The cryptocurrency market is booming like never before thanks to many factors including technology advancements and regulatory changes. The number of people participating in this new industry is growing rapidly too, with more than 1 million merchants accepting digital currencies as payment last year alone.
However, just because so many companies are now involved doesn’t mean that they can afford to pay their affiliates well. In fact, some of them don't even offer any form of compensation at all – which means your efforts will go unrewarded.
Luckily, we've found five great ways to make money from cryptocurrencies by joining one of the most popular affiliate programs around - CoinRule's Bitcoin & Cryptocurrency Affiliate Program (BCAP). Here's everything you need to know about how it works.
Binance offers several different ways to earn commissions through its platform. You'll be able to choose between earning points or cashback when buying cryptocurrencies using credit cards or bank transfers, as well as selling your own coins directly from within the app.
You can also sign up to promote other services such as cloud mining contracts while earning referral fees whenever someone signs up to use these products via your links.
In order to join Binance’s affiliate network, you must first create a free account on the website. Once registered, you’ll then receive an email inviting you to complete three steps to set up your profile. These include entering your personal details, linking your social accounts, and uploading a photo.
Once completed, you’re ready to start promoting Binance. It may take a few minutes until your account appears on the site but once it does, you’ll see a button labeled “Start Promoting”. Clicking this will redirect you to a page where you can select exactly which promotions you want to promote.
If you're not sure what kind of promotion would suit you best, here are two examples provided by the platform:
- "I sell" - When clicked, users who visit your promoted websites and buy a product from your listing will automatically generate revenue based on a percentage of the total sales price paid by the buyer.
- "Referral" - When clicked, visitors who click the green 'Earn Referrals' button located underneath your banner will earn you commission if they purchase anything after visiting your website.
When browsing the list of available options, you should find something that appeals to you. For example, if you wanted to promote a cloud mining contract, you could add a section called ‘Crypto Mining Contracts’ under the ‘Products’ tab. Then simply enter the name of the service provider into the relevant field and click save.
It might seem obvious, but remember to always check that the terms and conditions of each campaign state whether or not you’ll receive payments for referrals. If not, you won’t qualify for commissions.
After selecting your preferred option and clicking continue, you’ll notice a table populated with statistics relating to your chosen promotion. At this point, you can change the text displayed next to the promotional title, change the image associated with the ad, edit the URL, and pick whether to allow visitors to share your content on Facebook or Twitter.
Finally, you’ll need to provide a unique tracking code to enable Binance to track clicks. To do this, copy the code below and paste it into your browser window when viewing the source code of the webpage hosted by Binance.
Alternatively, you can download a PDF version of the document containing the tracking codes by clicking the blue Download icon.
Then head back over to the Binance homepage and scroll down to view your newly created campaigns. Next time anyone visits your link, you’ll receive a notification telling you how much profit you earned.
Note: If you haven't yet linked your Binance account to your Google Analytics account, you should do this right away. Otherwise, you won't be able to monitor the performance of your ads.
Coinbase is another major player in the world of cryptocurrency exchanges. While it focuses primarily on US customers, UK residents can still open accounts with Coinbase and exchange fiat currency for digital assets.
Like many other platforms, Coinbase operates its affiliate program in a similar way to Binance. Users can either refer others to the service or promote specific items on the platform themselves.
To register for Coinbase’s affiliate program, log onto the official website and follow the instructions to fill out a short application form. After submitting your contact information, you’ll be asked to upload a photograph of yourself along with proof confirming your identity. Next, you’ll need to verify your address by providing copies of either a utility bill or rental agreement. Finally, you’ll need to agree to abide by Coinbase’s Terms Of Service.
Once approved, you’ll receive an email stating that you’ve been accepted into the program. From this point onwards, you’ll be required to complete a series of mandatory tasks before being allowed access to the dashboard.
These include creating a Coinbase wallet, adding funds to the account, verifying your phone number, and agreeing to comply with all policies outlined by Coinbase. Once finished, you’ll be given a password enabling you to manage your account.
Remember to keep hold of your login credentials as you’ll need them in future to withdraw funds from your account. As part of your registration process, you’ll have agreed to give permission for Coinbase to store data related to transactions made using your account. However, you can revoke this consent anytime by logging into your account settings and changing your preferences.
At this stage, you’ll also need to decide what type of advertising you wish to carry out. There are four primary methods:
1) Directly referring clients to Coinbase wallets
2) Providing a link allowing users to instantly deposit funds into their accounts
3) Offering discounts for signing up to the premium plan
4) Selling your own coins
As mentioned earlier, you’ll be able to promote products across multiple categories depending on the method you’d prefer to focus on. Coinbase divides listings into categories according to their value and popularity. Categories include ‘Newest Coins’, ‘Most Popular Brands’, ‘Most Active Exchanges’, ‘Best Performing Assets’, and ‘Top Rated Products’.
