The cryptocurrency market is now worth well over $350 billion. If you were caught up in the Bitcoin gold rush of 2016 when its value rose by around 900% by 2017, then fell by nearly half the following year, then you definitely know how crazy the crypto market can be. So why in the world would you want to get into the frenzy as an affiliate marketer? Well simply because the value has been steadily rising.
That said, it’s an exciting time to be a cryptocurrency affiliate, where you earn affiliate commissions when a referral successfully trades Bitcoin for cash or vice versa. So that’s why we set out to find the Top 7 Best Bitcoin Affiliate Programs you can join today, to make things easier for you. So let’s break them down, shall we?
How To Choose The Best Bitcoin Affiliate Program To Join?
There are hundreds of Bitcoin trading platforms online, and choosing the right ones to partner with can be a nightmare. So to narrow things down, here’s what you should consider important while choosing a cryptocurrency affiliate program to promote.
Commission Rate
What you earn from a successful trade as an affiliate is probably the essence of affiliate marketing. These platforms design their commission plans differently, with some offering significantly higher affiliate commissions than others. If you don’t consider the commission rate, you may be doing the hard work for someone else. The best cryptocurrency exchange companies pay between 30-50% commission per transaction.
Cookie Period
How long a cookie stays valid in your lead’s computer will determine your conversions and eventually the affiliate commissions when they decide to take action. A short cookie period may affect your profit, as you’re never really sure that someone will follow through immediately. In short, the longer the cookie period the better for you.
Available Marketing Tools
As an affiliate marketer, you ideally want to promote a company with strong marketing strategies and a healthy catalog of tools and strategies that help you market the program. These marketing tools like banner ads, custom landing pages and buttons are what draw people in. So you want to partner with a company that will provide the tools that help you stand the best chance at getting leads.
Affiliate Manager
An affiliate manager helps you figure out and maneuver the affiliate program, advising you on the best marketing tools and strategies to employ on your platform. In addition, a worthwhile affiliate manager points you towards the best products and offers to promote, based on the nature of your audience. That way you stand the best chance at making money, In addition, a dedicated affiliate manager makes it easier to negotiate better affiliate commissions when your lead and conversion numbers increase.
Payment Frequency
If you have a solid business with a steady flow of income, then you probably won’t bother about when you get your affiliate commission. But if you’re just starting out and need to scale your business or need the money quicker for some reason, you may want to consider the frequency at which your affiliate program pays you. Some pay daily, some weekly while some pay monthly. So if getting paid quicker is important to you, you may want to give priority to those with a short payment frequency.
Available Payout Methods
There’s no point of promoting a cryptocurrency exchange program where getting paid is a problem or worse still can’t pay you. There exist several options including PayPal, bank transfer, PayPal and so on. Others will pay you in Bitcoin or an equivalent option. Since the payment modes are not standard across all companies, it’s important to consider how you’ll get paid before getting down and dirty.
How Much Money Can I Make With Bitcoin Affiliate Marketing Programs?
Ideally, based on the volume of Bitcoin traded daily and the market size, you can make six to seven figures as an affiliate marketer. However, realistically when you’re starting out you’ll probably make a couple of hundreds every month. But as you build trust with your audience your income could rise. At the end of the day, how much you make as a cryptocurrency affiliate marketer depends on the size and nature of your audience, your marketing skills, commission rates and industry trends.
Best Bitcoin Affiliate Programs To Join
So now let’s look at some Bitcoin affiliate programs you should consider joining, based on the factors we discussed earlier.
Coinbase Affiliate Program
URL: https://www.coinbase.com/affiliates
Commission Rate: 50% per sale
Cookie Duration: 30 Days
Available Payout Methods: PayPal, Check, Wire Transfer, Direct Deposit, and ACH Transfer
Minimum Commission Payment Threshold: Not specified
Coinbase, one of the earliest crypto companies, has been around since 2012. They operate in two fold. Coinbase is a brokerage, while Coinbase Pro is an exchange and P2P trading platform with industry-low trading fees. They’ve facilitated over $150 billion in cryptocurrencies serving some 20 million customers in 42 different countries.
