Learning more about…
Cashing Out
One of the major reasons that people become live streaming broadcasters is because of the rewarding pay that comes with it. On the low end, broadcasters can earn a starting pay of $640 per month, while the most elite broadcasters earn upwards of $24,000 per month. There are also extra incentives for participating in different events. As a new host, there are additional opportunities for increased pay just for gaining new fans and streaming additional hours beyond the minimum requirements. After reaching the minimum bean and hours requirements, BIGO will pay a salary based on a tier chart that marks your performance. You will receive an extra beans deposit into your wallet, equal to the beans value of the salary you earned. For example, if you earned $640 for the month of July, when payouts are process in August, you will receive an additional 134400 beans in your wallet. (640 dollars x 210 beans) which you can cash out to your bank account, or convert into diamonds to send out to other broadcasters.
Our preferred cashout method is Payoneer, which is a global payments provider which makes exchanging beans to diamonds a breeze. This is the easiest and fastest way of turning your hard work into tangible rewards. There is a maximum cashout amount of $5000 per week, and you must have a minimum of 6400 beans ($30 USD) in order to cash out. It takes between 4 and 7 days for the entire process of beans to Payoneer to your personal bank account to be complete.