Best Cryptocurrency Affiliate Programs 2023
What is Cryptocurrency Affiliate Marketing?
Despite the pandemic, affiliate marketing was one of the most popular ways of earning passive income in 2020. Within that, affiliate programs for cryptocurrencies have seen huge growth. And with the meteoric rise of Bitcoin into the public consciousness thanks to Elon Musk’s publicity more people than ever are buying, trading, spending and “hodling” bitcoin and other popular cryptocurrencies.
Before you dive into the world of cryptocurrency affiliate marketing, here are the top crypto affiliate programs of 2022, what sets them apart from the rest, and a few tips on how to maximize your profit.
Top Cryptocurrency Affiliate Programs
Paxful is an online peer-to-peer (P2P) over-the-counter (OTC) exchange platform where users buy and sell cryptocurrency. The platform functions mainly as an escrow service between the two parties.
Members of their affiliate program get 50% of the exchange fees whenever one of the customers referred through their link makes a transaction on the platform. You also receive a 10% commission whenever one of your second-tier affiliates makes a transaction on the platform.
For a platform that handles up to $25 million worth of transactions a week, this can sum up to a pretty decent amount with the right strategy. The key is to build a network of well-connected affiliates and earn money passively.
Changelly is an instant exchange platform that has been on the market since 2015. Having been in the industry for over six years, they have grown from a small exchange platform to a whole ecosystem of crypto-adjacent projects. Changelly’s main platform supports over 200 cryptocurrencies and offers users the ability to quickly and easily exchange crypto at great rates and with one of the lowest fees in the industry. Changelly’s trading platform, Changelly PRO, is a full-featured exchange that packs a whole lot of powerful tools and features underneath a beginner-friendly, easy-to-use interface. Changelly’s fiat-to-crypto marketplace, Changelly Buy, is the perfect starting point for all people interested in crypto — it supports over 50 different fiat currencies and the most popular payment methods.
Cryptohopper is an automated trading robot that helps users trade across several crypto markets. You can let the bot do all the heavy lifting or set your strategy, test it with historical data, and watch your profits roll in while you sit back.
Cryptohopper also offers one of the most lucrative affiliate programs of any trading platform. Affiliates receive a 10% commission over each paid Cryptohopper subscription registered by your affiliate. This amounts to $1.99, $4.99, or $9.99 per month depending on their subscription.
You also receive a 15% commission of the 10% commission coverage taken by the platform on each paid signal. Affiliates get other free bonuses like free promotional content and quick updates in the world of cryptocurrency and crypto market trading. For further information on cryptocurrency and automated trading bots how they work and a feature comparison of others in the cryptosphere see “20 Best FREE Crypto Trading Bots for Binance, KuCoin” that breaks it down nicely.
It seems the days of cryptocurrency acting as a tax-free haven for crypto investors have finally come to an end. With the IRS finally rolling out its official policy on crypto taxation, many investors have been left confused by terms such as “gains”, “taxable events” and “cost basis”.
Most people just want to know how much they have to pay to keep the IRS from charging them with a Letter 6173. That’s where CryptoTrader.Tax comes in. This is a top-notch crypto tax calculator that saves users the hassle of having to navigate through the murky waters of crypto tax.
They also offer the best affiliate program in the crypto tax calculator industry. Once a user registers on the platform through your link you receive a lifetime commission of 25% of whatever they pay to generate their tax reports. You can request for payments every 30 days.
Coinmama is easily one of the most recognizable names on this list. The digital currency exchange platform was founded in 2013 and has since grown into one of the most popular platforms for buying and selling digital currencies directly.
One of the strategies they used to become such a powerhouse in the industry was their awesome affiliate program. Their affiliate program offers a generous 15% commission on all trading fees from referred customers.
This may sound low but this commission is paid out over a LIFETIME. This means you continue making passive income as long as the customer has an account on Coinmama. For a company that caters to over 2 million users in 190 countries, that can add up to a lot of money over time.
Trezor is one of the leading brands when it comes to hardware wallets. Hardware wallets have the added advantage of greater private key security, immunity to viruses, and potentially dangerous software, and an easier recovery process.
