The financial industry and cryptocurrency market are experiencing significant transformations. This is most evident in the rise of decentralized exchanges (DEXs) and crypto marketing schemes.
Some years back, a Forbes article predicted that the cryptocurrency market would experience significant growth. As expected, with the involvement of institutional capital, new cryptocurrencies started emerging. This led to the expansion of the market and, consequently, numerous ways to benefit from it. Among them is joining crypto affiliate programs.
They have become an excellent tool for generating passive income and, as a result, a go-to option for many traders. Therefore, in line with their global recognition, we will be reviewing eight of the best crypto affiliate programs in 2024. The review will highlight their key features, commission rates, and participation requirements.
What Is a Crypto Affiliate Program?
It is a form of marketing, in which crypto exchanges leverage affiliate partners or affiliates to promote their products or services within the market.
Affiliates do not participate personally in the program. They use their popularity and marketing tools to bring in new clients in exchange for commissions. Due to the nature of this market, rewards in cryptocurrency affiliate programs are often higher than those in other industries.
How Does Crypto Affiliate Marketing Work?
According to data uploaded to Statista in 2022, affiliate marketing was ranked the second most common way to obtain crypto income. It operates the same way as traditional affiliate marketing. The only difference is that affiliate marketers in this field focus on promoting crypto-related products or services. Here’s how it generally works:
| Steps | How it works |
| Joining an Affiliate Program | Similar to traditional affiliate marketing, you start by joining an affiliate program offered by a company or crypto advertising networks. |
| Getting Your Unique Affiliate Link | Each program has its own requirements. Once you qualify, you will receive your unique affiliate link. It is with this link that you’ll promote the company’s products or services. |
| Promoting Products/Services | You then promote the products or services through various channels, including blogs, websites, email newsletters, or social media platforms. |
| Earning Commissions | When someone clicks on your affiliate link and completes a desired action (such as signing up), you earn a commission like a fixed fee per conversion. |
| Tracking and Analytics | You can see metrics such as clicks, conversions, and commissions earned. This enhances your marketing campaigns and generates better results. |
List of the Top 8 Crypto Affiliate Programs in 2024
There are several crypto affiliate options in the financial industry. This gives users a wide range of options to choose from. With the attractive features embedded in each, choosing the best may be pretty challenging. Hence, we’ll review the top 8 programs in 2024, helping you find the right one. They are:
- OKX – Up to 50% commissions on all trading fees generated by referrals
- Bybit – Exchange platform with an extra 10% sub-affiliate commission.
- KuCoin – Offering up to 45% recurring commission
- Gate.io – Up to 60% long-term commission
- MEXC – Earn up to 50% monthly commission in cryptocurrency
- Bingx – Up to 50% of commissions on trading fees
- Coinbase – Payout of up to 50% commission rate through different payment methods
- HTX – Up to 60% commission on transactions on spots or derivatives
Now that we have listed them let’s look at each in detail.
1. OKX
Program description:
OKX joins our list of crypto affiliate programs offering diverse trading options with high leverage. The OKX affiliate program provides a tiered commission structure, where affiliates can earn up to a 50% commission in USDT.
Benefits for affiliates:
Joining OKX’s affiliate program comes with exclusive benefits. For instance, affiliates can enjoy round-the-clock support from dedicated account managers and customer service. Also, you can engage with your referrals instantly through OKX’s messaging feature and collaborate with sub-affiliates to expand your network. Most importantly, you can monitor your referral performance in real time with tracking and reporting tools.
Participation requirements:
To participate in OKX’s affiliate program, obtain your affiliate links and codes from the More Affiliates page. After this, customize them or create new ones as needed. Next, share these links with your network via social media or other channels. When your referrals sign up on OKX and trade using your link or code, you earn commissions from their trading fees, which are settled hourly.
