Content creation has become the new gold, with tons of genres opening up by the day. These include gaming, lifestyle vlogging, entertainment, food, fashion, etc. These content creators have found a home with a legion of dedicated fans across various social media platforms such as Telegram, TikTok, Facebook, Instagram, and YouTube.
On YouTube, there are over 29,000 channels with 1 million subscribers, and the story is the same across these platforms, as they have enabled content creators to curate subscribers, share exclusive information with their fan base, and monetize their audience through affiliate marketing, brand influencing, or joining the YouTube partner program, where the revenue you make is split 55/45 between yourself and YouTube.
As a creator who seeks to maximize earnings on YouTube, it is important to broaden your horizons to increase your earning power. Receiving direct tips from fans has equally proven handy; however, as a creator on YouTube who has not been able to amass a large following, the next best thing is the Super Thanks feature, which allows you to earn revenue and connect with viewers who want to show extra appreciation for your content, although as expected, YouTube takes a cut of your earnings.
Therefore, if you will get paid through tips, it is important to receive those tips in a form where you do not share them with a third party or intermediary, which is what cryptocurrency offers.
Why YouTubers Should Embrace Cryptocurrency
Cryptocurrencies are digital currencies that use cryptography to protect financial transactions between people anywhere, anytime. They run on decentralized networks known as blockchains, eliminating the need for a central regulating body and giving you more control over your earnings.
Asides giving creators more control over funds, it involves a much lower transaction fee compared to the traditional modes of payment, especially for international payments, making it more cost-effective for creators with a global audience.
As a creator, by embracing payments in Bitcoin or your preferred crypto, you bypass the intermediaries to get a larger slice of the pie for yourself, ultimately expanding your revenue streams.
So, how can you easily accept crypto tips on your YouTube channel? That’s where Cwallet comes in.
The tip box tool on Cwallet allows you to accept tips in the form of cryptocurrencies like Bitcoin, Ethereum, USDT, etc., and withdraw them into your local fiat currency with any exchange you desire. Although a few more platforms offer similar services, the Cwallet tip box has unique features that make it stand out!
Accepting Bitcoin Tips with the Cwallet Tip Box
As a content creator on YouTube, your best bet for receiving tips from your fan base is with the Cwallet Tip Box. The tip box allows you to accept tips straight to your crypto wallet while keeping 100% of the tips. Zero commissions, zero fees!
All you need to do is create a tip code, which provides you with a link and QR code that you may add to your video descriptions and on your account, allowing you to get tips without limit.
The tip codes facilitate quick payment processing, which is possible by scanning the tip code, which securely submits the payment information. So whether you need to share it as a link or in a graphical format, the tip code is universally compatible, and you can receive these tips and payments anywhere, at any time.
Creating Tip Codes For Your YouTube Channel
To create a tip code, visit Cwallet, click on Tools, and then click on Create Tip Box. When the Tip Box has been created, enter the details of your tip code, including the user name on your YouTube channel, for easy identification for your audience, especially new fans not used to your content.
You can input preset tipping amounts (in dollar figures) and also leave a blank one so that users can put in their preferred amounts.
The amount will be automatically converted to cryptocurrency, and your audience can know what they are giving you at a glance.
Indeed, monetizing your online content can be challenging, especially as an upcoming YouTube creator. However, with cryptocurrency, you can get rewarded for your hard work by your audience.
The Cwallet Tip Box allows you to make the most of your content as it allows you to accept crypto tips from anywhere in the world without fees or commissions.
Cwallet does not charge any deposits, withdrawals, or token swap fees. Therefore, using Cwallet, even for other services, is free! So, what are you waiting for? sign up, download the app, and accept tips with ease!