What Is Tiktok Diamonds
TikTok diamonds are the actual earnings or rewards for the creator, or a person hosting live on TikTok through TikTok gifts.
how much is 1000 diamonds on tiktok ?
TikTok diamonds carry a value worth 0.005 USD. This means 1000 TikTok diamonds is $5 dollar according to our calculation.
Diamonds are one-third of the coin. Diamonds are not exchanged or transferred in any case. Diamonds are converted to US dollars, which you can then withdraw into your bank account.
To know more about how to get TikTok diamonds, you can go to TikTok website for the detail information about the virtual currencies on TikTok platform
It is important to note that based on TikTok’s updated gifting policy, only users aged 18 and above can purchase coins and gifts.
Furthermore, only content creators aged 18 and above are allowed to receive gifts and earn diamonds.
Again, TikTok diamonds are half the value of coins amount i.e 2 coins is equal to 1 diamond. Diamonds are what you get on live stream and also real earnings.
70 coins $1.10
1 coin $0.0157
1 diamond $0.00785
Here are TikTok diamonds values in terms of USD
1 Diamond equal to $0.005
100 Diamonds equal to $0.5
500 Diamonds equal to $2.5
1000 Diamonds equal to $5
10,000 Diamonds equal to $50
20,000 Diamonds equal to $100
TikTok diamonds are then exchanged with dollars later from your account and the dollar.
On the other side, you must know how many TikTok coins equal 1 diamond from this illustration
If someone sends you 3 coins or 3 TikTok roses having a coin value of 1, it will then store as 1 diamond in your balance.
In line with this, people say 50 percent will be retained by TikTok as a commission or moderation fee
Honestly, it is more than 50% and the calculation is proof for it.
Note that 1 coin will cost around $0.015 and 1 diamond valued around $ 0.005.
Hence the deduction is more than 60% to be precise it is 65%.
Well, it can be said that this is huge in comparison to any other platform.