For a decade, streaming has become one of the favorite ways of consuming content for users around the world. In this sense, Facebook Live is one of the most important for both users and content creators., for the ease of reaching a new audience, as well as for its monetization.
In this article we will talk about the stars of Facebook Live, a simple but very powerful tool that brings the entire platform to life and motivates both viewers and streamers since with them you can reward the efforts of the latter and allow them to monetize their profiles.
What are the stars on Facebook Live and what are these elements of the platform for?
The stars are Facebook Live digital tokens that have a monetary value within the platform. These are used as sustenance and financing of the same and of the content creators that make life in it.
The operation of this system is quite simple, users can buy these stars to later donate them to their favorite content creators. Thanks to this donation system, Facebook Live manages to compete with other live video platforms such as YouTube or Twitch, positioning itself as one of the companies with the best economic performance today.
How much money can you earn by Streaming on Facebook Live with the stars of the platform?
Facebook Live stars have a fixed value for streamers. In essence, a star has a value of € 0.01 or 1 euro cent. This may seem small but rarely does a viewer donate just one star, usually they donate packages of more than 100 stars equal to € 1.
So the earnings would be similar to the following:
- 100 stars = € 1.
- 1,000 stars = € 10.
- 10,000 stars = € 100.
- 100,000 stars = € 1,000.
- 1,000,000 stars = € 10,000.
Another thing to keep in mind is that to collect your winnings you must accumulate a minimum of 10,000 stars that equal € 100. Also, the earnings will not arrive the same day you request them, but it will be delayed until 30 days after the end of the month if you are in a western countrySince in Thailand and other eastern countries it may take up to 60 days to arrive.
What are the main payment methods that Facebook accepts to pay you or to buy stars?
One of the advantages of using Facebook Live is that has a wide variety of payment methods, which gives it an advantage over other platforms such as Youtube that it only does it by check or international bank transfer with all the commissions that this means.
Among the most popular methods for users we can identify the following:
Paypal
The favorite method of most people in Latin America is PayPal. This payment processor is accepted in thousands of online stores and physical stores, especially in countries such as Mexico, Venezuela, Peru and Colombia.
Facebook for several years has allowed its users to use this platform to pay for Facebook Ads advertising, and it is also used to process the payments of the stars that the Streamer get. This option is valid in most LATAM countries, and to qualify for it, automatic payment must be configured through this platform.
Visa and Mastercard
The world’s largest credit cards are a basic option on all digital platforms and Facebook is no exception. In this case, you must configure automatic payments again and establish your favorite credit card. to receive them every month after they are processed by the platform.
Other payment methods
In addition to the aforementioned, Facebook also accepts numerous payment methods for the modality of “manual payment”, which we remind you that you will have to request manually each time you have completed the minimum withdrawal of 100 $ USD (10,000 Stars), or when you have accumulated an amount that you consider appropriate to make the request.
Among them are the following:
Learn step how to buy stars and make donations to your favorite streamers on Facebook Live
Currently Facebook stars can only be purchased during the same Facebook Live or Facebook Gaming live streams. For this, the content creator to whom you want to make the donation must be registered in the Level Up program, as well as the user must be in a country where the Level Up program is available. If both requirements are met, you can make the donation in two ways.
The first is with the use of the direct command for donations:
- During the content creator stream to whom you are going to donate the money, write an exclamation point in the comments “!”.
- Now next to the sign write the number of stars you want to donate. For example, if you want to donate 100 stars, you must write it like this “! 100” and the donation will automatically be made.
This method is worth if you have automatic payments configured, and at the end of the month the amount of the donated stars will be added to your normal billing.
Another way to buy stars to donate is the following:
- Next to the comment box you will see a star just to the right of the expression “Write a comment”.
- You must click on it and a window will automatically appear in which you will see the option “Buy stars”.
- Once the previous option has been selected, you must determine the number of stars you want to buy. For example 250 stars.
- Now you will have to follow the directions on Google Play or Apple Store, and select the payment method you are going to choose.
- You wait for the process to finish and that’s it, you should already have stars available in your user balance.
- Now you just have to click on the star symbol in your favorite streamer’s broadcast, and select the number of stars you want to donate before selecting “Send” to make the donation.
- In addition, you can also use the command “!” to donate to your favorite content creator.
Requirements to be Lever Up on FB Live What do I need to start monetizing my account?
The Level Up program is not available to everyone the content creators of the platform.
In order to access it, the following requirements must be met:
- Have a page of “Creator of game videos “ on the platform.
- The administrator of the page must be older than 18 years-old.
- Have the account active during the last 14 days, that is to say, having made an uninterrupted stream in that period.
- Have made at least 4 hours of streaming in the last 14 days.
- Have at least 100 followers on your video game creator page.
Besides this, you must reside in one of the supported countries for the Level Up program.
The Spanish-speaking countries that are within the program are the following:
- Spain.
- Mexico.
- Puerto Rico.
- United States of America.
- Argentina.
- Belize.
- Bolivia.
- Brazil.
- Chili.
- Colombia.
- Costa Rica.
- Dominican Republic.
- Ecuador.
- The Savior.
- Guatemala.
- Honduras.
- Nicaragua.
- Panama.
- Peru.
The best strategies to increase your earnings on Facebook Live with the stars of the platform
Yes you are already a member of the Facebook Live Level Up programThese tips that we will explain below will be of great help to you to be successful in your new odyssey as a creator of gaming content and thus collect more and better donations.
Go for it:
Inform your followers of the Level Up program
The Level Up program is not well known, so if you want to get donations, you must inform your followers what the program consists of and that you are now part of it. If nobody knows that you can receive donations, it is normal that nobody donates anything to you, so if possible during your broadcasts, find a space to inform your audience about it, and if possible plan a broadcast in which you explain in detail how to donate stars to your channel.
Set star goals to improve your channel
Another strategy is for you to announce that you have a star goal to make an investment in the channel. For example, you can tell your followers that you want to get your first 10,000 stars in order to acquire a new camera to improve the quality of the channel’s image. These kinds of things always work especially if your community is very emotionally connected to your broadcasts and content..
Offer rewards to your followers
You can run game giveaways just released and other items for your followers. The condition in this case is that only those who have made a donation in a certain time will participate for the prize.