TikTok Coins – Complete Guide For Beginners

It seems every app or social network has its own virtual currency or has been monetized in some way. TikTok is no different. The replacement for Music.ly, the destination for short videos and teenagers is growing steadily. If you’re new to the network or are trying to get to grips with it, this tutorial will show you how to get more Coins on TikTok.

This tutorial will not show you how to game the system or use hacks to get more items. I’ll only show you the legit ways to earn them. While get rich hacks do offer instant gratification, every app that has suffered such hacks have come down hard with the banhammer on those who used those hacks. If you don’t mind the idea of losing your account, go ahead and use the hacks. If you’re in it for the long haul, read on.

WHAT IS TIKTOK?

TikTok took over where Music.ly left off and then moved things on a bit. Where Music.ly was where teens and young folk uploaded 15 second videos of themselves lip syncing to the latest Beyoncé track, TikTok has widened that to 15 seconds videos of anyone doing anything.

Sure, some of it is creepy, some cringeworthy but all of it is surprisingly addictive even if you’re slightly older than a teenager.

WHAT ARE TIKTOK COINS?

TikTok Coins are an in-app currency paid for with real money. You can buy Emojis and Diamonds with Coins to give to someone as appreciation for their work or to say thank you. We have seen this kind of thing before like tipping in Twitch. If you like what you see, you tip a certain amount to show appreciation. The broadcaster makes some change and you get to feel good about yourself for a minute. It’s the same here.

Coins vary in value and depend on exchange rates. At the time of writing, 100 Coins cost $0.99 and you can buy them in varying amounts up to 10,000 Coins at a time. This system seems to be in flux as not long ago you could buy 300 Coins for a dollar and 10,000 for $122. That has changed now so keep an eye on what’s going on with Coins.

HOW CAN YOU USE TIKTOK COINS?

Once you have bought your TikTok Coins they are stored in your Wallet and can be used only within the app. They are non-refundable and come with the usual limitations that most virtual items come with. The TikTok T&Cs are quite clear and concise for once and can be read here.

If you see something you like on Live.ly or TikTok, you can tip the person an Emoji or Diamond (another virtual currency in Live.ly) from within the app. You can control the amount you tip and it will be deducted from your Wallet as you would expect.

The system works a lot like Twitch. You can purchase Emoji of varying types with varying values. You can then tip the streamer depending on how much you liked their performance. The more you tip, the more prominent your name and the more likely you are to get a shout out. It’s a feedback loop that encourages the streamer to perform well and encourage the audience to spend money to gain recognition.

HOW TO BUY TIKTOK COINS

Buying TikTok Coins is simple.

  1. Open TikTok and navigate to your profile.
  2. Select the Settings icon in the top right.
  3. Select My Wallet from the popup menu.
  4. Select an option for the number of coins you want to buy.
  5. Confirm your purchase on the next page.

The current value in dollars is displayed next to the selected amount of Coins. This changes due to exchange fluctuations but not by much. Once you select the amount you are taken to the confirmation page. Here you verify the purchase in the same way you normally would with a card, Touch ID, Samsung Pay or however else you do it.

Once complete, the number of Coins you bought will be added to the total in your TikTok Wallet. You can now use them as you see fit.

The Coin system in TikTok was harder to describe than I initially thought. When you’re in the app it is simple. You buy Coins and exchange them for Diamonds or Emoji. Depending on whether you stay with TikTok or use Live.ly, you spend these to tip the streamer. The total you tip is deducted from your wallet and you go from there.

Do you user TikTok or Live.ly? Do you make money from it or like tipping? Tell us about your experiences below!

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