As an affiliate, you’ll earn a percentage of your referral’s trading fees. There’s no limit to how many referrals you can send their way meaning there’s no income ceiling. Coinbase manages its affiliate program Bitcoin via Impact.
What We Like About Coinbase Affiliate Program
- Well known company with large customer base
- Generous affiliate commissions rate
- No income ceiling
Coinbase Affiliate Program Complaints
- Your affiliate manager may not be personalized due to company size
- Tough affiliate evaluation process
Binance Affiliate Program
URL: https://www.binance.com/en/blog/376015737666441216/Binance-Affiliate-Program
Commission Rate: Up to 50% per sale
Cookie Duration: 90 Days
Available Payout Methods: Binance Coin, Direct Deposit
Minimum Commission Payment Threshold: Not specified
Binance was founded in 2017 in Hong Kong but later relocated to other crypto-friendly locations in Europe and North America. The crypto exchange platform supports most cryptocurrencies including their in-house coin – Binance Coin (BNB)
As an affiliate, you’ll earn 20% of the fees your referrals pay per transaction. You can double down on that rate by depositing 500 BNB on your Binance wallet. This translates to roughly $7960 at the time of writing. You can as well earn 50% commission if you meet certain requirements, subject to a manual review process. Your referrals can get a 5-20% kickback upon signup, which can be a great sales strategy for affiliates.
What We Like About Coinbase Affiliate Program
- Long cookie duration
- You can earn more if you invest
- Kickbacks for your referrals
Coinbase Affiliate Program Complaints
- You need to invest to max out your earnings
Changelly Affiliate Program
URL: https://changelly.com/blog/changelly-affiliate-program-link/
Commission Rate: Up to 50% per sale
Cookie Duration: 30 Days
Available Payout Methods: Cryptocurrency, Direct Deposit
Minimum Commission Payment Threshold: Upon Request
Changelly is a late bloomer in the game, but also currently one of the most popular crypto exchange platforms around. Traders can exchange over 150 different cryptos within the platform without having to first deposit their funds with Changelly. Instead all a trader needs to do is look for the best rates across several other exchanges and make a trade. You can buy Bitcoin using your credit card on the platform, which is rare for most companies in the industry.
Changelly charges 0.25% as the transaction fee. As an affiliate, you can either add their widget to your site or use an affiliate link. Once a visitor signs up at Changelly through you, you’ll be entitled to 50% of all transaction fees they incur while trading.
What We Like About Coinbase Affiliate Program
- Generous commission plan
- Great marketing tools and affiliate support
- You can determine your own payment frequency
- Traders don’t have to deposit funds to trade
Coinbase Affiliate Program Complaints
- Relatively new company
LocalBitcoins Affiliate Program
URL: https://localbitcoins.com/affiliate/
Commission Rate: 20-40% per sale
Cookie Duration: 30 Days
Available Payout Methods: EASYPAISA, TRANSFERWISE, PAYEER,PAXUM, hyperWALLET
Minimum Commission Payment Threshold:Weekly
This online marketplace for buyers and sellers of Bitcoin was founded in 2012 by Finnish internet entrepreneur Nikolaus Kangas. It’s present in 248 countries across the globe. At LocalBitcoins you’ll basically be exchanging Bitcoin directly with members with the site acting as a platform to facilitate the exchanges.
As an affiliate, you’ll earn 20% on all trading fees your referrals get charged by LocalBitcoins. If you introduce both the buyer and seller, you’ll earn 40% for every transaction they make from each other. However, you’ll have to wait 12 months from the time your referral became active on the platform.
What We Like About Coinbase Affiliate Program
- Worldwide presence meaning wide audience
- Members exchange Bitcoin directly with each other
- High income potential
- Great affiliate support and marketing tools available
Coinbase Affiliate Program Complaints
- Long payout frequency wait-time
Coinmama Affiliate Program
URL: https://www.coinmama.com/affiliate
Commission Rate: 15% per sale
Cookie Duration: 30 Days
Available Payout Methods: Cryptocurrency, Bank transfer
Minimum Commission Payment Threshold:Monthly
Coinmama has been in business since early 2013 operating as a broker for folks looking to buy or sell Bitcoin and Ethereum. They’ve since added other crypto options like Ripple, Litecoin, Carndo and more. Traders incur a transaction fee of up to 5.9% in addition to the fees your assigned broker charges.
