Cryptocurrencies and blockchains have been around since 2009, but they were not household terminology until the 2017 Bitcoin price surge. Bitcoin topped $68,000 in November 2021, making it a household name.
It’s natural to be concerned about losing out, particularly now that cryptocurrency has started to gain traction on social media and search engines, with various success stories. However, many individuals are unaware that there are other ways to profit from cryptocurrency other than outright purchasing it. One such method is becoming a cryptocurrency affiliate.
If you’re worried about missing out, consider joining a cryptocurrency affiliate program and promoting products and services related to the industry. We’ve made a list of some of the more popular crypto affiliate programs today, making it easier for you to get started.
If you’re new to cryptocurrency, you should first learn about what it is and how it relates to affiliate marketing. A cryptocurrency is a form of digital asset that can be bought or sold in exchange for cash. Bitcoin and Ethereum are probably familiar terms to you. They are well-known cryptocurrencies, also known as tokens. Since the creation of the first crypto token in 2009, cryptocurrency has grown in popularity. However, many individuals are still unaware of what it is or how it works. This is where cryptocurrency affiliate schemes come into play.
Companies that wish to promote their goods frequently develop affiliate programs. The affiliate programs are designed to attract those who wish to assist in marketing the company’s goods. In exchange, the firm pays the affiliate a flat fee or a percentage for each client they bring in. This is the purest form of attraction marketing.
The company’s purpose in crypto is to generate interest in or attract clients to its crypto goods. The affiliate may be paid in fiat currency, such as dollars, or earn a cryptocurrency commission.
Since affiliate programs are based on interest, they are quite successful. The affiliate begins the process by creating material related to the product they wish to promote. The material may be a product review on a blog or a video with useful information.
The information will appeal to those who wish to learn about themes relevant to the product. As a result, they may be persuaded to check out the product after seeing the affiliate’s material.
Links are often supplied to affiliates. This link will be included in the affiliate’s material, and visitors will be encouraged to click it. When you click the link, it will take you to the product’s location. In addition, the affiliate receives a commission if you make a purchase. So it comes down to how effectively you can draw consumers to your content and persuade them to make a purchase.
Affiliates can utilize various avenues to advertise their links, including word of mouth, blog posts, social media, YouTube, personal websites, or podcasts. In most cases, the affiliate must disclose that they are an affiliate with a particular company.
Before signing up for a cryptocurrency affiliate program, consider the following questions:
To abide by federal laws, it is best to determine where your broker is located and what regulations they follow. For instance, in the U.S., the Securities Exchange Commission regulates brokerages by governing transactions in the securities market.
If your website visitors or followers are predominantly from one country, ensure that the broker serves consumers from that area.
Binance is one of the world’s most popular cryptocurrency exchanges, having achieved this position just a few months after its debut. The exchange gives traders access to major worldwide cryptocurrencies and offers, such as reduced-cost transactions.
Binance also has its own cryptocurrency, which can be used to get a 50% discount on exchange costs. While this price is open to all users, referral and affiliate programs are only offered to those with more than 5,000 followers or subscribers.
Commission: 20%, or 40% if the affiliate holds 500 BNB in the Binance wallet
Payout Frequency: Real-time
Payouts: Made to your Binance Account
Coinbase is a popular brokerage, allowing users to buy crypto through them. Additionally, they offer a crypto wallet. One of its most significant advantages is that it is geared towards U.S. and European investors, allowing you access to one of the largest crypto marketplaces.
Affiliates gain commission through Coinbase by referring users. There is no limit on the number of referrals, and affiliates can earn commission from all referrals who buy crypto through the brokerage. However, this commission is only available for the first three months.
Commission: 50% of transaction fees of users
Payout Frequency: Daily
Payouts: Accumulated in your affiliate dashboard
Changelly is a non-custodial instant cryptocurrency exchange, meaning no money from users is placed in the service. Instead, Changelly works as a middleman between crypto exchanges and consumers, providing access to over 150 cryptocurrencies.
