A Beginner’s Guide to Cryptocurrency Affiliate Programs: What to Look Out For
Cryptocurrency and blockchain technology have revolutionized how companies and consumers handle and process payments. Both customers and businesses can enjoy a range of benefits by opting to use crypto as an alternative payment method, from increased transaction speed and reduced fees to improved security and transparency.
It’s a booming industry, with digital assets seeing more widespread mainstream integration and new currencies hitting the market all the time.
If you’re reading this, you’re probably interested in the world of cryptocurrency and the affiliate programs that exist within this rapidly growing space. Well, you’ve come to the right place! As a team that has been deeply involved in this industry, we are here to provide a comprehensive introduction to cryptocurrency and guide you through the process of finding the ideal crypto affiliate program.
First things first, let’s understand what cryptocurrency is. Cryptocurrency is a type of digital or virtual currency that uses cryptography for security. Unlike traditional currencies, cryptocurrencies operate on technology called blockchain, a decentralized system that records all transactions across many computers, ensuring the security and transparency of the data.
Bitcoin, the first and most well-known cryptocurrency, was created in 2009 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto. Since then, thousands of alternative cryptocurrencies, collectively referred to as altcoins, have been created, each with unique functionalities and use cases.
Affiliate Marketing and Crypto
For affiliate marketers, crypto represents a unique opportunity to take advantage of a growing sector and target a specific, knowledgeable customer base.
Now, let’s talk about affiliate marketing in the crypto world. A crypto affiliate program is a type of performance-based marketing where an affiliate earns a commission for promoting another person’s or company’s products or services. In the context of cryptocurrency, these products could be anything from crypto exchanges, wallet services, online courses, or even specific cryptocurrencies.
Choosing an ideal crypto affiliate program can be a daunting task, especially with the overwhelming number of options available. Here are a few things to look for:
- Reputability: In the volatile world of crypto, working with a reputable company is of utmost importance. Do your research, look at reviews, and ensure that the company has a good standing in the crypto community.
- Commission Structure: Look for a program that offers a fair and lucrative commission structure. This could be a percentage of the transaction value, a flat rate per referral, or even a lifetime commission from the referred user’s activities.
- Cookie Lifespan: A longer cookie lifespan means that if a potential customer clicks on your affiliate link but doesn’t make a purchase until later, you’ll still receive your commission as long as it’s within the cookie’s lifespan.
- Marketing Support: Some programs offer marketing materials and support, which can be incredibly helpful, especially if you’re new to the crypto world.
- Payment Method: Given that this is a crypto affiliate program, it’s likely you’ll want to be paid in cryptocurrency. Ensure the program pays in a crypto you are comfortable with and trust.
Let’s take a look at some of the best crypto affiliate programs available today. Keep reading to find out more.
8 Of the Best Crypto and Bitcoin Affiliate Programs for 2023
Top-tier Cryptocurrency Affiliate Programs: Spotlight on Binance
First up on our list of exemplary cryptocurrency affiliate programs is none other than Binance.
Binance, a juggernaut in the world of cryptocurrency exchanges, was established in 2017. This trailblazing platform takes pride in its massive trading volume, which reportedly hits around $2 billion each day, contributed by its global network of cryptocurrency investors.
When it comes to its affiliate program, Binance has a generous offering. For every new user that registers via your referral link, Binance provides a lucrative commission ranging from 40% to 50% of the transaction fees accrued by the new user.
The process to join this program is straightforward and managed in-house. Prospective affiliates are required to fill out a Google Form for review and approval. Based on my experience and thorough evaluation, Binance stands out as one of the most rewarding crypto affiliate programs available.
What Makes Binance an Exceptional Choice?
Binance enjoys widespread recognition in the cryptocurrency community, making it easier for affiliates since the platform requires less of an introduction to potential users. Moreover, it provides a sustainable income source through its recurring revenue model.
This sentiment is echoed by Nate Ginsburg, an affiliate marketing expert from SellerPlex, who firmly believes in the potency of exchange affiliates, particularly Binance. In his words, “We have witnessed the highest number of sign-ups and revenue generation from Binance.”
Key Details of Binance’s Affiliate Program:
- Commission Rate: Up to 50%
- Cookie Duration: 90 days
- Payment Methods: Payments made through the Binance Wallet
- Products Offered: A diverse range of Cryptocurrencies
Remember, each affiliate program has its unique set of benefits and terms, so it’s crucial to find the one that aligns best with your marketing strategy and target audience. With its robust platform and attractive commission structure, Binance certainly makes for a strong contender.
