The 6 Best Crypto Affiliate Programs
Those who write about crypto on their blogs or social media may be eager to find ways to monetize their followers. We've got a full rundown of some of the best ways to earn a profit through affiliate links, including those for exchanges like Changelly as well as non-fungible tokens like Factbar. If you'd like to learn more about the budding market for unique digital assets, try this guide to crypto collectibles. This video was made with Ezvid Wikimaker.
The 6 Best Crypto Affiliate Programs
- Factbar - even split of claim fee for all referred users, convenient affiliate dashboard and provided images and videos
- Coinbase - you and your friends each earn $10 when they spend $100 after clicking your referral link
- Changelly - 50% revenue share, instant payout, available widget
- CEX.io - 30% commission on Bitcoin purchases, somewhat complicated fee structure
- Coinmama - good for international readers, features monthly payouts, requires 3 transactions from unique users
- Etheremon - pays EMONT to both you and those you refer based on the level achieved in the game
Cryptocurrency is more popular than ever, with Bitcoin and Ether earning millions for those who bought them early and held onto them. Investors looking to diversify their assets are flocking to alternative currencies, and there are even Bitcoin ATMs being rolled out in some cities. The Ethereum blockchain is home to a wide variety of alternative coins sold through I.C.O. releases, as well as crypto collectibles, with millions of dollars being exchanged for unique digital assets.
We haven't yet seen the full extent of what blockchain is capable of, and many predict that crypto assets will only get more popular in the future. Those who have a large presence on social media or a popular website or blog can capitalize on this crypto fever and monetize their followings through affiliate programs. Let's explain what these programs are and how you can earn a profit by referring your fans.
Affiliate links help drive the Internet economy. If you're interested in buying a suitcase, you may look up websites on Google that have reviews. On those pages, you'll see links to certain brands. When you click on the links, they take you to Amazon, where you can buy your choice. Those are affiliate links. Those sites offer up space to Amazon, and if you buy those items after clicking their affiliate link, they get a cut. It's almost impossible to surf the web without encountering affiliate links.
Affiliate links help drive the Internet economy.
But in the world of cryptocurrency, these links have been a bit controversial. Google has banned crypto advertising, with Twitter and Facebook considering similar policies. The companies claim this is due to fears of unregulated scams on the blockchain, which has some merit. Sites like Bitconnect have been accused of essentially being pyramid or ponzi schemes, where investors could only make money if they convinced others to join. But Google may have other reasons for not wanting to give crypto ad space.
Cryptocurrencies run on blockchain technology, a fascinating new frontier of computing. The decentralized nature of blockchain could upend many systems, including everything from finance to energy to politics. Google is a behemoth of centralized computing, and is rushing to catch up in the world of blockchain. Google has an interest in keeping people from cryptocurrencies until they are able to capitalize on the technology themselves. Regardless of their reasons, this also means that a lot of people haven't yet learned about crypto.
While there are a lot of scams out there, affiliate links are great both for users and for the sites themselves. You earn a cut of every purchase made through your link, and the company gets its assets promoted on your blog or social media channels. But not all affiliate programs are created equal. Let's go over six of the best programs that allow you to take advantage of your following and promote legitimate crypto services to your readers.
Let's go over six of the best programs that allow you to take advantage of your following and promote legitimate crypto services to your readers.
Starting off the list at #1 is Factbar. These ERC721 tokens are based on facts that are researched and verified, and the affiliate percentage can't be beat. If someone you refer claims a Factbar, the site will split the claim fee with you down the middle, meaning you're getting 50%. The money is paid on a monthly schedule, and you can keep track of your earnings through the affiliate dashboard.
Another plus for Factbar is that the site provides high-resolution images and videos of your Factbars that you can use elsewhere on the web. This means that not only can you promote the site through your affiliate link, but those who own Factbars can advertise them using the videos provided, giving users greater ability to affect the marketplace than most crypto collectibles, which are largely the same. Factbar provides step by step instructions and a zip file of images to use with your affiliate links on its website.
Up next, at #2, is Coinbase. That name alone should explain why it's so high on the list, as Coinbase is one of the most popular ways to purchase Bitcoin and Ether, and links to MetaMask for purchasing other digital assets. Coinbase's referral system is very simple: if someone you refer buys $100 worth of crypto within 180 days, you each get $10. That means not only do you get 10 bucks, but so does the person you refer, so there's something in it for them as well, encouraging transparency.
Coinbase's referral system is very simple: if someone you refer buys $100 worth of crypto within 180 days, you each get $10.
#3 on the list is Changelly. This site offers quick and easy conversion between cryptocurrencies, as well as the ability to buy Bitcoin using a credit card. Their affiliate program is widespread, thanks to its instant payouts and 50% commission on every referral. And you get that commission for every transaction your referrals make, not just the first one. You can also get a widget from the Changelly website, so users can try it out without leaving your page.
At #4 is C.E.X., where users can buy and sell Bitcoin using a Visa, Mastercard, or bank account. When users join the site from your referral link, you'll receive a 30% commission from the fees collected by all users whom you refer. You'll need to make sure you understand the fee structure on their website, which is based on trade volume and is not as simple as some others, but if all your readers want to do is buy Bitcoin, this could be a good option.
The #5 choice is Coinmama, which is great for those who have a lot of international followers, as the site serves 188 different countries. You'll get 15% of Coinmama's commission on every transaction made by your referrals. Payouts are done monthly, and do require at least three successful orders from three separate users before they are paid, which may irk those who refer a couple friends that trade at high volume and have to go searching for one more.
Payouts are done monthly, and do require at least three successful orders from three separate users before they are paid, which may irk those who refer a couple friends that trade at high volume and have to go searching for one more.
Rounding out the list at #6 is Etheremon, ERC721 tokens in the form of digital monsters that battle it out in the vein of Pokemon. Etheremon's affiliate payout structure is based on your level in the game, and the level reached by those you refer. You'll earn EMONT, the in-game currency, when you share your link on Facebook and Twitter, and both you and those you refer will earn EMONT depending on what level you reach. Those who don't play may not want the hassle, but those who do will appreciate the fact that both they and their friends get a bonus.
These are just a few of the many affiliate programs out there. It's important to do your research so you're not promoting a site whose work you don't stand behind. But if you're writing about cryptocurrency online, these programs are a great way to earn a profit by teaching your fans a few things about the crypto universe.