Participating in promoting crypto affiliate programs is seen as one of the most lucrative fortes to join in this age. This industry is growing at a rapid speed and gaining a lot of momentum. If you are seriously considering making a living with online money, this is one of the best niches to tap into.
One of the more popular cryptocurrencies is Bitcoin. This cryptocurrency has been on the scene for more than a decade now, with people investing and mining Bitcoins in different forms. This is one of the reasons why these crypto affiliate programs are seeing a steady rise.
Today, there are many more cryptocurrencies available, and most companies involved in the cryptocurrency scene are offering some sort of crypto affiliate program that guides you in earning a significant amount online – and of course, simultaneously increasing the revenue of the company in question.
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Cryptocurrency Affiliate Programs Introduction
Joining a cryptocurrency affiliate program will help you make the best use of opportunities to make passive income for a lifetime. The process is quite simple. One of the most significant aspects of these affiliate programs is their referrals which is when you refer other people to the cryptocurrency exchange platforms online. You can earn money after referring the company to more people and potential customers.
These referral programs are win-win scenarios where the person you referred the company to will also get additional benefits when they join, such as discounts and bonuses. At the same time, as a referrer, you also earn a significant amount from your friend’s transactions. Not only this, but the company is also making more profits by bringing in new customers.
Every company with its own program in place has its referral programs with specifics such as the commission percentage and the offers and bonuses differing. Some companies offer only a one-time commission for every user you refer, whereas some offer lifetime commissions every time someone signs up under you. The latter is often a better and more profitable option as compared to the former as you’ll be able to earn from your referrals’ actions even if you stop promoting the offer or if your traffic dries up (let’s hope it doesn’t).
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Cryptocurrency Referral/Affiliate Programs Full List
After having thoroughly gone through the cryptocurrency affiliate programs in question, tested, promoted, and earned from the programs for months or even years, and now having written lengthy in-depth reviews, we have come up with a list of some of the best crypto affiliate programs that actually work and that you can consider joining for a bright future in cryptocurrency.
| Affiliate Program | Commission Rate | Commission Duration |
|---|---|---|
| Binance | 20-40% | Lifetime |
| PrimeXBT | 20-50% | Lifetime |
| BitMEX | 10-20% | Lifetime |
| Poloniex | 20% | 180 Days |
| Coinbase | $10 | 180 Days |
As you can maybe tell from the list above, promoting cryptocurrency exchanges can be incredibly profitable, as there’s no cap on the commission that you can generate for yourself. Consider this, you can promote Ledger, a VPN or a third thing where the CPA is capped and where the user (in most instances), will only make a one-time purchase. For exchanges, sure some users will only trade once or never trade at all, but if/when you get that whale, it’s all worth it, and it then far exceeds the potential of other regular Bitcoin affiliate programs.
Binance Affiliate Program
Owned by Changpen Zhao, Binance is one of the most popular cryptocurrency exchange platforms because of its low cost in fees for trading. It operates all around the world, and you can even access the platform in multiple languages. They also have a mobile application for Android and iOS and a desktop application to make trading easier for users. Since the platform is world-renowned, it is easier to promote Binance through these affiliate programs.
The Binance Affiliate Program initially started with a commission of 50%. The user’s referrals paid this commission fee for every transaction or trade they made on the Binance cryptocurrency exchange program. As the platform became more popular and more users started coming in, they reduced the commission rate to 20% with the option of getting 40% if you as the referrer, are holding 500 or more BNB – which at the time of writing this would amount to around $200.000, making it an absurd amount to hold on the exchange for the average Joe, but nevertheless, it’s an option for some of you rich affiliates out there!
Even with the reduction from 50% to 20-40%, traders can still make a good amount of money according to the number of referrals you bring into the platform. Since there is no cap or limit to the number of referrals you can get, there is a greater chance for you to earn a lot of money by referring the company to other potential users.
| Binance Referral Program | Commission Rate | Commission Duration | Payout Frequency | Payout Currency |
|---|---|---|---|---|
| Binance | 20-40% | Lifetime | Real-Time | Multi |
BitMEX Affiliate Program
Among the best crypto referral programs is the BitMEX cryptocurrency affiliate program, which offers commission rates that range from 10% to 20% depending on the total turnover generated by your referrals.
The only condition is that your affiliates have a time limit of seven days after clicking on your referral link to sign up to earn the commission.