Cryptocurrency can be confusing as heck in its infancy. The sheer amount of new coins that are being released on a daily basis makes it difficult to keep up with them all. If you want to get involved on your own terms without having to worry about learning everything yourself, then we have some exciting news for you.
There's already so many great resources online if you need help understanding how cryptocurrencies work or even just getting started investing in one. However, while most cryptocurrency websites will offer information on their site, they often lack the ability to provide valuable advice like "how does this new digital currency compare to Bitcoin?"
This could potentially mean more people not taking advantage of these opportunities because they don't know where to turn for credible advice. Luckily, there are now a number of companies who specialize in providing quality content around cryptocurrencies by offering crypto affiliate programs instead. These organizations allow investors to earn money from promoting other businesses through advertising links placed within their articles and newsletters.
The easiest way to understand how this works is to think of it like traditional ads. But instead of paying to display an ad, you're allowed to place a link to another website within yours in exchange for compensation. In essence, you're earning money when someone clicks-through to visit your partner business' website. And since you don't actually have to deal with any of the technical aspects (like hosting), it allows you to focus entirely on writing high-quality content rather than worrying about the technology behind it.
In short, these types of crypto affiliate programs give you access to the latest industry trends and developments while also allowing you to build relationships with other entrepreneurs in order to gain exposure to new markets. You'll find a lot of these options listed below but before we dive into them, let's take a look at exactly what a 'crypto affiliate' is first.
If you've ever found yourself browsing Reddit looking for tips on which altcoins might perform well during certain times of year, chances are you've come across posts made by cryptocurrency enthusiasts seeking to promote products related to their favorite currencies. While many of these individuals may sell their own merchandise, others prefer to use third party platforms that pay commissions based on sales generated by visitors clicking through to external sites.
To learn more about such services, head over to CoinList, Cryptobackpacker, Bitrefill or CryptoCurry. Each of these platforms offers a different type of service and each requires users to sign up in order to begin using them. Once you register, you can start reviewing various projects and choose those you'd like to recommend to your audience. Some platforms only accept referrals coming directly from friends or family members. Others require you to create a professional profile and include a list of previous clients and/or testimonials.
Once you've chosen the ones you feel comfortable recommending, simply share relevant content on social media channels including Twitter, Facebook, Instagram, etc., and watch your traffic grow. It's important to note that some partners won't allow you to post links to other websites unless you obtain permission beforehand. So if you feel uncomfortable posting promotional material about competitors, steer clear of those networks until you reach a point where you feel confident doing so.
Now that we've explained the basics of becoming an affiliate, it's time to talk about the actual product itself. A crypto affiliate is essentially anyone whose job involves generating income off of a referral system built specifically for cryptocurrency merchants. They typically act as middlemen between customers and vendors, helping both parties connect and interact with one another.
While some crypto affiliate programs will require you to purchase a special membership in order to participate, others will allow you to join for free. When you opt to subscribe, you usually receive automatic payments every month depending on the size of your following. Some of these services also offer additional benefits like bonuses for referring multiple accounts or exclusive discounts.
CoinBase affiliate program
As previously mentioned, Coinbase provides one of the most popular ways to buy and trade bitcoin and ethereum in 2020. Their affiliate program pays commission to all active members who refer new account holders to the platform.
It's worth noting that although Coinbase doesn't offer an option to automatically deposit funds into your account once you complete registration, you can still set up recurring transfers via PayPal. Additionally, you should expect to see a higher level of customer support compared to other similar platforms due to their popularity.
CoinRule affiliate program
Another big name in the world of cryptocurrency, CoinRule operates under the same principles as Coinbase. Users can either download the mobile app or log onto their website in order to browse listings featuring hundreds of thousands of available digital assets.
They offer a wide variety of payment methods including credit cards, bank transfer, and PayPal and charge anywhere from 6% - 20%. Withdrawals vary depending on whether you decide to utilize direct deposits or send payments manually.
Binance affiliate program
One of the oldest names in the game when it comes to crypto trading, Binance offers a few unique features that make it stand apart from other exchanges. First, you can easily convert fiat currency into BTC through its partnership with OKEx. Second, you can withdraw cash instantly after making a transaction. Third, you can track real-time market data right inside the app. Lastly, you'll notice that the fees associated with withdrawals aren't too bad considering that you're dealing with a major player like Binance.
You must subscribe to the Binance affiliate program in order to earn revenue. After signing up, you'll receive a welcome email detailing your specific role within the organization along with instructions on how to begin receiving commissions.