Coinbase: A Leader in Cryptocurrency Affiliate Programs
Let’s turn our attention to another noteworthy contender in the realm of cryptocurrency affiliate programs – Coinbase.
Established in 2012, Coinbase set out on a mission to foster greater global equality through the paradigm of decentralized currencies. While this is indeed an ambitious endeavor, it aligns with the global trajectory towards a future where conventional fiat currencies may become optional.
Coinbase distinguishes itself by offering a platform that accommodates both traditional cryptocurrency and Bitcoin trading, as well as wallet services. Users have the flexibility to purchase an array of leading cryptocurrencies using fiat currency, and can also opt to receive payments via PayPal.
A unique aspect of Coinbase is its dual offering: it operates as a brokerage, allowing users to acquire cryptocurrency directly from the platform, and also has a dedicated peer-to-peer trading platform known as Coinbase Pro. The latter features minimal trading fees and provides a truly dynamic exchange environment. To give you a sense of its scale, Coinbase has managed a staggering $150 billion in cryptocurrency transactions, catering to 20 million customers scattered across 42 countries. A key attribute that sets Coinbase apart as a cryptocurrency exchange is its provision of insurance coverage up to $250,000. Additionally, they prioritize security by maintaining most of their data offline.
As for its affiliate program, Coinbase offers a commission based on a percentage of your referral’s trading fees. There is no cap on the number of referrals you can make, so the potential for earning affiliate commissions is virtually limitless.
An important point to note is that Coinbase utilizes Impact as their affiliate program manager. If you’re new to Impact, you’ll appreciate its streamlined interface that provides a clear overview of your affiliate marketing activities.
Key Details of Coinbase’s Affiliate Program:
- URL: Coinbase affiliate program
- Commission Rate: 50% of referral trading fees for the first 3 months
- Payment Method: Payments are made in your local currency (e.g., $, £, €)
Whether you’re an experienced affiliate marketer or just starting out, Coinbase’s program offers a compelling opportunity to earn while promoting a platform dedicated to advancing the world of decentralised finance.
Exploring Coinmama: A Promising Cryptocurrency Affiliate Program
Our exploration of cryptocurrency affiliate programs leads us next to Coinmama. Launched in 2013, Coinmama began its journey as a broker for individuals wishing to purchase Bitcoin and Ethereum. Over time, the platform has grown to include additional cryptocurrencies such as Ripple, Litecoin, Cardano, and more.
In addition to facilitating cryptocurrency purchases, Coinmama also assists users wishing to sell their Bitcoin, thereby offering a comprehensive platform for your crypto trading needs. As a brokerage service, Coinmama charges a fee for its services. In practical terms, this means that the cost of transactions on Coinmama may be slightly higher than those conducted through private trades. To be precise, Coinmama adds an additional brokerage fee of 5.9%.
Turning to Coinmama’s affiliate program, it offers an impressive 15% commission on all purchases made by your referrals, applicable for the lifetime of their accounts. This is an enticing proposition indeed!
For tracking your affiliate marketing efforts, Coinmama employs the affiliate tracking software cellxpert. This tool enables you to monitor your marketing activities with ease and precision.
Key Details of Coinmama’s Affiliate Program:
- URL: Coinmama affiliate program
- Commission Rate: 15% on all referral purchases, indefinitely
- Payment Method: Fiat currency
Coinmama’s affiliate program is an exciting opportunity for anyone looking to delve into the realm of cryptocurrency affiliate marketing. Its comprehensive platform and generous commission structure make it an appealing choice for affiliates.
Diving Into LocalBitcoins: A Unique Cryptocurrency Affiliate Program
In our continued exploration of cryptocurrency affiliate programs, we now turn to LocalBitcoins. This platform offers a unique approach to cryptocurrency trading, reflecting the ethos of decentralization that underpins the broader cryptocurrency movement. With the recent uptick in metaverse land investments, control over one’s financial transactions is becoming increasingly relevant. In a world where a few major exchanges dominate the cryptocurrency landscape, LocalBitcoins provides a breath of fresh air. Instead of centralizing transactions, this platform operates as a peer-to-peer online marketplace. Here, individuals can trade cryptocurrencies directly with each other or for traditional currency.
