Best Referral Programs for Crypto Traders – Coin24x7.net
Number two on the list is Binance, a standard referral system in which affiliates need to be registered members and will receive a personal referral link. Binance sets the initial commission from the program at a flat rate of 20%. However, accounts that have more than 500BNB, which translates approximately into USD 8,500, members can get as much as 40% in commission fees.
Pros
As you can see, commissions with Binance are generous. This is probably the most important advantage when deciding to become an affiliate of this program. What’s more, is that there is no limit on the number of people you can refer and payments will be done indefinitely and in real-time. As long as your referrals are using the platform and trading on it, you’ll get your commission.
Cons
The major drawback of this program is that Binance requires KYC to register an account.
Local Bitcoin is third on the list. It offers its affiliate 20% of the commission for each referral. Mind you that if your referral is both a buyer and a seller, you’ll be able to get 20% of the fee from each transaction. That means that you’ll get a total commission of 40%.
Pros
This program is great because it offers generous daily payments that will continue to flow into your account as long as successful transactions are processed.
Cons
As with many other similar programs, even Local Bitcoin requires KYC verification to become an affiliate.
Coinmama is a good program because it is open for everyone to register. With a trading account, you’ll get your personalized referral link.
You’ll get 15% commissions on all your referrals’ transactions. This platform also puts no limit on the number of customers you are allowed to refer.
Pros
You’ll get indefinite commission benefits that will last as long as your referred customers will use Coinmama.
Cons
Even here, you’ll need to have a KYC verification to set up an account. It might take some time, but once you’re signed up, you can receive all of your benefits!
Last but not least in this top-five list is Coinbase. To become an affiliate the process requires to apply first and wait for the approval. Once your account has been approved, you’ll receive a professional marketing kit that includes important tools for your referral strategy, such as an impact tracking software.
To promote Coinbase, you’ll get a personal referral link that you are supposed to share through articles or specific ads. When you will successfully attract new members to the platform with your promotions, you’ll start earning a commission. Here comes the best part: you’ll receive 50% of your referees’ trading fees during the first 3 months of their membership.
Pros
Coinbase offers the highest payout compared to any other crypto trading platform. Additionally, the rewards are paid in your local currency via Paypal or directly to your bank account.
Cons
As good as it sounds, Coinbase comes with its disadvantages. The entry barrier to becoming an affiliate is high and you will get rewards only for 3 months. To get the best out of your commissions, you should try to find high-quality referrals that will spend a lot.
If you can build a large and active network, you’ll be able to earn a good amount of money with no initial investment required. What are you waiting for? There is a lot of potential in these referral programs.
Source: https://coin24x7.net/the-5-best-referral-programs-for-crypto-traders-that-pay/
Published at Sun, 02 Feb 2020 16:41:16 +0000
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