Unless you’ve been living under a rock, or you’re over the age of 40, you won’t need me to tell you about the current TikTok craze. The social media platform officially known as Douyin has become an internet phenomenon in China and other parts of the world. It’s now one of the most popular social media platforms, with over 800 million active users worldwide.
What is TikTok?
TikTok shows short videos of people from around the world, often set to popular songs or sound bites. It’s a place where people can show off their talents and create relatable content for millions of people to enjoy. TikTok has become so popular that other more mainstream social media platforms such as Facebook, Instagram and YouTube have started imitating TikTOk’s style of short sub-15-second videos which can be swiped through with the flick of your thumb.
What are TikTok gifts?
TikTok gifts are virtual gifts that you can buy to show your love and appreciation for content creators. These gifts can range from virtual balloons, cupcakes, cakes, flowers, and even diamonds! They are sent to the content creator as a token of appreciation, which is then shared with their followers. The amount of money spent on these gifts varies greatly depending on the type of gift.
How Much is a TikTok Universe Worth?
A TikTok Universe is currently worth 34,999 Coins. 34,999 coins equate to roughly £350.
Where Can I Buy TikTok Gifts
TikTok gifts can be bought from the TikTok app itself, through the app store and even from third-party websites. They can be bought using a variety of payment methods such as credit/debit cards, PayPal, and Apple Pay. The cost of gifts can range from just a few coins to thousands depending on the type of gift you are looking for.
Are Tiktok Gifts Taxable in the UK?
In the UK, any transaction made through a third-party website and not through an official TikTok app purchase is subject to Value Added Tax (VAT). This means that if you buy gifts from a third-party site, then they will be subject to VAT. However, if you purchase the gifts directly from within the app itself, then no VAT is applied.
It’s important to remember that any money spent on gifts will be subject to income tax if you are earning a profit from your content creation on TikTok. Therefore, it’s always best to keep track of all the gifts you receive as these could potentially be taxable when filing your taxes in the UK.
Can You Convert Tiktok Gifts To Money
TikTok gifts can be converted into diamonds which can be exchanged for cash! Every diamond is worth 5 cents, so 100 of them can be exchanged for $50. However, bear in mind that as you redeem these rewards through TikTok, the platform retains 50% – meaning each reward will only net half its value.
How Can I Get Free Tiktok Gifts
Getting free gifts on TikTok is definitely possible! Some of the best ways to do this are by joining a gifting community, entering giveaways and competitions, or simply by being creative and making awesome content that gets noticed. Additionally, some companies offer free gifts such as coins, diamonds and other virtual items in exchange for watching their ads. Finally, you can also build a loyal fan base on TikTok and encourage them to send you gifts as tokens of appreciation.
Tiktok Gifts For Her
If you’re looking for the perfect TikTok gift for a special girl or girlfriend, there are plenty of options out there. Some popular choices include virtual jewellery such as earrings, necklaces and bracelets; virtual flowers like roses and tulips; or fun items like an emoji pillow or unicorn stuffed animal. You could also get her a virtual gift card to her favourite store, or a subscription to a streaming service.
For the more creative TikTok gifts, why not try making custom artwork, writing her a love letter or song, and putting together a video montage of special moments? No matter what you choose, your girl will be sure to appreciate the gesture!
TikTok gifts for him
If you’re looking for the perfect TikTok gift for a special boy or boyfriend, there are plenty of options out there too. Some popular choices include virtual sports items such as a football or basketball; virtual tickets to his favourite sporting event; or fun items like an emoji pillow or cool t-shirt.
Conclusion
In conclusion, TikTok gifts are a great way to show your appreciation for someone special in your life. There is something out there for everyone – whether a virtual gift or something more creative – and the cost can range from just a few coins to thousands of dollars depending on the type of gift you have in mind.