If you ask many content creators on TikTok how they make money from this viral platform, the answer will be gifts. Yes, TikTokers in Kenya make money through virtual gifts awarded by their generous fans during livestreams.
One popular TikToker who is believed to be making quite a kill in TikTok is the famous preacher, Pastor Kanyari. While the preacher affirms that money isn’t his motivation for being in TikTok, he doesn’t deny making money from gifts.
One of the gifts the preacher has received in his TikTok lives is a lion, which is believed to cost quite a lot when converted to cash.
So, should you also join TikTok Live and start making money from gifts? Well, you can decide after reading this.
What Are TikTok Gifts and How Much Are They Worth?
When TikTokers go live, they engage with their audience in real-time. The live sessions also involve a donation system where the audience supports their creators’ using gifts.
These gifts are worth certain TikTok coins, which they can convert into cash.
Tiktok gifts
Some popular TikTok gifts include:
- Seal and Whale:34,500 coins
- Lions:29,999 coins
- Leon and Lions:34,000 coins
- TikTok Universe:44,999 coins
- Dragon flame:26,999 coins
- Sam the whale:30,000 coins
- Rose Nebula: 15,000 coins
- Sunset Speedway: 10,000 coins
- Rose Carriage:25,000 coins
- Tik Tok Shuttle:20,000 coins
- Adam’s Dream: 25,999 coins
- Interstellar:10,000 coins
- Ice Cream Cone, Rose and TikTok: 1 coin
How do I Convert TikTok Gifts to Money in Kenyan Shillings?
TikTok diamonds, also known as TikTok digital currency, are equivalent to 50% of the coin’s value. This means that if you receive a lion gift, equivalent to about 30,000 coins, you get half the value of the coins.
TikTok keeps the other 50% as commission. 1 Diamond is equivalent to USD 0.005. If you have 10,000 diamonds, you’ll have USD 50, equivalent to Kshs 6550 according to current exchange rates.
Tiktok gift
How Do I Make Money on TikTok Through Gifts?
Every Kenyan can make money on TikTok by receiving gifts of various values. However, TikTok has a threshold that you must meet to go live. You must be 18 years and above and have an account at least 30 days old with a total of 1000 followers.
The minimum amount you can withdraw from TikTok is $100, and you can withdraw up to a maximum of $1000 per day. Ensure you have a PayPal account connected to your TikTok to withdraw your money.