TikTok has become one of the most influential social media platforms around the world. Its application is up-to-date and user-friendly, and TikTok has always developed new features and improvements. As most people know, most influencers and content creators can create live videos on TikTok. What makes TikTok different from other platforms is the ability to send gifts to live streamers.
Through sending gifts, TikTok enables content creators to earn or to be appreciated by their followers. In its application, the secure payment system can turn hundreds of gifts and coins into real money. As a consequence, most people started to wonder about the prices of those gifts on TikTok. If you are familiar with the concept, you probably heard the Galaxy on TikTok. In today’s article, we will discuss how much is a Galaxy on TikTok and how influencers can earn money from TikTok.
What Is the TikTok Galaxy Gift?
TikTok uses gifts and rewards to show followers’ appreciation for the content creators on the platform. Most people know that diamonds are the in-app currency TikTok uses. In contrast, TikTok Galaxy is a type of gift that viewers and followers can send to the influencers or content creators they like.
When you send a Galaxy on TikTok to a content creator, that Galaxy will be converted into diamonds. These diamonds can be withdrawn as real money from TikTok. In this way, you can both create an interaction with your favorite influencer and also support them to earn their living.
TikTok Galaxy is one of the many gifts you can send to your favorite TikTok star so that you can support them. The prices of gifts can change depending on their type. According to their prices, you can make your favorite influencer earn that much depending on the price of the gift. Hence, in the next parts of our article, we will discuss how much is a Galaxy worth on TikTok and other gifts as well.
How Much Is a Galaxy Gift Worth on TikTok?
In TikTok, you cannot directly purchase gifts with real money. To be able to send gifts to the content creators, first, you need to buy coins because coins are the currency for purchasing gifts. For example, a diamond costs two coins. When it comes to TikTok Galaxy, it costs 1.000 coins. To buy 1.000 coins from TikTok, you need to spend approximately $13-$15, depending on the package you choose to buy. It is not the most expensive gift; on the contrary, Galaxy on TikTok is one of the most preferred gifts. For example, a lion is known as one of the most expensive ones, and it costs $400.
However, it is also important to note that TikTok uses commissions. When you send a gift to your favorite influencer on TikTok, they do not get the whole money of the gift. When gifts are turned into dollars, TikTok gets %50 commission. That means the content creator only gets half of the price of the gift you sent.
Even though TikTok Galaxy is one of the most popular gifts on TikTok, it is not the only one. If you are wondering about other gifts and their prices, we will discuss them in our next title. Also, check the best times to post on TikTok.
How Much Are Other Gifts Worth on TikTok?
When it comes to gifts, TikTok is an endless sea compared to its rivals. You can choose from many gifts, from 5 coins ($0.0012) to 35.000 coins ($500). There are more than 100 gifts on the platform, and it is up to you to choose which one to send to your favorite influencer. It is also important to note that you can send those gifts to an influencer or content creator who has followers more than 1.000. If you are looking for gifts and wondering about their prices on TikTok, here’s a list below of the most popular gifts on TikTok:
- Panda – 5 Coins
- Italian Hands – 5 Coins
- Love Bang – 25 Coins
- Sun Cream – 50 Coins
- Rainbow Puke – 100 Coins
- Concert – 500 Coins
- I’m Very Rich – 1000 Coins
- Drama Queen – 5000 Coins
However, if you are wondering about the most expensive gifts on TikTok, here’s a list of 5 most expensive gifts on TikTok:
- TikTok Universe: 34.999 coins
- Lion: 29.999 coins
- Rocket: 20.000 coins
- Planet:15.000 coins
- Interstellar: 10.000 coins
How To Encash TikTok Gifts
We come to the topic everyone wonders about. How to turn TikTok gifts into real money? As we said above, TikTok gifts are bought with the coins, which you bought with your real money. Well, how do those coins turn into real money for content creators? It’s a little tricky situation. However, that’s the next chapter’s topic. Here, we can focus on the steps you can follow to turn your diamonds into money from your TikTok account! Here are the steps you should take to get your money from TikTok:
- Step 1: Open the TikTok application from your phone and go to your profile, which is at the bottom right of your screen.
