Are you an avid TikTok user? If so, you may have come across the TikTok Galaxy gift, one of the many gifts you can send to your favorite creators on the app. But have you ever wondered how much this gift is worth? Well, wonder no more! Here’s everything you need to know about the Galaxy gift on TikTok.
First, let’s talk about TikTok. This social media platform has taken smartphones swiftly, with millions of users creating and sharing content every day. One of the platform’s features is the ability for creators to live stream to their followers. And during these live streams, viewers can show their appreciation by sending gifts. Then, here enters the TikTok Galaxy.
What is the TikTok Galaxy gift?
These gifts are a way for viewers to show their appreciation for the content that creators make. And while diamonds are what TikTok calls their in-app currency, galaxies are a specific type of gift that viewers can send to their favorite creators.
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- As creators receive these gifts, they are converted into diamonds, which can then be withdrawn as real money. So, not only do these gifts allow viewers to engage with their favorite creators, but they also provide a means of income for these influencers.
- It’s a win-win situation for both parties, and it’s no wonder why TikTok is becoming a popular platform for content creators to showcase their talents and make a living.
- The galaxy gift is just one of many gifts you can send to creators on TikTok. That being said, the TikTok Galaxy gift is still a great way to show your support for your favorite creators on TikTok.
How much is a Galaxy gift?
Did you know that on TikTok, one diamond is counted as two coins? This means that the more diamonds you have, the more valuable your in-app currency is. But when it comes to gifting, the galaxy gift is a big deal.Â
- With a whopping 1,000 coins, this gift is worth $10 to $15 in total. It’s not surprising that viewers would want to send such a generous gift to their favorite influencers.
- But here’s the catch: When you send a gift to a creator on TikTok, the social media platform converts the gift into diamonds, which the creator can withdraw as real money. The money you spent on the gift does not go directly to the creator. However, TikTok takes a 50% commission on gifts, so only half of the money you spent actually goes to the creator.
- So, if you’re feeling particularly generous, you can always send them a more expensive gift, like the lion, which is worth about 400 dollars.
When can Creators withdraw the funds?
Creators on TikTok can withdraw their funds once they meet the minimum earning requirement of $100. As of late 2022, they allow creators to cash out a maximum of $1,000 from their gift fund every seven days.
- If we come to think of it, this means that creators are unable to pull out more than $4,000 a month. Best believes that an income is still income, so this should be helpful for the creators still.
So, go ahead and send that Galaxy gift to your favorite TikTok creator today!
If you have any questions about TikTok Galaxy, and other gifts you can share them below. Until then, stay with us here at Spiel Times for more content.
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