In the last couple of years, crypto brokerages have gained extensive popularity as a method for the everyday person to start trading currencies. Now, brokerages are seeking ways to increase their client base, and they’re doing it with a fairly new strategy called affiliate marketing. And just about every top brokerage has its own program as a new marketing avenue. But what do these programs involve, and how can you join one? Let’s discuss everything you need to know about Monetize Magnet Crypto affiliate programs, their benefits, how you can spot the best ones, and much more.
Who is a Crypto Affiliate?
When you’re a cryptocurrency affiliate, you’re a third-party marketer who refers your following to use a certain brokerage. In this way, the brokerage uses the traffic of crypto affiliates to build a bigger user base. For each referral you make, you’ll be compensated. You can make these referrals through different sources, such as website marketing, banner ads, and even direct recommendations.
Keep in mind that it’s not a sponsorship, so it requires you to use the service itself. That means you’ll need to sign up with the broker first before accessing their affiliate program. Ultimately, your goal should be to convert your followers’ interest into a registration on the broker’s website.
Can Crypto Affiliation Help You Make Money?
When you’re a crypto trading influencer considering becoming an affiliate, it’s likely that one of the first things you’ll think of is how much money you’ll make. Keep in mind that how much you earn through crypto affiliate marketing entirely depends on the number of people you convert.
And remember that it’s not enough for someone to simply click on your ad and then join the platform. Rather, they have to click on your affiliate link and then sign up with the broker by making a deposit. Of course, it’s best to view the terms of the agreement to know how you’ll be making money as an affiliate.
The bottom line is that, yes, you do make money, but it depends on your effort to market the broker and get people to convert. Therefore, you’ll have to put effort into your content and strategy in order to make an impact.
What is a CPA Crypto Affiliate Program / Crypto CPA Network?
If you plan on joining a cryptocurrency affiliate program, you need to familiarize yourself with the different payment models. In most trading affiliate programs, the broker offers a CPA model, which stands for Cost Per Action. It means that you’re compensated each time a lead takes a certain, predefined action. This can include making a deposit, earning a profit on their trading position, or signing up with the broker itself.
This is different from a CPL model, which is Cost Per Lead, so you’re only compensated for each lead. Usually, this mode is preferred for businesses that require a higher volume of conversions. In comparison, CPA gives you the opportunity to earn a larger compensation depending on the action required from the lead.
Why You Should Join Crypto Affiliate Networks / Programs
There are various benefits of joining a crypto CPA affiliate program. This is especially the case if you’re a crypto trader with extensive expertise and a high following on different platforms. Here’s how you can benefit from becoming a crypto broker affiliate.
You Can Make a Passive Income
One of the biggest benefits of joining a broker’s affiliate marketing crypto program is that it allows you to make some extra money on the side. This is in addition to what you’re already earning from crypto. That’s because it doesn’t require any additional effort to do.
Let’s say you’re a well-renowned crypto trader who has a notable presence on online forums. This means you have a website, social media accounts, a YouTube channel, and other outlets. Regardless of your online presence, having a considerable following allows you to monetize it. When you join a crypto affiliate program, all you have to do is share your affiliate link, and you’ll start making money on the side.
Make Money Doing What You Love
Here’s a great advantage of being a Crypto affiliate – you’ll be doing what you love. If you have a passion for crypto trading, affiliate marketing cryptocurrency programs give you an opportunity to make money through it. You won’t be required to go out of your way and do something different. Rather, you can continue making money as a popular personality in crypto trading.
Doesn’t Require Many Additional Costs
If you already have accounts set up on social media platforms, are actively posting on your blog, and have a monetized website, crypto affiliation will be a breeze. That’s because you won’t be incurring any additional costs, so anything you generate from it will be extra income instead of a return on any investment.
Who Can Join Crypto Trading Affiliate Programs?
Anyone can join a broker’s crypto affiliate CPA program (Crypto CPA Network), even if you’re not well-versed in the details of crypto trading. That’s because you just need to connect people to the broker, where they can continue the conversation. That being said, there are some people who are more successful at crypto affiliate marketing than others, and it’s not about luck.
If one affiliate has a complete blog or social media account dedicated to crypto trading, then it’s possible that your followers value your insight and knowledge. On the other hand, if an affiliate is a lifestyle blogger, they wouldn’t have much influence over people’s decisions to join a certain broker.
Of course, that doesn’t mean the second example won’t result in referrals – it just means fewer referrals from followers. Regardless of your niche, you should consider how many channels you have to get referrals. Some affiliates may only have a single channel, such as a website, while others may have a blog, YouTube account, and more.
How to Spot the Best Crypto Affiliate Programs?
Now, you may wonder how you can find a good affiliate program cryptocurrency. In addition to high commission rates, there are a few other factors that make good crypto referral programs. You should consider the following:
Is it a trusted broker?