Since Coinbase is considered one of the biggest players in the industry today, you probably wouldn't be surprised to hear that they employ a robust affiliate program. All you have to do in order to qualify is open a new account and follow a few simple steps.
1) Sign Up For An Account
2) Create Your Profile
3) Add Links To Other Websites
4) Start Earning Money
5) Keep Track Of Referrals & Earn More Income
6) Connect Social Media Accounts
7) Share Content On Blogs Or Forums
8) Use Promotional Materials Like Coupons, Discount Codes, Etc.
9) Stay Updated On Industry News
10) Don't Forget About SEO
11) Get Paid Every Month
12) Become A Leader In Your Field
13) Build Relationships With Existing Customers
14) Be Yourself
15) Never Give Up
16) Remember That Nothing Is Impossible
17) Have Fun!
18) Make Sure Not To Let Negativity Ruin Your Day
19) Always Do What Works Best For You
20) Follow Through With Continuous Effort
21) Take Advantage Of Opportunities Whenever Possible
22) Learn From Mistakes
23) Treat Everyone As Equally Important
24) Remain Positive Even During Difficult Times
25) Focus On One Thing At A Time
26) Know Who You Are Working Towards
27) Accept Feedback From Those Around You
28) Try New Things Regularly
29) Set Goals Within Reach
30) Enjoy Life
31) Love Yourself
32) Understand Why You Want Something
33) Work Hard Enough To Achieve Anything
34) Believe In Yourself
35) Trust No One Except Yourself
36) Choose Wisely
37) Always Improve Upon What You Already Know
38) Respect Authority
39) Avoid Fads
40) Think Before Speaking
41) Be Patient
42) Practice Self Control
43) Develop Good Habits
44) Focus On Today Instead Of Yesterday
45) Find Ways To Help People
46) Never Stop Learning
47) Never Quit Doing Whatever Makes You Happy
48) Live By Example
49) Find Inspiration Everywhere
50) Look Forward To Tomorrow
51) Surround Yourself With Supportive Friends
52) Laugh Often & Smile Much
53) Be Grateful Everyday
54) Appreciate Everything
55) Be Kind
56) Keep Growing
57) Never Lose Hope
58) Focus On The Future
59) Be Confident
60) Embrace Change
61) Have Faith In God
62) Love Nature
63) Read Books
64) Play Music
65) Travel Abroad
66) Cook Healthy Food
67) Drink Water
68) Exercise Frequently
69) Eat Healthily
70) Spend Quality Time With Family Members
71) Invest In Yourself
72) Volunteer Wherever You Can
73) Seek Knowledge Wherever You May Go
74) Stay Away From Drugs, Alcohol And Tobacco
75) Never Cheat Someone Else
76) Honor Your Parents
77) Value Education Above All
78) Love Your Neighbors
79) Show Gratitude
80) Pray Daily
81) Treat People Well
82) Take Care Of Yourself
83) Be Generous
84) Be True To Yourself
85) Be Honest
86) Listen To Advice Given By Experts
87) Never Lie
88) Do Your Homework Properly
89) Don’t Talk Too Loud
Bitcoin can be difficult to understand at first glance – it’s a cryptocurrency with no central authority or bank backing it up. It was designed by Satoshi Nakamoto in 2008 and since then its popularity continues to grow.
The concept behind Bitcoin is that anyone can make transactions without needing middlemen like banks or credit cards. The network itself also helps keep transaction costs down because when someone makes a payment, they don't need to pay fees on top of this. This means people who use Bitcoin often refer to these payments as ‘micro-transactions’.
There are now thousands of cryptocurrencies available across many different blockchains (meaning networks) including Ethereum, Cardano, Litecoin, Ripple, IOTA, Dash, EOS, Stellar, Monero, Zcash, NEM, NEO, VeChain, Neo, Qtum, OmiseGo, Waves, Lisk, Stratis, Byteball, Komodo, Aelf, Ark, Binance Coin, MaidSafeCoin, Decred, Dogecoin, DigiByte, Golem, Steem, Tether, 0x Protocol, Nano, Tron, Waltonchain, and more. Some of them even allow users to create their own digital currencies through forks and/or smart contracts.
As well as being used as currency, some blockchain projects offer tokens for people to invest in. These include:
Ethereum – Ether which is the fuel for running decentralized apps (Dapps).
Ripple - XRP which powers xRapid, one of the most popular cross border remittance services globally today.
Binance Token - BNB which is one of the largest exchanges in the world and offers investors access to other coins too.
Cardano - ADA which is used to power DApps built on the Cardano Blockchain.
NEO - GAS which fuels the development of Smart Economy Projects using the NEO blockchain.
