How to cash out your beans:
To cash out beans to real money on BIGO LIVE, you should at least have 6,700 beans. After you have reached the requirement, you can easily exchange the beans and diamonds into real money. And here we show you how to cash out beans to money step by step.
You could choose to withdraw your beans to either your bank card or your Payoneer account.
Below you could find the tutorial and FAQ:
🔥 Q1: What are BIGO Beans?
BIGO beans is virtual currency use by users and streamers on BIGO to send and receive gifts and to make money transfer. Streamers intend to receive beans from audience in form of gifts and finally they convert beans in real money or diamonds.
🔥 Q2: What Is the Difference Between Beans and Diamonds?
You can buy diamonds from Bigo purchase section, but you cannot buy beans.
Diamonds can be used directly to purchase virtual gifts in the app, but beans cannot be used to purchase gifts. If you want to buy a virtual gift with beans, you should first convert your beans to diamonds.
Beans can be converted into diamonds, but diamonds can’t be converted into beans without sending it to other streamer.
Cash can be obtained from beans only, not from diamonds.
🔥 Q3: How to Check Beans in My Account?
To check how many BIGO beans you have currently in your account, just open BIGO app then click on your profile.
Click on “wallet” then beans.
All beans will appear on your screen. You can also check any other’s beans via their profile.
🔥 Q4: How to Cash Out Beans to Your Bank Card?
Step 1: Click into the profile icon in the lower right corner
Step 2: Tap on “Wallet” -> “Beans” -> “Exchange Rewards”
Step 3: Fill in the amount of cash
Step 4: Select the bank account to which you would like to withdraw
Step 5: Confirm exchange and done
🔥Q5: How to Link to Your Bank Card?
Step 1: Click into the profile icon in the lower right corner
Step 2: Tap on “Wallet” -> “Beans” -> “Exchange Rewards”
Step 3: Click into “Create a new address”, and select the region you are based in
Step 4: Select the withdraw method by bank card or Payoneer
Step 5: Make sure your personal information correctly, and remember the password as well as security questions
Step 6: After completing the information, please submit and wait for approving
🔥Q6: How to Cash Out Beans to Your Payoneer Account?
Step 1: Click into the profile icon in the lower right corner
Step 2: Tap on “Wallet” -> “Beans” -> “Exchange Rewards”
Step 3: Fill in the amount of cash
Step 4: Select the Payoneer account to which you would like to withdraw
Step 5: Confirm exchange and done
🔥Q7: How to Set up Your Payoneer Account?
Step 1: Go to www.payoneer.com and set up a Payoneer account of your own
Step 2: Select Individual and fill in your personal information
Step 3: Submit after double check, and the account will be approved in half an hour
🔥Q8: What is the transaction fee if I used Payoneer to withdraw my beans?
If you choose to cash out to your bank card, it charges $3 per transaction + 2% foreign currency exchange fee.
If you choose to cash out to your Payoneer account, it charges $3 per transaction. But please note that you can only transfer the money in Payoneer account to your bank account when the balance is more than $200.
🔥Q9: How much are BIGO beans worth?
210 Beans is worth USD$1.
For example, 6,700 beans can be exchanged to $31 USD
🔥Q10: How many beans can I cash out each time?
Cashing Out starts from 6,700 current beans, and you cannot cash out more than 1,050,000 beans per time. And please note that you could only request exchange once a week.
🔥Q11: How long does it take to receive my money?
If the exchange amount is under $1000 (210,000 beans), it usually takes 3-5 working days.
If the single withdrawal is above $1000(210,000 beans), it takes longer time – 25-30 working days.
🔥Q12: How can I contact BIGO if I have problems about my bean exchange order?
Feel free to contact your agency leader for any further concerns.
Conclusion
More beans, more money. Please make sure that you are showcasing some of your talents.
Plus, showing some special and unique talents will definitely help you stand out and attract more viewers, which is quite important for earning money on BIGO LIVE.