An attractive feature about the BitMEX affiliate crypto CPA offers is that they send your payments every day to the wallet in your BitMEX account. Your referrals will also enjoy a discount benefit by receiving a 10% discount on each transaction for the next six months after using your referral link.
| BitMEX Affiliate Program | Commission Rate | Commission Duration | Payout Frequency | Payout Currency |
|---|---|---|---|---|
| BitMEX | 10-20% | Lifetime | Daily | Bitcoin |
PrimeXBT Affiliate Program
The PrimeXBT cryptocurrency exchange offers a simple and straightforward interface, making it easy for both beginners and professionals. This platform also provides all intricacies of trading, covering many niche areas in the cryptocurrency world, making this platform a very dynamic one.
The affiliate program offered in PrimeXBT is easily one of the most sophisticated platforms with very competitive commission rates. One important and unique aspect that makes PrimeXBT stand out from most of its competition is the four-tier structure for its cryptocurrency affiliate program.
For PrimeXBT users, all commissions are paid on four tiers of referrals instead of direct referrals. Regardless of the trading volume, all the direct referrals earn at a rate of 20% commission. An important thing to note about the PrimeXBT affiliate program is that this affiliate program does not accept all affiliates worldwide.
However, PrimeXBT enjoys a greater user audience because of its fast trading execution which attracts more customers.
| PrimeXBT Affiliate Program | Commission Rate | Commission Duration | Payout Frequency | Payout Currency |
|---|---|---|---|---|
| PrimeXBT | 20-50% | Lifetime | Daily | Multi |
Poloniex Referral Program
Poloniex hosts a massive community of traders and customers who are rewarded for every promotion they do on their networks about Poloniex. With this Poloniex referral program, you can invite your friends to join the Poloniex crypto affiliate network and earn rewards through the trading fees that your friends pay, up to a cap of 5000 USDC.
When you invite a potential customer to Poloniex, you can earn 20% off of your referral’s trading fees while they also earn a 10% discount for using your referral link.
All the crypto affiliate offers from Poloniex are paid once every day in USDC. After sharing your crypto referral links, both you and your referral are eligible to earn the rewards up to 180 days from the day of your referral’s signup. Or else, you can avail of these rewards till you both have made a combined amount of 5000 USD.
Since there is no limit to the number of referrals you can have in your Poloniex account, there is a chance for you to earn a decent sum of money through these crypto affiliate programs.
| Poloniex Referral Program | Commission Rate | Commission Duration | Payout Frequency | Payout Currency |
|---|---|---|---|---|
| Poloniex | 20% | 180 Days | Daily | USDC |
Coinbase Referral Program
Coinbase is probably the most well-known exchange in the Western World apart from Binance. It caters to the crypto first-timers that want to get their toes wet in the whole “owning crypto”, being a crypto investor/trader stuff. As it’s such a well-established brand, participating in the Coinbase referral program can be a lucrative endeavor, as the exchange basically has already sold it itself from word of mouth across the entire world – but especially in the US, and as a result of that, it won’t be a hard sell for you.
Your only job as an affiliate marketer is thus to simply put your referral link in front of potential referrals, and the well-oiled Coinbase machine will do the rest for you by raking in affiliate commissions.
It’s not all positive though, as even if the exchange is easy to promote, the efforts may not be worth it. The referral payout scheme that Coinbase has put in place consists of the famous $10 for you as the referrer, and $10 for the referral if/when they buy their first $100 worth of crypto on the platform. This cap on your potential referral commission can be a hard pill to swallow, as some of your referrals will be trading and buying a whole lot more than $100 worth of crypto – but you won’t benefit from it.
If you’re looking to promote a crypto exchange to crypto newbies, then Coinbase is definitely the way to go, but if you’re planning on targeting experienced, veteran crypto traders and investors, then you’re better off promoting another exchange, such as Binance.
| Coinbase Referral Program | Commission Rate | Commission Duration | Payout Frequency | Payout Currency |
|---|---|---|---|---|
| Coinbase | $10 (When user buys their first $100 worth of crypto) | 180 Days | Up to 4 days | USDC |
How Do Crypto Referral Programs Work?
With cryptocurrency affiliate programs, you have the potential to easily and quickly earn income passively, but often times it’s not as quick and easy as it seems, and it will likely require hard work from you for quite some time, to start seeing results.
The programs pay you for bringing in more potential customers. The process is relatively straightforward and easy to understand:
- You have first to sign up and open your account with the crypto affiliate program of the website that you want to promote. Often times just signing up for the website in question is enough, as a regular registration will also include access to the referral/affiliate section, but some affiliate programs are handled by third party sites specialising in handling and tracking affiliate programs. This is for instance the case for the Coinbase and PrimeXBT affiliate programs.
