In TikTok, there is an item called Galaxy Gift. As one of the TikTok users, you may be wondering how much it is worth on this platform. So, how much is a Galaxy Gift worth on TikTok? Go find out the answer to the question below.
The way the cost of TikTok gifts is calculated
TikTok gifts are known as donations that are given by the followers to the creators that they like as an appreciation for their contents. These gifts vary in forms and cost. The gifts that are available on the platform are as follows:
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- Tennis: 1 coins
- Love Latter: 1 coins
- Football: 1 coins
- GG: 1 coins
- Mini Speaker: 1 coins
- Coffee: 1 coins
- Ice Cream Cone: 1 coins
- Barbell: 1 coins
- Rose: 1 coins
- TikTok: 1 coins
- Pandas: 5 coins
- Heart Finger: 5 coins
- Mic: 5 coins
- Hi: 5 coins
- Magic Letter: 7 coins
- Hand Waving: 7 coins
- Bottle of Hope: 9 coins
- Snowboard: 9 coins
- Gamepads: 10 coins
- Lollipops: 10 coins
- Perfume: 20 coins
- Mirror: 30 coins
- Donuts: 30 coins
- Origami: 99 coins
- Hat: 99 coins
- Crown: 99 coins
- Heart: 100 coins
- Confetti: 100 coins
- Butterfly: 169 coins
- Musical Notes: 169 coins
- Witch’s Hat: 177 coins
- Heart: 199 coins
- Glasses: 199 coins
- Ski Goggles: 199 coins
- Padlock and key: 199 coins
- Glasses: 199 coins
- Rock n’ roll: 299 coins
- Bridal Veil: 299 coins
- Boxing Gloves: 299 coins
- Balloon Joget: 300 coins
- Tumpeng Rice: 300 coins
- Campfire: 388 coins
- Sweet Dreams: 399 coins
- Swing: 399 coins
- Necklace: 400 coins
- Marine trap: 400 coins
- Coral: 499 coins
- Money Rain: 500 coins
- Ice Machine: 538 coins
- Record Player: 600 coins
- Love Balloon: 699 coins
- Goose: 699 coins
- Shoes: 700 coins
- Pearl: 800 coins
- Train: 899 coins
- Gold Mine: 1000 coins
- Mirror Flower: 1000 coins
- Fireworks: 1088 coins
- Gaming Chair: 1200 coins
- Bombom Car: 1288 coins
- Flower Arrangement: 1500 coins
- Champion: 1500 coins
- Drinking Time: 1777 coins
- Tree House: 1799 coins
- Fast Boat: 1888 coins
- Magic Album: 1999 coins
- Makeup Box: 1999 coins
- Autumn Candle: 1999 coins
- South Korea: 2020 coins
- Music Box: 2399 coins
- Travel: 2888 coins
- Motorcycle: 2988 coins
- Old Famous Car: 2999 coins
- Superstars: 2999 coins
- Ringworm: 3000 coins
- Spilled Flowers: 4000 coins
- Pirate Ship: 4888 coins
- Private Jet: 4888 coins
- Pool Party: 4999 coins
- Submarine: 5199 coins
- Airplane: 6000 coins
- Race Car: 7000 coins
- Match Trophy: 7999 coins
- Yachts: 9888 coins
- Aquarius: 9999 coins
- Interstellar: 10000 coins
- Planets: 15000 coins
- Rocket: 20000 coins
- Lion: 29999 coins
- TikTok Universe: 34999 coins
The TikTok gifts that are sent by the followers to the creator can be converted into Diamonds, which can then be withdrawn to real life money. It is how creators collect income from TikTok. However, take note it will cost real life currency to purchase these gifts as they cost coins.
For anyone who wants to purchase TikTok gifts to be given to your favorite content creators, the first thing that you should do is to purchase coins with the real life money. There are several packages of coins that you can consider, as follows:
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- 70 coins: This package costs $0.74.
- 350 coins: This package costs $3.7.
- 700 coins: This package costs $7.4
- 1,400 coins: This package costs $14.8
- 3,500 coins: This package costs $37.
- 7,000 coins: This package costs $74.
- 17,500 coins: This package costs $185.
Keep in mind that the TikTok gifts are able to be calculated based on the amount of coins and Diamonds they are equal to. Unfortunately, there is a weakness, which is it can be a bit confusing to calculate as there are multiple conversions involved. Plus, no one knows the conversion metrics as they are not shared by TikTok.
The worth of Galaxy Gift on TikTok
In order to calculate the worth of a Diamond, creators operate counted values. Apparently, the way to define the value is by taking one Diamond as two coins. As the result, the creator will only get half the amount of coins per gift. It means, if there are 5,000 coins, the coins that the creators will get are 2,500 coins. As Galaxy Gift costs 1,000 coins, check out the following:
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- 1000 coins equal to $10 (the cost of the coins to purchase for the gift)
- 2 coins result in 1 Diamond
- 200 Diamonds equal to $1
In addition, it has been known that the creators only get 50% of the donation. For those who are wondering about the other 50%, it goes to TikTok as part of the platform’s commission. It means, from the 1,000 coins that they have earned, the influencers will only get 500 coins. From this, it can be concluded that if they get the Galaxy Gift for 1,000 coins, they will only get $5. However, the amount of money that they withdraw is $2.5 because TikTok takes a 50% cut.
The way to cash out TikTok Diamonds
There are a number of different ways for the TikTok creators to earn Diamonds. As one of the TikTok creators, it is a must for you to know that there are minimum requirements to withdraw out the Diamonds that you have earned. For instance, the minimum withdrawal should be $100. From the statement, it can be said that there is no way for you to cash it out if the money in your balance is less than $100. Not only that, you should also know that there is a $1,000 weekly limit to withdrawals. It means you will not be able to cash out more than $4,000 a month. In addition, you should also be aware that it is only possible for you to withdraw cash to a PayPal account. If you are thinking of withdrawing your balance to the bank or any other online wallet, just bury the thought as there is no way for you to do that. In order to start the withdrawal process, it will be needed for you to connect your PayPal account to your TikTok account.
AUTHOR BIO
On my daily job, I am a software engineer, programmer & computer technician. My passion is assembling PC hardware, studying Operating System and all things related to computers technology. I also love to make short films for YouTube as a producer. More at about me…
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