Once you’ve gained an audience in TikTok, it’s time to monetize. TikTok monetization works excitingly. In addition to advertising, you can receive “donations” directly from your subscribers.
These donations are not quite usual, you get unique gifts that can be transformed into Diamonds, and already Diamonds can be converted into real money. This sounds a little confusing, but I will explain everything to you in detail.
How much are 10000 diamonds cost on TikTok?
To understand how much diamonds cost in TikTok, you first need to know how exactly they work. Diamonds are an internal “currency” the creator receives for digital gifts. The number of diamonds is displayed in the profile and shows the content creator’s popularity.
However, if you receive diamonds, you can convert them into real money. One diamond is worth about $0.005. Besides, TikTok takes a commission for withdrawing diamonds.
So if you have got 10,000 diamonds, then you can exchange them for dollars and earn about $50. You can withdraw no less than $100 at once but no more than $1,000 a week.
How to earn diamonds
I think you have already guessed that the easiest way to earn diamonds is to make good content so that your subscribers donate to you. It’s worth understanding that you can’t buy diamonds, you can only get them for gifts.
Also, according to the rules of TikTok, you can connect the possibility of receiving gifts only after reaching 1000 subscribers. Also, after you get your first 100,000 subscribers, you will unlock the ability to receive assistance during live broadcasts.
To get more gifts, you need to interact more with your audience. If your subscribers sympathize and empathize with you, they will be more willing to sponsor you. However, the most important thing you need to do is create quality content that will bring you popularity and audience loyalty.
Is it worth withdrawing diamonds for real money?
As I described above, diamonds are displayed in your profile, and other users can see how much you have already earned them. So you can say that the number of diamonds is a quality mark regarding your popularity.
I recommend keeping a certain amount of diamonds in your account so other people can see you’re famous. It will help you develop your account, and you can earn even more from advertising and various collaborations in the future.
However, too many diamonds can also scare away your audience. Some people think you already have too much money and won’t want to send you more gifts. So I recommend that you watch your audience’s reaction, and if you start seeing questions about why you have so many diamonds or something like that, it’s a sign that it’s time to get some of it into cash.