LocalBitcoins’ affiliate program is also distinctive. By promoting the platform using your custom affiliate link, you can earn a 20% commission on trading fees from both the buyer and the seller. This combines to offer a total of 40% commission on trading fees. However, it’s important to note that the LocalBitcoins affiliate program has a temporal limitation. Commissions are only earned for the first three months of your referral’s trading activity. Therefore, it may not be the best choice for those seeking a long-term affiliate partnership.
So, why consider promoting LocalBitcoins? The platform caters to users seeking a more anonymous method of trading cryptocurrencies. Its higher-than-average commission rate and the option for daily payouts also make it an attractive choice for affiliates.
Key Details of LocalBitcoins’ Affiliate Program:
- Commission Rate: 40%
- Cookie Duration: To be confirmed
- Payment Methods: Payments made through the LocalBitcoins wallet
- Products Offered: Various Cryptocurrencies
LocalBitcoins offers a unique affiliate program that aligns with the decentralized spirit of the crypto world. Its generous commission structure and the uniqueness of its platform may make it an enticing option for some affiliate marketers.
Highlighting KeepKey: A Secure Hardware Wallet and Its Affiliate Program
As we delve further into the world of cryptocurrency affiliate programs, it’s crucial to discuss security. Even the most prominent cryptocurrency exchanges are not immune to data breaches. Hence, the importance of offline, cold storage devices like KeepKey cannot be overstated. KeepKey offers a hardware wallet solution designed to safeguard your cryptocurrencies. The device supports over 40 of the most sought-after cryptocurrencies and enhances the security of your investments with PIN and passphrase features.
When you participate in KeepKey’s affiliate program, you’ll receive a starting commission rate of 25%. The program also provides marketing and tracking tools to monitor your referrals effectively. If you’re a devoted affiliate manager, additional benefits are available.
So, why should you consider promoting KeepKey? The rising popularity of cryptocurrencies (Dogecoin, anyone?) is driving a growing demand for offline data storage solutions in crypto wallets like KeepKey. Market research predicts this particular sector will expand by 27% in the next five years. In the fast-paced world of cryptocurrency, staying ahead is crucial. As Tung Tran from TK Ventures aptly puts it,
“Everything in this niche moves at 10x speed. 6-8 months feel like years.”
Key Details of KeepKey’s Affiliate Program:
- Commission Rate: 25%
- Cookie Duration: To be confirmed
- Payment Methods: Bitcoin
- Products Offered: Hardware cryptocurrency wallets
KeepKey’s affiliate program offers the opportunity to promote a product that enhances the security of cryptocurrency investments. As the market for such products is poised for significant growth, it presents an exciting prospect for affiliate marketers in the crypto space.
Unveiling Kraken: A Foremost Cryptocurrency Exchange and its Affiliate Program
Let’s now examine Kraken, a top-tier cryptocurrency exchange that enjoys a substantial following among altcoin enthusiasts and advanced traders. The popularity of the Kraken affiliate program is rapidly growing within the affiliate marketing community. One reason for Kraken’s strong appeal is its competitive fee structure, which is among the lowest in the industry. Moreover, the platform is renowned for its robust security measures, with most assets stored offline for enhanced safety.
The Kraken affiliate program offers its partners a 20% commission, applicable for the lifetime of the referral. This stands out from many other exchanges that limit commission periods to the first 90 days. However, it’s important to note that Kraken’s lifetime commission comes with a $1,000 cap per referral. Therefore, while the opportunity for long-term earnings exists, it is subject to this limit.
So, why should you promote Kraken? The platform’s nearly decade-long presence in the market adds a layer of trust and reliability. In addition, the lifetime commission structure, despite its cap, offers the potential for substantial earnings.
Key Details of Kraken’s Affiliate Program:
- Commission Rate: 20%
- Cookie Duration: 180 days
- Payment Methods: Bank transfer
- Products Offered: Various Cryptocurrencies
The Kraken affiliate program provides an opportunity to align with a respected brand in the cryptocurrency world. The potential for lifetime commissions, combined with Kraken’s established market presence, can make it an attractive proposition for affiliate marketers.
Exploring Changelly: A Young and Dynamic Cryptocurrency Exchange and its Affiliate Program
As we continue to navigate the landscape of cryptocurrency affiliate programs, we now turn our attention to Changelly. Despite being one of the newer players in the crypto exchange market, Changelly has rapidly gained popularity.