Before you sign a contract for an affiliate program, you’ll need to ensure that the broker you’re dealing with is trusted and reliable. Does the crypto broker have regulatory certification, trading licenses, and good reviews? If the crypto broker seems trustworthy, you can easily learn about these features through their website. And if you ask them for information, they should be easy to reach. That’s because your image will be affected by the brands you partner with.
What are the payment terms?
When you become a Crypto CPA affiliate, it can feel terrible when you’re expecting your account to have some money, but there’s nothing there. So, before you sign up for a Crypto affiliate program, you need to understand when the company will make payments.
Read the contract thoroughly to understand how they will make payments and when. Ideally, you should choose a program with an easy-to-understand structure. This should have a regular schedule for payments and effective tracking.
Do they provide promotional materials?
When you start seeking referrals for the brokerage, you have to ask how you’ll get your followers to start converting. It’s not as easy as sharing a link and asking them to join – you need to convince them. And for this, you’ll require adequate promotional materials and support. A good Crypto affiliate program makes sure to offer affiliates proper materials and marketing support to improve their chances of success.
Finding High Paying Crypto CPA Deals
Now that you know what makes a good affiliate program, it’s time for you to join one and start making a passive income! But wait, how do you find these top crypto affiliate programs in the first place? Sure, you know what to look for in an affiliate, but to find the right one for you, you’ll have to scour through lists of different programs.
But this can take a lot of time and effort, and the slightest carelessness can result in signing up with a program you’re not even eligible for! Luckily, that’s where Crypto affiliate networks can help you.
What is a Crypto Affiliate Network?
This is a platform such as Monetize Magnet that acts as a middleman between the brokerage and the affiliate. Brokers will come to crypto CPA networks to establish their programs, and affiliates can choose whichever program they want to support. In this way, it manages the broker’s crypto affiliate program and the affiliate’s activities.
Benefits of Joining Crypto Affiliate Networks
Most people would want to take out the middleman and find their affiliate partnerships on their own. But, there are certain benefits of signing up with a cryptocurrency affiliate network.
Access Top Crypto Affiliate Programs
One of the first perks is that you’ll be able to access multiple trusted and reliable affiliate programs from a single place. No more extensive research or investigative work by contacting the broker. That’s because the network does this for you – it takes the time to determine that the crypto broker is legit, so you don’t have to.
Additionally, you can browse through an extensive list of different affiliate programs based on their payment terms, how much they pay, their payment model, and much more.
Get Advanced Digital Marketing Tools
If you’re a crypto trader and online creator, it’s likely that you’ll need certain marketing tools in order to prepare more effective strategies. However, these tools can cost a lot of money to acquire. Fortunately, being part of a Crypto affiliate network allows you to access these tools without needing to pay anything. From research on the latest trends to data about current consumer habits, these tools can give you crucial information to plan out your affiliate marketing strategy for better gains.
Regular Reports on Your Performance
A major reason that crypto trading influencers register with a network instead of seeking programs is that it provides better transparency. You won’t need to keep on following up and asking how many leads you’ve converted. Instead, you’ll get detailed reports on how well your campaign has performed so far. This will include information about how many referrals you’ve gotten, how much of a deposit they’ve made, and other details. With these reports, you’ll be able to modify your campaign as needed.
When you’re part of an entire network that’s managing the broker’s affiliate program, you don’t have to worry about payments. No more going back and forth with the broker to find out when you’ll get paid. In fact, the network will make sure to follow up with the broker to ensure that you’re paid on time without any worries.
Support From Marketing Experts
When you’re part of an affiliate program, how much money you make will depend on your ability to convert your followers into users. For this, you’ll need better marketing skills and tips from experts. That’s why crypto networks have their own experts to provide you with detailed information on marketing strategies and how you can present your content.
All Types of Traffic Are Supported
By registering with a Crypto affiliate network, you don’t have to worry about the types of traffic you have. Usually, crypto trading affiliate programs have certain requirements about the kind of traffic they’re looking for. But when you’re part of a network, all your traffic is valued because there’s an opportunity to sign up with a suitable affiliate program based on your following.
How Much Can You Earn?
You can earn up to $700 CPA depending on the country of origin of the lead which brought a conversion. For the full list of countries and payouts keep reading:
Country / CPA Payout
For Tier 1 Countries:
CPA Payout is between $600 to $700 for tier 1 countries!
For Tier 2 Countries:
CPA Payout is between $350 to $400 for tier 2 countries!
For Tier 3 Countries:
CPA Payout is between $250 to $300 for tier 3 countries!
* (minimum deposit is $250) we do not accept traffic from USA
To summarize, affiliate crypto programs are part of brokers’ marketing strategies to use influencers’ following to gain more users. You can become an affiliate as long as you have a considerable online following, but you’ll perform better if you have extensive knowledge about crypto trading. There are plenty of benefits of joining a crypto affiliate program, like getting to earn an additional income through your passion. But to find suitable Crypto affiliate programs, it helps to sign up with a Crypto CPA Network like Monetize Magnet. These networks connect you with top brokers with high-paying affiliate programs.