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?
To understand how OnlyFans makes money, we first need to look at some key statistics about the economics of the platform:
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.
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:
No matter how you earn money on OnlyFans, the site takes a 20% cut. This is how OnlyFans makes its billions in revenue.
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:
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.
We’ve established that OnlyFans takes a 20% commission from creator earnings. This applies no matter how much you earn on the platform.
While 20% may seem like a high fee, it’s quite standard compared to other creator platforms:
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.
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:
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.
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.
No, creators can sign up and use OnlyFans for free. The only fees are the 20% commission OnlyFans takes from creator earnings.
No, OnlyFans does not charge creators upfront fees to use the platform. The only fee is the 20% commission on creator earnings.
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