2. Bybit
Program description:
Bybit is a top cryptocurrency exchange platform that offers an outstanding affiliate benefit. Established in 2018, Bybit has gained recognition for its user-friendly interface and advanced trading features.
Benefits for affiliates:
Bybit’s cryptocurrency affiliate programs offer a monthly income for referrals. The platform stands out for offering commissions of up to 50% and 10% for sub-affiliates. Affiliates also benefit from other outstanding features, including timely payments, access to worldwide networking events such as crypto conferences, and exclusive portals. They also enjoy personalized account services, ensuring support and guidance at every step.
Participation requirements
The Bybit takes the lead in its straightforward process. It takes only a few minutes to fill out the application form. Typically, it takes about 24 hours for the application to be reviewed. Once approved, you can customize and share your invitation link with your social network.
3. KuCoin
Program description:
KuCoin has worked hard to contribute to its ranking as one of the most popular global exchanges. As a testament to its good reputation and advanced trading capabilities, the platform is currently ranked #15 on Forbes’s Best Global Crypto Exchanges list.
Benefits for affiliates:
Its crypto affiliate program is a key feature because its users can earn commissions of up to 45% on their referrals and 5% on sub-affiliates. Another benefit is the platform’s marketing materials, which help track performance and enhance promotional campaigns.
Participation requirements:
To qualify as an affiliate with KuCoin, you should have a community with over 500 members or a social media account with over 5000 followers. Once you fill out the application form on its website and your application is approved, you will receive your unique affiliate link to start earning affiliate rewards.
Join our list of success stories
Do you know you can achieve real results with our proven cryptocurrency marketing solutions? Well, our track record speaks for itself. We have helped numerous clients succeed in the crypto world and are willing to help you drive growth and boost your brand visibility. Partner with us today and experience the difference our expertise can make. Don’t settle for anything less than measurable success.
Book intro call
4. Gate.io
Program description:
Since its launch in 2013, Gate.io has thrived in maintaining its position as a reliable trading platform. In addition to its numerous features, Gate.io offers traders access to thousands of tradable instruments on its platform.
Benefits for affiliates:
The Gate.io affiliate program caters to a broad audience. One outstanding benefit it offers its affiliates is commission rates of up to 60% of trading fees generated by their referrals. Additionally, Gate.io offers flexible payout methods, allowing affiliates to receive their rewards through various channels, including cryptocurrencies. The platform also supports its affiliates with tracking and reporting tools, enabling them to monitor their performance.
Participation requirements:
To join the Gate.io affiliate program, you must first open an account. Once you’ve done that, you generate a unique referral link to promote the platform. Gate.io’s affiliate program is open to users worldwide, making it accessible to everyone.
5. MEXC
Program description:
With over half a decade of experience in the industry, MEXC presents you with a unique link to the cryptocurrency world. With partnerships spanning over 8000 affiliates across 100+ countries, MEXC invites members of the public to join its crypto affiliate programs.
Benefits for affiliates:
Relying on its commitment to transparency, affiliates receive detailed reports on promotion effectiveness. Also, compensation is flexible, allowing payment in preferred cryptocurrencies, with generous commissions of 50% and an additional 10% for sub-affiliates.
Participation requirements:
Becoming an affiliate marketer with MEXC is simple. Join by filling out an application on their website. Once approved, you will receive access to promotional materials and a unique referral, which you’re expected to share with your affiliate network to start earning commissions.
6. Bingx
Program description:
Bingx offers one of the best crypto affiliate programs to look out for in 2024. Established in 2018, the platform caters to millions of traders. Bingx is renowned for offering trading assets and crypto affiliate marketing, helping users make the most of their participation in the crypto market.
Benefits for affiliates:
Joining Bingx offers several benefits, including up to 50% commissions on trading fees, daily settlement for fast payouts, 100% proof of reserves for asset security, real-time tracking via the user management platform, exclusive promo campaigns for tailored rewards, dedicated support, and access to industry-leading products.
