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- 1 Cryptocurrency affiliate programs give the best opportunities to marketers to make programs.
- 2 Introduced by the biggest crypto entities, these programs are reliable and easy to join.
Cryptocurrency has paved many new ways of earning. While most people are aware of trading, other activities generate impressive passive income. Among them, one lesser-known but effective method is an affiliate program. Most people have heard of affiliate marketing as one of the digital marketing methods. But few people know that this concept can play a significant role in raising crypto investors’ income.
So, before knowing about the top ones, let’s first learn about crypto affiliate programs.
Crypto Affiliate Program: In a Nutshell
For the uninitiated, in affiliate marketing, people promote crypto-related services and earn commissions. This particular method has been quite fruitful for several products from different niches including crypto. The basis remains the same even in the crypto space. The participants have to promote a certain project and they get paid for it.
Both parties i.e. the owner of the project and marketers benefit from this program. New and growing businesses promote their ideas with new and creative campaigns. On the other hand, affiliate marketers earn a handsome commission for their efforts. The rates of commission aren’t fixed but they can go significantly high.
Some people think that affiliates need to buy the products themselves too. That’s not true as the marketers are not part of the operations. They just need to market the project with sincerity and deliver results. When the company sees results, it rewards the marketer more than enough for their contribution.
Moreover, marketers can join these programs very easily. They simply need to apply for these programs while giving some proof of their work history. It could be their website or a portfolio. If the project agrees to give them a chance, it sends them the approval via email usually.
The mail contains a unique referral link to join the campaign. Typically, affiliate programs don’t have any guidelines on how to attract people. Marketers can use any method they prefer and easily access. They can message friends, share social media posts, make videos, and publish articles.
Now, let’s go through some popular affiliate programs in the crypto space.
Most Popular Affiliate Programs
These programs have offered impressive commission rates and provided the best opportunities.
Binance
Being the largest crypto exchange, Binance certainly makes noise with its affiliate program. Participants can earn up to 20% commission with opportunities to raise the rate. That’s right, the participants can 500 BNB on the Binance wallet and get 40% instead. They can refer the program to others and receive 5% to 20% as commissions.
Coinbase
Under the Coinbase affiliate program, users get a percentage of their referrals’ trading fees. The good thing is, there’s no limit to the number of people one can refer. Thus, the participants can make as much as they can. In addition, the exchange has a dedicated affiliate program manager called Impact. It ensures fair distribution of rewards with flawless management too.
Coinmama
Coinmama’s affiliate program takes the rewards to another level by making it perpetual. It offers 15% off all referral purchases for a lifetime. Also, it deploys an affiliate tracking software to track the performance of all the participants. The program makes payments only in fiat.
Changelly
Changelly makes its affiliate program more inclusive. The participants can either share the referral link anywhere or add their widgets to the website. When new users join the platform using these ways, the participants get 50% of the transaction fee. They can also trade the tokens received under this program.
CEX.io
CEX’s affiliate program offers a 30% commission on all trades made by customers referred. The payment takes place within 30 days. The users can withdraw it using a Skrill wallet, debit/credit card, or wire transfer. CEX also provides a dedicated affiliate manager with access to all marketing assets.
LocalBitcoins
On this platform, affiliates get 20% off on all trading fees. It counts every trade made by the referral. Furthermore, participants can get 40% by introducing both buyers and sellers. They get payments on an annual basis in Bitcoins.
Trezor
Trezor’s affiliate program allows participants to earn about 12% to 15% commissions. The payments are made either through Bitcoin or bank transfer. The participants can go to the Trezor website for any query or discrepancy.
Upshot
Crypto affiliate programs make this domain more monetarily attractive to everyone. Reducing the exposure to trade, they emerge as a less-risky way to make money. Furthermore, they are rolled out by the most credible entities in the crypto domain. Therefore, there’s no possibility of fraud or irregularities in these programs. They enable every individual to benefit from the growing crypto sphere.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
