TikTok has been one of the most preferred platforms by users who aspire to become content creators. It has more than 1 billion active users and it is a platform through which a lot of mega content creators viral and earn millions of dollars.
One of the most common ways to monetize your content is by receiving virtual gifts from your followers and friends. In this blog, I have tried to cover all your doubts and questions related to TikTok’s most expensive gifts.
The most expensive TikTok gift is Tiktok Universe which is worth 34999 TikTok coins. It costs more than $500.
Please note that TikTok Coins are the virtual currency of the TikTok app. TikTok users have to purchase these coins using real money. The maximum number of coins you can purchase at once is 16500 coins for $249.
Here is the list of the top 5 most expensive gifts on TikTok:
TikTok users can buy coins through a few different packages.
Virtual gifts are a great way of showing affection for your favorite content creators on TikTok.One of the most common gifts used to tip creators is a rose which is worth 1 TikTok coin.
Please note that you can only send TikTok gifts to users who have more than 1000 followers and there should be 18 or above. Also, the gifts have to be brought in the app’s in-house currency (TikTok coins).
After collecting these virtual gifts, a user can exchange them for diamonds and ultimately encash those diamonds in their PayPal account. As I explained earlier, the worth of these gifts varies.
There are different types of gifts available on TikTok. I will walk you through the various kinds of TikTok gifts and their value.
You can earn gifts on TikTok by going live. Your followers and other users can send you a gift if they like your live stream or your content.
So, to earn TikTok gifts, firstly, you need to create original content and eventually, once other users start liking your content, go live and interact with your followers.
You need to have at least 1000 followers to earn TikTok gifts and also to go live. Moreover, you need to be 18 years old to receive as well as send someone virtual gifts.
Most importantly, you need to enable the LIVE gifts feature on TikTok to receive. Here is how you can do it:
Open the TikTok app and tap on the Profile icon which is present in the bottom right of the screen
Then tap on the three-line icon present in the top right and go to Settings
Look for the option of Creator Tools and tap on LIVE Gifts
Turn on the toggle for LIVE Gifts and you can do it for Video Gifts as well (this way you can receive them even on your regular TikTok videos)
TikTok users need coins which is the app’s in-house currency to buy TikTok gifts. Coins have to be brought with their real money.
Also, please note that the value of the coins can fluctuate and can differ from country to country. Below is the chart of coins and their value in dollars.
When a TikTok user receives gifts, they can convert those gifts into diamonds. One diamond is worth half the value of a coin. It means, 2 coins are equal to 1 diamond.
As of now, the value of 1 diamond is equal to $0.05. Once creators receive diamonds worth $100, then TikTok gives them the option of encashing them. You can see the number of diamonds you owe in the ‘Balance’ feature of the TikTok app.
So, when a user purchases a virtual gift, they buy it with TikTok coins, which are the in-house currency of the app. They need to be purchased with real money.
Then when a Creator receives gift points, they get converted into the form of diamonds, and eventually, once a creator has diamonds worth $100, they can encash them.
When a content creator receives a TikTok, they need to convert those gift points into diamonds. Diamonds are half the value of the coin. Therefore, 2 coins are equal to 1 diamond and roughly 1 diamond is worth $0.05.
Once a creator has diamonds worth $100, they can encash them. Just go to your TikTok profile then click on the three dots and on the top right-hand side of your screen and select Balance, from there you can withdraw the balance.
It is compulsory to have a PayPal account linked to your TikTok account to encash money. You just need to fill in some TikTok account details to link your PayPal account to it and it will easily get linked.
Also, in my social media experience I’ve observed that the account details of your Paypal account should match your TikTok account details. You cannot give someone else’s PayPal account and make sure that you have had an active PayPal account for the last six months.
The most expensive gift on TikTok is the 'TikTok Universe,' which is worth 34,999 coins. This translates to a real-world cost of over $500 for the user sending the gift.
Creators receive virtual gifts from viewers during live streams or on their videos. These gifts are converted into 'Diamonds,' which is a form of credit. Once a creator accumulates $100 worth of Diamonds, they can withdraw the money to their linked PayPal account. TikTok retains 50% of the gift's value.
To be eligible to receive gifts, a TikTok user must be at least 18 years old and have a minimum of 1,000 followers. They also need to manually enable the 'LIVE Gifts' and 'Video Gifts' options in their account settings.
TikTok Coins are the in-app currency that users purchase with real money to buy and send virtual gifts. Diamonds are what creators receive when they are sent a gift. One Diamond is worth 50% of one Coin's value, and Diamonds are what creators can eventually convert into cash.
The Lion gift is one of the most expensive gifts on TikTok, worth 29,999 coins. This costs the sender approximately $400.
TikTok keeps a 50% commission from the gifts sent to creators. This means the creator only receives half of the monetary value of the gifts they are sent.