There have been a lot of platforms made for different types of activities. Due to their unique concepts, many of them have gathered immense popularity among users. Such apps saw a hike in their favor and usage during the pandemic. With the new platforms come new questions, which can be as trivial as how to use their features. Today we are going to pick Twitch and answer questions related to it. If you have similar queries, make sure to read the article all the way down.
Twitch: What is it?
Twitch is a live-streaming website that caters primarily to gamers. The extra features include but are not limited to music broadcasts, artistic content, and “in real life” streams. Aside from that, there are broadcasts of esports competitions. Twitch, however, is primarily focused on video games. Even though non-gamers may not understand the appeal of watching others play video games, Twitch is very popular, with 15 million daily users. Users can watch others play games, chat with other viewers, or broadcast their gameplay live to the entire world. There are many different games that are streamed, but the most viewed are Fortnite, Teamfight Tactics, League of Legends, and Grand Theft Auto V. A subsidiary of Amazon manages it. Twitch users who host streams frequently do so to support and solicit donations for charitable causes.
What are Bits?
Twitch introduced a new function called “Cheering” in June 2016. This unique type of emoticon can be bought as a microtransaction using the on-site currency “Bits.” Amazon Payments is used to purchase bits, and cheers are treated as channel donations. Users can also receive badges within a channel depending on how much they have applauded. They are virtual goods you can buy and use to cheer. They can be converted into money, hence making Twitch a good occupation for gamers. Cheering with Bits shows support for streamers and celebrates the moments you love with the community, all right in chat.
Bits Conversion: How much is 10,000 Bits?
How much can you actually make from Twitch, then? A bit is equivalent to one cent. After Twitch deducts its cut, which is 40 cents, you will have earned $1.00, or about 80 Indian rupees, if you receive 100 bits. The Twitch user, therefore, receives $1.00 worth of value in bits. Accordingly, 1000 bits cost $10 or Rs. 800, which a user can send to a streamer they like, but in order to purchase 1000 bits, a user must first pay Twitch. It’s essential to keep in mind that you can only purchase up to 250000 bits at a time.
Financially speaking, the streamer gets a little bit more value from Twitch Bits than from the fees they pay in the form of direct donations. But many people are happy to pay the fees in order to receive their Twitch payments immediately.
If you want to cheer for your favorite streamer and support them, tune in when they are life and type in ‘cheer’ in the chat box, followed by the amount you want to cheer. For instance, you can type “cheer1000” to send a streamer 1000 bits as a donation.
So looking at it, 10,000 bits equals $100.00 on Twitch, which is quite a good deal.
By cheering for your favorite artist, you are actually helping them financially. Keep supporting them, and enjoy the stream.