Were you aware that the cryptocurrency market is worth over $350 billion? There were many that were caught up in the gold rush that happened in 2016 when the value of Bitcoin rose by nearly 900% in 2017, only to then fall by half the following year. The cryptocurrency market can be extremely volatile, and yet it can also be extremely lucrative too.
So, you might be thinking why would you want to get involved in cryptocurrency as an affiliate marketer? Simply put, the value of Bitcoin has steadily been rising and that makes it a really exciting time to get involved.
As a cryptocurrency Affiliate Marketer, you can earn affiliate commissions when one of your referrals successfully trades Bitcoin for cash or the other way around. So, that is why we’ve set out to find the best 8 Bitcoin Affiliate Programs that you can join today, to try and make it a little easier for you.
Before we get into it, let’s first consider what you need to consider before choosing the Bitcoin affiliate program to join…
Recommended: What is Affiliate Marketing & How Does it Work?
How to Choose The Best Bitcoin Affiliate Program to Join?
As cryptocurrency has become popular, it has meant that hundreds of Bitcoin trading platforms have appeared online, so it can be really hard to choose the right one for you to choose to become an affiliate with.
To help with this, we have thought about what you should consider before choosing which cryptocurrency affiliate program to promote.
The Commission Rate
It is always a good idea to check out what the commission rate is for an affiliate promoting their platform. Each of these platforms design their commissions plans differently, with some offering significantly higher commission rates when compared to others.
If you fail to consider the commission rate, you could find that you maybe doing a lot of hard work, for not much of a reward.
The best cryptocurrency exchange companies tend to pay between 30-50% commissions per transaction.
How Long Before the Cookie Expires?
Don’t worry if you don’t understand what we mean, but it is a way for the platform to understand that it is you that introduced someone to the platform. Most websites use cookies these days, if you use Facebook and it remembers you when you log in each time, that is achieved through cookies.
When you consider affiliate sales, if you sign up with a company that has a really short cookie expiry period, this could really hamper your sales. As someone might not buy straightaway, they may have a think and then come back later. But if this is after the cookie period, you will lose the sale.
Always check how long the cookie period is, the longer the better…
What Marketing Tools Do They Offer?
As an Affiliate Marketer, you would ideally want to promote a company that had a strong marketing strategy, and a healthy catalog of tools to help you promote their affiliate program.
These marketing tools would typically be in the form of banner ads, custom landing pages, and other elements that draw people in and end up buying through your link.
You should consider what each of them have to offer to help you promote their platform and that helps you stand out to give you the best chance of getting leads.
Affiliate Manager?
An affiliate manager can help you figure out and manoeuvre the affiliate program. They can also advise you of the best marketing tools and strategies that you can employ on your platform.
In addition, a good affiliate manager will point you to the best products and offers to promote, based on the nature of your audience. Offering the right products and offers to your target audience is key to making this work, and earn you money.
A dedicated Affiliate manager will also make it easier for you to negotiate better affiliate commissions when your lead and conversion numbers increase.
What is the Payment Frequency?
This is something you should consider if you were just starting out, as it will allow you to consider how often you will receive commissions and therefore plan how to scale your business. If you are already established, this might not be your biggest concern, but it is definitely one for the beginners.
Some of these will pay daily, weekly, and others will pay monthly. If you want to get paid quicker, then this would be a factor in your decision.
What Are the Payment Methods?
There is very little point promoting Cryptocurrency Exchange programs if getting paid is difficult, or even impossible. There are several options including PayPal, Bank Transfer, etc.
Other exchanges will pay you in Bitcoin or an equivalent option. Since there is no real standard payment mode within the industry, this is something you really need to consider before choosing which one you are going to get started with.
How Much Money Can I Make With Bitcoin Affiliate Marketing Programs?
If you go with the volume of Bitcoin that is traded daily and the size of the market, you could earn six to seven figures as an Affiliate Marketer.
However, you do have to be realistic if you are just starting out. If you are at this point, then it is more realistic that you will typically make a couple of hundred dollars a month.
But as you start to build trust with your audience, then you can expect to see your income increase.
How much you make as a cryptocurrency affiliate marketer will typically depend on the size and nature of your audience, your online marketing skills, the commission rate and the industry trends.
Best Bitcoin Affiliate Programs to Join...
Let’s go through some of the best Bitcoin & Cryptocurrency platforms that offer an Affiliate Program. I’ll go through some of the important details you need to know about them, plus some pros and complaints about them to…
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 is one of the earliest cryptocurrency companies. It was founded in 2012. The company operates in two-fold. Coinbase is a brokerage, and then you have Coinbase Pro which is an exchange and Peer to Peer (P2P) trading platform with industry-low trading fees.
