Today, almost every app has found a way to monetize their platform using virtual currencies. These moves may have been fueled by the sudden growth of digital currencies like Ripple and Bitcoin.
In this frenzy, TikTok has not been far behind.
Now, they have their own version of virtual currency that can only be used within their ecosystem.
Today, I am going to show you how to earn coins on TikTok. But first, what is this and why should I pay attention?
What is TikTok?
TikTok is a social media platform, where you share 15 second videos of you doing anything.
Interestingly, this platform came out of the blue in the spotlight, and now everyone is talking about it.
It turns out that the way TikTok does things is not a new concept at all.
Initially, there was this app previously called Music.ly .
It was popular with teenagers and they used it to post 15-second lip-synchronized videos to the most popular songs.
TikTok swooped in and not only took the same approach, but also took it to the next level.
See, with Music.ly, it was all about the music, but TikTok lets you post anything as long as it’s 15 seconds long.
And I think this approach is what fueled his sudden rise to the top.
Because let’s be honest, not everyone enjoys music. And when the option of getting the variety presented itself, we took it with both hands.
What are TikTok Coins?
Now, to post on the TikTok platform, you can post already created content or decide to go live.
Just like all other social media platforms like Facebook, you can have your followers watch you do your thing live where they can interact with you.
How?
Commenting of course.
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TikTok Coins, therefore, are virtual in-app currencies that can only be acquired by paying with real money.
Once you have the coins, you can use them to appreciate your favorite creators.
Think of it as a way of saying thank you for all the trouble they go through to bring you entertainment through the best content.
Again, this type of token of appreciation during live streams is not new at all, and as mentioned, some other platforms have implemented it in the past.
For example:
- On YouTube, there is the use of a Super Chat feature. Here, the viewer pays a small fee to make their chat visible during a live stream. This keeps their comment highlighted for a specific period, depending on how much they paid for it. Unfortunately, this is only a feature available to YouTube partners. And share the revenue with the platform
- Twitch also has the same tipping strategy. Here, you send a certain amount to show your appreciation for the content.
And this works great. You feel good about entertainment and the creator gets encouragement.
In some cases, the more you tip, the better your chances of receiving an award.
That’s huge, especially when the channel is considered “big” in terms of popularity and followers.
And somehow, screaming has become a strategy to make more money on TikTok.
Quick note:
TikTok coins are not a kind of cryptocurrency like Bitcoin or Litecoin and therefore cannot be mined.
As already mentioned above, these coins can only be used within the TikTok app.
You cannot find them anywhere else both online and offline.
How are TikTok coins used?
First, to use TikTok coins, you need to have them in your wallet. Go ahead and earn them (purchase them later within the app).
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These coins have different prices, which can be attributed to inflation as TikTok tries to siphon more profit from them.
At the time of writing, 100 TikTok Coins cost $0.99 and you can have as much as you want, up to 10,000 coins.
Once you have the coins in your wallet, you can use them to send gifts to your favorite creators. These gifts have a variable value and you only send them based on how they made you feel.
If you feel really good, you send valuable gifts and the opposite happens.
These gifts are mainly in the form of emoticons.
These emotes can only be purchased using the coins in your wallet and have the corresponding value. Ideally, there are five types of these emoticons:
- Panda: costs 5 coins.
- Italian hand – value 5 coins.
- Love bang: costs 25 coins.
- Sun cream – worth 50 coins.
- Rainbow vomit: worth 100 coins.
- Concert – 500.
- I am very rich, thousand.
- Drama Queen: Costs 5,000 coins.
Again, these emotes can be used during a live stream. They appear in the chat and only the creator can see them.
Something worth noting, the TikTok streamer keeps 50% of the value of the coins.
If viewers use 1,000 coins, the streamer keeps 500 and TikTok keeps the rest.
Once the creator has accumulated enough coins, they can immediately exchange them for diamonds.
