You already know how to earn money from TikTok in Nigeria and have make some money or Coin, Diamond, but TikTok withdrawal problem is that you can not use other withdrawal method except PayPal in Nigeria. In this post, you see How To Withdraw Money From TikTok in Nigeria with Dollar Account.
You see secret method use to withdraw from Tiktok without Paypal, That will help you enjoy black market rate of dollar when you recieve the money to your account, let me walk you through the steps on How to transfer money from TikTok to bank account (Dollar Account).
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Here is what you would get the answer to from this TikTok Social Media Series on VTUscript Blog
If you have reach the TikTok Monetization Eligibility Requirement, you can now take part and get paid of the TikTok Creator Fund in eligible country.
TikTok Minimum Withdraw and Maximum Withdraw
Note that you must reach TikTok minimum withdrawal threshold, which is $100 (10,000 coin).
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And you can only request a maximum withdraw fund of $1,000 daily.
Also see: $100 Daily Withdraw App + Site That Pays in Crypto
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If you are not new online, you will know that making money from Social Media is hard compare to blogging.
WordPress is much easier to use and create more way to Make Money
And you get Customer from Ranking on Google.
If I should Compare YouTube and TikTok earnings, YouTube is better if you prefer Creating Video Content.
Tired of your TikTok Earnings, just download TikTok Videos and upload it to YouTube Short.
How To Transfer Money From TikTok To Bank Account
Before you can achieve this, you need a dollar account which you can create online with grey.co in mintinues and then link it with your payoneer account.
This will help you enjoy black market rate of dollar when you recieve the money to your grey.co account other than naira bank account, let me walk you through the steps on How to transfer money from TikTok to bank account (Dollar Account).
What You Will Need;
- Tiktok Account (Monetized).
- Email Address.
- Payoneer Account (Verified).
- Grey.co Account (Verified).
You already know how to create gmail account on google, because you can not have a tiktok account without it.
Just for beginners, go to gmail.com to get started.
Use this email address to create the following accounts, Payoneer and Grey.co account.
How To Create Verified Payoneer Account For Tiktok (Video)
Follow the steps in the video to create a verified payoneer account.
- Go to payoneer.com
- Click on sign up and fill your personal details.
- Select Freelancer as account category and individual as account type.
Watch video…
Payoneer Global Inc. is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital
How To Create Grey.co Account For Tiktok (Video)
You will need this account to get a U.S dollar bank account to add to your payoneer account to get paid by payoneer once the money is sent to payoneer by tiktok.
Do not worry, you can withdraw from grey to your bank in Nigeria.
Watch the video steps of how to create a verified account.
You can not get paid to the your bank if you use paypal, and paypal is the only option for Nigerians.
Tiktok do not know that Paypal place a restrict for Nigeria Paypal account.
That is why you have to follow the steps below to change your Tiktok country during withdrawal in order to get paid to payoneer that can pay you to your local bank.
Is Payoneer the same as PayPal?
Although the names sound the same, Payoneer and PayPal are two very different programs. Payoneer is a financial services company that focuses on facilitating domestic and international payments. PayPal does that as well, but they also provide merchant accounts. One may be more useful to you than the other.
You can use the other paypal method we explain after this steps and sell your paypal fund or transfer to payoneer.
Can I transfer PayPal to Payoneer?
Yes, you can transfer money from PayPal to Payoneer in this manner. This is 100% legitimate. Payoneer has cleared inbound ACH payments from PayPal and other US firms.
It is going to see be stressful, Paypal and their withdrawal problem.
We recommend using this payoneer method with another country that payoneer is avaliable as payment method for Tiktok cash out.
Set Up Time: 1 day
Go To Your Profile
Login to the account eligible for TIKTOK monetilization that has earning in it.
Clcik On Settings And Privacy
Go to Settings And Privacy to enable you go to your Balance page
Go to Balance
There are different earning you can withdraw, depending on the one you earn on, you can withdraw coin, live gift and creator fund. select the earnings you want to withdraw.
Click Withdraw
select the earnings you want to withdraw, then click on withdraw button and you will be able to see a section to Add New payment Method.
Add New Payment Method
Click on Add New Payment Method and you will see by default, your account is set to Nigeria.