- After creating an account, you will get a unique referral code and/or a referral link to be shared with potential users.
- Copy your unique referral code or link and share them in the place where you are able to generate traction and traffic. We don’t have the right answer as to where you should be promoting your links and codes, as some channels work for some affiliate marketers and some for others. It’s completely up to you, and this is largely a trial and error step where you have to be creative and put in the hours. Some examples of mediums where you can promote your links and codes include Facebook, Twitter, YouTube, PPC, media buys, blog websites etc. Post the URL to your referral link in a creative way so that you can get more customers.
- After this, anyone who sees your post on your page or the web can click on the URL. This will redirect them to the company website. Here, they can signup and start transactions.
- When your referral code or link gets used by a customer when they sign up and make purchases, you get a specific commission.
- Depending on the company, your commission percentage will vary. The most common commission percentages offered in most programs lie between 10% and 40% of the total amount that the companies are earning from those users. It’s thus important to pick a solid crypto affiliate program where you’re paid sufficiently for your marketing efforts, and are not wasting your time.
How To Grow Your Affiliate Network
It is apparent that the more referrals you get under your belt on the sites that you are promoting, the higher your commission earnings will be. One of the easiest and most effective ways of growing and promoting your network is by causing traffic on your social media pages and sites where the referral codes and links have been posted. Make sure that your focus is on targeting the right audience for the content.
People who are genuinely considering a future in cryptocurrency or those who are interested in cryptocurrency trading are often your best target audience as they are more likely to stick around even if times get bad price-wise in the crypto sphere. These are the referrals that you most often want. The ones that stick it out with you, and still generate commission even in bear markets.
To generate more traffic on your social pages, sites, and campaigns, you can use email marketing campaigns. For this method to work, you need to have a significant number of email lists to send these campaigns.
How To Promote Crypto Offers
Since anyone interested in cryptocurrency is automatically tech-savvy, the best way for crypto to offer promotion is through online platforms, like social media or even PR campaigns.
Affiliate marketing
One of the best ways to promote crypto offers is through affiliate marketing. This benefits both you and your referrals, as well as the company. It is a win-win-win situation for all parties. Hence, the most sought-after method for promotions.
Direct messaging
Most of the time, people don’t check promotional emails or have them in their trash bins in their email accounts.
Social media
There is no greater reach than social media. There is a wide range of social media platforms like Facebook and Instagram to create dedicated pages for your promotions. You can even have business and professional accounts that can keep your audience up to date about any crypto offers.
Press Releases
Another popular method for promoting crypto offers is by making use of press Release websites. You can even find dedicated Press Release websites for cryptocurrencies online. They let users publish their news and any updates about their cryptocurrency exchange platforms.
These websites usually have a large audience base, so they are an excellent way to promote your links and pages. If you try, you can create a vast network of interested traders and users of cryptocurrencies for future orders.
Email marketing
As one of the most reliant forms of marketing, email marketing is a tactic that can produce great results. For each product or service launch, discounts, offers, and other bonuses, you can send out an email that specifies what the promotion is to your target audience.
The first thing to take care of before you make this your marketing strategy is to gather email addresses from potential clients to have a comprehensive list of people you can send the email to.
Paid promotions
Many successful businesses make use of paid promotions to help them get ahead in the marketing industry. Using paid advertising will help you garner a substantial audience and target audience. You can find many of these services on platforms like Instagram, Facebook, Twitter, and even Youtube.
This will mainly consist of your promotional banners and videos displayed on these platforms to generate traffic for you.
Bitcoin Communities
There are several bitcoin communities for crypto traders and Bitcoin affiliate program marketers online to join and update new coin offerings. The only real obstacle is finding the right community to join. There can be fraud or inactive communities, which won’t do you any good when it comes to promotions.
After researching and joining an active and vibrant bitcoin community, you can start by engaging in discussions on the online platform before you start to do your promotions. In this way, you can generate a wider audience and gather new customers before you start your promotional activities.
This is a great way to introduce your promotions because the community is already your target audience. You can talk about the intricacies of cryptocurrencies, which will entice avid users.
How To Promote A Bitcoin Affiliate Program
With the growing popularity of social media, the best way to promote a crypto exchange program is social media. The right strategy has a lot to do with how well your cryptocurrency exchange is promoted or how much popularity it gains. Here are a few steps on how you can effectively promote your cryptocurrency exchange platform through social media:
Set clear goals
Make sure that you know where you want to go with your platform. As an affiliate marketer, your top priority should be to generate leads, increase engagement with your audience and create more traffic for your page.
