Donations are an excellent way to increase revenue made from your live stream! They can even be set up before you are a Twitch affiliate, allowing you to monetize your stream regardless of how long you have been streaming for! In this article, we will be going over how to set up your own donation link for your live streams!
To set up donations on Twitch, YouTube, or Facebook, you will need a product like Streamlabs. This post will cover how you can take another step toward monetizing your account.
How to Set Up Donations Through Streamlabs
To set up donations through Streamlabs, you will need to complete the following steps:
Log in to your dashboard on Streamlabs.com
Go down and click on ‘Settings’ under ‘Account’
Click on ‘Donation Settings’ and ‘Methods’
Choose your preferred payment methods, and go through the necessary requirements to connect your account
Once connected, your donation page should be available to access! You can customize the page but it isn’t necessary!
Requirements to Set Up Streamlabs Donations
There are, however, a couple of requirements that must be met before you can set up your own donation link. To own a PayPal account (which is the most common payment method) you must be 18 years of age.
If you choose to allow donations by credit card, you will have to enter lots of personal information such as full name, birthday, address, and even your SSN if you are in the US. You must also supply a picture of your ID, which must be a government-issued identification. You must also have a bank account in order to set up credit card donations.
When Can Streamlabs Donations Be Withdrawn?
You will be able to see your pending and current balance by visiting the ‘Donation Settings.’ The available balance is the amount of money that you are able to withdraw. The pending balance is money that is being processed. It will usually take 2-3 business days before it is added to your balance.
Money can be withdrawn as frequently as you like, so long as there is an available balance to withdraw from. Each withdrawal usually takes 3-7 business days before the money will appear in your account.
Donations through PayPal will typically be sent straight to your PayPal account.
Hopefully, with this information, you are able to set up yourvery own donation link and start monetizing your live streams! If you arehaving any problems or have other queries, I would suggest submitting a ticketto the Streamlabs team.