The live stream program on TikTok allows you to earn money. After collecting all the money, it is time to claim and use it. Many TikTok content creators earn diamonds through the live stream program and have converted those diamonds into real money. How to claim TikTok money?
All TikTok content creators who want to claim their money should have an account like PayPal where they’ll receive the payment. The estimated funds you earn will appear in the Creator Fund Dashboard. To access this dashboard, go to the profile section and select the “…” icon.
Claim Money from TikTok and Withdraw It to Your Account
To request a money withdrawal, all TikTok content creators must use a withdrawal method supported in their country or region. Then, content creators must also follow some steps below. Make sure that you learn every step carefully before trying to withdraw your money.
1. Meet the payment threshold
How to claim TikTok money? To withdraw money, you need to provide an up-to-date, complete, and accurate withdrawal method. Any losses or fees caused by incomplete or inaccurate withdrawal method information will be borne by users.
TikTok isn’t responsible for any consequences like disputes or losses from incomplete or inaccurate withdrawal method information submitted by users. Moreover, it is essential to withdraw at least USD100 or more. This is the minimum withdrawal amount requirement you need to meet.
2. Link a PayPal account
The next step to claim money on TikTok is by linking your PayPal account to the TikTok account. Those who don’t have a PayPal account can create one for free. After making a PayPal account, log into the TikTok account and then open the Balance tab.
Next, click the withdraw button, and then the next step will be connecting TikTok to a PayPal account. This process is going to last a couple of seconds.
3. How to claim TikTok money easily
Once you’re done linking your PayPal account to your TikTok account, the withdrawal process will be a lot easier. Access the Balance tab then hit the withdraw button. Next, enter the amount of money you are going to withdraw. TikTok is going to deduct a commission fee.
The commission fee is only 2%, no matter how much money you withdraw from this video-sharing platform. Finally, complete the transaction simply by clicking the Confirm button.
4. Wait for the payment
After requesting a payment on this video-sharing platform, you should wait for up to 15 business days until the payment is processed and also transferred to your PayPal account. While waiting, make sure that you get your PayPal account verified and linked to any bank account
This way, you will be able to claim TikTok money and receive the payment much more easily and quickly. Withdrawing money from a TikTok account requires very simple steps. You only have to meet the threshold of TikTok, link a PayPal account, and easily cash out the money.
Rules to Follow in Withdrawing Money
Understanding how to claim TikTok money shouldn’t be the only thing to learn. You should also learn the rules for withdrawing money. TikTok will direct your funds to your PayPal accounts. That’s why you need to register a PayPal account if you don’t have one.
When creating a PayPal account, you need to provide correct information such as your address and credit card details. Here are some other rules to follow.
The maximum daily limit to claim money from gifts is USD 1,000. If you have USD 5,000 in your account, then you can withdraw them all in 5 days. This may feel a little inconvenient, but it is what it is.
The minimum payout will be USD 100. There is no way you can withdraw money from your TikTok account less than USD100. What if your video doesn’t get much revenue? then you should wait for days or weeks to accumulate money before withdrawing it.
TikTok won’t charge any transfer fees. However, PayPal will charge you about 2% or more. Get ready to get money less than the amount you withdraw.
Promote Your Account And Earn More
Though your account is helpful and your content is wonderful, everything will be useless if no one knows what your profile is. Promote your account now by broadcasting its link using SMS Broadcaster’s Hitech Terminal Enterprise device.
When more people visit your account, become your followers, and watch your videos, you will gain more revenues and be ready to implement what you’ve learned about how to claim TikTok money.