Keep your goals simple and straightforward. There is no advantage in having too many goals but making them unachievable.
Identify target customer base
Almost all social media platforms use their analytics tools to help you analyze which strategy is most beneficial to your cause. This is a great way to set a budget, deadline, and whatever areas may need you to put your efforts into.
For example, suppose your audience is millennials or GenZ. In that case, they can be reached easily through social media platforms similar to Instagram since statistically, they make up a more significant user base.
Or, if your target audience is women, social media platforms like Pinterest will most likely be your best option. For those looking for a well-educated audience, LinkedIn is a better option. Likewise, there are many other social media platforms where you can promote your cryptocurrency referral links.
Engaging social media content
An essential part of any social media promotion is the content. The content should be original and unique while also simple enough to let your audience understand all the information necessary. You can make use of infographics to make your posts more appealing.
Another critical aspect is to add a comment section or space where your audience and respond and give you feedback. Make use of appropriate hashtags to generate a wider audience and analyze the engagement. This will help the SEO content on your page.
Keep updated with competitors
An important thing to do is always keep yourself updated with the activities of your competitors, be it company competitors or fellow affiliate marketers. This will help you analyze their strategies and help you plan better and make smarter decisions.
The Pros & Cons Of Crypto Affiliate Programs
Crypto affiliate marketing is emerging as a vital element in every cryptocurrency exchange program. Since many companies, such as the myriad of crypto platforms, rely on active affiliate marketing, the cryptocurrency referral program in each of these platforms has gained a lot of significance for traders and customers.
With more and more competition in the online trading field, each company is looking to expand its audience base by offering undeniable offers and discounts in its crypto affiliate programs.
However, as in every situation, there are specific pros and cons even in the best crypto exchange referral programs:
Pros
✔ Multi-million dollar industry
Since the cryptocurrency business has established itself as a rewarding industry, there is little to no doubt that the incentives and advantages financially are unmatched by other sectors. There is more room for you to earn affiliate commissions, however big or small the amount.
✔ Passive income
Bitcoin affiliate programs and cryptocurrency affiliate programs, in general, are a great way to earn a secondary income. You can work a regular 9-5 job or run your private business while also exercising the affiliate program on the side; as a means of earning passively.
The best part of this is that you can quite literally earn money when you sleep. After you set up your social pages and websites with the referral links, you can wake up in the morning to add revenue to your account if you have the right traffic.
✔ Flexible and convenient
Especially when it comes to working schedule, as a member of the crypto affiliate program, you don’t have to stick to a plan, nor do you have to reach a particular target in a day. You also have the freedom to expand your horizons and enter different affiliate programs at once.
Ensure that you can manage all your accounts well before venturing into multi-tasking to result in smooth transactions every time. This gives you the power over those campaigns that aren’t performing well and focus on generating more traffic. In this way, you can optimize your work and make it more profitable.
The flexibility of working hours, as well as the number of affiliate programs you can join, is what makes these referral programs a no-risk trial for those who are just starting. You get to establish your own business activity, and so, you take as many breaks and vacations as you want and work as much as you want.
You can branch out and try different niches and make your platform more diversified so that if one program is not bringing in much profit or does not suit your current needs, you can drop the program and focus on the other. This minimizes risks and failures while providing the opportunity to learn.
✔ No extra qualifications
You don’t need any extra qualifications as a businessman or woman to enter the best crypto affiliate programs listed here, but you can earn just as much. The true beauty of these affiliate programs is that you don’t need to be a marketing expert when you begin your journey in these referral programs, but you can earn and become an expert with practice.
You learn through marketing to different audiences and see what kind of traffic generates more income for you. You have the chance of testing out various marketing campaigns such as paid promotions and email campaigns to find out which method generates the most income and is profitable for you.
After finding your desired mode, you can further optimize it to suit your preferred target audience and get unmatched results.
✔ No customer service
Another significant aspect of joining an crypto affiliate program is that you don’t have to deal with customer support. Your landing website or platform will do that for you. Unless you have established your own page for your referral links, you don’t have to respond to sale queries from the customer since the merchant’s customer service team is responsible for such issues.
If you have been considering creating a user-generated webpage for your referrals, you can add a comment section under your post to answer related queries. This will also boost the SEO for your domain.