The company offers a 12-15% referral commission for each sale made through your link. This is paid out every month. Another great feature is that they offer payments in both wire transfer or cryptocurrency, giving you a flexible payment structure.
They also offer you tons of promotional material like banners, texts, and videos. With 24/7 access to detailed reports on your referral campaign and a dedicated team to help you out with any hiccups.
One of the most recognisable brands in the crypto industry Coinbase has a great affiliate program for those looking to get into the world of cryptocurrency.
Commission time period: First 3 months after a user signs up.
You will and your referral receive $10 worth of Bitcoin (BTC) for each signup and deposit of over $100 completed with in the first 3 months (180 days).
In a world that is being driven ever more digital, every aspect of our lives seems to be online, even our finances. Coinigy is a comprehensive cryptocurrency trading and portfolio management tool which allows users to track their cryptocurrency assets quickly and efficiently
across a wide range of exchanges and platforms. The platform has several useful
features which allow both novice and experienced investors to monitor their
varied crypto finances.
Some important examples are ArbMatrix which allows users to spot price differences in trading pairs across different trading exchanges so that investors can quickly spot arbitrage opportunities. Another great feature is the application programming interface (API) which
allows users to place trades on various platforms from their Coinigy account. The platform offers over 70 different indicators for technical analysis, live exchange rates, data graphs, price updates, and direct blockchain analysis.
With all these great features it’s no surprise that the platform also offers a wonderful affiliate program for users. The commission offered is $15 per paid user, with a minimum payout of $15 which is paid directly into your Coinigy account. This is a one-time payment upon registration of the user through your unique referral link. The program offers a 45-day tracking cookie duration, which is quite generous.
How to Maximize Your Profit
When it comes to cryptocurrency affiliate marketing there are several key tips to make sure you get the most out of each customer:
- Choose the right company or brand to partner with.
- Use social media and niche influencers to reach out to a wider customer base.
- For pyramid scheme affiliate programs always build a strong network of proactive members.
- Use promotional materials from the company to attract referrals.
- Optimize your product pages to encourage more conversions.
- Look for affiliate programs with flexible payment options.
- Choose lifetime affiliates with a lower pay-out over temporary affiliates with high commissions.
- Leverage affiliate promotions from as many sources as you can.
Binance launched its affiliate program shortly after being founded in 2017. Their commissions are paid in Bitcoin. There’s the availability of special commissions for verified affiliates as long as they meet one of the following requirements:
A social media following of at least 5,000
Communities having at least 500 members
Corporate bodies with a user base of at least 2,000 people
Media publishing sites
Verified affiliate partners on Binance can earn a commission rate as high as 41% on Spot trading, a significant upgrade from the 20% rate for regular affiliates. In addition, affiliates who bring in more than 1,000 users will be eligible to receive an even higher commission rate of 50%. The beauty of this affiliate program is that once you qualify for an increased commission rate on spot trading, it will last for a lifetime and the payouts for these commissions are instant.
For futures trading, the commission rate is 30%, and it comes with a bonus (as high as $72k) every month for the best affiliates. The referral bonus earned from futures trading usually lasts for one year, starting from when your referral activated their futures account.
The payout model of this program is strictly revenue share. Therefore, no payout triggers and no performance reports are required.
Ledger’s affiliate program offers affiliates a commission rate of 10% for each sale. Payouts are in BTC. The application process for their affiliate program is straightforward. It just needs your BTC and your email address to sign up, and that’s it. Affiliates will receive a unique affiliate tracking link that can be placed on their blogs, websites, and social media posts. The beauty of this program is that the commission you earn is the net sale amount, excluding VAT and shipping fees. Payouts are monthly. You can also have access every hour of the day to real-time reports of traffic conversions and sources.
In conclusion, the world of digital currency is fast evolving with billions of dollars changing hands every day. Affiliate marketing is a great way to tap into this market and make passive income for life. The market is ready, are you?
Visit theaffiliatemonkey to compare hundreds of affiliate programs across industries and see which affiliate programs fit you best.