The 6 Best Ways To Monetize Your Crypto Site
If you have a website or blog that discusses cryptocurrency and blockchain, there are a lot of ways you can earn a profit from your followers, ranging from traditional ads to affiliate links. We've got the best ways for you to keep your content interesting while monetizing your site. If you want to learn more about crypto affiliate programs, try this article. This video was made with Ezvid Wikimaker.
The 6 Best Ways To Monetize Your Crypto Site
|1||ERC-721 Affiliate Programs||Factbar||Etheremon|
|2||Exchange Referral Links||Coinbase||CEX.io|
|4||Crypto Ad Networks||Bitraffic||Coinzilla|
|6||Traditional Banner Ads||Google Adsense||Adsterra|
Exchanging Coins On Changelly
What's The Difference Between An Ad Network And An Affiliate Link?
An ad network, whether it's a traditional network like Google Adsense or a crypto ad network like Coinzilla, is built around ads that change. You offer up space on your blog, and the ad network sells that space to its customers, splitting the money with you based on its rates. With affiliate links for sites like Factbar, you control the content, and the links are always consistent. You don't earn money when people read your articles, but you do when they buy crypto assets through your links. It ensures that nothing is being promoted on your site that you don't support, but requires your users to follow through in order for you to get paid.
Monetizing With Adsterra
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.
If you write about crypto on a blog, talk about it on YouTube, or have an active social media presence, there are a lot of ways to monetize your followers. First, let's talk about the traditional ways websites make money through affiliate programs, and how the stubbornness of the big online giants could prove advantageous to you.
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.
Those are affiliate links.
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. If ad networks can't get through to potential customers on Google and Facebook, then they'll covet anyone with an audience that's interested in crypto, which means your little blog could provide a valuable audience to them. You have a lot of options to choose from, so here are six of the best methods for earning money through your crypto site.
You have a lot of options to choose from, so here are six of the best methods for earning money through your crypto site.
Starting off the list at #1 are ERC721 affiliate programs. Many dapps on the Ethereum network give bonuses for referrals, including a lot of shady dapps you might not support. But there are others that provide great bonuses to you for everyone who joins from your referral link. You can write a blog post about a particular dapp, and if your readers then purchase that asset through your link, you get paid.
One example is Factbar, ERC721 tokens based on facts that are researched and verified. 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. Factbar provides step by step instructions and a zip file of images to use with your affiliate links on its website.
Other options include games like Etheremon, digital monsters that battle it out in the vein of Pokemon. Both you and those you refer will earn EMONT, the in-game currency, depending on what level you reach in the game. 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.
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.
If you write posts or record vlogs about dapps, there's no reason not to include an affiliate link at the bottom. Your readers will appreciate getting the information, and you can get a referral link without negotiating with the websites. The site gets new users, you get paid, and your readers get info on dapps, so everyone wins.
The #2 way to earn from your site is through exchange links. Many exchanges, including Coinbase, Coinmama, and C.E.X., have affiliate programs where you earn a small percentage of the transactions from users you refer. Some of these even give you a cut of every transaction that results from those referrals forever. There are a lot of sites to choose from, though the one drawback is that unlike crypto collectibles, there isn't much to write about for these exchanges, so you're better off picking one you like and putting the link on your home page.
At #3 we have the Changelly widget. Changelly lets users convert cryptocurrencies and buy Bitcoin with a credit card, and their referral system is great, with instant payouts and a 50% commission on referrals. You can put the widget on your site, so your readers can try it out without leaving your page. This is a simple one to add to the top of your site and pair with any of the other methods listed.
You can put the widget on your site, so your readers can try it out without leaving your page.
At #4 we have the many crypto ad networks. These are slightly more complicated than affiliate links. Some, like CoinTraffic, require you to be contacted by a sales manager and are for those with a lot of traffic. Others, like Bitraffic and Coinzilla, only require a simple signup. Payment amounts vary, as do withdrawal methods, but if you've got a big audience, an ad network can find the best-paying advertisers for you.
The #5 choice is marketplace referrals. With so many crypto collectibles around, marketplaces like OpenSea have sprung up where users can sell many types of assets in one location. These marketplaces need listings to grow, so they offer a referral system. If your readers are already well-versed in crypto, this can be a way to refer them to a new site they'll enjoy and get a small referral fee for yourself.
Rounding out the list at #6 are traditional banner ads. There are a number of networks that will place ads on your blog and pay you based on the number of impressions or clicks. Google Adsense is a popular choice for blogs, but Adsterra is another option if you'd prefer to have greater control.
Google Adsense is a popular choice for blogs, but Adsterra is another option if you'd prefer to have greater control.
There are other ways to make money with a crypto blog, including mining plugins, but these have legal ramifications and aren't for beginners. Overall, you simply need to consider your audience. Depending on what you blog about and who reads your site, you can steer them in the direction of websites they'll want to use while earning yourself a profit from your loyal following.