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Twitch is dominating the online video-game industry and is showing no sign of slowing down. People are looking to it as the future of online gaming — and with good reason. With hundreds of thousands using the platform every day, it’s popularity speaks for itself.
For streamers, donations from viewers show that they appreciate the content on the Twitch platform. These donations serve as the main avenue of income for hundreds of streamers and help them continue to stream on Twitch.
Twitch donations are when viewers give money directly to their favorite streamers. It can happen in several ways. They may choose to show their appreciation through Twitch Bits, PayPal, LimePay, or other payment platforms.
Twitch does not receive anything from donations sent directly to the streamer through third-party platforms such as PayPal or LimePay.
However, they do take a percentage from Twitch Bits when they are used to cheer on a streamer. On average, it’s estimated that Twitch takes about 20% commission of Bits that are used towards a streamer.
The short answer: Of course you should!
Everyone views Twitch donations as the norm, so don’t hesitate to freely receive donations. Your loyal viewers and fans may be looking for a way to help their favorite streamers out, so don’t be shy. Let them know how and where they can support you. Your Twitch donation panel is a place where your viewers can donate and show their appreciation for the content you produce.
Donations encourage a good online community. When your viewers donate, they feel like they are a part of something bigger. When you thank them and let them know you appreciate their efforts, they may be encouraged to donate more.
For Twitch streamers, these donations serve as one of the many avenues of income on the Twitch platform. So get out there and make good use of your Twitch donate button! Your bank account will certainly thank you.
While donations are the main way to support your favorite Twitch streamers, Twitch Bits and Cheers aren’t too far behind.
Twitch Bits are a type of virtual currency that viewers can spend on a streamer of their choosing. For every bit that is used, Twitch pays Affiliates and Partners one cent.
They must first purchase Bits and then use them by “cheering.” In these cheer messages, viewers can pay to attach emojis to garner attention towards their message. Viewers can set their cheers to use different amounts of Bits. The higher the number of Bits they use, the more impressive the emojis. If a viewer uses this Bits in a streamers chat channel, they receive a Cheer Chat Badge.
In essence, the more they chat in a stream, the more Bits they use. Over time, they can earn better Cheer Badges.
Streamers can set up the minimum amount of Bits needed to cheer in the chat stream. This avoids a spam of single Bits from viewers. You can also set up the amount of emojis needed to join your chat stream as well.
To encourage viewers to donate, some streamers have connected a Streamlabs Tip Jar widget to their channel. This shows an empty tip jar that fills up with Bits that are used on your channel. It works to encourage viewers to donate to help “fill” your tip jar!
Cheering is pretty simple. Here’s how your viewers can get started cheering you on!
Follow these steps to donate Bits on Twitch and create cheers for your favorite streamers.
If you already have a PayPal account, you have the option to ask your viewers to donate directly to you. All you need to do is use the email address that is linked to your PayPal account.
You can also create a PayPal.me donation link that will take your viewers through the process. However, we recommend that you simply set up a Paypal donate button.
Here’s how to do it:
Bitcoin has burst onto the scene as an alternative to traditional currency. One of the advantages of Bitcoin is that unlike its predecessors, you don’t need a bank account to accept it. You can even accept bitcoin donations from all over the world, opening you up to a myriad of possible donations.
To receive Bitcoin and other cryptocurrencies from viewers, Twitch streamers need to share their wallet’s address with them. This can be done in a few easy steps, as outlined below.
Limepay is a great tool for Twitch users to set up and receive donations on. It’s easy and fairly straightforward to set up, and it has lots of great bonus features.
Donorbox is a donation platform that allows you to receive donations by credit card, PayPal, and even bank transfers.
You can add a donate button to your Twitch channel by linking a DonorBox donation page.
While all of the mentioned services above are great, some of them come with the risk of chargebacks.
A chargeback occurs when a would-be donator’s bank initiates a reversal of the transaction. In other words, they try to take their money back after they’ve donated it.
A chargeback can occur for different reasons. At best, a follower may have accidentally donated more than they could afford. At worst, they may want to pull their donation after some negative behavior from a streamer.
Whatever the case, chargebacks are inconvenient for everyone involved. Not only do you run the risk of losing the original donation, but each time a chargeback is filed, the streamer can be hit with a fine.
To protect yourself, streamers should review the chargeback policy on the donation platform of their choice.
For example, chargebacks on Paypal normally end up at the Paypal Resolution Center. Both parties can provide evidence for or against the chargeback, with PayPal having the final say.
To fight a chargeback, you’ll need to provide sufficient evidence to show that the charge was valid, the donor was not misled, and that you met the obligations as the receiver of the donation.
It’s also important to remember that although this form of Twitch income is called donations, at the end of the day it is income. This means that it is taxable and that Twitch streamers need to report it correctly in their annual taxes.
Now that you’ve gotten all your platforms set up and you have your Twitch donations panel ready, all that’s left is for your viewers to, well, donate. Here are a few ways to turn those loyal followers and subscribers into loyal donors.
A simple reason why you may not be getting donations could be that your viewers simply don’t know how to do it. While the process may seem simple to you, it could be overwhelming to them, especially if they are unfamiliar with the platforms.
To give them a gentle push in the right direction, why not create a how-to guide all about your donation platforms? You can walk them through the process of donating through each platform. Once they know how to do it, nothing will hold them back from showing you some support.
If your viewers feel like they are helping you reach a certain goal, they might be more inclined to donate. Be open with them about what you have planned for future streams! Let them know that you’re planning to update your gear or that you want to make a certain purchase. They might be more generous than you think.
People love getting shout-outs from their favorite streamers. Every week, you could make it a point to thank last week’s donors. Show your appreciation for what they’ve done, even if it was a small donation. Viewers may be inclined to donate to make it on the following week’s shout out.
Turning on Twitch donation alerts is great for everyone involved. Not only do you get to see and thank your donors in real-time, but it shows other viewers that people are donors. If you have some viewers who’ve been hesitant to donate, it might be the push they need.
When Twitch Users see each other donating, they will feel a sense of community. It will help build a close-knit group of people around your channel, adding to the camaraderie of your streams.
If you’re willing to invest some money into your Twitch channel, there are a few streaming services out there that create these donation alerts for you. Here are four streaming services that you can use.
If you’ve decided to choose Muxy for your donation alerts, here’s a quick guide to getting set up.
To set up donations on Twitch with StreamLabs, you’ll need to install and launch the StreamLabs OBS program. Then you can start setting up StreamLabs step by step. Here’s how to do it.
The sooner you set up your donations, the sooner you can start receiving them from your fans and subscribers. When you’re passionate about what you do, that can quickly shine through. Your loyal viewers will be moved to support you and help you keep your dream of gaming alive.
Of course, more viewers and more subs means more donations — and more ways to monetize your channel in general. Growing your channel doesn’t have to be hard. If you combine organic growth strategies with our useful Twitch growth tools, you can quickly increase not just your number of donations — but your number of subs, too.
Rather than using robots to inflate your channel engagement artificially, try out TwitchGainz.com to attract real users with real Twitch accounts. The system works by allowing you to offer other Twitch users an incentive, in the form of an online currency called GEMS. If the user is interested in your content and agrees upon your offer, they will be rewarded with GEMS, which later can be exchanged for real money. This way, you can quickly grow your channel as well as increase your Twitch donations.