TikTok Coins - How do they work?

TikTok has evolved over the years and has added several interesting features and ways for users to interact with their favourite content creators. The popular viral video app now allows users to appreciate creators, leave gifts in the comment section, and buy promotions.

TikTok coins are in-app currencies that users buy using real money.

The prices of the coins fluctuate depending on the activity on the video app. therefore, the number of coins you get for a dollar at one time may not be the same the next time you will be purchasing. TikTok coins are also non-refundable once they are purchased.

The primary use of TikTok coins is buying and sending gifts to live streamers. Users can send gifts to content creators through the comment section while live streaming. Users purchase the coins and convert them into diamonds (gifts).

Besides gifts, TikTok coins are used by content creators for posting promotions using the TikTok Promote feature to sponsor a specific video and get it watched by many people. This feature also costs different amounts based on the time you want the video aired and the number of viewers you want to target.

For content creators a steady flow of content and the growth of TikTok followers naturally allow them to receive coins when they post content.

These are the TikTok Diamonds that are gifted to a live streamer. Users exchange coins for diamonds when they want to donate to a live streamer and one diamond is equal to 50% of one coin.

Only videos and live streams that have the Gift icon in the Comments can receive a Gift from a viewer. However, some countries aren't eligible for Gifts. Also, Business Accounts are ineligible to participate.

To send a gift, one should tap on the Gift button in the comment section and then select the type of gift they want to send from the wide range of gifts that show up. If you do not have sufficient coins to send a gift, you can top up the coins by clicking on Recharge.

Gifts are in the form of emojis shared in the comment sections and each type of gift costs a certain amount of TikTok coins.

For example, the Panda and Finger heart emojis go for 5 TikTok coins each. The Love bang emoji goes for 25 TikTok coins, the Donuts emoji for 30 TikTok coins, the Butterfly emoji for 169 TikTok coins, the Concert emoji for 500 TikTok coins, and Pirate Ship emoji for 4888 TikTok coins.

One of the most coveted TikTok Live gifts is the Lion emoji. Sending the Lion emoji gift on TikTok Live displays a virtual lion that walks up to the screen and roars at the creators and audience. It's one of the most impressive and expensive TikTok Live gifts one can send to a live-stream content creator. It goes for 29,999 TikTok coins.

The value of the emojis depends on the value of TikTok coins at the time of purchase.

Currently, one TikTok coin is valued at around 1.3 dollars cents. Using this rate:

• 5 coins are valued at $0.065
• 25 coins are valued at $0.325
• 50 coins are valued at $0.65
• 100 coins are equal to $1.29
• 500 coins are equal to $6.45
• 1,000 coins are equal to $12.9
• 5,000 coins are equal to $64.5

To buy TikTok coins, just go to your TikTok profile and scroll and click on settings. Then select balance.

You should be able to view your TikTok coin balance under balance. To recharge, click on Recharge.

There are six different amounts of TikTok coins you can purchase and their corresponding value in dollars:

• 65 Coins for $0.99
• 330 Coins for $4.99
• 660 coins for $9.99
• 1321 coins for $19.99
• 3303 coins for $49.99
• 6607 coins for $99.99

Select the number of coins you want to purchase and click on buy now select your preferred payment method.

If it is your first time buying the coins, you get a welcome pack of 65 plus 45 TikTok coins for only $0.99, which is an 80% discount. You also get a badge that appears next to your TikTok name for 24 hours.

You can buy TikTok coins using your bank account, PayPal, credit card, Google Pay, or Apple Pay.