Litecoin - LTC which powers CryptoKitties, a game where players collect virtual cats based on real life ones from the 1920's onwards.
In order to get involved in any of these various markets, you will need to find the right affiliates to promote your products.
Cryptocurrency trading isn’t something new though, so why does it seem such a headache? There are several reasons for this, but we'll go over just two here:
1. It’s not regulated. If it wasn’t regulated, traders wouldn’t really know how much money they were risking. As well as this, if there was no regulation, the market would be flooded with fake accounts and scams, meaning it could become very risky indeed. So, there needs to be rules and regulations surrounding investing in cryptocurrency.
2. Regulations mean higher fees. In order to comply with the laws and regulations set out above, companies must charge high commissions. This costs them and therefore consumers. Because of this, it’s important to find the best crypto affiliate programs to help lower the cost for both parties.
If you're looking to start earning extra income online, chances are you've heard about crypto affiliate programs before. They're websites or platforms that connect businesses to customers interested in purchasing goods and services associated with certain digital assets. When you sign up as an affiliate via a crypto affiliate program, you agree to promote specific brands that sell related merchandise or services. You might receive commission every time someone purchases an item after clicking through your link.
However, how exactly should you approach starting an affiliate program? What steps are required? Is it possible to fail miserably? Our team of researchers has done all of the hard work for you! We have looked into hundreds of sites offering crypto affiliate programs and found the following information below.
Yes, although it doesn't offer direct sales of bitcoin. Instead, it provides a marketplace for merchants to accept bitcoin payments. To date, it remains the only major cryptocurrency with an approved affiliate platform.
Bitcoin affiliate programs provide links for customers to click on to buy items directly from merchants. Merchants typically list the product(s) they want sold along with a price or percentage commission rate. Customers are directed to those web pages when they purchase items via the merchant website's payment processor.
When a customer clicks through the link provided by the affiliate, he/she will be redirected to the merchant page where his/her purchase is processed. Depending on the type of product purchased, the affiliate may either receive a fixed amount of commission per sale or a percentage depending on the total value of the transaction.
One thing you will notice is that the vast majority of crypto affiliate programs require you to join a waitlist before you can actually begin promoting the business' products. While it may sound annoying, this step allows the site to see whether you're trustworthy enough to recommend their brand or service to others. It also gives you an opportunity to read reviews written by previous members of the waitlist.
It's worth noting that due to the nature of cryptocurrency, the prices fluctuate quite frequently. Therefore, it can take some time for the price of an item to stabilize and this is likely to affect the payout received by your account balance. However, once the price of an item stabilizes, the commission paid will usually reflect this change automatically.
We believe the best place to start is Coinbase Affiliate Program. Not only is it among the oldest, but it is also highly reputable and trusted amongst cryptocurrency enthusiasts.
Coinbase charges 2% + $0.25 (plus VAT where applicable) fee per successful transaction made on the site. For example, let's say you signed up for a free trial period and successfully referred 10 friends to the platform. Then each person made 1 purchase totaling 100 USD. Your commission would be calculated as follows:
Total Commission = Total Transaction Value * Commission Rate
= $100 x 2% + $5 = $15
You can apply to join the program simply by signing up for a free trial account and adding funds to your account. After this, you'll be able to invite your friends and family to try out the platform. Once they complete an initial purchase, you will receive 50$ bonus cashback into your account. From there, you can refer additional friends and family to Coinbase until you reach the maximum referral level of 20000$. At this point, you will unlock the ability to add custom branded domains to your account.
To learn more about Coinbase Affiliate Program, visit this webpage.
You can choose between three options when it comes to how you earn bitcoins as an affiliate:
Option 1 - Pay Per Click Advertising (PPC): With PPC advertising, you will be charged a monthly fee for placing ads on relevant search engines. One downside of this is that Google AdWords can be costly and requires technical knowledge. Also, you won't be able to advertise on social media unless you have an ad server setup.
Option 2 - Referral Marketing / Affiliates: Here, you will gain referrals from existing clients. The advantage of this method is that you are essentially paying yourself back for referring potential customers.
Option 3 - Cryptoswap: This option lets you swap your BTC or ETH for another altcoin. As soon as you convert your BTC or ETH to another currency, you will instantly receive a portion of that new currency.
Overall, we think the easiest way to start making money off of crypto affiliate programs is to opt for Option 1.
A lot of crypto affiliate programs reward affiliates using a combination of methods. Most commonly, they will give you a small percent of your overall earnings when you generate leads. But sometimes you will be rewarded with a flat amount regardless of how much revenue you bring in.
Just follow our battle-tested guidelines and rake in the profits.