Changelly stands out for its flexibility and ease of use, allowing users to trade in over 150 different cryptocurrencies without requiring them to deposit any of their coins or cash with the platform. Instead, users can compare the best rates across a multitude of exchanges and execute their trades accordingly. Moreover, Changelly also allows users to purchase cryptocurrencies using their Visa cards, positioning it as a hybrid exchange that catifies both purists and those looking for convenience. With Changelly, users can exchange one crypto for another at a flat fee of 0.25%, and there are no hidden or unexpected charges.
Changelly’s affiliate program offers two ways to earn money. You can either integrate their widget into your site or use a referral link that can be placed anywhere. Once a user signs up for an account through either method, you become eligible to receive 50% of all transaction fees that Changelly charges to them.
This structure is similar to Binance’s affiliate program, where your earnings increase as more coins are traded.
Key Details of Changelly’s Affiliate Program:
- Commission Rate: 50% lifetime
- Payment Methods: Currency in which referrals trade
- Products Offered: Various Cryptocurrencies
Changelly’s affiliate program presents an exciting opportunity to partner with a dynamic and rapidly growing crypto exchange. With its generous commission structure and user-friendly platform, it’s a solid choice for affiliate marketers in the crypto space.
Uncovering Bitcoin IRA: A Unique Retirement Investment Opportunity and its Affiliate Program
In the traditional investment world, Individual Retirement Accounts (IRAs) are typically backed by an array of financial products, such as Treasury bills, mutual funds, and stock portfolios. Bitcoin IRA, however, introduces an innovative twist to this established concept by allowing your audience to trade in cryptocurrencies as part of their retirement planning. This unique offering provides an opportunity for fiscal diversity.
The Bitcoin IRA affiliate program offers a flat payment of $50 for each lead, coupled with the potential to earn additional cash bonuses based on performance. This program is managed via Commission Junction, requiring you to have an account with this platform to promote the offer.
So, why consider promoting Bitcoin IRA? There’s considerable merit in being an early adopter in a relatively untapped market. This service melds a traditional investment model with the potential of tax-free cryptocurrency trading, offering an attractive proposition for potential investors.
Key Details of Bitcoin IRA’s Affiliate Program:
- Commission: $50 per lead
- Cookie Duration: 30 days
- Payment Methods: Check, Bank Transfer, Payoneer
- Products: Cryptocurrency investment service
The Bitcoin IRA affiliate program presents an opportunity to align with a pioneering service in the intersection of traditional retirement planning and the evolving world of cryptocurrency. This innovative model and its potential for tax-free earnings make it an exciting option for affiliate marketers in the financial and crypto spaces.
Discovering The CEX.IO Partner Initiative
CEX.IO, a distinguished platform for Bitcoin and cryptocurrency transactions, came into existence in 2013. It facilitates its clientele to swiftly procure cryptocurrencies using their debit or credit cards and just as speedily transfer their digital assets to a card or bank account.
Although CEX IO continually explores the possibility of expanding its cryptocurrency portfolio, it adheres to stringent due diligence. The platform ensures that every digital coin listed on their exchange undergoes a rigorous verification procedure. This cautious approach is commendable, considering the ephemeral nature of many meme coins.
CEX IO offers a crypto partner initiative for existing clients as well as bloggers, influencers, publishers, and content creators who operate a suitable app or website.
Upon enrollment in the program, participants stand to gain a 30% commission on all eligible transactions executed by customers introduced to CEX IO within a 30-day tracking period. The commission payments can be claimed through various methods, including debit or credit card, bank transfers, or even via a Skrill wallet. These payments are reflected in your balance 14 days post the initial transaction.
To streamline the process, CEX IO provides a dedicated partner manager to assist you, as well as access to an array of periodically updated marketing tools, encompassing banners and landing pages.
- URL: CEX IO partner initiative
- Commission rate: 30%
With a robust reputation, as evinced by a score of 4.7 on Trustpilot and 8.4 on BitDegree, CEX IO has been successful in attracting approximately four million users worldwide.
Final Thoughts
Remember, cryptocurrency, while full of potential, also carries risk due to its volatility and the fact that it’s still a relatively new market. As such, we encourage you to do your own research and perhaps consult with a financial advisor before jumping in.
If you have any questions or need further assistance, don’t hesitate to reach out. We are here to help you navigate this fascinating crypto landscape.
Until next time, happy crypto journeying!
