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Social MediaTikTokHow much is a Galaxy Gift worth on TikTok?

How much is a Galaxy Gift worth on TikTok?

Tiktok is a social media platform that has gained popularity since 2020. There are many millions of users every day who use TikTok for living making or entertaining, even though a few regions, like India and Pakistan, have banned it. Definitely, each user while watching someone’s live stream, has at least once noticed certain stickers. One of the most popular is called “Rose”. It’s one of those gifts that you definitely might have seen many times.

Some time ago, Tiktok has been known as Musical.ly. Musical.ly was a very popular short-film video streaming and sharing app. Those videos had a specific limit, it used to be up to 15 seconds in duration. TikTok is also called “Douyin” in China. The developer of TikTok is Byte Dance. This app’s initial release date is September 2016 and the regular release date is 31 March 2020. TikTok has provided its users with 40 languages.

How the cost of TikTok gifts is calculated

Online content creation has gained huge popularity in last years. As it’s a great way to earn money and entertain yourself at the same time. Nowadays, influencers and content creators have a great opportunity to make living in various ways – the most common one being ad revenue. Moreover, it’s also possible to receive money via donations from faithful followers. One of the most popular examples of these donations is TikTok gifts.

TikTok gifts are donations followers give to influencers. They come in many forms and cost a varying amount of TikTok coins per gift. If you want to know how much does TikTok gift points worth, you can read our article.

The TikTok gifts that are received by the creators can be converted into Diamonds, which can be transferred to cash. This’s the way many influencers earn income and how fans can show their appreciation to content creators they like. However, do note that because TikTok gifts cost coins, it will cost real-world money to purchase them.

If you want to buy TikTok gifts to donate to your favorite creators, you should make sure you have bought coins first. These coins are the app’s virtual currency and can be used to get gifts and services like promos and shoutouts.

If you want to buy coins, you’d be required to use the payment details associated with your Google Play or Apple account. Make sure you already have an active account before purchasing coins within the app.

When buying coins, it helps to know already how much each coin bundle costs in the US. So, below you may see a table:

CoinsPrice
 70$0.74
350$3.70
700$7.40
1,400$14.80
3,500$37.00
7,000$74.00
17,500$185.00

The cost of TikTok gifts can be calculated based on how many coins and Diamonds they’re equal to. One of the disadvantages is that it may be a little bit confusing to calculate due to the multiple conversions involved. Moreover, TikTok has not published its conversion metrics.

How much is a Galaxy Gift worth on TikTok

Nonetheless, influencers operate counted values to calculate a Diamond’s worth. That value is defined by taking one Diamond as two coins. As a consequence, the creator will receive only half the amount of coins per gift. That 5,000-coin gift will then be worth 2,500 coins to the influencer. So, Galaxy Gift costs 1000 coins, so let us refer to the following:

1000 coins = $10 (the cost of the coins to buy for the gift)
2 coins yield 1 Diamond
200 Diamonds = $1

Apart from this, the influencer only gets 50% of the donation. The other 50% goes to TikTok as part of the platform’s commission. So, to talk clearly, the calculated value of a 1000-coin gift is only 500 coins to the receiver. So, it means, that if the receiver gets the Galaxy gift for 1000 coins, he’ll get only $5. However, he can only withdraw $2.5 because TikTok takes a 50% cut.

How to cash out TikTok diamonds

If you’re a TikTok creator, you can earn Diamonds in many different ways. It’s important to be aware that withdrawing out the earned Diamonds has minimum requirements. For example, the minimum withdrawal should be $100. It means, that if there’s less money on your balance, you won’t be able to cash it out. In addition to this, there’s a $1,000 weekly limit to withdrawals, so you won’t be able to cash out more than $4,000 monthly.

Furthermore, it’s only available to withdraw cash to a PayPal account. You won’t be able to withdraw your balance to the bank or any other online wallet. It means you should connect your PayPal account to your TikTok account first before starting the withdrawal process.

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