✔ Low investment
Since affiliate programs have no barriers to joining the program, there is a greater chance of getting more people into these low-cost programs and expanding your base. When you compare the affiliate programs in crypto exchange programs, the operational expenses are almost non-existent.
The best part is that your work is based online so that you can do all your work from home, much like a freelancer. The only expenses you may incur are if you set a domain or a website for your referral links, which is optional since you can use the free social media platforms to do your affiliate marketing.
As a freelancer, there’s no obligation to hire staff, buy equipment, attend a workplace, or travel. So the expenses are very minimal, depending on how you decide to go about your marketing campaign.
✔ Performance-based
When it comes to generating income, it depends on how well you market your campaigns. This can both be an advantage or a disadvantage depending on how you see it. It is an advantage because you are paid for the hard work and your expertise in the field. In a way, this is a fair and just method of “you reap what you sow.”
While on the other hand, sometimes, especially if you are a novice at crypto affiliate programs, you might feel like the effort you are putting in is not generating equal amounts of revenue. Although this will fade in time as you become more in line with the work, it can be a significant obstacle to clear.
An important factor is your persistence and resilience in this type of situation. It takes some time to generate the right amount of traffic and for you to understand your audience. After this initial struggle, you get to enjoy your commission without dealing with the initial problems.
✔ Independent environment
Since being in the crypto affiliate program is like working as a freelancer, there are no restrictions on where you want to base your work. As long as you have an internet connection, you are free to work from anywhere, anytime.
There is relatively no bureaucracy involved in this process, and there are minimal company rules and regulations that you are mandated to follow. As long as you understand the terms and conditions of your company’s referral program, there is no extra information about the company’s policies you need to look into.
✔ No need for producing marketing kits
Because your vendors already produce all the marketing materials, you are not obligated to create any marketing banners or other materials for promotion. Of course, you can make them if you want to, for your own website, but it is not necessary. In this way, you have less workload and more time to optimize your income.
✔ No Limit
There are no limits to how many referrals you can have in one account, so the high your number of referrals; the more will be your income. Even when it comes to the marketing aspect, there is no limit to where you can set up your posts.
You can use email campaigns, use third-party paid promotion platforms, create a blog, website, or a social media handle to post regularly about your referral links.
Cons
❌ No control over Affiliate marketing cryptocurrency programs
You can only be a part of the crypto affiliate programs but not own the program; hence, you cannot start your own cryptocurrency affiliate program. Because of this, you become dependent on your merchant’s rules about the commission rates and specific terms and conditions that these cryptocurrency exchange platforms may hold.
You can appeal to the merchant sites for implementing changes if you have the right intentions, but in the end, the decisions lie with them, and you have no power over their referral programs.
❌ No guarantee for revenue
An aspect of the cryptocurrency affiliate programs that can prove to be a risk is the pay-per-performance policy. Much like a Casino, There is no promise or guarantee that you will earn a specified amount of money after a particular time. Sometimes it may not reflect the amount of effort you put in in the amount of money you get.
It is quite a challenge to start collecting your customer base and generating traffic. Even if you become pretty experienced in the field, there is no definite way of saying how much you will earn at the end of the day.
❌ Competition from other affiliate programs
One of the biggest hurdles when it comes to crypto affiliate programs is the competitors’ affiliate programs. This competition is not controlled by you and hence, has no say in the company’s strategies.
A rival company can change its referral program to look more appealing to the public and sway your customers away. When this happens, you don’t hold any rights to change the crypto affiliate program for your company.
❌ Other marketers
Since anyone can join these programs for little to no cost, it is a risk-free trial. When you join as a novice affiliate marketer, there can be more experienced and practical experts in the job, which can prove your competition.
This poses a threat to your performance and will ultimately reflect in your income. The only way out of this issue is to be persistent and work towards your goal earnestly. Everyone starts at the bottom, so you have the potential to compete with your rival’s performances as long as you are hardworking and resilient.
Crypto Affiliate Programs: The Verdict
The crypto affiliate programs have become a popular niche among cryptocurrency traders. With dozens of online trading platforms being established almost regularly, the cryptocurrency exchange has started to gain steady momentum.
Especially for those interested in online trading, cryptocurrency offers a range of different platforms where you can exercise these trades with the addition of commissions, bonuses, discounts, and many other offers.
The crypto referral program or the affiliate programs are among the popular offers that these cryptocurrency exchange programs provide to help you earn a passive but substantial income.
As long as you can generate the right traffic for your referral link pages, the best crypto affiliate programs above can pay you a decent amount of money.