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Major changes are happening in the financial industry and cryptocurrency market. One clear example of this can be seen in the increasing popularity of decentralized exchanges (DEXs) and crypto marketing schemes.
A few years ago, Forbes published an article predicting the cryptocurrency market’s potential for substantial growth. As anticipated, institutional capital’s participation led to the emergence of new cryptocurrencies. As a result, the market expanded and offered many profit opportunities. One option is to participate in crypto affiliate programs.
Crypto affiliate programs have become popular among traders as an effective tool for generating passive income. Because of their widespread acclaim, we will evaluate eight top crypto affiliate programs in 2024. The review will focus on the main features, commission rates, and participation requirements.
What Is a Crypto Affiliate Program?
This marketing strategy involves crypto exchanges partnering with affiliates to promote their products or services.
Participants in the program do not personally engage as affiliates. They leverage their wide reach and effective marketing strategies to attract new clients and earn commissions. Given the unique characteristics of this market, rewards in cryptocurrency affiliate programs tend to be higher compared to other industries.
How Does Crypto Affiliate Marketing Work?
Based on data from Statista in 2022, affiliate marketing emerged as the second most popular method for earning crypto income. It functions similarly to traditional affiliate marketing. One distinction is that affiliate marketers in this industry promote cryptocurrency-related products or services.
List of the Top 8 Crypto Affiliate Programs in 2024
There are numerous affiliate options related to cryptocurrencies available in the financial industry. Users have a variety of options to choose from. Choosing the best choice with all the attractive features they offer can be challenging. Therefore, we will provide an overview of the top 8 programs in 2024 to assist you in finding the most suitable option.
1. Bybit
Bybit is a leading cryptocurrency exchange platform that provides excellent affiliate benefits. Founded in 2018, Bybit has become well-known for its intuitive interface and cutting-edge trading capabilities.
Bybit’s cryptocurrency affiliate programs provide a monthly income for referrals. This platform is known for its generous commission rates, up to 50% for affiliates and 10% for sub-affiliates. Affiliates can enjoy additional benefits, such as prompt payments, opportunities to attend global networking events like crypto conferences, and access to exclusive portals. They also appreciate the personalized account services that provide support and guidance throughout the process.
Bybit is known for its simple and user-friendly process. The application form can be completed in just a few minutes, and the review process usually takes around 24 hours. After receiving approval, you can personalize and distribute your invitation link among your social circle.
Website: https://www.bybit.com
2. Bingx
Bingx has an excellent crypto affiliate program that is worth considering in 2024. Founded in 2018, the platform serves a large number of traders. Bingx is well-known for its trading assets and crypto affiliate marketing, which help users maximize their involvement in the crypto market.
When you become a member of Bingx, you’ll enjoy a range of advantages. These include earning up to 50% commissions on trading fees, receiving a daily settlement for quick payouts, having 100% proof of reserves for enhanced asset security, tracking your progress in real-time through our user management platform, participating in exclusive promotional campaigns for personalized rewards, receiving dedicated support, and gaining access to top-notch products in the industry.
Bingx, a top cryptocurrency affiliate program, does not have strict requirements. To join, simply complete the application form on their website with the necessary information. After your review, a Bingx representative will contact you to discuss the next steps and provide your personalized referral link.
Website: https://bingx.com
3. OKX
OKX has recently joined our list of crypto affiliate programs. They offer a wide range of trading options and provide high leverage for traders. The OKX affiliate program offers a tiered commission structure, allowing affiliates to earn a maximum commission of 50% in USDT.
Joining OKX’s affiliate program offers exclusive benefits. For example, affiliates receive 24/7 support from dedicated account managers and customer service. You can also communicate with your referrals right away using OKX’s messaging feature and work with sub-affiliates to grow your network. Additionally, you can track and analyze your referral performance in real time using our comprehensive tracking and reporting tools.
To join OKX’s affiliate program, get your affiliate links and codes from the More Affiliates page. Feel free to personalize or generate new ones as necessary. Afterward, you can efficiently distribute these links to your network through social media or other channels. You can earn commissions from the trading fees of your referrals on OKX. These commissions are settled hourly when your referrals sign up and trade using your link or code.
Website: https://www.okx.com
4. KuCoin
KuCoin has made significant efforts to establish itself as a leading global exchange. The platform’s current ranking at #15 on Forbes’s Best Global Crypto Exchanges list is a testament to its excellent reputation and advanced trading capabilities.
The crypto affiliate program is a standout feature, allowing users to earn generous commissions on referrals and sub-affiliates. Additionally, the platform offers marketing materials that assist in monitoring performance and improving promotional campaigns.
To become an affiliate with KuCoin, it is necessary to have a community of at least 500 members or a social media account with a minimum of 5000 followers. After completing the application form on the website and having it approved, you’ll be given a unique affiliate link to begin earning affiliate rewards.