They have facilitated over $150 billion in cryptocurrencies and are serving over 20 million customers in 42 different countries.
As an affiliate of Coinbase, you’ll earn a percentage of your referrals’ trading fees. There is no limit on how many referrals you can introduce to their program, which means there is no actual income ceiling with this affiliate program. Coinbase manages its affiliate program Bitcoin via Impact.
Coinbase Pros
- Well Known Company with a Large Customer Base
- Generous Affiliate Commissions Rate
- No Limit to The Number of Referrals You Can Invite (No Income Ceiling)
Coinbase Complaints
- Your Affiliate Manager May Not Be Personalised Due to The Size of the Company
- It Has a Tough Affiliate Evaluation Process
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 has since been relocated to more crypto-friendly locations such as Europe and North America. Their crypto exchange platform supports the majority of cryptocurrencies, which also includes their own in-house currency, which is called Binance Coin (BNB).
As an affiliate, you’ll earn 20% of the fees your referrals pay per transaction. You can also double down on that rate by depositing 500 BNB on your Binance wallet. that translates roughly $7960 at the time of writing this.
You can also earn 50% commission if you meet certain criteria, subject to a manual review process. Your referral will also get a 5-20% kickback upon signup, which can be a great strategy for affiliates.
Binance Pros
- Long Cookie Duration
- You Can Earn More If You Invest
- Kickbacks For your Referrals
Binance Complaints
- You Need to Invest To Maximise Your Earning Potential
Changelly Affiliate Program
Commission Rate: Up to 50% per sale
Cookie Duration: 30 Days
Available Payout Methods: Cryptocurrency, Direct Deposit
Minimum Commission Payout Threshold: Upon Request
Changelly has only recently joined the market, but is currently one of the most popular crypto exchange platforms you can find.
Traders can exchange over 150 different cryptocurrencies within the platform without having to first deposit their funds with Changelly. This allows you to look for the best rates across several exchanges and then make a trade.
You can also buy Bitcoin with your credit card on the platform, which is really rare for the majority of companies within this industry.
Changelly charges 0.25% as the transaction fee. As an affiliate, you can either add their widget to your website, or use an affiliate link. Once a visitor signs up at Changelly through your affiliate link, you’ll be entitled to 50% of all transaction fees they incur whilst trading.
Changelly Pros
- Generous Commission Plan
- Great Marketing Tools & Affiliate Support
- You can Determine Your Own Payment Schedule
- Traders Don’t Have to Deposit Funds To Trade
Changelly Complaints
- Is a 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 Payout Threshold: Weekly
LocalBitcoins is an online marketplace for both buyers and sellers of crypto. It was founded in 2012 by Finnish Entrepreneur Nikolas Kangas. It operates out of 248 countries around the world, which is impressive.
How it works at LocalBitcoins, is that you are basically exchanging Bitcoin directly with other members, with the platform operating as the go-between to facilitate the exchanges.
As an affiliate, you will be earning 20% on all trading fees your referrals get charged by LocalBitcoins. If you introduce both a buyer and a seller, then you get the opportunity to earn 40% for every transaction they make from each other.
Although, you will need to wait 12 months from the time y0ur referral first became active on the platform.
LocalBitcoins Pros
- Worldwide Audience Presenting a Larger Potential Audience
- Members Exchange Bitcoin Directly With Each Other
- High Income Potential
- Great Affiliate Support & Marketing Tools Available
LocalBitcoin 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 Payout Threshold: Monthly
Coinmama has been around since 2013, when it operated as a broker for people looking to buy and sell Bitcoin and Ethereum.
Since then it has expanded into forms of cryptocurrency, options such as Ripple, Litecoin, Carndo and more.
Traders will incur a transaction fee of 5.9%, this is in addition to the charges your assigned broker charges.
As an affiliate, you’ll earn 15% revenue share on all purchases made by your referrals for life. That could be extremely lucrative if your referrals remain active on Coinmama for an extended period of time.
Coinmama also provides you with marketing tools, as well as an affiliate manager to support you with your campaigns.
Coinmama Pros
- High Passive Income Potential
- Dedicated Affiliate Manager
- Negotiable Commission Structure
- Dynamic Marketing Tools Depending on the Platform
Coinmama Complaints
- Low Commission Rate
What Are Some Alternative Bitcoin Affiliate Marketing Programs?
