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What Are TikTok Coins and Why Should You Care About Them?

Social media influencers and affiliate marketers get paid for promoting products or services online because they have such a huge following. Millions of people use social media every day to promote their businesses, their creativity, and the like without much to show for it unless sales come their way.

Social media platforms are now making it easier for creatives to not only get recognition for the hard work they put in but to get paid, and it doesn’t necessarily come from paying customers.

If you’re a regular creative on TikTok, you’ll want to read on to learn how TikTok coins can monetize what you do. If you’ve ever wondered what TikTok coins are, here is a brief overview of how TikTok coins work, what they are worth, how to redeem them, and how to add them to your account.

Please note: Some of the links in my posts are affiliate links. I get commissions for purchases made through those links. As an Amazon Associate I earn from qualifying purchases when you buy something from those links.

What Are TikTok Coins?

What Are TikTok Coins

TikTok coins are coins you can only accumulate and use in the TikTok app. They allow you to monetize your fun as other social media outlets like Twitch have in the past.

If you appreciate the work of creatives on the platform, TikTok coins allow you to show that appreciation by virtually tipping them.

What Are TikTok Coins Used For?

What Are TikTok Coins Used For

If you’re someone who enjoys showing support for the work of creatives or using the promotion feature on TikTok, TikTok coins could prove useful to you. Here are some ways the coins can be used on the platform:

Send Gifts to Your Favorite Creators 

Send Them Gifts While They’re Live

This is an inexpensive way to use your coins. Various emoticons (gifts) are available on the live page that you can easily purchase inexpensively and send to the creative while they’re live. When this happens, everyone watching will see the notification, the creative will then thank you in real-time and others will give a shout-out.

While the monetary value is low, once a creative accumulates a certain monetary value of gifts ($100), they can exchange them for money that can be deposited into a PayPal account.

This can be a great way for a creative to monetize what they do on TikTok and for the purchaser to get many shoutouts, recognition, and possibly an increase in followers.

Send Gifts to Their Comment Section

Not all creatives on TikTok go live. If you have a favorite creative and would like an opportunity to show your appreciation for what they do, you can send gifts through their comment section.

Some of the gifts that can be sent to creatives on TikTok include a panda (5 coins), Italian hand (5 coins), love bang (25 coins), sun cream (50 coins), rainbow puke (100 coins), concert (500 coins), I’m very rich (1,000 coins), and drama queen (5,000 coins).

Buy a Promotion

If you have videos you would like to promote on TikTok, you can use your coins to buy a promotion. With this feature, you promote a video over a set number of days.

The more days you want to promote the video, the more you have to spend. You can also spend depending on how many views you want to get.

You can choose the audience or allow TikTok to do it for you. Promotions can cost as little as $5 (approximately 500 coins) or as much as $7,000 (approximately 707,000 coins).

How Do I Add TikTok Coins to My Account?

How Do I Add TikTok Coins to My Account

Once you’ve purchased your TikTok coins, they are stored in your virtual wallet until they are used. The more money a viewer pays a creator, the more recognition the viewer receives on their page.

You can buy TikTok coins by following this process:

  1. Go to your Profile and click on the three horizontal lines in the top right.
  2. From there, select Setting and Privacy from the popup.
  3. Click on Balance when the menu appears.
  4. Click on Recharge and select the number of coins you want to buy (you’ll see the options available to you).
  5. Confirm the purchase.

How Can I Get TikTok Coins for Free?

How Can I Get TikTok Coins for Free

The only place to legally acquire TikTok coins is through the TikTok platform itself. There are other sites and applications offering free coins, but they are not legitimate.

If another site is offering you TikTok coins, rest assured they’ve done something illegal like hacked the TikTok database to make the balance changes. So, even if you are able to get free coins from them, don’t do it.

Also, if another platform is offering you access to TikTok coins, they probably want something from you like your personal data or credit card information, or they plan to hack your TikTok account.

Do not be scammed. Purchase your TikTok coins legally and safely only from the TikTok platform or app.

How Much Are TikTok Coins Worth?

How Much Are TikTok Coins Worth

There is no one set price to purchase TikTok coins. Coins vary in value and can be bought in varying lots of up to 10,000 coins at a time.

  • 100 coins = $1.29
  • 500 coins = $6.49
  • 2,000 coins = $26.99
  • 5,000 coins = $66.99
  • 10,000 coins = $134.99

At the time of this writing, the value of one TikTok coin was around 1.3 cents (USD), so 500 TikTok coins were worth around $6.50. As with all things in the world, the cost of the coins can easily be inflated, so keep an eye out. Not long ago, 300 coins could be bought for only $1.00.

Can You Cash Out Your TikTok Coins?

Can You Cash Out Your TikTok Coins

As a creator, any TikTok coins you accumulate on the platform or app can be cashed out. Once a creator has accumulated at least 10,000 coins on their profile, they can cash them out. Ten thousand coins are worth approximately $100.

TikTok coins are converted to what is known in the TikTok currency world as diamonds. Diamonds are only a virtual currency on TikTok and cannot be used anywhere else. Diamonds can be exchanged for real money that can be deposited into a PayPal account.

Are TikTok Coins Considered Cybercurrency?

Are TikTok Coins Considered Cybercurrency

With talk of virtual wallets and diamonds, some might consider TikTok coins a form of cyber currency. Please note that while TikTok coins are contained in virtual wallets, they are not a cryptocurrency like Bitcoin.

Unlike Bitcoin, TikTok coins cannot be mined or used to buy anything outside of the TikTok platform. They can only be used within the TikTok app and are non-refundable.

Conclusion

Conclusion

If you’ve been looking for a way to monetize what you do on TikTok, hopefully, this information has been helpful to you. Please feel free to share any additional tips related to using TikTok coins in the comments!