Bitcoins and affiliate marketing might not sound like they go hand in hand yet you would be surprised how beautifully these two combine and can help you earn reasonable amounts of money.
A bitcoin is a cryptocurrency. This means that it is a digital currency that is created, distributed and saved electronically. It may not be tangible, but it is secure as it is not controlled by one person and it is quite valuable.
The reason for bitcoin affiliate marketing is that many companies that have recently ventured into bitcoin trading are looking for ways to advertise their services without spending so much. This is where bitcoin affiliate marketing comes in. Every concrete action of someone you refer will be rewarded. Now, this reward could be either of two, depending on which you choose: CPA or revenue payout. The former pays you at once while the latter may offer payments over a period, spanning days or weeks.
The way it works is quite straightforward. Look up bitcoin affiliate programmes and sign up, bearing in mind that you must have an engaging platform that allows you reach out to lots of people who can become potential patrons of the company you are promoting (it might be a blog or large followership on any social media platform). Once you sign up, you will then be given an affiliate link. For each time someone patronizes the company through your link, you will be rewarded with a certain amount of bitcoins. Thus, your job is to make sure you create enough buzz and have lots of visitors patronize the bitcoin trading company through your link.
You must know, however, that bitcoin affiliate marketing requires money, time and strategy to promote the offers.
The most obvious reason is that bitcoins are valuable and with how popular they have become in 2017, using them as incentives to affiliates poses an attractive offer. Also, with bitcoins, making payments is much simpler, faster and they are equally easier to track due to the secure nature of the blockchain technology on which bitcoins are based (a secure open-source ledger that shows all transactions and that is not subject to a central authority’s control).
Furthermore, bitcoins are quickly gaining widespread acceptance in all sectors, including real estate. Therefore, their use translates into the elimination of the third party like banks, that can be very disruptive, but since it is being accepted increasingly, then it is best that all fields, including affiliate marketing, got used to it.
Blockchains can also be used to track the clicks. This is very important because the affiliate may be committing fraud whereby the clicks are not from real people but are automatically generated. The secure system of the blockchain can be used by the marketer to avoid this.
Here are few examples of bitcoin affiliate marketing programmes you can join and the commissions they come with.
1. Exmo Finance- 25%
2. Bitbond- 50 %
3. Localbitcoins- 20%
4. SimpleFX- 25%
5. XCoins- 25%
These are only a few programmes, but from the commission rates, you can tell it is a worthwhile venture.
Therefore, bitcoin affiliate marketing is a relatively unsaturated market so what could be better than getting rooted in a market before many others realize it is thriving? If you decide to join a network, you are however advised to get all the facts straight before making any moves; know as much as you can about bitcoins and blockchains.
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We would love to do business with you, while not get in touch with us today to get started as an advertiser or publisher with us