Top 8 Profitable Crypto Affiliate Programs
10 min
If you are good at advertising and looking forward to making extra income, then the crypto affiliate program is a great place to look. Finding an excellent crypto affiliate program is a bit challenging, but we have rounded up the most profitable crypto affiliate program for you in this article.
Introduction
It’s 2022, and everyone is looking for ways to earn some extra income. In the past few months, the cryptocurrency industry has been one of the fastest-growing industries, offering an excellent way to earn via affiliate programs. The crypto market value by market cap is about $2 trillion. Although participating in affiliate programs is not easy, it allows you to generate excellent income by merely referring friends to a service. In this article, we will be exploring some of the most profitable crypto affiliate programs. But before diving into it, what are crypto affiliate programs?
What are Crypto Affiliate Programs?
Affiliate marketing aims to attract new customers to businesses’ products and services. The same rule applies to crypto affiliate programs. As a marketer, your first task is to find a reputable broker that offers a crypto affiliate program. You will then partner with that broker and bring in paying customers. Depending on the broker, you can get paid via crypto or fiat currency.
The more people you refer to the broker, the higher your chance of earning more money. In other words, getting internet traffic is key to succeeding in crypto affiliate programs. Moreover, since you are not investing your money in crypto affiliate programs, it is a low risk yet provides a high potential return.
Top 8 Profitable Crypto Affiliate Programs
Ultimately, be aware that there is no one-size-fits-all crypto affiliate program. The best crypto affiliate program is dependent on your needs and preferences. We have rounded up some of the most notable choices to help you get started.
8. Paxful
Paxful is the best crypto affiliate scheme for users interested in BTC, ETH, and USDT. With the Paxful affiliate scheme, users can earn as much as 50% of the escrow fee every time their direct affiliate makes a trade. Also, when your direct affiliate refers someone else to Paxful, and the referred user makes a trade, you will earn up to 10% of the escrow fee. While Paxful allows users to earn a huge sum, users must be creative when recruiting referrals to earn from your Tier 1 and Tier 2 affiliates.
Pros
● Excellent customer support
● Multiple payout options
● High commission rate
Cons
● No in-house affiliate marketing software Take-away
With Paxful, you can cash out your earnings once you’ve made at least $10. Unlike other affiliate programs, Paxful would not bother you with KYC procedures until you have earned up to $300. Paxful also offers you over 300 payment options to cash out your earnings.
7. Coinbase
With the Coinbase affiliate program, you and your referral can earn a bonus. You will receive a bonus once your affiliate signs up on Coinbase using your unique referral link and makes an eligible crypto trade. Coinbase pays as high as 50%. Also, Coinbase has no cap on the number of people it allows you to refer, meaning the affiliate commission is limitless. Importantly, Coinbase pays its affiliate marketers in their local currency.
Pros
● Easy to use
● Access to promotional assets and tracking software
● Option to get paid electronically or via bank account
● 20+ customizable performance report
Cons
● Referral commission drops after the first three months
● Coinbase pro accounts are not eligible for a referral bonus Take-away
When your referral signs up for a Coinbase account and performs an eligible transaction, you can earn 50% of the trade fee. But keep in mind that you only earn 50% for the first three months. After three months, the referral commissions will drop. Also, when you refer a user, the user must perform a transaction within the first 30 days from signing up for it to count as eligible for a bonus.
6. Binance
Binance has one of the best crypto affiliate programs. It has a market cap of $17.69 billion and a circulation supply of $17.68 billion. The platform pays affiliates commissions in real time, giving it an edge over other traditional affiliate schemes. Binance pays marketers in whichever currency their referrals trade in. Its affiliate program pays a 50% commission on every qualified trade. But due to the sudden rise in marketers' interest in Binance, getting into the system is quite hard. Navigate to the Binance registration page and create an account using your e-mail to participate in the Binance referral program. However, to get approved for the Binance referral program, you must either have a social media account with over 5000+ followers, be a business with a 2000+ user base, a community with 500+ members, or a media publishing site. If your account doesn’t get activated for any reason, you can always give it another shot.
Pros
● Easy and quick payouts
● Numerous cryptocurrencies for promotion purposes
● High commission rate
Cons
● Not available in the US Take-away
With Binance, as an affiliate marketer, you can earn as much as 41% for referring less than 500 users. On top of that, affiliates who invite more than 500 traders will receive up to 50% of the commission. On the other hand, Binance Future Affiliates earns a base 40% commission for each referral plus a 30% commission for VIP0 and VIP1 referred users for up to 12 months upon account activation, after which the commissions will expire.
