Reddit will soon reward you with real money for writing good posts on the platform

Love using Reddit? Now earn money writing good posts on the app,

Reddit will soon reward you with real money for writing good posts on the platform
Love using Reddit? Now earn money writing good posts. Image: Reuters

Reddit has announced a Contributor Program via a microsite. It claims that qualified users can now exchange their Reddit gold and karma for real-world currency, with payouts occurring monthly, all without involving cryptocurrencies.

“Now, redditors can earn real money for their contributions to the Reddit community, based on the karma and gold they’ve been given,” it said.

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Reddit will pay money for writing good posts, but what’s the catch?

As of now, the Reddit contributor program is initially accessible to users in the United States, limited to individuals aged 18 and above who can undergo identity verification through Persona and Stripe. Furthermore, accounts must have been active for a minimum of 30 days, and only posts conforming to safe-for-work standards are eligible for monetization.

If you connect the dots, it’s similar to X’s monetization which awards you real money in exchange for posts. However, it has also invited sensationalized and engagement bait content over the platform. For one simple mission, quick money.

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How Reddit users can earn real money?

In short, write good posts and avoid NSFW content.

Redditors or Reddit users can earn money based on their karma (number of upvotes received) with a minimum requirement of 10 gold within 30 days for withdrawals; any unused balance carries over. Users with 100 to 4,999 karma can earn $0.90 per gold, while those with over 5,000 karma receive $1 per gold.

Reddit has simplified its gold system, allowing users to purchase gold directly by long-pressing the upvote icon or hovering over it. Prices range from $1.99 for one gold to $49.00 for 25 gold, with Reddit retaining roughly 50% of the payment. These changes are gradually rolling out on the app and will come to the web later this year.

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This article was first uploaded on September twenty-seven, twenty twenty-three, at forty-five minutes past three in the afternoon.
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