TikTok’s monetization system is based on gifts and their conversion. One of the most effective ways to make money on the platform is to receive virtual gifts from viewers during live broadcasts. These gifts can be converted into real money, making live streaming a lucrative opportunity for content creators.
TikTok as a monetization platform
In the early 2020s, TikTok has firmly established itself alongside Instagram and YouTube as the leading social media platform for bloggers. Initially, many experts were skeptical of its monetization potential, but the platform’s rapid growth has proven otherwise. Today, TikTok attracts advertisers, and content creators can use it not only to express themselves, but also as a source of income.
Unlike established platforms like Instagram and YouTube, TikTok offers the opportunity to gain exposure without significant investment. Moreover, monetization is not directly tied to the number of subscribers – what really matters is the number of video views. This means that even beginners can start earning from day one.
Earning on TikTok gifts
One of the easiest ways to earn on TikTok is through virtual gifts. During live broadcasts, viewers can buy gifts with TikTok coins and send them to their favorite authors. Each gift has a certain value, and upon receiving it, authors can convert it into real money. The more expensive the gift, the higher the earnings.
Here’s an overview of the most expensive gifts currently available on TikTok.
The 5 most expensive gifts on TikTok
TikTok regularly updates its range of virtual gifts, adjusting their value and introducing new options. Currently, the most expensive gifts include:
TikTok Universe – 34,999 coins
Lion – 29,999 coins
Rocket – 20,000 coins
Planet – 15,000 coins
Interstellar – 10 000 coins\
How to withdraw your earnings
To cash out earnings from TikTok gifts, creators need to link a PayPal account or bank card. The minimum withdrawal amount is $10 and the maximum daily limit is $1,000.
Processing times for withdrawal requests range from a few seconds to 15 days, depending on the withdrawal method and TikTok’s internal security checks.
As TikTok continues to improve its monetization features, it becomes an increasingly attractive platform for making money. What started as a place for entertainment has evolved into a legitimate source of income for content creators willing to engage with their audience.
Because people , (some people that is) are generous to those in need, So if you do not understand why people send gifts in such a large amount it is because they believe the person on the other end is deserving of it and that they are most likely in need of it, and it makes their heart whole to know that they can reach out and send help to those who are less fortunate. It is called compassion. Others do it because it’s addictive or because it’s fun or because maybe they’re trying to help someone they know become a rising star on TikTok and if they’re able to send it then there’s no problem.
Madness i know
My mind still cannot comprehend why people are sending so much money to tiktokers. I understand sending a symbolic gift of $1, but $500 for a lion is beyond my understanding.