Participation requirements:
As one of the leading cryptocurrency affiliate programs, Bingx does not impose any strict requirements. Therefore, to join Bingx’s affiliate program, fill out the application form on its website with the required details. Once reviewed, a Bingx representative will contact you on the next step and provide your unique referral link.
7. Coinbase
Program description:
Coinbase is one of the trusted crypto tools, serving clients worldwide. Based on its traffic, liquidity, trading volumes, and other commendable characteristics, Coinbase has the second-highest exchange rank on CoinMarketCap. Aside from offering a platform with a wide range of trading options, there are numerous benefits attached to joining this one of the best crypto affiliate programs.
Benefits for affiliates:
They include a commission rate of 50% with monthly payouts via PayPal, no minimum payout requirement, and a 30-day cookie duration, which ensures you earn commissions that aren’t delayed. Also, you can access promotional materials, providing flexibility for affiliates worldwide.
Participation requirements:
To join the program, sign up and obtain your unique referral link. Once you have the link, share it with your social network through your preferred channels. Your commission will start running once your referrals start trading based on their trading activity. Unlike other programs, there are no specific requirements on Coinbase aside from actively promoting your link to attract users.
Ready to step up your marketing game?
Want access to expert strategies that can engage your audience and drive success in the crypto market? Let us help your brand captivate your target audience and convert them into permanent clients. Ready to boost the brand’s visibility and connect with potential investors? Take the first step towards growth and engagement today.
Book intro call
8. HTX
Program description:
HTX has a strong performance history, offering users innovative features and reliable trading services. However, it doesn’t end there. The platform joins other leading exchange platforms offering crypto affiliate programs.
Benefits for affiliates:
HTX offers a comprehensive affiliate program with two trading platforms: Spot and Derivatives. With performance-based requirements, affiliate commission levels range from 40% to 50%. Upgrades to higher commission levels are possible, with protective measures in place to maintain current levels. HTX ensures affiliates are rewarded in due time.
Participation requirements:
To qualify for HTX’s affiliate program, you must meet various criteria, including having a social media account with over 5,000 followers, leading a community of more than 500 active members, representing a business with over 2,000 users, managing an independent website or maintaining an average of 500 HT over the past 30 days. Once you meet the requirements, you can register to create your referral link, which is your passcode, to earn commissions from the platform.
How to Choose the Right Crypto Affiliate Program
Working with the right crypto affiliate programs is undeniably a vital step in succeeding in this field. However, because of the numerous available options, it may be challenging for a beginner to outrightly find the right one. Therefore, considering our position as one of the most reputable crypto market makers, we recommend that you think of the following factors of crypto affiliate programs:
- Payout: Check the program to ensure its payment structure aligns with your financial objectives.
- Commission Rate: This varies among crypto affiliate programs, so it is important to go for competitive rates that align with your efforts and potential earnings.
- Reputation: Prioritize programs with a solid reputation for trustworthiness and security measures.
- Support: Seek crypto affiliate programs with support systems that optimize affiliate performance by providing marketing tools as well as affiliate tracking metrics to promote transparency
- Accessibility: Confirm if the program is accessible and compliant with regulations in your target region.
- Product Quality: Partner with programs offering high-quality products or services that resonate with your audience.
Conclusion
Crypto affiliate marketing is a popular concept, and according to a business article from Investopedia, both parties (the advertising company and affiliate) benefit from the partnership. Bringing it down to the digital market, top crypto affiliate programs provide a great opportunity to earn an income through well-structured affiliate campaigns.
However, what you earn depends on certain factors, including your marketing strategies, the crypto affiliate programs’ commission structure, the number of referrals you get, the performance of the referrals, etc. However, note that commissions can be based on a predetermined amount or a percentage of the transaction made through your link.
Overall, success in crypto affiliate marketing depends on choosing the right program and style for your audience. Just remember, the crypto industry is unpredictable, so potential earnings can change with the market.
