There are a lot of live streaming platforms around the world, but BIGO Live is just different as a platform. Launched in 2019 by a user from Singapore for users all over the world, they didn’t take long to immediately realize how differently connected they are on BIGO. This platform uses an underlying base of machine learning and artificial intelligence technology, hence becomes an outstanding algorithm for creators to enjoy maximum user engagements. It is a venue where artists may not only express themselves but also earn a living wage. Therefore, the purpose of this essay is to discuss the specifics of making money on BIGO Live app in the year 2024.
How to Make Money on BIGO Live
As a live streaming platform, BIGO Live allows one to broadcast themselves to fan followers in real-time to an audience worldwide. Users can watch different creators’ broadcasts and interact with them through reactions and comments. Not only that, users can also support their favorite broadcasters with gifts and virtual currencies through Bigo recharge. This is where the making money aspect comes into play because creators can use these gifts and views from users to make money. Creators on the platform are reported to be able to earn up to $5000 from the platform in a month. On top of that, the virtual gifts and views from fans plus followers is a complete bonus. So, without further ado, here is how to make money on BIGO Live in 2024:
BIGO Live Monetization Program
The biggest and most effective method to earn money on BIGO Live app is via the monetization scheme. Leveling up on the site via broadcasting will allow you to start receiving “Beans” and presents from other users. What are Beans? They are the virtual currency of broadcasters that they can earn through views and later cash out in exchange for money. Creators can earn 6 Beans from 100 views and as they upgrade their monetization, their conversion rates will get more lucrative.
Virtual Gifts and Diamonds
The second way to make money on BIGO Live is through the virtual gifts sent by users. During live streams, creators are eligible to get virtual gifts like diamonds from users. The best way to earn these diamonds from users is with interaction and eye-catching content. Offering shoutouts or incentives is also a great way to earn gifts from users. Creators can later exchange these accumulated gifts or diamonds for real cash. We would advise beginners to focus on earning these diamonds because they are more profitable than views.
Needless to say, the answer to how to make money on BIGO Live app is simply to broadcast and create engaging content. As long as you put in the work, you will reap the benefit of it from your users. If your fans and followers find your content interesting, they will buy Bigo diamonds themselves to gift to you and show their support. So, create unique content and broadcast your passion on BIGO Live today to start making money!