The company’s objective is to make the exchange procedure simple for everyone interested in investing in cryptocurrencies.
If you already have an account with Changelly, you may become an affiliate partner by logging in to your account or creating a new account with an email. The program is implemented in two ways: as a Changelly widget and as an exchange button with a referral link.
Commission: 50% of transaction fees for all referred users
Payment Frequency: Not specified
Payouts: In Bitcoin
LocalBitcoins is the biggest peer-to-peer service that enables Bitcoin buyers and sellers across the globe to conduct online transactions. The platform also provides a trustee function, which is intended to verify the fairness of all user transactions.
Entering the LocalBitcoins.com affiliate network allows you to propagate the Bitcoin revolution while also making money. By recommending other people to LocalBitcoins.com, you may earn bitcoins. You must first register or log in to your LocalBitcoins account to activate the affiliate program.
Keep in mind that the commission lasts for 12 months, starting the day your referral is active on the platform.
Commission: 20% on all trading fees the referral makes
Payment Frequency: Daily
Payout: In Bitcoin
Trezor sells hardware wallets that allow users to manage and exchange their cryptocurrency.
If you have a YouTube channel or a blog about cryptocurrencies, digital security, finances, investing, or technologies and want to create interesting content while earning money, join the Trezor affiliate program. You can use your platform to promote the hardware wallet and earn money while spreading security knowledge.
Commission: 12% to 15% from each sale
Payment Frequency: Monthly
Payout: In Bitcoin or bank transfer
ANSSI, the French cybersecurity organization, has approved Ledger as the first and only certified hardware wallet on the market. The hardware wallet includes a certified chip that is meant to resist sophisticated assaults and can securely contain cryptographic data, such as private keys.
Ledger’s affiliate program is one of the top cryptocurrency affiliate networks, with over 18,000 registered affiliates. The ledger affiliate program is designed for bloggers, YouTubers, crypto firms, or anybody with a network and a voice in the crypto field who wants to educate others about the significance of security.
Commission: 10% of each sale
Payment Frequency: Monthly
Payout: Bitcoin or bank transfer
Billfodl is also a hardware add-on for your bitcoin wallet that offers an extra degree of protection. It is designed to resist fire and water.
You can ensure that your private key or bitcoin wallet seed will survive any calamity by keeping them on a nearly unbreakable piece of 316 stainless steel. Billfodl offers a commission on every wallet sale and other cryptocurrency-related products and accessories.
Commission: 18.75% of each sale
Payment Frequency: not specified
Payout: In fiat currency (Paypal)
Doing your taxes is a hassle as it is, and the added complications of crypto trading can make it even worse. However, CryptoTrader.Tax is a tax software that allows users to upload their documents and automatically calculate how much they owe.
CryptoTrader. The tax follows all guidelines set by the IRS regarding crypto investing. Additionally, the tax reports generated by CryptoTrader.Tax can be sent to TurboTax or a professional.
Commission per sale: 25% recurring on all referrals
Payment Frequency: Monthly
eToro is an upscale social trading platform. Commodities, currencies, ETFs, stocks, and even cryptocurrencies are available for purchase. All deals are conducted in real-time using an easy-to-use trading desk interface.
The eToro program pays a basic revenue share of 25% for referred traders. Alternatively, people who introduce brokers to the scheme get a 25% revenue share.
The eToro Partners affiliate program is loaded with features, including multiple routes for earning referrals through banners, text links, and deep linking to eToro profiles.
Commission: $100 to $250 per trader (depends on referral country). You can also earn through the Cost Per Action program.
Payment Frequency: Anytime (If you’re a trader), otherwise within 15 days from the end of the month
Payout: Not specified
Affiliate program cryptocurrency marketing can be rewarding. You’re probably eager to get started now that you’ve learned the initial phases of crypto affiliate networks. The first step is to choose a solid affiliate program.
To guarantee you’re making the greatest decision, choose a merchant with a reasonable pay structure and a track record of reliability. Examine the program to check that the terms are acceptable, and then find out what you need to do to register.