What Are TikTok Coins?
TikTok Coins are in-app currencies that allow users to support their favorite creators by sending gifts during live streams, turning likes into real earnings. Coins play a key role in TikTok’s creator monetization model. These in-app tokens let viewers purchase virtual gifts and support their favorite creators, directly boosting a creator’s earnings. Creators get Diamonds for each virtual gift they get. These Diamonds serve as a conversion metric for monetization, and TikTok sets their value. TikTok’s compensation scheme allows creators to cash out their Diamonds. However, before sending the funds to the creator’s PayPal account or bank account, TikTok charges a percentage as a service charge.
How Much Are TikTok Coins Worth?
Due to regional pricing and currency exchange rates, TikTok Coin prices vary by nation. Below are the costs of buying 70 and 700 coins in different nations.
70 coins: $0.84 USD 350 coins: $4.20 USD 700 coins: $8.40 USD 1,400 coins: $16.80 USD 3,500 coins: $42.00 USD 7,000 coins: $84.00 USD 17,500 coins: $210.00 USD
Creator Earnings Commission Percentage
Typically, creators receive 50% of the coin’s value in Diamonds. Since the approximate worth of each diamond is 0.005 USD, therefore, five dollars would be equivalent to 1,000 diamonds.
Conversion Rate of Coins to Diamonds
When viewers give virtual gifts to creators during live streams on TikTok, the creators get Diamonds. One TikTok coin is often equivalent to half a diamond. For example, the maker would receive 50 diamonds if they received 100 coins as a gift. This indicates that diamonds are worth roughly half as much as coins.
What is the Value of Gifts in TikTok Coins?
Different gifts range in value, such as:
Rose: 1 coin for USD 0.01 Panda: 5 coins for USD 0.05 Fireworks: 999 coins for USD 10 Ferris Wheel: 3,000 coins for USD 30 TikTok Universe: 34,999 coins for USD350
How to Buy & Manage TikTok Coins?
If you’re looking to buy coins to send to a creator, you can purchase them in two ways.
Method 1: Via TikTok App
Follow the steps below to do the same:
You will now be able to use the coins on the platform.
Method 2: Via TikTok Website
Users often get a cheaper bundle of coins from the website. Visit the official website of TikTok Coin Purchase and follow the same steps as mentioned in Method 1: Via TikTok App.
TikTok Coins v/s. Diamonds
You’re not the only one if you have been confused between coins and diamonds. Let’s end this mystery:
How to Maximize TikTok Coin Earnings
As a creator, you can try out various ways through which your followers send you coins:
Be more engaging in live streams. Use call-to-actions like “Drop Fireworks to congratulate me!” Go live discussing popular subjects and trends. Use trending hashtags and audio on your videos. Collaborate with other popular creators during live streams. Give top gifters extra recognition, Q&A sessions, or behind-the-scenes content. Give live streams with only exclusive subscribers. Organize challenges or competitions where gifters can follow or win exclusive interactions.
Can I Refund TikTok Coins?
Refunds for TikTok Coins are typically not given unless the coins are defective or mandated by law. According to TikTok’s Coin Policy, you have 14 days from the day after you buy the coins to cancel your order and ask for a refund.
Can I Get My Gift Return on TikTok?
No, once you have spent the coins as a gift, TikTok cannot refund the coins or the gifts.
How to Resolve Coins Not Showing Up After Purchase
If your coins are not reflecting in your profile after a purchase, you can try out these methods:
Wait for some time for the coins to be processed. Log out and re-login to your account. Contact TikTok Support. Uninstall and reinstall TikTok.
Also Read: How to View Your Watch History in TikTok Now that you have gone through all the specifics of TikTok Coins, we hope your doubts are cleared with the methods shown in this guide. Keep visiting TechCult to know the latest tech walkarounds. If you have any queries or suggestions, do reach out to us in the comment section.
