How to Withdraw Money From TikTok

If you are a TikTok creator with over 1,000 followers, then you can earn money via gifts – which are…

If you are a TikTok creator with over 1,000 followers, then you can earn money via gifts – which are purchased by followers and given to you during a live stream, before being converted into TikTok diamonds and then cash.

The monetary value of each TikTok gift varies – and once you deduct the TikTok commission fees, is modest to say the least. However, when combined with other income streams through brand collaborations, direct marketing, and TikTok payment for videos with extremely high viewer numbers, creators can make a fair and sustainable income via the platform.

With that said, how do you deduct and withdraw money from your TikTok account?

When Can Creators Withdraw Money From Their Account?

Once you start earning money through TikTok, you might be wondering when and how to withdraw that money into cold hard cash.

Well, there are a few eligibility criteria that you need to meet first.

Once you receive gifts through the Live Stream program, TikTok will transfer diamonds into your in-app account. These are then converted into a total balance, which you can view via your TikTok profile.

In order to withdraw money from your TikTok account:

  • You need to connect your account to a PayPal login
  • You need to request a withdrawal, which can take up to 15 days to process
  • The minimum withdrawal is $50, and the maximum withdrawal is $1,000 per day

How to Withdraw Diamonds as Money

Simply navigate to your profile, click on the menu button in the top right hand corner of the page, and then select ‘Balance’.

To view how many diamonds you have, click on ‘Live Rewards’ on that balance screen. You can tap on ‘Withdraw’ to withdraw those earnings from your account.

NOTE: Each diamond is worth $.0.5 so you will need to earn a substantial number of diamonds through a wide selection of gifts, before you can start withdrawing money from you TikTok account!

We hope this helps. Gifts and diamonds are certainly not the easiest way to earn money on TikTok, though if your followers are incredibly engaged and like sending your gifts via your Live Streams then it certainly helps to top up your balance!