Donations are one of the main sources of income for streamers. Viewers can use them to show gratitude and appreciation for their favourite content creators’ hard work. As a Twitch user, you know how to donate on Twitch, and possibly already did it a couple of times to your favourite streamers. However, learning how to set up donations on Twitch is a bit more demanding, and it’s an important topic for streamers who are just starting out. So, check out our guide and start earning!
The official way of making Twitch donations is through Bits. They are the platform’s currency and 100 of them cost $1.40. Not all of this goes to the streamer. For partners and affiliates, each Bit is equal to 1 cent. So, if someone donates 1000 Bits, it will cost them $14, but you will receive $10.
Unfortunately, not everyone can receive Bit donations. Only Twitch’s partners and affiliates have this privilege. It’s not an option for beginner streamers. Thankfully, there are many other kinds of donations!
They include direct PayPal and cryptocurrency donations. Viewers make them through a button in the streamer’s Twitch channel description. You can also receive tips through third-party websites, such as StreamLabs, StreamElements and Muxy. Besides processing payments, they also give an option to set up custom donation alerts. Alerts can raise the donation frequency, as well as the audience’s engagement.
All the methods described above have their advantages and disadvantages. Each streamer should get to know them and make a choice based on their individual preferences.
It’s important to note that you don’t have to choose only one method. In fact, if you want to maximize your donations, consider allowing viewers a few different ways of donating. This way, everyone can do it in a way they find the most practical, after all, knowing how to donate on Twitch should be accessible to all.
If you are eligible to receive Bit donations, setting it up isn’t much of a hassle.
That’s it – you should now be able to receive Twitch donations through Cheering!
You can receive donations to your PayPal account through a button on your Twitch profile page. It will also be visible to people who check out the channel description during one of your live streams. How to set up donations on Twitch this way?
Some creators prefer receiving cryptocurrency (like BitCoin or LiteCoin) donations. It’s good to know how to set up donations on Twitch for cryptocurrency, as it’s a safe and reliable method.
The first thing you have to do is create a cryptocurrency wallet. There are many wallets to choose from. They differ in matters such as transaction fees, security and uptime, so choose carefully. Every cryptocurrency wallet has a specific address that allows others to transfer funds to it. Think about it as a bank account number, but for cryptocurrency. After you become an owner of such a wallet, you can copy its address by clicking a “Receive” (or similar) button on the service’s page.
All that’s left is putting the copied address in your Twitch streamer profile, in the same way as with a PayPal.me link. Users will then have an opportunity to click a button and donate cryptocurrency to your wallet. No intermediaries needed.
Every third-party site works in a slightly different way. So, it’s impossible to give one universal answer to the question of how to set up donations on Twitch through them. But it’s usually a straightforward process.
You have to create an account on the selected site and connect it to your Twitch account. Afterwards, you should locate the setting for payment methods. Sites such as StreamLabs offer several customisation options. For example, setting the minimum amount of donation or maximum message length.
When everything is ready to go, the site will generate a unique donation link. It’s important to place it in a visible spot during the stream (at the bottom of the screen, for example). You can also add it to your channel description. The method is the same as with PayPal and cryptocurrency Twitch donations links.
So, now you know how to set up donations on Twitch. Viewers who visit the site will be able to quickly and easily make a donation to support you in a variety of ways. Through PayPal, but also, for example, directly with a credit or debit card, depending on the service. Remember though that donations are just one of the ways to monetize your stream. Working with brands is definitely the most profitable strategy and can be done independently of your audience size – check our guide for streamers to work with brands.
Earn on your stream in a way that’s actually enjoyable for the viewers. Work with the brands you choose.
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