And in Nigeria, we only have paypal as the only payment method. What you do is to change from Nigeria to another country.
Change Country
Yes, you will need to change your country to nearest country that have more multiple withdraw method. you can choose Algeria which has both Paypal and Payoneer. (Other country has two to three payment method but Nigeria has only paypal).
Enter Code Tiktok Sent
After you change your country, Tiktok will send verification code to your phone number to ensure you are the one that recently change the country account, enter the 4 digit code sent to your mobile phone. All earnings are withdraw in USD dollar.
Link Your Payoneer Account To Tiktok
Once you have verify it is you that authorize the changes, you will see the avaliable country withdraw method, choose payoneer and and link your verified payoneer account. Click on link account button to link the payoneer email address. read tiktok withdrawal policy.
Withdraw Your Money To Payoneer
Withdraw your money to payoneer and tiktok will send the money to the payoneer account and this can take 2 – 5 business days. then payoneer will gent it to grey.co account with the U.S bank details they give to you.
How can I withdraw money from TikTok without PayPal
From research, we discover that you can not withdraw money from TikTok without a PayPal account.
Even if you are from country that is not eligible to withdraw from PayPal to Local Bank.
But there is always a way round it, you can still get paid from TikTok.
Looking for PayPal Alternative? See PayPal Alternative in Nigeria
How To Withdraw From TikTok in Nigeria
We already know that there is a PayPal banned in Nigeria and with a personal PayPal account, you can not request withdrawal to your local bank.
Here in Nigeria, freelancer do get paid from PayPal using other country as their country while creating their PayPal account, but that is kind of illegal and not approved by PayPal.
Such account can easily get PayPal Limit or Ban.
To receive PayPal fund in Nigeria, all you have to do is to create a PayPal Business Account (merchant account).
It is not difficult to create, but you have to get some register business requirement to be able to increase your withdrawal limit and access more PayPal features.
How To Create PayPal Business Account In Nigeria
Step-by-step instructions.
1. Visit PayPal.com and click Sign Up.
2. Select business account and click Next.
3. Enter your email address and click Next.
4. Now, create a login ID and Password and enter your business contact information.
5. Make sure to read the user agreement, privacy policy, and electronic communications delivery policy. Then click Agree and Continue.
6. Next, tell us about your business: Enter your employer ID number or if you’re a sole proprietor, enter your social security number.
7. Then, enter your website address if you have one and click Continue.
8. We’ll ask for some additional personal information that will be used to verify your identity.
9. Once that’s done, we’ll send you an email to verify your information.
10. Then your account is ready to use.
Now that you have a PayPal Business account that can send and receive money in Nigeria, you can now add the PayPal email to TikTok Account for withdrawal.
You can send the PayPal money to someone that can give you Naira in return, or use Flutterwave to withdraw it in Nigeria.
How much money do you need to withdraw from TikTok
As we have made mention before, you need 10,000 coin to convert to silver that you can withdraw as cash.
Your withdrawal threshold is $100 (N68,500 Naira)
How to withdraw from TikTok creator fund
You can Withdraw TikTok Creator Fund just the way you withdraw live gift and other earnings from TikTok. let first see How long does it take to withdraw money from TikTok
How Long Does it take to Withdraw Money From TikTok
If you request for withdrawal, it will take TikTok 15 Days to approve your withdrawal and pay you in your PayPal account.
It will take PayPal 7 working business days to settle it in your account for withdrawal or use.
PayPal see TikTok Fund as Donation, that is why the whole process is delayed.
Note: it can take longer than this depending on your country region.
How to withdraw live gifts from TikTok, how to withdraw money from creator fund TikTok, how to withdraw your money from TikTok creator fund
By the end of this post, you see how to withdraw all your earnings from TikTok.
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Here is a detailed process how to withdraw money from TikTok in any country you are.
How to withdraw money from TikTok
You will see the 8 process to withdraw your money from TikTok
#1. Login to TikTok App or Web.
#2. Go to Your Account Profile.
#3. Click on Menu or Hover to the Menu section.
#4. Select “Wallet“.
#5. Click on “My Income“.
#6. Click on “Withdraw“.
#7. Be sure your PayPal details are correct, such as PayPal email address.
#8. Click on “Confirm Withdraw“
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