Website: https://www.kucoin.com
5. Gate.io
Since its launch in 2013, Gate.io has successfully maintained its position as a reliable trading platform. Its platform offers traders a wide range of tradable instruments and other features.
The Gate.io affiliate program is designed to appeal to many people. One great advantage it provides its affiliates is the opportunity to earn high commission rates, up to 60% of trading fees generated by their referrals. Furthermore, Gate.io provides versatile payout options, enabling affiliates to receive rewards through various channels, including cryptocurrencies. The platform also supports its affiliates by offering tracking and reporting tools, allowing them to monitor their performance quickly.
The first step in participating in the Gate.io affiliate program is creating an account. After completing the necessary steps, you can create a unique referral link to advertise the platform. Gate.io’s affiliate program is available to users worldwide, ensuring accessibility for everyone.
Website: https://www.gate.io
6. MEXC
With our extensive industry experience, MEXC offers you a special connection to the cryptocurrency world. MEXC is inviting individuals from all around the world to join its crypto affiliate programs. With partnerships in over 100 countries and a network of over 8000 affiliates, it’s an excellent opportunity to get involved.
Affiliates receive comprehensive reports on the effectiveness of their promotions, demonstrating our dedication to transparency. Additionally, the compensation structure is quite flexible, offering the option to accept payment in preferred cryptocurrencies. The commissions are quite generous, with a 50% commission rate and an extra 10% for sub-affiliates.
Getting started as an affiliate marketer with MEXC is a breeze. To join, fill out an application on their website. After your approval, you will gain access to promotional materials and a unique referral code. It’s important to share this code with your affiliate network to start earning commissions.
Website: https://www.mexc.com
7. Coinbase
Coinbase is a reliable cryptocurrency platform that caters to clients worldwide. Due to its strong traffic, liquidity, trading volumes, and other positive attributes, Coinbase has achieved a high exchange rank on CoinMarketCap. In addition to providing a platform with a diverse selection of trading options, joining this exceptional crypto affiliate program offers many advantages.
The commission rate is 50%, and you will receive monthly payouts through PayPal. There is no minimum payout requirement, and the cookie duration is 30 days so that you can expect timely commission earnings. In addition, promotional materials are readily available, allowing affiliates from around the globe more flexibility.
Sign up to join the program and get your unique referral link. After obtaining the link, share it with your social network using the channels you prefer. The commission will be activated once your referrals begin trading based on their trading activity. There are no specific requirements on Coinbase apart from actively promoting your link to attract users. Unlike other programs, it’s easy to get started.
8. HTX
HTX has a solid track record of performance, providing users with innovative features and dependable trading services. But that’s not the end of it. The platform is part of a group of top exchange platforms that provide crypto affiliate programs.
HTX provides an affiliate program that includes two trading platforms: Spot and Derivatives. It’s a simple program. Based on performance-based requirements, commission levels for affiliates vary from 40% to 50%. It is possible to upgrade to higher commission levels, and measures are in place to protect and maintain current levels. HTX ensures that affiliates receive their rewards promptly.
To join HTX’s affiliate program, you must meet specific requirements. These include having a social media account with at least 5,000 followers, leading a community of over 500 active members, representing a business with more than 2,000 users, managing an independent website, or maintaining an average of 500 HT over the past 30 days. After meeting the requirements, you can register and create your referral link. This link will serve as your passcode, allowing you to earn commissions from the platform.
How to Choose the Right Crypto Affiliate Program
Choosing the right crypto affiliate programs is crucial for success in this field. With so many choices, beginners might need help finding the perfect one. Considering our position as a reputable crypto market maker, we suggest you take into account the following factors of crypto affiliate programs:
Payout
Review the program to make sure its payment structure matches your financial goals.
Commission Rate
Rates vary among crypto affiliate programs. It is crucial to choose programs with competitive rates that match your efforts and potential earnings.
Reputation
Give preference to programs with a strong reputation for being reliable and secure.
Support
Look for crypto affiliate programs that offer support systems to help you maximize your performance. These programs should provide marketing tools and tracking metrics to ensure transparency.
Accessibility
Please verify if the program is accessible and compliant with regulations in your desired region.
Product Quality
Collaborate with programs that provide top-notch products or services that connect with your audience.
Conclusion
Affiliate marketing in the crypto industry is widely embraced, as highlighted by a business article from Investopedia. This mutually beneficial partnership between the advertising company and the affiliate benefits both parties involved. Top crypto affiliate programs offer a fantastic chance to make money with well-organized affiliate campaigns in the digital market.
However, the amount you earn is influenced by various factors, such as your marketing strategies, the commission structure of crypto affiliate programs, the number and performance of your referrals, and more. It’s essential to keep in mind that commissions can be calculated either as a fixed amount or as a percentage of the transaction made using your link.
To succeed in crypto affiliate marketing, it is crucial to select the appropriate program and style that resonates with your target audience. Remember that the crypto industry can be unpredictable, meaning potential earnings can fluctuate along with the market.