As an affiliate, you’ll earn 15% revenue share of all purchases made by your referrals for life. That can be really lucrative if your referrals are active on Coinmama. They’ll also give you the marketing tools you need for your platforms, as well as an affiliate account manager.
What We Like About Coinbase Affiliate Program
- High passive income potential passively for life
- Dedicated affiliate manager
- Negotiable commission structure
- Dynamic marketing tools depending on platform
Coinbase Affiliate Program Complaints
- Low commission rate
What Are Some Alternative Bitcoin Affiliate Marketing Programs?
If none of the options above is the right cryptocurrency affiliate program for you, here are a couple of alternatives well worth checking out as well. .
MaxBounty While most crypto affiliate programs offer trade-based commission plans, with MaxBounty you don’t have to wait until a trade happens to earn a commission. You can earn for your leads as well. So it’s a great option if you don’t want to limit your earning potential to sales-based offers only. You can go here to get started with MaxBounty.
ShareASale – ShareASale being one of the largest and most popular affiliate networks around, offers a huge variety of products and companies to promote spread across hundreds of niches. So if you’re considering partnering with other companies outside the cryptocurrency niche, then ShareASale can be quite resourceful. You can go here to get started with ShareASale.
JVZoo – While marketing crypto-exchange transactions is a great way to monetize your crypto-based platform, you can also market digital goods related to Bitcoin like buying guides, eBooks, how-tos and more. With JVZoo, you can find these crypto-related digital goods to promote on your platform. If that’s something you may be interested in, you can go here to join JVZoo.
How Do I Make The Most Money With Bitcoin Affiliate Marketing Programs?
So now you know the best crypto-exchange platforms and affiliate programs to consider joining. However, Bitcoin affiliate marketing goes beyond just joining an affiliate program. You’ll need a platform for your audience as well as the skills and strategies that help you stand the best chance at maximizing your income potential. That said, here’s how you can best market these affiliate programs.
Blogging
As a blogger you can create content around the Bitcoin or cryptocurrency industry. You can then promote these affiliate products in your posts and different areas within your blog. It’s a great way to make real money with affiliate marketing, as there are tons of ways to monetize a blog. The best part is you’ll be able to earn passive income as well. However, to stand any chance of succeeding as an affiliate, you need tons of targeted, free and organic traffic from Google. Even if you already have the traffic, it never hurts to get more. So if you want to learn how to build and increase your site’s traffic, consider joining Wealthy Affiliate. You’ll learn about the tools, strategies and skills required to run a successful blog. Best of all, getting started with Wealthy Affiliate is free!
YouTube
Running a YouTube channel while creating content around crypto is a great way to market crypto affiliate products. Youtube is undoubtedly a clear path to success as you can build trust with your audience. To learn more on how to succeed running a YouTube channel, you can check out this FREE Webinar.
PPC (PayPer Click)
PPC is another proven way to market your Bitcoin affiliate links. If you’re not ready to go the YouTube or blog way, you can create landing pages around content related to the Bitcoin and cryptocurrency niche. You can then pay Google to show the page as an ad on the search engine.It may sound easy, but since you’ll need to spend money and invest in the idea, you can definitely use some guidance and proven ways to do PPC. Fortunately you can learn how to successfully go about it by joining Wealthy Affiliate.
Is Bitcoin Affiliate Marketing Worth It?
Bitcoin Affiliate Marketing is definitely worth it, especially if you have the audience or are a trusted industry specialist. Keep in mind there are tons of exchanges, marketplaces, and lenders popping up from time to time, but they disappear as fast. That’s why we took the time to only list the well known, trustworthy and most reliable companies.
Well, I hope you’re now able to pick the right Bitcoin affiliate programs to join. Did you find our list helpful? Would you join either one of the exchanges we mentioned? Let us know in the comments section below!
Until next time
Eddy “with a Y”