You might have noticed that we only listed 5 Bitcoin Affiliate Programs above, those are the five that we feel offer an affiliate the best opportunity. But if you feel like any of those may not be the right cryptocurrrency affiliate program for you, then we have also come up with 3 alternative bitcoin affiliate marketing programs that you could consider too.
MaxBounty
The majority of crypto affiliate programs focus more trade-based commission plans, but with MaxBounty, you woudn’t need to wait for a trade to happen to earn money. You can earn money from your leads as well.
This makes it a great option, if you don’t want to limit your earning potential to sales-based offers only.
MaxBounty is a cost-per-action affiliate marketing network, so there is quite the opportunity to earn money from other factors too. Click Here to go to the MaxBounty website.
ShareASale
ShareASale is one of the largest and most popular affiliate networks out there. It offers hundreds of products and companies to promote across hundreds of niches. It is a solid option to partner with, when considering which companies to partner with outside of the cryptocurrency niche.
Here is a link to our review of ShareASale, or you can visit their website here.
JVZoo
JVZoo is another affiliate network, which focuses on digital online products. With your niche being cryptocurrency, being able to monetise it with effective affiliate products is one factor you need to focus on. You should also focus on what topics and subjects you are going to cover on your site. This is where you could start promoting Bitcoin or Crypto related products too. Promoting products like crypto buying guides, eBooks, how-to’s, etc.
With JVZoo, you can find these crypto-related digital products to promote on your site. If this is something you may be interested in, here is their website.
How To Make The Most Money with Bitcoin Affiliate Marketing Programs?
Now that you know the best cryptocurrency exchange platforms and affiliate programs that you can consider joining, it is important to know that is isn’t just as simple as joining an affiliate program.
You’ll need a platform for your audience, as well as the skills and strategies to help you stand out from the crowd, and give you the best chance of maximising your income potential.
With that being said, here are the three best options to market your affiliate products/programs.
Blogging
If you haven’t already got a blog, then this is something you really should be considering getting started with. As a blogger, you can create content based on Bitcoin and cryptocurrency in general.
You can then promote these affiliate products in your posts and in different areas of your blog.
Blogging & Affiliate Marketing are a great way of making money, especially as there are multiple ways you can monetise your blog.
The best part is that this income becomes a passive income!
However…
to stand any chance of becoming successful as an affiliate, you will need a ton of targeted, free and organic traffic coming from the search engines, like Google. Even if you are currently getting some traffic, it never hurts to learn how you can get more.
So, if you want to learn how to build and increase your sites traffic, you should consider joining Wealthy Affiliate. You’ll learn about the tools, strategies, and skills required to run a successful (and profitable) blog. Best of all, getting started with Wealthy Affiliate is completely free!
YouTube
You could also consider partnering this with a blog, but running a YouTube channel is a great option for promoting your affiliate programs. Create videos around the cryptocurrency industry, the different platforms and different products within the industry and then you can explore monetising your channel.
YouTube is the second largest search engine, after Google who ironically owns YouTube. So, that is why blogging and running a YouTube channel are great options for your ambitions.
This is a great webinar about how to run a successful YouTube channel.
PPC (Pay-Per-Click)
PPC is another alternative route to promoting your Bitcoin affiliate links. If you’re not ready to start a blog or to run a YouTube channel, it is an alternative that does work, although you will require a budget.
Simply put, you’ll create landing pages around content related to Bitcoin and the cryptocurrency niche. You then pay Google to show your landing page as an ad in their search results. It might sound easy, but there is a lot of trial and error with PPC, as you need to spend money and then work out what is working and what isn’t working.
If you’re new to PPC, then you should consider getting some help and advice. If you want guidance and some proven ways as to how to manage PPC campaigns, then you should consider joining Wealthy Affiliate, where you can learn how to be successful with it.
Is Bitcoin Affiliate Marketing Worth It?
In our opinion, Bitcoin Affiliate Marketing is definitely worth it. Especially if you have the audience or are a trusted industry expert, or are working towards that tag.
There are many different exchanges, marketplaces, and lenders coming onto the market all of the time, but then there are those that disappear just as fast. There are also a ton of scams out there too, although you can factor this into your blog to help people avoid the pitfalls and find only legitimate options.
In this post, we have only listed the well-known and those that are trusted, and aren’t a definitive list of the different cryptocurrency platforms out there.
Hopefully now, you are now in a position to pick the right Bitcoin Affiliate program to join? Did you find out list useful? Would you consider joining one of the platforms we have discussed? Or, do you have any experience with any of them that you would like to share with us?
If you do, let us know in the comments section below.
Thanks!
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