Pay attention because these are not the diamonds you are thinking of.
They are virtual currencies that are only used by TikTok streamers.
Its function is to store the value of the coins received before the streamer decides to withdraw them.
Therefore, TikTok Diamonds, just like TikTok Coins, cannot be used or found anywhere else outside of the platform.
Once the transmitter reaches a threshold of more than $100 in diamonds, they can now convert them into real coins that are sent through PayPal.
TikTok Coins can only be purchased within the platform.
Anyone who tells you that they can give you coins outside of the app is lying to you.
In fact, ever since the app introduced the use of coins, there has been an influx in the number of sites promising TikTok coins to unsuspecting users.
Well, to save you trouble, there is no such thing.
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These sites are behind your account. And the promised TikTok hacks will only lead to your account being banned from the platform forever.
If you want to buy TikTok coins, please use the following procedure.
- Sign in to your TikTok account and locate the Me button (usually in the bottom right menu) and click on it
- Tap the three dots at the top right of your screen
- Click Balance
- You should be able to see the Reload button, tap on it
- A list of the number of coins with the corresponding prices will appear. Click on the quantity you wish to purchase. Remember, you must be 18 years or older to purchase TikTok Coins.
- You will be given the option to pay with Google Pay or Apple Pay if you have them enabled. Otherwise, you have the option of using a credit card.
- If the transaction is successful, you will receive an in-app notification. Click OK to proceed
By now, your TikTok wallet balance should reflect the number of coins you just bought.
How to get coins on tiktok without paying?
Unfortunately, there are no free TikTok coins on the internet
Heck, there is no legitimate way to get free coins on TikTok.
They cannot be earned anywhere other than in-app purchases on both Android and iOS with real coins.
As I mentioned earlier, if someone promises you free TikTok coins, hold onto your wallet and run as fast as you can.
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These websites are either scams or there to hack into your accounts and extract personal information.
In fact, TikTok is known for its strong position when it comes to moderating its platform.
To maintain the safety of all its users, TikTok is known to immediately ban any account suspected of suspicious activity within the platform, so it is not worthy to use such TikTok coin generators.
Think for a second:
To change your coin balance on TikTok, generators must have access to TikTok’s databases.
That sounds ridiculous because it’s next to impossible considering how much the company has invested in repelling such attacks.
Frequent questions
When can you make money with TikTok?
To earn money directly from TikTok, you must be at least 18 years old and have an account with 10,000 followers as a prerequisite.
And that’s not all, your account must have acquired more than 100 visits in the last 30 days
How to make money with TikTok Creator Fund?
You must be a creator from the US, UK, France, Germany, Spain, or Italy to earn income from this fund.
As a prerequisite, you will need to have 10,000 followers, at least 100,000 video views in the last 30 days, and be at least 18 years of age.
How to make money with Tiktok in Kenya
- Go live on TikTok and ask your followers for gifts.
- Get brand sponsorships (if possible, work with Odibets).
- Print and sell merchandise on demand.
- Charge your followers for shouting on TikTok live.
- Promote affiliate products.
- Earn by making TikTok videos for business.
- Sell TikTok accounts
How to get coins on Tiktok without buying them
Interestingly, no one has not been able to come up with tricks or cheats to get TikTok coins without buying them.
If you want TikTok coins, better buy them or use alternative ways to acquire them like:-
- Request coin gifts on TikTok Live.
- Loading TikTok coins for screams.
- Ask for tips in the form of TikTok coins
How to make money on TikTok in Hindi.
As much as TikTok is global and works the same across the board, the earning potentials are not the same for all countries.
Unless you are located in the US, UK, France, Germany, Spain, or Italy; you cannot win in any other way than: –
- Get sponsorships.
- Growth and sale of TikTok accounts.
- Asking for advice in your videos.
- affiliate marketing
- Printing and sale of merchandise on demand.
- Make TikTok Videos for Business
- Or find customers for your business on TikTok