5. eToro
eToro is one of the most popular social media trading platforms. In addition to its incredible copy trading and investment services, eToro features a rich and comprehensive affiliate network known as eToro Partners. With eToro, you can earn by referring a friend to register on the platform or through CPA. If you refer users to eToro through your unique referral link and they deposit at least $100, you will receive a $30 bonus. Also, with the eToro Partner CPA program, you can earn from one of three tiers; Tier 1, Tier 2, or Tier 3.
Pros
● Easy to promote
● Earns up to $600 per referral
Cons
● The commission varies from country to country Take-away
To earn from eToro through any of its three tiers cost per action, you need to make a financial commitment of $250 for Tier 1, $200 for Tier 2, and $100 for Tier 3. As an eToro partner, you get everything you need for a successful campaign. The platform provides its affiliate marketers with highly competitive marketing tools, a strong, reputable brand, an amazing product to promote, and a competitive payment option.
4. LocalBitcoin
LocalBitcoin is another excellent crypto platform with a fantastic crypto affiliate program. As a LocalBitcoin affiliate, you can earn a commission of up to 20% of every eligible trade of your referrals. And on top of that, you can earn up to 40% of trading fees if you convince two users (a seller and buyer) to sign up and have them complete a deal for $100 worth of BTC. The LocalBitcoin mobile app is rising in popularity (with over 200,000 downloads), making it easy to monitor your earnings and referral trades.
Pros
● Access to detailed reports
● Payouts are paid daily to your LocalBitcoin wallet
Cons
● Limited to only Bitcoin Payment method Take-away
With LocalBitcoin, you earn Bitcoin from the users who visit the site via your link, register and make a trade. LocalBitcoin will only consider a visitor as your affiliate for three months, and you will get a commission from the user’s registration for a year.
3. CoinMama
CoinMama is a leading crypto exchange that operates globally and offers a profitable affiliate scheme. The CoinMama affiliate program spans over 188 countries. Unlike other affiliate programs, CoinMama is uncapped with a lifetime commission. It rewards you with up to 15% of qualified purchases your referrals make for the life of their CoinMama account. In addition to allowing you to earn for a lifetime, CoinMama gives you the tools you need to maximize your success. From tracking software to content recommendations, performance reports, tracking software, and everything you need to thrive as a CoinMama affiliate.
Pros
● Beginner-friendly user interface
● Access to marketing tools
● Great support team
Cons
● Payouts are made once a month Take-away
While CoinMama offers a lifetime commission for referring users, you will only get paid once a month. And the minimum commission you can withdraw from your CoinMama account is $100. On top of that, you will only receive a payout when you have at least three orders from three different referrals.
2. BitStamp
BitStamp is a cryptocurrency exchange that offers affiliate markers commission for referring users. As an affiliate marketer for BitStamp, you can earn up to 50% of each user’s trading fee. Note that with BitStamp, you can make a maximum of $500 per day by referring people. To be eligible for the BitStamp Referral program, you must not be a user of BitStamp’s exchange and have performed at least one trade on BitStamp’s exchange platform.
Pros
● Low transaction fees
● Advanced trading platform
● High liquidity
Cons
● Pays out in cash only Take-away
Apart from the 50% commission bonus that BitStamp offers users, their products are easy to promote since you can access several promotional materials. To participate in BitStamp, you need an active BitStamp account of at least 30 days old to qualify.
1. Prokey
Between hardware wallets, Prokey has the most authentic crypto affiliate platforms in the market by paying 25% commmission per sale! The platform also has an affiliate portal to meet all your affiliate needs, including balance checks, campaign management, full reports, and custom materials.
Pros
• Highly secured
• Attractive commissions and bonuses
• Ready to use materials
• 24/7 e-mail support
Cons
• Limited to only bitcoin payments for withdraw commission
It is an excellent option for bloggers, entrepreneurs, social media marketers, content creators, and others who want to make the most out of online marketing. If you are result-driven and want to get a worthwhile marketing experience, Prokey is the ideal platform for you. Conclusion Crypto affiliate programs are one of the most lucrative and easiest ways to make money in the crypto niche without spending a dime. You can join any affiliate programs highlighted in this article, give or mention a service, promote a platform and start earning.
How to start a career in cryptocurrency?