Reddit, one of the world’s largest forum sites, announced that it has switched to a new system that will allow users to earn real money. Within the scope of the system called “Contributor Program”, Reddit users will be able to convert the “gold” they obtain on the platform into real money. Yes; The gold feature, which has been on Reddit for a long time, will now be included in an earnings program.
Users will receive gold for making and earning money on Reddit. In the section located right below a post, either 1 gold or 25 gold can be purchased. Fees start from $1.99 and will rise up to $49. When users start distributing these gold coins to other users, they will have the opportunity to earn money. The Reddit user who accumulates more gold will earn more.
This is what the gold buying section of Reddit will look like:
Reddit will not pay its users for every category. In this context; Gold earned in categories such as sexuality, violence or alcohol use cannot be converted into real money. The posts made by the Reddit user on his/her profile will not be included in the earning system. The only option for the user who wants to make money on Reddit will be to comment on the topics opened on Reddit.
A user with a standard “Contributor” level will earn 90 cents per gold coin. A user who does not collect at least 10 gold coins will not be able to receive payment from Reddit. A user whose contributor level is “top contributor” will earn $1 per gold coin.
Users who want to make money from the new system, which will reach users as of Monday, October 2, will encounter some restrictions in the first stage. Reddit said that the new system will be tested for a while, so it can only be used for some titles in the first stage. Additionally, the earning system will only be available for users in the USA for now. The money-making program, which can only be participated by those over the age of 18, will also require identity verification.
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