Before buying any product, we tend to look for reviews and recommendations from third-party sources. When experts or known voices give their recommendations for any product or service, we are often convinced about the legitimacy of the product or service.
Because of this, brands understand the consumer sentiments and look for influencers online who can promote the brand on websites, blogs, social media pages, or even get celebrities to endorse them online, thus increasing the brand value and sales.
This online marketing technique is known as affiliate marketing.
For businesses and brands of all sizes and types, affiliate marketing is cost-effective and efficient. As a result, brands across different industries allow anyone to become an affiliate partner for its product, and we are now seeing this type of activity flow into the world of finance, gaming and cryptocurrency at a rapid pace.
Of the many benefits associated with affiliate marketing, one of the most attractive is its ability to reduce brand promotion costs and allowing affiliates to earn commission from any sales generated whenever any user buys a product through the referral link posted on an online platform.
With all of that being said, today we are going to take a look at some of the most popular names in the world of affiliate marketing, which are now paying out in cryptocurrency to their site partners and affiliates.
Bitcoin and Cryptocurrency Focused Affiliate Programs
Bitcoin affiliate programs offer an excellent opportunity for savvy marketers to monetize their crypto-specific audience. Just a few methods that have been working extremely well for affiliate partners as of lately, consist of creating crypto resource sites and tutorial guides, sharing content through social media, and also creating YouTube channels that highlight the latest trends and talking points in crypto.
With any or all of these methods in place, Bitcoin affiliate programs can bring in a recurring income for affiliates and site partners that have the necessary long term content creation and marketing methods in place.
Bitcoin as a currency was launched in 2008 with a value of 0.0008$ and reached an all-time high of $48,226 in February 2021, giving mind-boggling 48,22,525% returns. And as more individuals and brands continue to adopt digital coins and transactions into their day-to-day operations, we will likely see more affiliate opportunities become available as well.
People are now looking at Bitcoin with respect and have the same confidence of getting excellent returns on their holdings in future. This has led to the popularity of Bitcoin-based affiliate programs that allow affiliates to earn a handsome commission and get a chance to increase the value of the Bitcoins earned.
In this article, we will look at 5 Bitcoin-based affiliate programs. Let’s get started.
Crypto Millions Lotto Affiliate Program
Crypto Millions Lotto is one of the biggest online lotteries that deal in Bitcoins only and are available to everyone interested in playing the lottery worldwide. Their revenue sharing structure is lucrative with many options.
The Crypto Millions Lotto affiliate program is one of the fastest growing platforms for affiliates that are looking to earn commissions in the form of Bitcoin.
The revenue share and commission structure for affiliates is set up on a two tier process, meaning referral partners can earn revenue in different ways. The first and most immediate is a 15% commission on gross revenue (top line sales) referred, and then potentially for an additional 5% bonus should any of your referred players end up winning a jackpot. This would definitely result in a very nice commission payout for any affiliates lucky enough to refer any jackpot winners!
Payments are sent out in Bitcoin, with a frequency of daily and monthly pay-out options depending on earnings and volume referred. There are also no hidden costs, and the withdrawal threshold limit is also low.
With the popularity of Bitcoin currency and acceptance growing across the world, it’s also important to note that this website and affiliate program is licensed to operate in 180+ countries — which means you can promote it nearly everywhere and to all audiences.
Paxful Affiliate Program
Paxful is a cryptocurrency exchange that allows users to trade on their platform. This is similar to how people trade on trading platforms of stockbrokers. Here on this platform, users can buy and sell bitcoin and make trading profits. This platform has high volumes because of high-value digital currency trading. The affiliate program rolled out by Paxful has been done to ensure that it is beneficial to the affiliates to make an attractive commission.
The commission pay-out structure is lucrative. One can earn 50% of the exchange fees or brokerage earned by Paxful from its user’s trading volume. The commissions are paid in Bitcoins on both transactions done by the user, i.e., buying and selling cryptocurrency on the platform. The pay-outs are made when an affiliate makes a request.