- Step 2: Once you open your profile, tap on the icon at the top right of your screen. There, you will see a menu, and you should select “Settings.”
- Step 3: Next, you should go to “Balance” to see your wallet in TikTok. There, you will see ‘’Live Gifts’’. Tap on that.
- Step 4: As a last step, you can select the number of diamonds you want to cash out from there, and then you can withdraw your money.
However, there is an important point about when to cash out these diamonds. TikTok allows creators to cash out a maximum of $1,000 from their gift fund every seven days as of late 2022. Creators can take their funds if they reach the $100 minimum earning criteria. Thus, you might need to wait longer than expected to cash out your gifts. You can also buy TikTok saves to boost your post and reach more people!
How Much Do TikTokers Make from Gifts?
We all hear that people earn lots of money from TikTok, and we judge them as if it’s an easy job. However, there are some delicacies about the money creators earn on TikTok. As we explained above, you can turn your coins into money and withdraw them. However, there is a background of that situation.
Before you turn your coins into money, first your gifts are converted into TikTok gift points in your balance account on the application. There, your gift points will be converted into diamonds, which are the real-money currency in TikTok. Hence, we will calculate your savings based on diamonds on TikTok.
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On TikTok, one diamond approximately cost 5 cents, or simply $0.05. That means you can earn $50 if you have 1000 diamonds. However, as we said above, TikTok takes commission for the money you earn. That means TikTok will take 50%50 of your money. As a result, if you have earned $50, you would get $25.
For example, let’s say you send a TikTok Galaxy to a TikToker. Galaxy TikTok gift costs about $15 as we said earlier. That means your TikToker will probably get $6-$7 from that gift. Hence, it is important to think about the commissions and the prices on TikTok if you really want to support your favorite TikToker.
How Else Do TikTokers Make Money on the Platform?
Okay, TikTok takes a commission and as a result, for example, a Galaxy TikTok gift can make you earn only $6-$7 even though it costs $15. Well, are the gifts the only way to earn money from TikTok? Fortunately, it is not! Another popular way of earning money from TikTok is joining the TikTok creator fund. This fund is not influenced by the number of gifts you get, or the amount of your diamonds but pays you based on your views!
The creator fund basically pays creators on TikTok based on their views of videos. Some members who benefit from the creator fund have said that they can get four cents for a thousand views on a video. If you have a video that goes viral on the platform, you can earn more money than a TikTok Galaxy. Let’s say your video has been viewed 500.000 times. That makes $20 for only one video.
Nevertheless, the creator fund is not the only alternative. You can also make brand dealerships with well-known or small brands and introduce them to your audience. With these dealerships, you can earn extra money by using TikTok. You can check TikTok Help for more questions!
TikTok Gifting: More Than Just Fan Appreciation
On TikTok, creators can receive virtual gifts from viewers during live streams. These gifts, like the popular Galaxy Gift, hold no inherent monetary value but can be exchanged for redeemable diamonds that creators can convert into real money. While the Galaxy Gift costs around $13-$15, other gifts vary in price depending on their rarity and complexity. Ultimately, creators can earn income through gifts, but also through brand deals, sponsored content, and the TikTok Creator Fund. So, while gifting is a way for fans to show their appreciation, it’s just one piece of the puzzle for creators to make money on the platform.
The Galaxy Gift is a popular virtual item on TikTok, costing around $13-$15. Its worth depends on your perspective. If you’re a huge fan wanting to show significant support, it’s an option. But remember, there are cheaper gifts and other ways to support creators.
While successful creators can earn a decent income through gifts, relying only on them might not be logical. You can explore other options like brand deals, sponsored content, and the TikTok Creator Fund for a more stable income stream.
Yes, responsible spending is crucial. Set limits on yourself and avoid impulsive purchases. Remember, virtual gifts don’t translate to real-world ownership or experiences. Be aware of scammers who might exploit gifting systems, and only send gifts to creators you trust.
2 Comments
Wow, I had no idea a Galaxy gift on TikTok could be that valuable! This article really breaks down the cost and what it means for creators. Thanks for the insight!
Great explanation of the Galaxy gift! It’s fascinating to see how virtual gifts translate into real money for TikTok creators. Definitely helps me understand the platform better.