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What is Reddit Gold? Anyone on Reddit can reward posts or comments from other users with a visible gold, silver, or platinum commendation. These awards cost coins, which are paid virtual goods you can buy directly on the site.
What is Reddit Gold, and how does Reddit Gold Work? It's essentially a premium membership to Reddit, and it unlocks a bunch of special features.
Gold is what you use to give virtual goods on Reddit, starting with awards. To give awards, you’ll need a certain amount of gold listed below each award. You can purchase gold packs of different amounts within the Reddit app and website to add to your gold balance.
Reddit is introducing a new gold system and a “Contributor Program” that lets users take gold earned on their posts and turn it into real money.
Reddit is going to sunset its current coins and awards systems, meaning you won’t be able to buy Reddit Gold for posts you like. However, it is working on a new system for awards.
Gold will begin rolling out today and initially be available on eligible content on Reddit native mobile apps, in select communities, and will expand to additional communities in the coming weeks. Rollout for gold will be available on web later this year.
To put it simply, Reddit Gold, now known as “Reddit Premium“, is one of the many ways Reddit makes money. It is a membership plan that allows users to experience premium features such as exclusive access to The Members-Only lounge, removes all ads, and earn 700 Reddit Coins every month.