TIKTOK gifting is a way for content creators to earn money from their videos.
Other social media platforms like Twitter and Instagram provide ways for people to generate income from their work and TikTok is no different.
What are gifts on TikTok?
Gifting can provide a profitable way for social media influencers to bring in money for their efforts.
There are many similarities with people making donations on Twitch.
On TikTok, fans can give donations with what are known as gifts.
There are certain protections in place relating to gifting and anyone wanting to buy coins must be over 18.
This is to ensure minors are not being exploited on the platform.
How much are TikTok gifts worth?
The virtual gifts are actually a variety of icons which range from pandas to a drama queen.
The different gifts represent different amounts of cash.
Once you’ve collected your gifts, you can trade the virtual icons for virtual diamonds.
The cost to purchase each gift 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
How do I send a gift on TikTok?
Gifting on TikTok can be a little complex and confusing as there are a number of different in-app currencies.
However, the first step is to purchase TikTok coins which are available in different sized bundles – the larger the bundle, the bigger the discount.
When you make a purchase these coins are added to your account.
These coins cannot be refunded or exchanged for cash. The use of third-party services here is strictly prohibited and it can get your account banned.
In turn, those coins can be exchanged for a number of virtual gifts.
If you like a particular creator you can show your support by sending them a gift, of varying amounts and forms.
To do this, all you have to do is select ‘Give Gift’ below the video.
Anyone watching the video and the person who created the TikTok will be able to see your username and the type of gift you gave them.
Once you send someone a gift on TikTok, it is converted into a diamond on that person’s profile. They cannot be bought with money.
However, once the diamonds have been received they can be converted into cash,
This can be done through payment services like PayPal.
The minimum withdrawal amount is $100. The maximum amount you can withdraw weekly is $1,000.