Another beneficial feature of the Paxful affiliate program is that 10% commission is paid when the referrals referral also transacts. This is similar to multi-level marketing where the Referrals own customers also make purchases. This concept is unique in this industry. One can earn a huge commission from the residual income of a big team of referrals created organically.
Bitcoin IRA Affiliate Program
Today, 50,000+ bitcoin and cryptocurrency holders use the Bitcoin IRA platform to hold their assets in bitcoin currency in their retirement accounts. Bitcoinira.com is the world’s first and largest digital platform that allows users to purchase cryptocurrencies, including Bitcoin and gold, for their retirement accounts.
This platform is highly secure for holding crypto assets. The benefit of holding assets for retirement in this mode is to save on huge taxes. Holding investments in Bitcoins means more money in the hand net of tax.
The Bitcoin IRA Affiliate program has an attractive commission payout for its affiliates. It allows one to earn up to $75 for each customer referred and sign up for a Bitcoin IRA account. This platform has 400+ million transaction volumes per month. With a 30-day cookie duration, it is an excellent option for affiliate marketers to make a handsome income.
LocalBitcoins Affiliate Program
LocalBitcoins is an online platform for buying, selling, and trading in Bitcoin currency. It has a reliable escrow system that makes it easy and safe to trade in the peer-to-peer marketplace across 249+ countries, even as no regulatory authorities oversee the transactions. The trading mechanism is fast and secure, where users do not have to worry about losing their funds. Payments are made through various channels such as Bank transfers, cash deposits, PayPal, Western Union, gift cards, and WeChat.
The LocalBitcoins affiliate program is a popular P2P (Peer to Peer) crypto exchange. An affiliate can provide their target audience with referral links to the website, blog, newsletter, and social media.
Affiliates earn free bitcoins from users who come on the site through the affiliate link, register as members, and then transact.
Some of the features of this program are
- Provides a 3 Month Cookie
- Validity of Commission: The pay-outs are paid for one year from the Affiliates registration date till the next renewal
- The commission is an average of 20% of a referral user trading fee. The Trading fee is 1% of the total trade volume.
- There is no minimum Pay-out threshold barrier, and it can be paid daily to the affiliate.
- Commissions are paid into the Affiliates LocalBitcoins account.
Timebucks Affiliate Program
Timebucks is a website that pays an affiliate free Bitcoin for each survey the affiliate completes. For people who are looking to earn free Bitcoins fast, then this is an excellent site. One also does not need any exceptional skills to start. Besides paid surveys, the affiliate also earns from other opportunities such as:
- Posting and following people on social media platforms
- Playing games
- Installing free apps
- Watching online videos
- Completing Captchas
- Signing up on different websites
- Clicking on small ads
The Timebucks Referral Program is a multi-tier referral program for affiliates. One earns on referral transactions and their customers too.
- Lifetime Commission to affiliates
- The average commission pay-out is 15%
- Minimum withdrawal is $10 with a weekly payout frequency
- Track all the earnings from the earning Tab.
How to Make it in the World of Crypto Affiliate Marketing
Bitcoin has many advantages for its high payment freedom mechanism, transparency of information, reduced risk for traders and affiliates, and increased security. And while there is risk with its high volatility, it has been shown to also provide long-term returns as well.
And while we might not know what the price of Bitcoin and other cryptocurrencies will be a month or year from now, we do know that people will continue to use digital finances and crypto coins in everyday life more and more.
This not only is a fact, but it’s also leading to a huge opportunity for affiliates, site partners and the brands that launch affiliate programs of their own.
As with all business ventures and affiliate marketing opportunities, it’s important to grow a marketing campaign that provides value to an audience and increases user engagement and conversions over time. If you follow these steps and really zone in on your target audience, there’s no reason for you to not find success with any of the mentioned programs above.
Published June 30th, 2021