TikTok is now next in line to receive gifts from their followers through Live Stream Program. Not quite long the video streaming platform introduced the Live feature for it users who are 16 and above and have a reasonable amount of users.
Besides providing endless hours of entertainment and a platform to share dance moves, TikTok allows content creators to make money through virtual gifts.
Here’s is everything on TikTok coins, gifts, and diamonds.
All You Need to Know About the TikTok Live Stream Program
This feature is only available to users who are aged 16 or older and they are selected at the discretion of the platform.
Like I said earlier, creators are chosen based on their number of followers or the quality of the content they produce.
What Are TikTok Coins?
Now you can support your favorite content creator by sending gifts as a sort of tip. But you can only buy gifts using coins, which is TikTok’s in-app currency.
To purchase these coins you need to go to click on your TikTok profile and then click the three dots on the top right corner of your screen. Next, select Balance. In the balance section, you’ll view your coin balance.
If you balance is empty, tap Recharge and you’ll see how much coins cost. To buy coins, select the number you want to buy. You then pay using your Apple ID or Google Account. Once you have enough coins, you can start buying gifts.
What Are TikTok Gifts
If you see creator hosting a live stream, you’ll see a small gift box icon at the bottom right section of the screen. When you click on it, you’ll be redirected to sort of gift shop where you can select which gift you want to buy and send to the content creator.
Some gifts are more expensive than others. Some content creators will give their fans a quick “thank you” live after a fan sends them a gift. Others will offer a TikTok duet with followers.
What Are Diamond on TikTok?
Content creators collect these gifts like tips at the end of the live session. These gifts automatically turn into virtual credits called diamonds in the creator’s balance or wallet.
Diamonds are converted to US dollars, which you can then withdraw into your bank account. A diamond is equivalent to around $0.05 USD.
If you’re content creator, you can check your diamonds by clicking on your profile then select the three dots on the top right part of your screen.
Click Balance then go to LIVE Gifts. Inside Live Gifts, you’ll see your balance in dollars.
Note: only content creators aged 18 and above are allowed to receive gifts and earn diamonds.
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