It seems that each application or social network has its own virtual currency or has been monetized in some way. TikTok just like the other apps and social networks added a virtual currency and monetized the app.
The replacement for Music.ly, the destination for short and teen videos is constantly growing. TikTok has become an extremely popular app for music lovers with new users joining every day.
If you are new to TikTok or trying to get familiar with it, this tutorial will show you how to get more coins on TikTok.
This tutorial will not show you how to game the system or use cheats to get more items. I will only show you the legit ways to earn them. While “get rich” tricks offer instant gratification, these schemes rarely work or pay off in the end.
If you don’t mind the thought of losing your account, go ahead and use the cheats. If you’re in this for the long haul, read on. In this TechJunkie article, I’ll show you how to make a little extra money on TikTok using ethical methods that won’t get you in trouble on TikTok.
What is Tik Tok?
TikTok picked up where Music.ly left off and then moved on a bit. Where Music.ly was where teens and young adults uploaded 15-second videos of themselves lip-syncing to Beyoncé’s latest song, TikTok has expanded that to 15-second videos of anyone doing anything.
Sure, some of it is creepy, some of it cringe-worthy, but it’s all surprisingly addictive, even if you’re a bit older than a teenager.
What are TikTok Coins?
TikTok Coins are an in-app currency that is paid with real money. You can buy gifts for your favorite creators and diamonds with coins to give someone as a thank you for their work or to thank them.
We’ve seen this kind of thing before, like tipping on Twitch. If you like what you see, you tip a certain amount to show appreciation. The announcer makes a few changes and you feel good about yourself for a minute. In a sense, TikTok allows you to monetize your fun to some extent.
Coins vary in value and depend on exchange rates. At the time of writing, 100 coins cost $0.99 USD and you can buy them in varying amounts up to 10,000 coins at a time.
This system seems to be changing, as not too long ago you could buy 300 coins for one dollar and 10,000 for $122. That has changed now, so keep an eye on what happens to the coins.
How can you use TikTok coins?
Once you have purchased your TikTok Coins, they will be stored in your wallet and can only be used within the app. They are non-refundable and come with the usual limitations that come with most virtual items. TikTok’s terms and conditions are quite clear and concise for once and can be read here.
You can only send gifts to your favorite creators on TikTok. Those under the age of 18 (or adulthood in other regions) can no longer send these gifts as TikTok tries to protect its younger audience from scams.
Once you have purchased coins, you can send a gift to another TikTok user when this transaction is complete; you will see the amount deducted from your wallet. Each gift has a different monetary value and is converted into diamonds by the recipient in exchange for cash. Understanding tik tok gifts It is vital to monetize your page.
The system works much like Twitch. You can buy gifts of different types with different values. You can then tip the streamer depending on how much you liked their performance. The more you tip, the more prominent your name will be and the more likely you are to receive recognition. It’s a feedback loop that encourages the streamer to perform well and encourages the audience to spend money to gain recognition.
How to buy TikTok coins
Buying TikTok Coins is simple. To learn how to buy TikTok Coins, follow these instructions:
- Open TikTok and navigate to your profile.
- Select the Settings icon at the top right.
- Select ‘Balance’ from the menu that appears.
- Tap ‘Reload’
- Select an option for the number of coins you wish to purchase.
- Confirm your purchase on the next page.
The current value in dollars is displayed next to the number of coins selected. This changes due to currency fluctuations, but not much. Once you select the quantity you wish to purchase, you will be taken to the confirmation page. Here you verify the purchase the same way you normally would with a card, Touch ID, Samsung Pay, or whatever you do.
Once complete, the number of coins you purchased will be added to the total in your TikTok wallet. Now you can use your coins as you see fit whenever you want.
Can you get ‘free’ coins on TikTok?
We’ll start by saying that something “free” isn’t always what it seems to be. Especially on a social networking site like TikTok. As stated above, the company is making strides to protect users from scams.
These scams range from sending gifts in exchange for views and followers to more sinister schemes. It’s probably not a good idea to send money to anyone you’ve met through the app, regardless of any promises you make.
There are many websites and apps that promise you free coins within TikTok. Before visiting or interacting with any of these promotional apps, please remember that you are risking your TikTok account and your own safety.
Many of these websites ask you to enter your TikTok login information, which is a great way to get your account stolen. If that’s a risk you’re willing to take, understand that you probably won’t get the account back.
Furthermore, TikTok, like many other apps, can trigger nefarious attacks based on your phone’s IP address. Do you think you’re going to create another account? Think again, if your actions go against community standards (like hacking), you will get a lifetime ban.
Other sites ask you to download information to your computer or phone. Be wary of anything downloaded from the web. That is another great way to get malware on your device.