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Joining a crypto exchange affiliate program could be a lucrative venture for traders seeking new passive income avenues. The best part is that trading experience does not matter here. New and experienced traders can build extensive affiliate networks and benefit from their sub-affiliates' success.
The crypto market's extreme volatility can often make crypto trading difficult and cut into the traders' profits. Meanwhile, an affiliate program doesn't depend on market ups and downs. On the contrary, it allows partners to earn a steady, predictable stream of passive income.
A crypto affiliate program is a collaboration between a crypto business and a promoter. Generally, businesses, ranging from mobile crypto apps to global crypto exchanges, incentivize affiliates with commissions and other perks in return for advertising their services and products.
Affiliates use unique referral links to invite new users to crypto platforms and track their activity on those platforms. On crypto exchanges, affiliates earn a commission from their sub-affiliates' trading fees. This practice is common among crypto marketers, crypto influencers, and content creators.
You need to consider two aspects when choosing a crypto exchange affiliate program: your audience and the platform you want to promote. Suppose you are a crypto influencer with a long-established audience. In that case, you have to pick a crypto exchange that matches your audience's needs.
For example, suppose your audience consists mainly of new crypto traders. In that case, you can present them with Bitunix and its one-chart platform for traders of all skill levels. Novice traders prioritize security and transparency. The platform's global compliance and the Bitunix Protection Fund, which safeguards users' assets, are two features they will appreciate.
Suppose your audience consists primarily of seasoned traders rather than beginners. In that case, you should promote exchanges that offer advanced trading tools and in-depth analysis.
Matching your audience with the right platform maximizes your referral count. However, you should also consider that the right platform for your audience may not necessarily yield the highest commissions. For example, Bybit offers around 30% commission from trading fees, but Bitunix rewards affiliates with up to 50% commission. If your audience is not familiar with Bitunix, changing that could deliver higher returns for you.
Bitunix has a global community of over 3 million users and plans to increase it with the help of affiliate partners. To this end, it devised a highly incentivizing Partner System open to all registered platform users. Here are some of the highlights of this affiliate program:
The Bitunix Affiliate Program rewards participants with up to 50% commission on trading fees generated by new users they bring to the platform. Additionally, affiliates earn 10% commission from their sub-affiliates' activity on the exchange.
Bitunix affiliates have access to a transparent dashboard with live updates on referrals, rewards, and trading volumes. This way, they can track their affiliate networks in real time.
Bitunix provides users with priority access to the Bitunix Partner Management Team. Moreover, affiliates gain access to a comprehensive suite of promotional materials to enhance their strategies.
Bitunix settles commissions and generates payouts every 24 hours, giving users quick access to their earnings.
Bitunix affiliates can earn up to 50% commission on trading fees.
This incentive-rich program has allowed Bitunix to build a global affiliate network of over 18,000 partners. Also, the platform's monthly average commission exceeds $22,000 and is paid in USDT.
Bitunix incentivizes affiliates to bring more users onto the platform. However, it also makes it easy for new users to join and start trading from day one. The platform imposes only a quick registration process and user-friendly KYC verification.
In recent years, most leading crypto exchanges have engaged in fierce competition to offer the best crypto affiliate programs. As a result, some platforms, including Bitunix, offer a 50% commission on trading fees, providing a substantial passive income stream to new and seasoned traders.
Binance, the world’s most prominent crypto exchange, also offers up to 50% on trading fees and futures commissions. However, partners earn a particular percentage depending on their performance. Bybit's affiliate program offers commission rates ranging between 30% and 50% on trading fees, depending on various factors.
Meanwhile, Kraken has a standard payout of 20% of the trading fees collected from customers referred by affiliates. Coinbase has a referral program that offers a 50% commission on every qualifying purchase made by a referred user. Lastly, Coinrule offers commission rates ranging from 25% to 30% per sale.
The current market dip has forced many traders onto the sidelines. As the number of attractive trading opportunities decreases, the option to join an affiliate program becomes more appealing. The market needs fresh capital, which can come from new crypto exchange users safely onboarded by affiliates.
Bitunix has one of the best structured affiliate programs in the crypto exchange market. The platform rewards active users with high commissions, dedicated support, and quick payouts. It also enables them to track their sub-affiliates in real time within a transparent view of their own affiliate networks.
With all this in mind, the Bitunix affiliate program is a solid option for traders seeking recurrent income streams.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
