For both seasoned Bigo users and those considering the Bigo Live app, comprehending the role of Bigo Beans is paramount. These virtual currencies are utilized by users and streamers to facilitate the exchange of gifts and money transfers. Streamers, in particular, receive Beans from their audience in the form of gifts, subsequently converting these Beans into real money or diamonds.
When users send gifts, they often purchase diamonds for this purpose. However, these gifts are received by the streamer in the form of Beans. While the valuation of Beans is equivalent to diamonds during the gifting process, converting Bigo Beans to diamonds follows a different ratio – 1 diamond for every 3 Bigo Beans.
Understanding the distinction between Bigo Beans and Diamonds is essential. Unlike diamonds, Bigo Beans cannot be directly purchased; they can only be obtained through gifts. While diamonds can be used to directly buy virtual gifts within the app, Beans require conversion to diamonds before they can be used for this purpose. Notably, Beans can be converted into diamonds, but the reverse is only possible by sending diamonds to other streamers.
To monitor your current Bigo Beans balance, follow these simple steps within the Bigo app:
Your total Beans balance will be displayed on the screen. Additionally, when viewing a Bigo profile or a live stream, the respective Beans received by a streamer will be visible.
In the intricate economy of the Bigo application, all transactions with hosts are conducted in Beans. Bigo Live pays its hosts in Bigo Beans, adding a specific amount to their wallets based on the targets accomplished in the previous month.
Understanding the value of Bigo Beans is vital. Currently, 210 Bigo Beans translate to $1 USD.
As an example, if you possess 6,700 Bigo Beans, you can exchange them for $31 USD.