TikTok LIVE Gifts is a useful TikTok tool that allows viewers to react to your videos and express their appreciation for your efforts. It is one of the most popular methods for new TikTokers to make money on the site, and it helps to support the high salaries that popular TikTok performers can currently generate from their content.

What exactly are TikTok LIVE Gifts?

TikTok LIVE gifts are rewards that fans can offer to their favorite creators in exchange for hosting a TikTok LIVE video. Before others can send them gifts, streamers must first activate LIVE Gifting. You can also accumulate Diamonds, which you can exchange for money on TikTok. The platform’s Virtual Items Policy applies to the sender of LIVE Gifts. If you live in the European Economic Area, Switzerland, or the United Kingdom, TikTok’s Virtual Items Policy has been replaced by a Coins Policy and a Rewards Policy. These new regulations went into effect in June 2022. The Coins Policy is intended for TikTok users in certain European areas who buy virtual Coins in order to activate or access other virtual products or services on TikTok. For example, a viewer can buy TikTok Coins to offer to a favorite streamer as a TikTok LIVE Gift. Furthermore, the Coins Policy specifies how TikTok users can purchase and utilize Coins, as well as restrictions regarding withdrawal rights, refunds, and guarantees.

What is TikTok Creator Next?

TikTok has created Creator Next to help its creators monetize as their communities expand. You must satisfy the following criteria to be eligible for Creator Next:

• Creator Next must be available in your area (it is not yet available everywhere).
• You must be at least 18 years old (19 in South Korea, 20 in Japan).
• You must reach a certain amount of followers and video views.
• You must have uploaded at least three times on TikTok in the last 30 days.
• Your account must be in good standing and in accordance with TikTok’s Community Guidelines and Terms of Service.
• Accounts for businesses are not eligible to participate.

If you feel you meet the following requirements, please apply to TikTok Creator Next by:

1. In the lower right corner of your TikTok screen, tap Profile.
2. To access your Settings, tap the three-line (hamburger) symbol in the upper right corner.
3. Tap Creator Tools, followed by Apply.
4. Follow any on-screen directions.

How to setup TikTok LIVE Gifts

To activate LIVE Gifts, you must be at least eighteen (in most locations), and as shown below, TikTok applies further limits on individuals who can acquire diamonds through LIVE Gifts. To enable LIVE Gifts, follow these steps:

1. In the lower right corner of your TikTok screen, tap Profile.
2. To access your Settings, tap the three-line (hamburger) symbol in the upper right corner.
3. Tap Creator Tools, then LIVE Gifts, and then follow the on-screen directions.

You must also approve receiving Gifts on all of your other videos. To do this, repeat the previous steps, but in step 3, hit Video Gifts, then press Turn on Video Gifts to initiate the process.

How Can People Send You Gifts During a LIVE Stream?

Any adult viewer (over 18 in most locations and who abides by TikTok’s Virtual Items/Coin policy if applicable) can Gift you if they enjoy the video you’re streaming, just as they can Gift you for your uploaded videos. The audience acknowledges and appreciates your originality and work by making a donation to you. The steps they take to send you a LIVE gift are as follows:

1. Tap the Gift icon at the bottom of a LIVE video.
2. Choose the Gift they want to offer.
3. Tap Recharge and follow the instructions if they need to recharge their Coins.
4. Tap Send underneath the Gift.

Viewers can only LIVE Gift if they see the Gift symbol in a video’s comments area.

Collecting Diamonds Through LIVE Gifts

You’ll be able to view them as you stream your video if you’ve enabled LIVE Gifting. Go LIVE as normal, but you will see gifts appear when individuals decide to create them because they like your content. In your TikTok LIVE summary data, you will learn the total number of individuals who have made Gifts to you at the end of your video. TikTok keeps track of how many gifts you receive and awards Diamonds to creators depending on the success of their pre-recorded and LIVE videos. They base this on a number of variables, the most important of which is the quantity of gifts they have received. To be eligible for Diamonds as a result of your LIVE Gifts, you must ensure the following:

• You are a participant in the Creator Next program.
• You reside in an area where LIVE Gifts are available.
• You are over the age of 18. South Korea (you must be 19) and Japan (must be 20)
• You’ve had your account for at least 30 days and have at least 1,000 followers.
• Your account is complies with TikTok’s Community Guidelines and Terms of Service.
• You are not live streaming on a TikTok Business Account.

Exchanging Diamonds for Cash

TikTok emphasizes that Diamonds cannot be purchased, traded, or assigned to another user. The “selling, barter, assignment, exchange, transfer, or other disposition of any Diamonds, other than by us, is absolutely banned,” according to TikTok’s Virtual Items Policy. The newer European Rewards policy uses different language, but the intention is the same. A creator, on the other hand, can check their balance at any time and withdraw Diamonds in return for monetary compensation at a rate determined by TikTok based on a number of factors, including the amount of Diamonds a user possesses. To withdraw money from TikTok, you must first link your PayPal account.

Earning TikTok Virtual Items from Live Videos

Advertisemint provides further information about TikTok Live Gifts. They show the monetary value of several virtual gifts:

• 5 coins for the Panda
• 5 coins in the Italian hand
• 25 coins for Love Bang
• 50 cents for sun cream
• 100 coins for Rainbow Puke
• 500 coins for the Concert
• 1,000 coins for I’m Very Rich
• 5,000 coins for Drama Queen

TikTok’s Diamonds are worth half the amount of coins; for example, if one of your fans gives you a Drama Queen (worth 5,000 coins), you will receive 2,500 Diamonds. Each diamond is worth $5. As a result, the Drama Queen will be valued $125. TikTok, on the other hand, keeps 50% of what you earn, so when you cash in your 2,500 Diamonds, TikTok will give you $62.50. TikTok now requires a minimum withdrawal of $100 and a maximum withdrawal of $1,000 per day.

Conclusion

TikTok live gifts are a fantastic tool that can help TikTok content creators in earning money. If you want to use TikTok to build your business, TikTok has recently created a Follow Me program that will help you in doing so! It’s completely free!