
As of not too long ago, you could purchase 300 Coins for $1 and 10,000 for $122; this system appears to be in flux. Keep checking what’s happening with Coins now that that has changed.
Diamonds are worth half as much as coins, or 2 coins are worth 1 diamond. You can earn real money while watching a live stream and diamonds. For instance:
- 70 coins $1.10
- 1 coin $0.0157
- 1 diamond $0.00785
Social media influencers often have highly successful careers. Influencers can earn a lot of money in many different ways, such as through sponsorships, brand partnerships, advertising, and donations from their supporters.
If you’re still not clear how TikTok Coins, TikTok Gifts, and Diamonds differ from one another, let me explain:
Real-world money is used to purchase TikTok coins, one of the main currencies on the platform. TikTok Gifts, often known as virtual gifts, are purchased using coins.
You can give a TikTok creator a tip as a form of virtual gift. They may come in the form of Emotes or animated graphics. You may financially support your favorite TikTok creators by sending them gifts, which will be converted into diamonds.
Diamonds come from the virtual gifts that your viewers have sent you.. These diamonds do not have monetary worth, but they can be traded for actual money. To earn money, you must redeem them.
Also Check: What Does Slay Mean On TikTok: Complete Meaning And Uses In 2022
How much are TikTok gifts worth, galaxy?
The total value of a galaxy gift is $10. Remember that your favorite influencers only get to keep half of the donations you send them galaxy gifts. The remaining 50% is retained with TikTok as a platform as a form of commission.