As part of its new “Contributor Program,” Reddit allows users to spin Reddit gold for real money. In addition, Reddit shared details about the new Reddit Gold system that will allow users to show extra appreciation for posts.
Now when you give an upvote, you can long press or hover over it to buy gold. Reddit offers different amounts of gold from $1.99 for one to $49 for 25. The poster gets a “golden upvote” next to their post.
This is important because gold can help you earn money through Reddit’s new program. If eligible, you can get paid based on the gold and upvotes you receive each month. Contributors get 90 cents per gold or $1 if a “top contributor.” To cash out you need minimum gold and upvotes within a year.
The good posts that Reddit’s payment program supports are ones without inappropriate content. Reddit wants to reward quality submissions people search for help with.
Some worry this could change Reddit’s culture. Currently, most share just to help others without payment. Money could motivate unnecessary posts just to earn cash. Also, scammers may try cheating the system. But Reddit says it will monitor for abuse using activity reports and checks on gold purchases.
Reddit’s new rules start rolling out now, so contributors can soon get paid for their valuable Reddit contributions. This update rewards the sharing of helpful information and positive discussions across communities.
