Last Updated on January 29, 2023 by Louis Ojibe
How much do TikTok Gifts cost? Well, if you are one of those users who would like to know how much the gift points on the platform are worth, then this article is for you.
TikTok is a fun, short video streaming platform that took the world by storm and became a massive success worldwide. The app has brought some new waves of popular creators who stream short-clip videos of their talents and interests, entertaining viewers.
No doubt, popular TikTok influencers can make thousands of dollars for every post. TikTok has used virtual rewards like gifts and diamonds to control in-app cash flow.
What are TikTok Gifts?
TikTok Gifts are actually icons that range from pandas to drama queens, and users can accept these gifts from fans during a Live video once they’ve reached 1,000 followers. You can check out this article on How to Easily Get 1K Legit Followers on TikTok in 5 Minutes.
Each of these gifts represents a different dollar amount, and they can be traded for virtual diamonds. You can then use the diamonds to receive real money using PayPal or other secure payment methods available on the app.
Users can purchase a gift within the TikTok app using coins. These coins, on the other hand, are purchased using real money and are the only purchases allowed within the application. You can read this article to understand All You Need to Know About TikTok Recharge Coins.
After you have purchased these coins, you can click on the pink gift icon while viewing a TikTok Live video to send the virtual icon to another user.
How Much Do TikTok Gifts Cost?
The cost to purchase each gift on TikTok is as follows:
- Panda – Five Coins
- Italian Hands – Five Coins
- Love Bang – Twenty-five Coins
- Sun Cream – Fifty Coins
- Rainbow Puke – One-Hundred Coins
- Concert – Five-Hundred Coins
- I’m Very Rich – One-Thousand Coins
- Drama Queen – Five-Thousand Coins
As I mentioned above, creators can convert each gift to diamonds and then withdraw them as actual money. You might not get a detailed explanation of how much each gift is worth, but let’s break it down like this:
- Diamonds are worth 50% of the coins’ value.
- TikTok takes a commission of 50%
What this means is that if you send someone a Drama Queen that you have purchased with five-thousand coins, they’ll get several diamonds worth about $0.05 each. You might think creators don’t make enough money from these gifts, but you’re wrong; they actually do. This is because these gifts are sent by a large audience in different quantities.
Creators can also take part in challenges or even create one within the app for gifts. Let’s not also forget fundraisers within the app that have a ‘donate’ option and help others in need.
It’s important to mention that you must be over the age of 18 to send a gift on TikTok. This is after the company was forced to implement strict policies that protect younger users from scams.
Difference Between Coins, Gifts, and Diamonds
Let’s put it like this, you can’t exchange TikTok coins and gift points for real currency. The only thing that can be cashed out is TikTok diamonds. From the Balance section, you can find out how many diamonds you have. Diamonds are estimated at $0.05 USD, and TikTok also adds a certain fee to that.
For each gift you send to another creator, the value will be removed from your available coin value. TikTok donations are totally voluntary. You don’t need to send gifts to anyone, but you can if you really enjoy their content.
The values for Diamonds vary and depend entirely on TikTok’s creator, ByteDance. You can withdraw your Diamond rewards to your bank or PayPal account once you have accrued 2,000 Diamonds.
How to Earn Many Gift Points
The only safe way to earn many TikTok gifts is by gaining lots of followers. This won’t be hard if you are consistent with original and unique videos that stand out and attract viewers. You’ll need to have a lot of talent and also a passion for video creation.
How Much Do TikTok Gifts Cost? This article covers everything you needed to know. You can also check out the answers to some frequently asked questions related to TikTok gifts.
Frequently Asked Questions
Here are answers to some of the most commonly asked questions about gifts.
Can I get gifts on videos?
Yes, sure you can get gifts on videos, but you’ll need to have a minimum of 100,000 followers first. Remember that you can only receive gifts on your Live streams after 1,000 followers, but as of standard uploads, the minimum is 100,000 followers.
I can’t accept gifts! What’s wrong?
It simply means that you’re under the age of adulthood in your region. According to TikTok’s Virtual Items Policy, users under 16 can’t accept TikTok gifts.
Another reason might be a violation of a certain community standard. If this is the case, you should contact TikTok support for more help.
TikTok won’t accept my PayPal information. What do I fix it?
Your PayPal information will not be accepted if it does not match your TikTok information. This means the names on both accounts must match. You can change your name on TikTok to fix a mismatch of information by going to the profile section.
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