How much does onlyfans take from creators

OnlyFans has exploded in popularity over the last few years as a platform for creators to monetize exclusive, premium content. With over 50 million users and more than 1 million creators, OnlyFans has paid out over $2 billion to creators since launching in 2016. But how does the platform make money, and how much does OnlyFans actually take from the earnings of its creators?

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The Economics of OnlyFans

To understand how OnlyFans makes money, we first need to look at some key statistics about the economics of the platform:

• 33% of the total revenue on OnlyFans comes from just the top 1% of creators. This means there is a huge disparity between top earners and smaller creators.
• The average OnlyFans account earns just $180 per month. Most creators are not becoming rich from the platform.
• At its peak growth in 2020, OnlyFans gained 7,000 – 8,000 new creators daily. Competition is fierce, with over 1 million creators now on the site.
• There are over 50 million registered users on OnlyFans. While this seems high, most accounts have zero subscribers.

With over $2 billion paid out to creators, OnlyFans is generating immense revenue, likely in the billions per year. It has become an economic force in the world of adult content and “influencer” style marketing. However, the odds are stacked against smaller creators trying to make it big.

Does OnlyFans Cost Money for Creators?

The good news is that OnlyFans is free to join and create an account for creators. You can set up a profile and start posting content without any upfront costs.

However, OnlyFans takes a 20% commission from creator earnings. So while signup is free, you pay OnlyFans a fee on what you earn through the site. This commission applies to all creator earnings, including:

• Monthly subscriptions from fans
• Tips from fans
• Pay-per-view content sales
• Private Messaging

No matter how you earn money on OnlyFans, the site takes a 20% cut. This is how OnlyFans makes its billions in revenue.

How Does OnlyFans Payout Work?

When you create an OnlyFans account, you will connect a payment method such as a bank account, PayPal, or payment card to receive earnings.

However, there is a minimum $20 payout threshold on OnlyFans. This means your account balance must reach $20 before you can request a payout. If your balance is under $20, you will not be paid anything.

Here is how the OnlyFans payout process works:

1. Fans pay for subscriptions, content, tips, etc., on your OnlyFans page. This money goes into your “pending balance.”
2. On the 1st of each month, OnlyFans processes payouts. Your pending balance will be moved to your “current balance.”
3. If your current balance is above $20, you can now request a payout to your connected payment method.
4. OnlyFans initiates the payout. It takes 5-7 days to reach your payment method.
5. OnlyFans takes its 20% commission, and you receive the remaining 80% of your balance.

So, you must wait 7 days for your pending balance to process before requesting a payout. And you need at least $20 before you can get paid. It takes up to a week to receive the money.

You can also enable an “auto-payout” setting on OnlyFans. This will automatically request a payout to your payment method each month, provided your balance is above the $20 minimum.

How Much Does OnlyFans Take From Creators?

We’ve established that OnlyFans takes a 20% commission from creator earnings. This applies no matter how much you earn on the platform.

For example:

• If you earn $100, OnlyFans takes $20 and you receive $80.
• If you earn $1,000, OnlyFans takes $200 and you receive $800.
• If you earn $10,000, OnlyFans takes $2,000 and you receive $8,000.

While 20% may seem like a high fee, it’s quite standard compared to other creator platforms:

• YouTube takes 45% of ad revenue from creators
• Twitch takes 50% of subscription revenue
• Patreon takes 5-12% of earnings

The 20% OnlyFans fee also funds the cost of safely storing and distributing adult content at a large scale. Overall, it’s a reasonable price for creators to pay for access to 50 million potential paying subscribers.

OnlyFans also offers a referral program where you can earn 5% of the earnings of creators you refer. However, the referred creator will now lose 25% of their earnings between the standard 20% fee and your 5% referral bonus.

Realistic Earnings for OnlyFans Creators

While top OnlyFans creators earn multi-million dollar salaries, the reality for most is much more modest. The average OnlyFans account earns just $180 per month.

A more realistic earning goal for new creators is $500 – $1,000 per month. While requiring consistent effort and marketing, this is achievable within the first year. But earning even $25,000 per month places you in the top 0.1% of creators on the platform.

The keys to earning larger amounts on OnlyFans are:

• Having an existing large following that you can promote to
• Posting high-quality, consistent content multiple times per week
• Engaging with fans via messaging to keep them subscribed
• Promoting your OnlyFans account heavily on social media

But even following all best practices, a six-figure income is only realistic for the very top performers on OnlyFans. And from any big earnings, you must be prepared for OnlyFans to take its 20% commission.

Final Words

While signup is free and easy, making big money as an OnlyFans creator takes significant effort and marketing. Before quitting your day job, make sure you have realistic expectations about the likely income you can make.

But for those willing to hustle and self-promote, OnlyFans provides a platform to monetize content that is often banned elsewhere. Just be prepared to pay OnlyFans its 20% commission on what you earn. This fee is simply the cost of accessing a potential audience of over 50 million paying subscribers.