Making Money on Reddit: How To Earn $500 Just From Posting
Do you like collecting fake internet points on Reddit? Redditors can now earn money for their contributions based on karma and the gold they’ve received.
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How Does It Work?
To qualify for the Contributor Program, Redditors must:
Be at least 18 years or older
Live in one of the supported countries
Have a Reddit account in good standing
Your Reddit account has been active for a minimum of 30 days and is registered with a verified email address
Accept and comply with the Contributor Terms and Contributor Monetization Policy
You connect a verified Stripe account
Your account isn’t associated with an advertiser account that was suspended for violating the Ads Policy
You successfully complete the verification process for onboarding
Earn 100 new karma over 12 months and 10 gold
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Earn Based on ‘Karma’ Points
If you qualify, you’ll receive a payout once minimum gold and karma thresholds are met, according to Reddit. Redditors typically give gold to posts and comments they see as good content. Top contributors earn the most; the more karma and gold earned, the more money you receive.
How much you earn depends on two tiers: Contributor and Top Contributor. A Contributor earns 100-4,999 karma in a 12-month period, while a Top Contributor earns 5,000 or more karma within a 12-month period. The payout rate for Contributors is 90 cents per one gold and $1 per one gold for Top Contributors. Redditors need a minimum of 10 gold to qualify for a payout and payouts are also subject to provider fees ($2.25 plus a 0.25% fee) for each transaction.
Once you qualify for the Contributor Program, you’ll see a clickable “Get Verified to Start Earning” button on the Contributor Program marketing page.
Restrictions For the Program
Not all contributions qualify for the program. Contributions must not be:
Made in quarantine communities
In Not Safe for Work (NSFW) communities
Sexual or suggestive content
Violent content
Restricted content (drugs, gambling or firearms)
Encouraging illegal or harmful practices or behavior
Other Redditors will also be able to tell if you participate in the Contributor Program. Depending on your tier, you’ll have a public status applied to your profile page and card. Don’t want to be in the program anymore? Submit a request to be removed through the program support form.
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This article originally appeared on GOBankingRates.com: Making Money on Reddit: How To Earn $500 Just From Posting
