The Tik Tok application is used, among other things, for commercial purposes. The proposed material discusses Tik Tok coin, taking into account the features and exchange rate of the local currency, spending opportunities, withdrawal rules in 2020–2021.
Peculiarities
Many functions of Tik Tok allow you to earn money. Therefore, additional tools have been introduced on the platform to facilitate the use of all the features of the application.
What is it
Coins are called the internal currency of the social network, operating on the platform and based on the use of real money. Earned coins are kept by the user indefinitely.
How to use Tik Tok coin
Well
Coins are sold at a price depending on the purchased set. On average, the exchange rate of this currency corresponds to the US dollar. The cost of coins, taking into account the volume of the lot of coins, is shown in the table.
| Number of coins in the package | Price, USD |
| 100 | 0.99 |
| 500 | 4.99 |
| 2000 | 19.99 |
| 5000 | 49.99 |
| 10,000 | 99.99 |
On a note. The more coins a user purchases, the cheaper the purchase.
How to buy
To buy coins, you need:
After successive completion of the above steps, a virtual amount will appear on the online account, taking into account the replenishment made.
Purse
Application
Despite the prohibition of direct financial transactions in the application, the platform allows you to use virtual money for its intended purpose.
What do you need
Coins are spent on buying emojis, diamonds and rewarding favorite tiktokers.
Emoji
Emojis are paid rewards for tiktokers whose videos are of interest to the user. By sending such a sticker to the author, the user simultaneously transfers a certain number of coins. The cost of emoji is from 1 to 5,000 coins or more.
diamonds
In addition to stickers, you can buy and give a diamond, the price of which is 0.5 US cents. One dollar equals 200 diamonds. This is another sign of recognition to the author for creating quality content.
This equivalent of recognition cannot be bought, but can only be earned or received as a gift from other users.
diamonds
promotion for tiktoker
The user has the opportunity to encourage the author he likes when speaking live. To do this, after switching to watching the broadcast, you should click on the emoji or other gift option in the lower right corner of the screen.
From the proposed list, select a suitable promotion. If there are not enough funds on the virtual account, the system will redirect to the menu item with replenishment of the balance.
How to earn
To earn coins on the platform, they create and post videos, conduct live broadcasts that attract visitors.
Live broadcasting on TikTok is possible with the number of subscribers from 1,000 or more.
You can increase your earnings by:
These techniques will increase the popularity of tiktoker and will lead to a corresponding increase in streaming revenue.
Important. Replenishment of the balance with the ability to send gifts is available only to adult visitors.
Other ways to monetize
In addition to receiving monetized user recognition, you can earn money on TikTok by:
There are many ways to earn money, you can choose the one that suits you.
Getting advice
The popularity of a TikTok profile is increased by the following methods:
In addition to the usual means, they use special services for cheating, for a small fee, increasing the characteristics of the account, with the purchase of likes. Complex programs take into account the peculiarities of social network algorithms in order to exclude bans and blocking.
Withdrawals
After a certain amount has formed on the profile balance, it is important to understand how to withdraw money by turning virtual currency into real.
rules
There are certain rules for withdrawing funds from a TikTok account. It is possible to withdraw coins with a minimum amount of $100. The maximum limit during the day is up to $1,000.
For security reasons, the duration of the transaction is from three days to 21 days. The larger the withdrawal amount, the faster the money will come out.
The platform does not charge withdrawal fees, but the fee is present in the PayPal payment system involved. Funds are initially withdrawn to the specified electronic wallet with subsequent transfer to a real bank card.
Reference. For withdrawing money via PayPal, the fee in EU-US is 3.8 percent of the transferred amount.
How to create a wallet
To register on PayPal with the creation of a wallet, you will first need to have:
Registration is carried out in the following order:
After all the information is entered, the data will be checked by the security service of the payment system. The final creation of an electronic wallet is completed based on the results of verification. To do this, by entering your personal account, you must confirm the specified mail, information on the linked credit card, paying the cost of this service (about $ 1.95).
The statement of the completed transaction for payment of verification will indicate the numerical code that is entered on the official website of Paypel. After the card is confirmed, the deposited funds will be returned to the account.
How to attach a wallet to a profile
To do this, perform the same actions as when buying coins. But in the “Payment Method” section, click on the inscription “Add PayPal”. Then enter the mobile phone number and tap on the “Allow” button.
How to withdraw
To withdraw funds after accumulating the required amount, enter the settings menu item with the corresponding wallet. They turn to the tab with “My withdrawals”, indicating the required amount and confirming the transaction.
Withdraw funds from Tik Tok wallet
Transfer to the card
Money is withdrawn from PayPal to the linked bank card in the following order:
The status of the ongoing transaction is tracked in the “Overview” menu item. The translation will be completed in 4-5 days.
By the way. Money can also be transferred to another wallet – Yumoney, etc.
Possible problems
If you have problems with the withdrawal of coins, the Tik Tok support service will help. Sometimes this happens, although quite rarely. The message is sent to [email protected] or directly to the technical support section. Sometimes problems are related to crashes in PayPal. Then help will be provided by the support of the specified payment network in the corresponding menu item on the personal page of the site.
Sometimes, if there are diamonds, the network balance remains at zero. This indicates that the number of diamonds is not enough for the amount of 1 dollar. When the total value of diamonds exceeds this threshold, the balance value will change.
Tik Tok provides users, in addition to interesting leisure activities, the opportunity to earn money. It remains only to follow the rules set by the founders of the network, and accumulate on the account an amount sufficient for withdrawal.
