There is no doubt that TikTok has taken the world by storm with its increasing popularity. Their short video format has become a worldwide trend. While you have heard about how popular content creators earn through TikTok, you might not have heard about the TikTok coins, which are also a major part of their earnings. Once they reach 100 followers on their TikTok account, they can start earning. These coins are not regular and can be used for various purposes. In this article, you will learn everything about TikTok coins, especially how much is 1 million coins on TikTok and TikTok coins recharge. You will also get to learn how much is 20000 coins on TikTok.
How Much is 1 Million Coins on TikTok?
You will get to know how much is 1 million coins on TikTok further in this article. Keep reading to learn more about it in detail.
What are TikTok Coins?
TikTok coin is the currency used within the app. These coins are bought with real money and are stored in the TikTok Wallet. Adding the coins to the wallet is known as TikTok coins recharge. TikTok coins are used to send gifts to your favorite content creator. These are used are emoticons in the live stream and comments of a TikTok content creator. You can also recharge your account with TikTok coins and buy yourself TikTok promotions. One should always remember that these coins are not refundable.
How to Earn TikTok Coins?
As we have mentioned already, content creators earn coins by live streaming and through comments. They receive coins in the form of emojis which are called gifts. Each gift has a different coin value. Mentioned below is the coin value for each gift:
- Panda: 5 coins
- Italian hands: 5 coins
- Love bang: 25 coins
- Sun cream: 50 points
- Rainbow: 100 coins
- I’m very rich: 1000 coins
- Concert: 500 coins
- Drama Queen: 5000 coins
- Lion: 29,999 coins
Drama Queen Gift is the maximum a user can share. One can reach out to more users by growing their following.
Also Read: How to Get Free TikTok Coins
How Much Do TikTok Coins Cost?
Since these coins are purchased with real money, their values keep changing with the exchange rate. As of now, one TikTok coin costs 1.3 cents. The app offers seven coin packs. You can buy a maximum of 16,500 coins at a time for $300. The app also provides with bonus for first-time-coin purchases.
How Much is 1000 TikTok Coins?
Let’s find out how much is 1000 TikTok coins as we already know the cost of 1 coin. Based on the calculation where 1 coin equals 1.3 cents, 1000 coins equal 1300 cents. Therefore, the value of 1000 TikTok coins turns out to be $12.9.
How Much is 20000 Coins on TikTok?
Since we already know how much is 1000 TikTok coins, we can easily find out how much is 20000 coins on TikTok. All we need to do is find the value 20 times more than the value of 1000 TikTok coins. Based on the calculations the final value turns out to be $268.98.
How Much is 1 Million Coins on TikTok?
Calculating how much is 1 million coins on TikTok is not at all a deal as we already know how much is 20000 coins on TikTok. When 20000 TikTok coins cost $260, the calculation for 1 million TikTok coins comes up to $13000, approximately.
What is the Difference between Coins, Gifts, and Diamonds?
The primary difference between TikTok coins, gifts, and diamonds is that only diamonds can be drawn. Each diamond costs $0.05. Therefore, you need to convert your coins into diamonds to cash them.
How to Convert TikTok Coins into Real Money?
TikTok coins can be easily converted into real money. You need to link your PayPal account to your TikTok account. After linking the account check the coin balance page to know the existing number of coins, you can convert the coins into diamonds which can be cashed out in your PayPal account. You can cash out the coins at any time depending on your choice. You can let the coins accumulate for a period and then cash them or transfer the balance instantly to your PayPal account. This is how you can withdraw a minimum of $100 and a maximum of $1000 per day.
2. Tap on the Profile tab from the bottom bar.
3. Tap on the hamburger icon from the top right corner.
4. Then, tap on Settings and privacy.
5. Then, tap on Balance > LIVE Gifts > Withdraw.
6. Log in to your PayPal account with the proper credentials and Withdraw the money.
Note: There can be issues in the withdrawal of cash in two cases. One, when your details of the TikTok account do not match with the PayPal account. Second, is when you have violated any of the community guidelines issued by TikTok. Make sure you have given the correct particulars and abide by the guidelines given by TikTok. Read this article from the start to learn how much is 1 million coins on TikTok.
Also Read: How to Get Apex Coins for Free
Can TikTok Coins be Sold?
No, Neither the TikTok coins can be sold nor are they refundable.
What is the Difference between TikTok Coins and Diamonds?
TikTok coins cannot be cashed out whereas diamonds can be cashed out. A diamond is equivalent to two TikTok coins. There a creator is required to convert the coins to diamonds to make them into real money. You are required to have a minimum of diamonds that is worth $100 to cash them.
Who Can Receive Gifts on TikTok?
Some criteria need to follow if you want to start receiving gifts on TikTok. These criteria are listed below:
- You are required to join Creator next.
- Your content should have been published in the last 30 days.
- Your TikTok following should be a minimum of 1000 followers.
- Your account should be at least one month old.
- You should not have violated any of the TikTok community guidelines.
The above-mentioned were the details about the TikTok coins recharge and the value of TikTok coins. We hope this guide helped you understand how much is 1 million coins on TikTok. Please share your queries or suggestions in the comment section below.