TikTok is a content creator's paradise. The platform has remained vastly popular since its inception as it heavily capitalised on its early fame, and its promotion of short-form content is its main strength. One of TikTok's most excellent perks is that content creators can earn in various ways. However, many have always wondered about the safest and swiftest way to withdraw funds. Mastering how to withdraw money from TikTok is relatively easy.
Over the years, TikTok has amassed many content creators who use the app to self-express and earn real cash. If you have earned money from that platform, you may wonder how to withdraw your TikTok rewards.
There are various ways of earning money on TikTok, one of which is through the Live Stream Program. Therefore, if you have earned diamonds through the program, you can check out your TikTok cash balance and withdraw it to your desired destination, like a bank account.
The first step to withdrawing your TikTok rewards is checking your balance to know how much you will receive in your bank account or any other preferred destination allowed by TikTok.
The page will display what you have earned for the day and your total earnings over time. Since you want to withdraw, click the "Withdraw" button on the "LIVE Rewards" screen. A diamond is around $0.05. Remember that TikTok takes some of your earnings after this conversion.
PayPal is one of the best online money wallets that easily connects and synchronises with your TikTok account, and it is where you will likely withdraw your money. However, you must abide by their terms and conditions to receive money from TikTok.
Therefore, once you click the withdraw button, you will be asked to agree to the terms and conditions and get a page directing you to PayPal. Type the amount you intend to withdraw. Your withdrawal request will be reviewed and processed. Remember that your money can take up to fifteen days to reflect on your PayPal account.
The smallest amount you can withdraw to your PayPal account is $50; the maximum is $1,000 daily. Therefore, if you have $3,000 in your TikTok account, you will withdraw $1,000 daily for three days.
What challenges can you face while withdrawing your Tiktok rewards to PayPal? Sometimes, the money might keep on bouncing. It is important to note that TikTok only sends money to verified PayPal accounts, so you must ascertain that yours has been verified and complies with all of PayPal’s terms and conditions.
Another problem that might occur is when names don’t match. If your first and last name and your email address on TikTok do not match that of your PayPal account, you might encounter problems withdrawing.
You can withdraw your TikTok earnings to your Mpesa, but not directly. You will first have to withdraw the money to your PayPal account and then use another platform to move the money from your PayPal account to Mpesa.
The most used service provider for PayPal to Mpesa withdrawals is PayPal Mobile Money. You must create an account with the platform, link your PayPal account, and authorise current and future transactions. This avenue allows you to withdraw money into your Mpesa account within minutes.
People can be paid for views under TikTok’s Creator Fund; however, according to the fund’s eligibility, Kenya isn’t among the eligible countries. Anyone eligible can join the Creator Fund and make money off the videos based on certain factors, including views and engagement. Eligibility for the TikTok Creator Fund include:
If you face challenges while withdrawing your rewards from TikTok, it might be caused by one of the following problems:
If you still face problems after correcting the abovementioned issues, contact the TikTok support centre for assistance.
Learning how to withdraw money from TikTok will make cashing out your rewards easy. Always abide by the terms and conditions when setting up your withdrawal options to smooth the process.
Are you trying to figure out how to make money as a creative on TikTok? Tuko.co.ke featured an informative article on how TikTok users can earn.
TikTok is a giant social media platform with users worldwide. Getting a large audience is the first step in making money on the platform. So, how many ways can you take advantage of your audience and make money on TikTok?
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How to Withdraw Money From Your TikTok Account
How to Withdraw Money From Your TikTok Account